Low-cost carrier Wizz Air to stop Abu Dhabi operations
Budapest, Hungary -- Hungarian low-cost airline Wizz Air said Monday that it would end its Abu Dhabi operations, which have...
Business
Gaza civil defence says Israeli strikes kill 43 as truce talks deadlocked
On the ground, civil defense agency spokesman Mahmud Bassal said at least 43 people were killed in the latest Israeli...
Geostrategy
Geostrategy
King of Morocco extends olive branch to Algeria
Morocco's King Mohammed VI used an address on Saturday to "once again" reiterate his openness to restoring ties with Algeria,...
- Morocco and Algeria have long been at odds over the disputed territory of Western Sahara, where the Algiers-backed Polisario Front is seeking independence from Rabat's rule
- Morocco's sovereignty over the territory was backed by Washington in a 2020 deal that also saw Rabat normalize ties with Israel
Business
Elon Musk files counter lawsuit against Twitter
A judge has ordered a five-day trial over Twitter's lawsuit against Musk to begin on October 17.
- The 164-page filing was submitted as being "confidential," meaning the documents were not accessible by the public.
- Musk's filed case against Twitter's claim that he is contractually bound to complete deal he inked in April to buy Twitter.
Geostrategy
Swedish national arrested for alleged espionage, says Iran
Iran said it had arrested a Swedish national on allegations of espionage, while Sweden's foreign ministry said the case related...
- The announcement of a Swedish national's arrest comes amid diplomatic tensions between Tehran and Stockholm
- A Swedish court sentenced a former Iranian official to life for war crimes in the Islamic republic in 1988
Geostrategy
Lebanon seizes Syrian ship with ‘illegal’ Ukrainian grain
A Lebanese prosecutor ordered the seizure Saturday of a Syrian-flagged ship that docked at a northern port with a cargo of...
- Lebanese police were instructed to consult Ukraine's embassy after it said the ship was loaded from region occupied by Russian forces
- Preliminary reports indicate that the owner of the shipping company is a Turkish national and the grain belongs to a Syrian merchant
Geostrategy
No plan to leave Iraq’s parliament, say pro-Sadr protesters
Supporters of Iraqi cleric Moqtada Sadr penetrated Baghdad's heavily fortified Green Zone on Saturday, occupying parliament with no plan to...
- It is the second time in days that Sadr supporters have forced their way in to the legislative chamber, months after elections that failed to lead to formation of a government
- Supporters of Sadr oppose the recently announced candidacy of Mohammed Shia al-Sudani for prime minister
Business
Gazprom suspends gas export to Latvia as tensions escalate
Russian energy giant Gazprom Saturday suspended gas supplies to Latvia following tensions between Moscow and the West over the conflict...
- Gazprom suspended its gas supplies to Latvia due to "violations of the conditions" of purchase, the company said on Telegram.
- Gazprom drastically cut gas deliveries to Europe via the Nord Stream pipeline on Wednesday to about 20 percent of its capacity.
Geostrategy
US seeks to douse hostility with China over Pelosi’s Taiwan trip
President Joe Biden's administration tried Friday to defuse heated Chinese warnings against a possible trip to Taiwan by US House...
- China sees any such stop by the speaker as a provocation, upsetting the tense status quo under which Washington formally recognizes China's sovereignty claim over the island
- While US officials often make discreet visits to the island in a show of support for its democratic self-ruling government, Pelosi is second in line to the US presidency
Geostrategy
Blinken and Lavrov hold ‘frank’ first talks since start of war
The top diplomats of the United States and Russia spoke Friday for the first time since the Ukraine war, with...
- President Joe Biden has faced growing public pressure to find a way home for Griner, a basketball star jailed for transport of cannabis oil, and Whelan, a former Marine
- Russia's foreign ministry, in a statement on the call, said that relations between the two nations "are in strong need of normalization"
Geostrategy
Tunis summons US envoy over criticism of constitutional vote
Tunisia's foreign ministry summoned the US charge d'affaires on Friday to denounce "unacceptable" statements by American officials criticising this week's...
- The new constitution grants almost unlimited power to the president, and Saied's rivals had called for a boycott of the vote
- Blinken on Thursday voiced concerns that the "new constitution could weaken Tunisia's democracy and erode respect for human rights
Business
Yemen’s ancient honey production a victim of war, climate change
Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic...
- Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic properties
- The United Nations says honey plays a "vital role" in Yemen's economy, with 100,000 households dependent on it for their livelihoods
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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
Low-cost carrier Wizz Air to stop Abu Dhabi operations
Budapest, Hungary -- Hungarian low-cost airline Wizz Air said Monday that it would end its Abu Dhabi operations, which have...
Business
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‘US circulates draft UN resolution calling for immediate truce in Gaza’
"Of course, we stand with Israel and its right to defend itself... but at the same time, it's imperative that...
Saudi Arabia to donate US$40m for UN agency in Gaza
The funds, according to the King Salman Humanitarian Aid and Relief Centre (KSrelief), would support UNRWA's "humanitarian relief efforts in...
Geostrategy
White House announces $20bn in grants, loans to boost Intel chip production
Washington, United States - The White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel's US...
Business
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Economy
Cash-strapped Pakistan gets draft approval for $1.1 bn IMF payout
Islamabad, Pakistan - Pakistan reached a tentative deal to unlock a $1.1 billion tranche of an International Monetary Fund (IMF) bailout...
- Last summer, cash-strapped Pakistan sketched a $3 billion deal with the IMF as it battled a balance-of-payments crisis which brought it to the brink of default.
- After six days of talks in Islamabad, concluding Tuesday, the IMF said officials had reached a "staff-level agreement" to pay out the latest portion of the deal.
Geostrategy
Gaza ceasefire, post-conflict planning on Blinken’s Saudi visit agenda
Blinken is due to travel on to Egypt, which neighbors Gaza and whose envoys have been involved in previous mediation...
- He will discuss "a political path for the Palestinian people with security assurances with Israel, and an architecture for lasting peace and security in the region", Miller added.
- Nearly six months into the war, Israel's key backer the United States has repeatedly called on its ally to allow more humanitarian aid into besieged Gaza.
Afghanistan blames ‘politics’ as Australia cancels T20 tour in UAE
The Afghanistan Cricket Board urged the Australian government "not to impose its policies on cricket boards" and "focus on supporting...
- Cricket Australia said it had received advice "that conditions for women and girls in Afghanistan are getting worse" and postponed the three-match series scheduled in August
- The decision, announced Tuesday, was third time since 2021, when the Taliban returned to power, that Australia have refused to play Afghanistan outside of international tournaments