Turkey, Senegal discuss defence industry, security cooperation
Turkey's President Recep Tayyip Erdogan said he discussed defence and security cooperation with Senegal's visiting prime minister Ousmane Sonko on...
Geostrategy
Lebanon’s Hezbollah rejects cabinet decision to disarm it, terms it a grave sin
Hezbollah said Wednesday that it would treat a Lebanese government decision to disarm the militant group "as if it did...
Geostrategy
Prince Harry accuses brother William of 2019 physical attack: report
New York, United States--Britain's Prince Harry recounts in his new book how he was physically "attacked" by his older brother Prince...
- According to the Guardian, the story of the incident appears in Harry's new memoir "Spare," which is due to be released later this month
- Harry and Meghan, 41, lifted the lid on their experiences in the British royal family in a Netflix docuseries last month
Geostrategy
Iranian Revolutionary Guard killed outside his house in Tehran
Tehran, Iran - A member of Iran's Revolutionary Guards was shot dead outside his house in Tehran, state media reported Wednesday,...
- Qassam Fathollahi was shot "four times in front of his house" in southern Tehran late Tuesday by "unknown persons".
- Police had noted "signs of theft from the apartments around the scene" of the shooting, the report added.
Economy
Germany uses more renewable energy, still falls short of CO2 goal
The setback comes despite a record 4.7 percent drop in energy consumption last year, partly in response to soaring fuel...
- Europe's biggest economy emitted 761 million tons of greenhouse gases last year, just one ton fewer than in 2021 and overshooting the target of 756 million tons.
- The German government had aimed to reduce carbon dioxide emissions by 40 percent by 2020 compared with 1990 levels, but has yet to achieve the feat.
Geostrategy
Palestinians mull next moves after Israel minister’s Al-Aqsa visit
Hours after Ben-Gvir's appearance at the sensitive site, Hamas and other militant groups held emergency meetings to discuss a "proportionate"...
- Jamal al-Fadi, a politics professor at Gaza's Al-Azhar University, said Hamas "does not want a new military escalation and is currently gauging American and Arab reactions".
- Israel's left-wing daily Haaretz cautioned a key moment would come Friday, when thousands of Muslims gather at the compound for prayers.
US regulators warn banks over crypto risks
The joint statement comes after the sudden collapse of cryptocurrency platform FTX - worth $32 billion before it filed for...
- Banking organizations should be aware of risks such as fraud and scams, along with inaccurate or misleading disclosures, the agencies said.
- The watchdogs said they continue to take a "careful and cautious approach" with crypto activities and exposure at banking organizations
Japan’s PM to meet Biden in Washington, visit other G7 allies
The two leaders are expected to discuss regional security challenges, including North Korea and China, as well as Russia's invasion...
- Japan is assuming the presidency of the G7 grouping and Kishida said he also plans to visit members France, Italy, Canada and Britain this month
- Kishida will host the G7 leaders summit in Hiroshima in May and wants to put achieving a world free of nuclear weapons on the international agenda
Economy
In Iraq, graft helps push property prices out of reach
Baghdad, Iraq---Iraqi telecommunications worker Youssef Ahmed is married with a five-year-old son, but lives with his parents because he is unable...
- Many investors preferred to purchase property in the autonomous Kurdish areas of the country's north, or even in neighbouring Turkey.
- The government recently announced ambitions to build low-cost housing for Iraq's poorest citizens, with around 1m Baghdad residents estimated to live in informal settlements.
Ex-crypto boss Bankman-Fried pleads not guilty to fraud
The United States has charged Bankman-Fried with conspiracy, wire fraud, money laundering and election finance violations. Prosecutors allege he cheated...
- The 30-year-old former digital currency billionaire, who is out on bail, entered the plea in federal court in Manhattan before New York judge Lewis Kaplan
- FTX and its sister trading house Alameda Research went bankrupt in November, dissolving a virtual trading business that at one point had been valued by the market at $32 billion
Economy
Two World Bank entities provide US$75bn in financing last year
Washington, United States--Two World Bank entities provided a record $75 billion in financing last year, said a letter by its president,...
- The aid comes as countries emerging from the Covid-19 pandemic were hit by fallout from war in Ukraine and surging inflation, while climate change brought further devastation
- The World Bank delivered $31.7 billion in climate finance last year and channeled another $18 billion towards Ukraine since the start of the war
Geostrategy
Turkey hosts Syria opposition after outreach to Assad
Erdogan's hopes for talks with Assad follow calls from Turkey's main opposition party as it is pressing Erdogan to speed...
- Erdogan has suggested that the talks between the defense chiefs be followed up by a meeting between the foreign ministers that could set up a potential presidential summit
- Erdogan's foreign policy adviser Ibrahim Kalin confirmed that Ankara was now pressing Damascus to take steps for the return of Syrian refugees who fled the fighting to Turkey
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Turkey, Senegal discuss defence industry, security cooperation
Turkey's President Recep Tayyip Erdogan said he discussed defence and security cooperation with Senegal's visiting prime minister Ousmane Sonko on...
Geostrategy
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Heavy fighting rocks Gaza as thousands are on the move again
The United Nations warned that the almost nine-month-old war had "unleashed a maelstrom of human misery."
Geostrategy
Dubai-based rowers brave Arctic this July to highlight plastics pollution
At an indoor pool in Dubai, three rowers battle artificial rain and simulated waves as they train for an Arctic...
Science
Tesla auto deliveries beat expectations
Electric carmaker Tesla saw its shares surge on Tuesday.
Business
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Geostrategy
80 percent of Gazans now displaced: UN humanitarian coordinator
United Nations, United States --The UN humanitarian coordinator for Gaza said Tuesday that 1.9 million people -- 80 percent of the...
- UN estimated that up to 250,000 people are impacted by the Israeli military order for civilians to leave Al-Qarara, Bani Suhaila and other localities in Khan Yunis.
- ""Palestinian civilians in Gaza have been plunged into an abyss of suffering. Their homes life shattered, their lives upended," said UN humanitarian coordinator Sigrid Kaag.
Business
Tesla Q2 auto deliveries surge
Deliveries still 4.7 percent down from a year ago.
- Tesla said it delivered around 444,000 vehicles worldwide in the April-June period, exceeding consensus estimates compiled by FactSet and sending its share price up around 9%.
- Of the total figure, 422,405 involved Model 3 and Model Y vehicles. Tesla gave no detailed breakdown of the other autos delivered.
First Palestinian Olympic boxer fights hurdles before history
Beitunia, Palestinian Territories - Every morning Palestinian boxer Waseem Abu Sal checks texts from his Cairo-based coach -- a Gazan who...
- The 20-year-old Waseem Abu Sal will be the first Palestinian boxer to participate in the Olympics after he bagged a wildcard spot
- Abu Sal will take on his first Olympic fight on July 28 after training routine with his remote coach Ahmad Harara who is held back by Israeli travel restrictions