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.
Business
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...
Geostrategy
Geostrategy
Netanyahu assures Biden, Iran counterstrike will only target military sites as war spreads to Lebanon and Gaza
US officials, citing Netanyahu’s pledge, reported relief in Washington as Israel’s counterstrike on Iran will not target oil or nuclear...
- Israel has vowed to counterattack after Iran fired ballistic missiles at the country on October 1, launched in response to Israel's killing of Tehran-aligned leaders in the region
- Biden has warned Israel against striking Iran's nuclear or oil facilities in order to avoid a further expansion of regional war and amid worries of a spike in global energy prices
Geostrategy
Israel strikes Lebanon after Netanyahu vows no mercy for Hezbollah
srael's military launched strikes Tuesday on eastern Lebanon, as Hezbollah fought Israeli soldiers after Prime Minister Benjamin Netanyahu vowed no...
- Statement comes a day after a drone attack by Hezbollah killed four Israeli soldiers
- The Unifil peacekeepers will stay in their positions despite suffering injuries
Geostrategy
Hezbollah drone strike kills four, wounds dozens at Israeli base, US sending more air-defences
Hezbollah announced late Sunday that it launched a "squadron of attack drones" at the Binyamina camp, 30 kilometers south of...
- The attack on a military training camp in Binyamina, near Haifa, is the deadliest such assault on an Israeli base since September 23, when Israel increased its attacks on Hezbollah
- Authorities in Gaza, meanwhile, said the death toll from an Israeli strike Sunday on a school being used as a shelter for displaced people had risen to 15, including whole families
Geostrategy
UN raises alarm over catastrophe amid ongoing Israeli strikes on Gaza, Lebanon
With Israel ramping up strikes on Lebanon and Gaza, the UN warns of a potentially catastrophic regional conflict, highlighting the...
- Israel has faced a fierce diplomatic backlash over the injuries suffered by five Blue Helmets serving in south Lebanon
- Lebanon's health ministry said Saturday that Israeli air strikes on three sites had killed at least 15 people, raising an earlier toll
Geostrategy
Blinken says US wants Lebanon solution, not ‘broader conflict’
"So Israel has a clear and very legitimate interest in doing that. The people of Lebanon want the same thing....
- Blinken again said that Israel, which has been carrying out deadly strikes on Lebanon, "has a right to defend itself" against Hezbollah
- "We continue to engage intensely to prevent broader conflict in the region," Blinken told reporters after an East Asia Summit in Laos
Geostrategy
European Mediterranean states to discuss Middle East, migration
Leaders from nine European countries around the Mediterranean Sea are set to meet in Cyprus on Friday October 11 to...
- Italy, Greece and Spain are the main arrival points in the EU for migrants displaced by war or fleeing poverty
- The EU has been one of the biggest funders of humanitarian projects in the Palestinian territories
Geostrategy
Erdogan says Gaza ‘shame of humanity’, calls for permanent ceasefire
Tirana, Albania - Turkey's President Recep Tayyip Erdogan renewed his attacks on Israel as he arrived in Tirana Thursday, the first...
- Repeating his claim that Israel's actions in Gaza constituted "genocide", he branded it the "shame of humanity", at a joint press conference with Albanian Prime Minister Edi Rama
- According to the Hamas-run territory's health ministry, 42,065 people have been killed in Gaza since the start of the war, with the UN saying the figures are reliable
Details: Fresh Israeli attacks kill more Lebanese as Europe flays Netanyahu over strike against UN
Israel attacks Lebanon killing dozens and injuring more than 100 people, while Joe Biden calls Netanyahu a "liar" and Amnesty...
- “That son of a b*tch, Bibi Netanyahu, he’s a bad guy. He’s a bad f**king guy!”: said US President Biden in private, according to a new book
- Amnesty International accuses Israel of "misleading" and inadequate calls for Lebanese residents to evacuate parts of the country
Geostrategy
US warns Israel not to repeat Gaza destruction in Lebanon
Netanyahu said in a video address addressed to the people of Lebanon on Tuesday: "You have an opportunity to save...
- In a phone call on Wednesday, US President Joe Biden told Netanyahu to " harm" to civilians in Lebanon, particularly in "densely populated areas of Beirut", the White House
- But Israeli armed forces chief Herzi Halevi vowed it would keep up the intensive bombing of Hezbollah targets that has already killed more than 1,200 people since September 23
Geostrategy
Saudi Crown Prince holds talks with Iranian foreign minister in Riyadh
Saudi Arabia and Iran hold discussions on bilateral and regional issues, especially on peace efforts in Lebanon and Gaza. Also,...
- "I hope that these consultations can lead to better conditions for Palestine and Lebanon and establish peace in the region"
- Hezbollah told the Lebanese authorities it accepted a ceasefire with Israel the day an Israeli strike killed its leader Hassan Nasrallah
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.
Business
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Geothermal, desalination: Top 10 solutions for planetary health
Dubai, UAE--Ten transformative technology solutions could change the way the world powers homes, grows food and secures freshwater, according to...
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Trump says ‘will disarm’ Hamas: ‘It will happen quickly and perhaps violently’
Trump's comments came the day after he swung through the Middle East to celebrate the Gaza ceasefire deal, with questions...
Geostrategy
WEF’s Dubai Summit tackles existential digital risks
DUBAI, UAE – A powerful confluence of more than 500 experts and 150 cybersecurity leaders has converged in Dubai for...
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Trump says may warn Putin Ukraine could get Tomahawks if Russia doesn’t end invasion
US President Donald Trump said Sunday he may warn Russian counterpart Vladimir Putin that Ukraine could get Tomahawk cruise missiles...
- Trump has been mulling potential supplies of the long-range missiles to Kyiv via European allies since his meeting with Putin in Alaska in August failed to produce a peace deal
- The US leader said Ukrainian President Volodymyr Zelensky had asked for Tomahawks when they were discussing a fresh supply of weapons for Kyiv in a call on Saturday
Geostrategy
As Trump heads to the region for peace summit, Hamas, Israel set for hostage and prisoner exchanges
Trump's lightning visit to Israel and Egypt aims to celebrate his role in brokering last week's ceasefire and hostage release...
- Trump's lightning visit to Israel and Egypt aims to celebrate his role in brokering last week's ceasefire and hostage release deal
- Speaking to reporters on Air Force One at the start of the "very special" visit, Trump brushed off concerns about whether the ceasefire would endure
Geostrategy
China accuses US of ‘double standards’ over new tariffs threat
Beijing, China -- China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional...
- China said on Friday that it would impose "special port fees" on ships operated by and built in the US, calling it a "defensive action."
- The US leader also threatened to pull out of a mooted meeting with Xi at the Asia-Pacific Economic Cooperation summit in South Korea.