Pro-Kurdish MPs to meet Erdogan after Ocalan talks
Lawmakers from the pro-Kurdish DEM party were to meet Turkish President Recep Tayyip Erdogan on Monday for talks described by...
Geostrategy
Eyeing early release, prison inmates produce Bulgaria’s coveted dairy products
Smolyan, Bulgaria -- At a prison nestled deep in Bulgaria's southern Rhodope mountains, Georgi Filyanov stirs a large tank of...
Business
Business
Oil uncertainty may stay for next five years: ExxonMobil CEO
ExxonMobil has taken a 6.25 percent stake in the expansion of Qatar's North Field, which contains the world's biggest natural...
- Energy markets have been roiled by the Ukraine war as Russia has reduced some exports and faced sanctions.
- The CEO was speaking ahead of ExxonMobil's unveiling as the 4th global partner for Qatar's natural gas expansion.
Business
Lebanon inks gas deal with Egypt to enhance power supply
Lebanon's crumbling electricity sector has cost the country more than $40 billion since the end of its 1975-1990 civil war.
- Grappling with its worst-ever financial crisis, Lebanon launched talks with Egypt last year to import gas.
- Two years into Lebanon's economic meltdown, the state is struggling to purchase fuel for its power stations.
Business
Twitter deal still in limbo due to fake accounts: Elon Musk
Business magnate Elon Musk said Tuesday that his $44 billion move to take over Twitter remained held up by "very...
- Musk was reluctant to talk about the deal when asked at the Qatar Economic Forum, saying it was a "sensitive" matter.
- Musk said he wanted to get 80 percent of the North American population and half the world's population onto Twitter.
Business
Dubai eateries earn Middle East’s first Michelin stars
Created in 1900 by the brothers Andre and Edouard Michelin of the tyre company Michelin for motorists, the guide has...
- Two restaurants were given two-star ratings, another nine gained one star and 14 received the Bib Gourmand for value-for-money gourmet fare.
- Sixty-nine restaurants serving 21 types of cuisine were listed, including Italian, Japanese, Arabic, French and Indian.
Business
Equities climb in Asia as calm returns after sharp sell-off
Equities rose in most cities Tuesday in Asia as some stability returned to markets after last week's upheaval, but analysts...
- The Fed announced a three-quarter point lift last week, after inflation data days earlier had smashed forecasts and hit a four-decade high
- Tokyo, Hong Kong, Sydney, Seoul, Singapore, Wellington, Taipei, Mumbai, Bangkok and Jakarta all rose but Shanghai and Manila slipped
Geostrategy
Israeli interior minister visits Morocco as cooperation grows
Israeli Interior Minister Ayelet Shaked arrived Monday in Morocco for a string of meetings with officials, a diplomatic source said,...
- Shaked’s visit came as Israel's Prime Minister Naftali Bennett and Foreign Minister Yair Lapid agreed to dissolve their fraught governing coalition
- Morocco had cut relations with Israel in 2000 following the outbreak of the second Palestinian intifada
Geostrategy
Turkey holds to its stance, objects Finland, Sweden joining NATO
Turkey on Monday said it did not view next week's NATO summit as a final deadline for resolving its objections...
- Ankara has also demanded the two countries lift their weapons freezes on Turkey
- Erdogan's foreign policy chief Ibrahim Kalin reported no breakthrough at the Brussels talks
Geostrategy
Tunisia president receives draft constitution, month before referendum
A legal expert charged with writing a new constitution presented a draft to Tunisian President Kais Saied Monday, less than...
- Sadeq Belaid, the legal expert appointed to head a committee drafting the new document, handed the draft to the president
- Saied this year consolidated his power grab by dissolving parliament, moving to rule by decree and seizing control of the judiciary
Geostrategy
UN chief calls on Security Council to extend Syria cross-border aid
UN Secretary-General Antonio Guterres on Monday called for the Security Council to extend its authorization of cross-border aid into northwest...
- Nearly 10,000 trucks loaded with humanitarian aid passed through Bab al-Hawa last year bound for the rebel-held Idlib region
- Russia has long called for the West to participate in Syria's reconstruction, but some members of the Security Council, most vocally France, have refused
Science
Iraq’s summer of ‘hell’ has just begun
Umm Mohammed, 74, waves a fan back and forth to cool down, but in the blistering heat of Iraq's southern...
- While Basra is used to scorching summers, this year it has started sooner than expected, bringing misery to residents in a city also plagued by chronic electricity shortages
- Chronic power cuts are exacerbated in the summer, and only those who can afford private generators are able to keep their fridges or air conditioning units running
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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
Pro-Kurdish MPs to meet Erdogan after Ocalan talks
Lawmakers from the pro-Kurdish DEM party were to meet Turkish President Recep Tayyip Erdogan on Monday for talks described by...
Geostrategy
Company News
Cerberus buys HSBC France retail
Business
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Musk says will ‘open source’ Grok chatbot, a rival to ChatGPT
Tech investors are increasingly in split camps on the development of AI and how the technology should advance. Companies such...
Chinese leaders seek ways to boost economy in key event
Beijing, China - China's leaders on Monday wrapped up a week-long key conclave at which they admitted more was needed to...
Geostrategy
Gaza war rages on as Islamic holy month of Ramadan begins
As the Muslim world welcomed Ramadan with the customary daytime fast, many Gazans awoke to bombardment that saw residents once...
Geostrategy
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Geostrategy
Four space station crew members leave for Earth
WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...
- Led by American astronaut Jasmin Moghbeli, NASA's Crew-7 arrived at the research platform last August.
- NASA and SpaceX are targeting as soon as 5:35 am Tuesday (0935 GMT) for a splashdown off the Florida coast.
Geostrategy
TikTok dragged into US election as Trump opposes ban
Years of on-and-off attempts of banning the Chinese owned app have resurged in the United States with the introduction of...
- Trump's turnaround came as a surprise since he was a proponent of stripping TikTok away from Bytedance when he was president, before he was stopped by a US court.
- President Joe Biden has given his support to the bill, while also turning to Tiktok to address younger voters in video clips as part of his outreach to win a second term.
Geostrategy
China, Russia and Iran to launch joint navy drills in Gulf of Oman
Beijing, China - The navies of China, Russia and Iran are staging joint drills in the Gulf of Oman this week,...
- The military activities -- to be conducted from Monday through Friday -- are aimed at "jointly maintaining regional maritime security".
- "The practical part of the exercise will take place in the waters of the Gulf of Oman in the Arabian Sea," Russian news agencies said.