Meta buys China-founded AI agent Manus
Singapore, Singapore -- Facebook owner Meta has agreed to acquire Manus, an artificial intelligence agent created by a company founded...
Business
Emirates mining company challenges Guinea license withdrawal
Dakar, Senegal -- Mining company Axis International said Monday it was seeking World Bank arbitration against Guinea for withdrawing its...
Business
Geostrategy
Israel seeks full control of Gaza, won’t keep or govern it: Netanyahu
"We want to hand it over to Arab forces that will govern it properly without threatening us and giving Gazans...
- Fox News said the interview occurred just before Netanyahu was to attend a security cabinet meeting on Gaza war plans.
- Netanyahu is expected to seek approval at the meeting for an expansion of military operations, including in densely populated areas where hostages are believed to be held.
Economy
Trump announces 100% chip tariff, pressuring Asian producers
The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...
- shares in Taiwan's TSMC -- world's largest contract maker of chips -- soared nearly 5% after the government said the company will not be affected.
- Trump has previously accused Taiwan of having stolen the US chip industry, and earlier this year, TSMC unveiled a plan to invest an extra $100 billion in the United States.
Business
Electric ‘air taxis’ could debut in Japan from 2027
Tokyo, Japan -- Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis"...
- ANA and California-based Joby Aviation said they will establish a joint venture with a view to deploying more than 100 of the five-seater aircraft.
- The project primarily envisages trips between Narita and Haneda airports and Tokyo, although the routes can diversify in the future.
Geostrategy
Tourists drawn to Oman’s giant sinkholes
The sinkholes are marketed as a tourist attraction in Dhofar, whose temperate climate draws many visitors from the Gulf during...
- One of the sinkholes is one of the world's biggest: the yawning Kahf Teiq, 211 meters (692 feet) deep and 150 meters wide.
- At the Tawi Atair sinkhole, tourists potter around on concrete paths and stairways.
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...
- The government said its decision came as part of implementing a November ceasefire that sought to end more than a year of hostilities between Israel and Hezbollah
- Israel has kept up its strikes on Hezbollah and other targets despite the November truce, and has threatened to keep doing so until the group has been disarmed
Economy
World Cup host Morocco under pressure to save stray dogs
Tangiers, Morocco - Animal welfare groups have accused Morocco of culling stray dogs as it prepares to host football's 2030...
- Advocates have charged that Morocco was indiscriminately ridding its streets of strays ahead of the global sporting event it will jointly host with Portugal and Spain
- Authorities in the North African country, however, insist they had endorsed a non-lethal method known as TNVR -- to trap, neuter, vaccinate, and then release the dogs
Geostrategy
Only 1.5% of Gaza farmland usable, reveals latest satellite survey published by FAO
The survey, which dates from July 28, found that 8.6 percent of Gaza's farmland was accessible, but only 1.5 percent,...
- In its previous survey, published at the end of May, the FAO had indicated that less than five percent of Gaza farmland was both accessible and undamaged
- The Israeli offensive has killed at least 61,158 people in Gaza, mostly civilians, according to figures from the Gaza health ministry, which are considered reliable by the UN
Geostrategy
Israel bars Jerusalem’s top Muslim cleric from Al-Aqsa: lawyer
Israeli authorities have banned Jerusalem's top Muslim cleric from entering the Al-Aqsa Mosque compound for six months over a recent...
- Muhammad Ahmad Hussein, the grand mufti of Jerusalem, will be prevented from entering the holy site in the Israeli-annexed Old City until January 2026, according to lawyer Khaldoun
- Hussein's lawyer said that the ban was due to a Friday sermon the mufti gave at Al-Aqsa -- Islam's third-holiest site -- in late July, "which contained nothing inappropriate."
Business
Apple to invest additional $100 bn in US: White House
Washington, United States -- Apple will invest an additional $100 billion in the United States, taking its total pledge to...
- In February, Apple said it would spend more than $500 billion in the United States and hire 20,000 people, with Trump quickly taking credit for the decision.
- Trump, who has pushed US companies to shift manufacturing home by slapping tariffs on trading partners, claimed that his administration was to thank for the investment.
Geostrategy
Full occupation of Gaza looms as Israel orders army to execute any decision
The Israeli press, citing officials, has predicted an escalation of operations, including in densely populated areas where hostages are believed...
- Media reports in Israel have said Netanyahu and his cabinet may order a full military occupation of Gaza, allegedly sparking dissension from armed forces chief Lt Gen Eyal Zamir.
- On Tuesday, Netanyahu held a three-hour meeting with security chiefs including Zamir to discuss options for the continuation of the war, the premier's office said in a statement.
Most Read
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
Meta buys China-founded AI agent Manus
Singapore, Singapore -- Facebook owner Meta has agreed to acquire Manus, an artificial intelligence agent created by a company founded...
Business
Company News
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UAE company inks $22 mn deal for stake in Latakia container terminal
Dubai, United Arab Emirates - AD Ports Group of the United Arab Emirates (UAE) signed a $22 million agreement Thursday...
Economy
Qatari firm to invest $29.7 billion in Egypt coastal development
The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of...
Economy
Embracing heritage, Mamdani marks watershed for South Asian Americans
Washington, United States - In a victory speech capping his meteoric rise, New York's mayor-elect Zohran Mamdani quoted at length...
Geostrategy
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Business
Ozempic maker lowers outlook
The company posted tepid Q3 results.
- It marked the latest bad news for the pharmaceutical giant, which has recently changed its CEO, announced plans to lay off 9,000 employees and replaced more than half of its board.
- The group now expects full-year sales in 2025 to grow by eight to 11 percent, versus the eight to 14 percent range it had expected previously, the company said.
Geostrategy
Gaza hospital says received 15 Palestinian bodies under ceasefire exchange deal
They were returned in exchange for the latest hostage body handed back from Gaza on Tuesday, that of Israeli-American soldier...
- At the start of the truce, Hamas held 48 hostages in Gaza -- 20 alive and 28 deceased.
- Hamas have since released all the surviving captives, as well as 21 of the deceased's remains.
Geostrategy
Long-shot socialist and Trump foe Mamdani becomes next New York mayor
The self-proclaimed socialist, who has been re-elected three times, forged an image that has become his trademark -- a progressive...
- Since his surprise victory in the Democratic Party primary in June, New Yorkers have become used to seeing his bearded, smiling face on television
- The 34-year-old election winner was born in Uganda to a family of Indian origin and has lived in the United States since he was seven, becoming a naturalized US citizen in 2018