Trump to unveil investments to power AI boom
Washington, United States - US President Donald Trump heads to Pennsylvania on Tuesday to announce energy and infrastructure deals intended...
Research
Iran says no nuclear talks if US insists it stop uranium enrichment
Washington and Tehran had been engaged in several rounds of negotiations seeking to strike a deal on the Islamic Republic's...
Geostrategy
Geostrategy
Syria more than doubles petrol prices, says commerce ministry
Syria's internal commerce ministry has announced a petrol price hike of around 130 percent in the war-torn country facing fuel...
- The cost of a liter of subsidized fuel will rise to US$0.99 (2,500 Syrian pounds), from US$0.43 (1,100 Syrian pounds)
- The cost of non-subsidized petrol will rise from US$1.39 (3,500 Syrian pounds) to US$1.59 (4,000 Syrian pounds), the ministry said.
Geostrategy
Six children among 31 Palestinians killed in Israeli Gaza bombardment
The fighting is the worst in Gaza since a war last year devastated the impoverished coastal territory, home to some...
- US urges calm but says Israel has the 'right to defend itself'. Gulf Cooperation Council asks international community to 'act urgently'.
- Gaza's health ministry said the next few hours will be "crucial and difficult", warning that without electricity it soon risked suspending vital services.
Geostrategy
Chad leader engages with rebels in Qatar to reach peace deal
Mahamat Idriss Deby Itno, who seized power in the Central African nation after his father was killed battling rebels last...
- Peace dialogue in Chad would aim to hold the country's most important elections since its independence in 1960
- Qatar hoped the accord would be signed on Monday but diplomats said late obstacles had created doubts
Business
Pfizer to make $5bn acquisition
US drugmaker is in talks to buy Global Blood Therapeutics.
- Pfizer, according to media reports, hopes to conclude talks with Global Blood Therapeutics within days
- GBT's sickle-cell treatment is administered to people with blood disorder that affects millions
Business
Arrival of first ship in Lebanon with Ukraine grain put off
The Sierra Leone-flagged Razoni was cleared for passage through the Bosphorus Strait by a team that included Russian and Ukrainian...
- An official following the shipment said the vessel might not even dock in Lebanon if the cargo's owner manages to sell it elsewhere
- The Sierra Leone-flagged Razoni set sail from the Ukrainian port of Odessa last Monday carrying 26,000 tons of corn, and stopped in Turkey the next day
Geostrategy
Turkish court rules against release of pro-Kurdish politician
Tugluk was arrested for her activities with the Democratic Society Congress , an organization considered by the Turkish authorities to...
- Aysel Tugluk, now 57, was the deputy co-chair of the pro-Kurdish Peoples' Democratic Party (HDP) before her arrest in 2016
- Although it was decided to release her as part of another case, an Ankara court on Friday ruled she should stay in prison over the 2018 conviction
Geostrategy
Police use force on Iraq Kurds demanding end to corruption
Violence erupted in Iraq's autonomous Kurdistan region when security forces fired tear gas and rubber-coated bullets Saturday into crowds of...
- New Generation party, run by the opposition, had called for demonstrations in Sulaimaniyah and other cities in the country's north
- Human rights groups regularly criticize Iraqi Kurdish authorities for carrying out arbitrary arrests, suppressing protests and attacking press freedoms
Geostrategy
Gaza’s only power plant closes due to fuel shortage
Gaza's sole power plant shut down on Saturday after running out of fuel, an electricity company spokesman said, five days...
- The power station has gone without fuel deliveries through Israel since the country shut its goods and people crossings with Gaza on Tuesday.
- In a statement, Gaza's electricity company said the shutdown will affect all public utilities, crucial installations and exacerbate the humanitarian situation
Geostrategy
EU asks for restraint as Gaza violence escalates
The European Union called for maximum restraint in the Gaza Strip's worst escalation of violence since a war last year....
- Israel hit Gaza with deadly air strikes on Saturday and a Palestinian militant group retaliated with a barrage of rocket fire
- Israel has said it was forced to launch a "pre-emptive" operation, insisting the Palestinian group was planning an imminent attack
Geostrategy
Turkey to pay for some Russian gas in rubles, says Erdogan
President Recep Tayyip Erdogan has confirmed that Turkey will start paying for some of its Russian natural gas imports in...
- Neither Erdogan nor Russian officials have said what portion of the gas will be covered by ruble payments
- Russia accounted for about a quarter of Turkey's oil imports and 45 percent of its natural gas last year
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
Trump to unveil investments to power AI boom
Washington, United States - US President Donald Trump heads to Pennsylvania on Tuesday to announce energy and infrastructure deals intended...
Research
Company News
Latest News
WTO hopes to finalize fishing agreement
Geostrategy
UN chief to visit Gaza border as Israel vows to go ahead with Rafah attack
On Saturday, UN chief Guterres plans to meet with aid workers on the Egyptian side of Rafah, just across the...
Death toll climbs to ‘more than 60’ in Moscow concert attack: Agencies
Meanwhile, the fire at a Moscow concert hall has been "mostly eliminated", the Russian capital's governor said on Saturday. "There...
UN official urges $4bn humanitarian aid for cash-strapped Syria
Beirut, Lebanon - A UN official on Friday appealed for about $4 billion in humanitarian assistance for Syria, warning funding was...
Geostrategy
Most Read
Geostrategy
EU to tell big tech firms to curb election risks or face fines
BRUSSELS, BELGIUM – The EU will put more pressure on the most popular online platforms, like X and TikTok, to tackle...
- The European Commission, the EU's executive arm, is expected to adopt new guidelines.
- They will come under the EU's mammoth content moderation law, the Digital Services Act.
Economy
Russia’s central bank holds rates amid high inflation
MOSCOW, RUSSIA – Russia's central bank held interest rates unchanged on Friday as Moscow's military offensive on Ukraine has led to...
- Russia’s central bank raised rates to 16 percent in a series of hikes last year to cool the pace of price rises.
- "Current inflationary pressures are gradually easing but remain high," the bank said in a statement.
Arts & Culture
The unexplained: Giant Swedish archive logs paranormal phenomena
The Archives for the Unexplained (AFU) claims to be the world's biggest library of paranormal phenomena, with 4.2 kilometers of...
- The archives are in the process of being digitalized and many of the documents can already by consulted on a server.
- The study of UFOs has long been stigmatized, but is becoming a more accepted field of scientific research.