Saudi, Qatar, Oman convinced Trump to ‘give Iran a chance’: senior Saudi official
Two diplomatic sources told AFP on Thursday that the security posture at Qatar's Al-Udeid Airbase had been lowered after a...
Geostrategy
Starlink services disrupted in Iran amid expanding protests and broader measures affecting internet access
Widespread jamming of the Starlink satellite internet service used by some Iranian opposition members is a likely first in peacetime but...
Geostrategy
Geostrategy
Libyans united in grief for army chief killed in plane crash
General Mohammed al-Haddad and his four aides died on Tuesday after a visit to Ankara, with Turkish officials saying an...
- "It will be hard to find a man of his calibre," Nasreddine al-Maghribi told AFP at a cafe in Libyan capital Tripoli.
- Until a successor is selected, Haddad's deputy, General Salaheddine al-Namroush, will stand in for him, according to the presidential council.
Business
Why metal prices are soaring to record highs
London, United Kingdom -- Precious and industrial metals are surging to record highs as the year ends, driven by economic...
- Gold has climbed more than 70 percent this year and passed $4,500 an ounce for the first time on Wednesday.
- A weak dollar is also boosting industrial metals, since commodities priced in dollars become cheaper for buyers when the currency falls.
Geostrategy
Palestinian Authority says Israel tightening control over West Bank with new settlements
The Palestinian Authority condemned on Tuesday Israel's recent approval of 19 settlements in the occupied West Bank, accusing it of...
- On Sunday, Israel's far-right Finance Minister Bezalel Smotrich announced the authorities had greenlit the settlements
- The latest move brings the total number of settlements approved over the past three years to 69, Smotrich's office said
Economy
“New Suez Canal on rails”: Egypt high-speed trains to connect Red Sea, Mediterranean
Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
- The Green Line, as it is known, is the latest of a long list of megaprojects undertaken by El-Sisi's government in the past decade
- The Green Line will run across the country's north, from Ain Sokhna on the Red Sea to Marsa Matrouh on the Mediterranean
Geostrategy
Gazans fear renewed displacement after Israeli strikes
Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...
- Earlier this month, Israeli army chief Lieutenant General Eyal Zamir described the Yellow Line as the "new border line" with Israel.
- For Palestinian officials, the line is seen as a tool for permanent displacement.
Business
Kuwait signs $4.1 billion deal with China to build port
Kuwait City, Kuwait -- Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a...
- Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah project would "enhance Kuwait's share in the regional and international trade and global supply chain".
- Chinese acting charge d'affaires Liu Xiang said the deal "constitutes participation in the 'belt and road' initiative".
Geostrategy
Ex-Israeli PM accuses Netanyahu of ‘treason’ over alleged Qatar funding to his aides
Former Israeli premier Naftali Bennett, widely regarded as a leading contender in next year's legislative elections, called on Monday for...
- Bennet's remarks followed a report which purportedly revealed conversations between Netanyahu's advisers in connection with the case
- In April 2025, Netanyahu declared that Qatar was "not an enemy" of Israel, defending his two advisers who had been taken into custody
Business
Tech stocks lead Wall Street higher, gold hits fresh record
Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
- Gold, which benefits from expectations of lower US interest rates, hit a fresh record of $4,442.19, while silver also struck a new peak.
- The precious metals, which are go-to assets in times of crisis, also benefited from geopolitical worries as Washington steps up its oil blockade against Venezuela.
Business
Billionaire Ellison offers personal guarantee for son’s Warner Bros bid
Washington, United States -- Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile...
- Netflix shocked the industry December 5 by announcing it had sealed an agreement to buy the film and television studio and HBO Max streaming business for nearly $83bn.
- Three days later, Paramount launched an all-cash tender offer valuing the entertainment giant at $108.4 billion.
Economy
Pressure on Morocco to deliver as Africa Cup of Nations kicks off
Morocco carry a huge weight of expectation into their opening game at the Africa Cup of Nations on Sunday as...
- Senegal, Ivory Coast, Mohamed Salah's Egypt and a Nigeria side led by Victor Osimhen are the biggest rivals for Morocco at the AFCON
- Morocco, Africa's best team in the FIFA rankings in 11th place, kick off the tournament on Sunday against minnows Comoros
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Saudi, Qatar, Oman convinced Trump to ‘give Iran a chance’: senior Saudi official
Two diplomatic sources told AFP on Thursday that the security posture at Qatar's Al-Udeid Airbase had been lowered after a...
Geostrategy
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Yemen separatists set for Riyadh talks after fighting: official
The leader of Yemen's separatists is heading to Riyadh on Tuesday for talks, a Yemeni official told AFP, after days...
Geostrategy
Venezuelan parliament swears in interim president after Maduro’s ouster
Venezuela's parliament swore in Delcy Rodriguez as interim president on Monday, two days after US forces seized her predecessor Nicolas...
Geostrategy
Oil prices gain, as equities extend record run higher
Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...
Business
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Geostrategy
Venezuela’s interim leader names commission to handle Maduro’s release
Venezuela's interim president Delcy Rodriguez on Sunday created a commission to seek the release of president Nicolas Maduro and his...
- Rodriguez tapped her brother Jorge, president of the National Assembly, and Foreign Minister Yvan Gil to co-chair the commission
- Accused of drug trafficking and terrorism, Maduro was detained in a New York jail Saturday and is due in court Monday
Geostrategy
Netanyahu says Israel won’t let Iran restore ballistic missile programme
Prime Minister Benjamin Netanyahu said Monday that Israel would not allow arch-foe Iran to restore its ballistic missile programme, just...
- "We will not allow Iran to restore its ballistic missile industry, and certainly we will not allow it renew the nuclear programme that we significantly damaged," Netanyahu said
- Netanyahu's threat comes days after Trump threatened to "eradicate" Iran's nuclear and ballistic missile programme, after the two leaders met in Washington last week
Business
Volatility grips oil market as nervous investors assess Venezuela
Having spiked in an initial reaction to the military operation to apprehend Nicolas Maduro in Caracas, oil prices quickly dropped...
- But then oil recovered again as investors realized that Venezuela is in no position to make a meaningful impact on oil supply in the short run.
- Trump's promise to rebuild Venezuela's crude production capacity with the help of American companies meanwhile sent stocks in oil majors soaring.