Mohamed bin Zayed Water Initiative, WEF sign water partnership
The Mohamed bin Zayed Water Initiative and the World Economic Forum have signed a partnership to accelerate water innovation and...
Business
Saudi Arabia’s East-West pipeline shutdown puts 4% of global oil supplies at risk
Oman, meanwhile, postpones meeting with Gulf states and Iran on possible Strait of Hormuz agreements, Foreign Minister Badr Albusaidi said,...
Geostrategy
Geostrategy
Doha negotiators agree hotline as Trump says US-Iran talks progressing
Technical negotiators focused on implementing the ceasefire framework, sanctions relief and Hormuz arrangements despite lingering regional security tensions.
- Iran and the United States agreed to establish a hotline for reporting ceasefire violations following technical implementation talks in Doha.
- Negotiators discussed sanctions relief, frozen assets and Hormuz arrangements while regional security risks continued despite diplomatic progress.
Geostrategy
Trump says Iran denuclearization ‘moving along well’ as Doha talks continue
Technical negotiations continue over shipping, sanctions and ceasefire implementation as mediators work to translate the June accord into practice.
- Iran warns it will respond immediately to any threat as Israeli rhetoric raises tensions despite ongoing diplomacy.
- Shipping and aviation authorities maintain heightened security measures around Hormuz amid concerns the ceasefire remains fragile.
Geostrategy
US, Iran continue indirect contact in Doha as officials trade barbs over talks
The envoys' presence follows US President Donald Trump's announcement on Monday that Iran had requested a meeting in the Qatari...
- South Korea's Oceans Ministry said the HMM-operated bulk carrier Namu, damaged in a May attack in the Strait of Hormuz, will exit the strait in late July.
- Democratic Representative Rashida Tlaib said she would support a bill to block roughly $3.3bn in military aid to Israel.
Geostrategy
Iran demands MoU implementation before US talks in Doha
Trump said US envoys were travelling to Qatar for what he described as a "perhaps important, perhaps not" meeting, adding...
- Strait of Hormuz dispute remains major obstacle as Tehran demands sanctions relief and asset releases before broader negotiations begin.
- Brent crude, the primary international benchmark, has dipped with investors eyeing potential US-Iran talks in Doha.
Business
GCC asset management reaches $2.7 trillion as retail growth outpaces institutions
Boston Consulting Group says regional asset managers must strengthen distribution capabilities and technology adoption as industry competition intensifies globally.
- Retail assets outpaced institutional growth, highlighting accelerating demand despite institutional investors continuing to dominate regional assets under management.
- BCG says distribution capabilities, AI adoption and technology investment will increasingly determine competitive advantage for regional asset managers.
Geostrategy
US and Iran agree to halt strikes, pursue technical talks: Official
AFP quoted an American official as saying that the technical talks are slated to continue on all areas of the...
- Hezbollah on Monday said it reserved the right to self-defence after several Israeli attacks on southern Lebanon despite a truce.
- Lebanese Parliament Speaker and Hezbollah ally Nabih Berri also said the trilateral framework would not pass.
Geostrategy
US and Iran trade strikes again, threatening fragile ceasefire
US Central Command said American fighter jets struck 10 Iranian military sites in and near the Strait of Hormuz, while...
- Iran warned continued US attacks would collapse the Strait of Hormuz agreement and halt ongoing diplomatic negotiations immediately.
- Netanyahu, meanwhile, said Lebanon's framework deal allows Israel to maintain a southern security zone until Hezbollah is fully disarmed permanently.
Geostrategy
Iran claims retaliation against US as Hezbollah protests Israel-Lebanon agreement
Tehran warned of broader retaliation if attacked again as Washington defended its military action, while unrest spread to Beirut after...
- Hezbollah supporters blocked Beirut roads and burned tyres protesting the US-backed Israel-Lebanon framework agreement announced in Washington.
- Hezbollah was not involved in the negotiations and has previously rejected calls for nationwide disarmament.
Geostrategy
IAEA prepares to inspect Iran nuclear sites as US, Gulf states back Tehran accord
In Israel, Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz said Israeli forces would remain indefinitely in what they...
- Wall Street Journal reported that the Pentagon is reviewing its military posture in the Middle East following recent Iranian strikes on U.S. facilities in the Gulf.
- U.S. Secretary of State Marco Rubio and Gulf Cooperation Council foreign ministers reaffirmed their backing for the U.S.-Iran agreement following a meeting on Thursday.
Geostrategy
Summer Davos: WEF urges scaling innovation into growth and jobs
Dubai, UAE -- Global political and business leaders called for faster adoption of emerging technologies and closer international cooperation to...
- More than 1,800 leaders from over 90 countries attended the World Economic Forum gathering in Dalian.
- Discussions centred on AI adoption, industrial transformation and translating innovation into measurable economic outcomes.
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Mohamed bin Zayed Water Initiative, WEF sign water partnership
The Mohamed bin Zayed Water Initiative and the World Economic Forum have signed a partnership to accelerate water innovation and...
Business
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Trump warns countries helping Iran of ‘tremendous economic consequences’
Tehran dismissed Washington’s latest pressure campaign as a diversion from US economic troubles as shipping through Hormuz remained severely restricted.
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Trump says no Iran talks as Israeli strikes on Syria draw condemnation
Iranian Foreign Minister Abbas Araghchi said Iran was seeking an end to the war and rejected the idea of a...
Geostrategy
UAE defense ministry says ‘missile threat towards country’ detected
The Ministry said if any sounds are heard, they are the result of air defense interceptions and "affirmed its full...
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Kushner to meet Netanyahu after Hamas talks as Hormuz shipping slows
The meeting comes two weeks after Hamas endorsed the latest stage of Trump's Gaza plan, which Netanyahu has refused to...
- Kushner urged Hamas to take concrete, verifiable steps, while the group reiterated commitment to the US-backed Gaza plan.
- Five commodity vessels crossed Hormuz Saturday, with none registered Sunday, compared with 31 crossings during the previous weekend.
Geostrategy
SpaceX launches two Falcon 9 rockets 38 minutes apart
SpaceX launched two Falcon 9 rockets from opposite US coasts just 38 minutes apart on Saturday, setting a new launch...
- Two Falcon 9 rockets launched from Florida and California, carrying Globalstar satellites and a classified US Space Force mission.
- Globalstar's eight satellites were successfully deployed, while the second rocket carried the classified USSF-366 mission.
Geostrategy
Israel bombs southern Lebanon again hours after killing 11 in deadly strikes
Meanwhile, Iran's foreign minister says Tehran has not decided whether to resume negotiations with Washington, accusing the United States of...
- Lebanese Prime Minister Nawaf Salam said those killed in Ansar were not military infrastructure or legitimate military targets.
- Hezbollah said the attacks would be "met with what they deserve".