Israel to invest $110 billion over the next decade to develop its own independent arms industry
Prime Minister Benjamin Netanyahu said Wednesday that Israel would invest $110 billion over the next decade to develop its own...
Geostrategy
Israel’s security cabinet approves 19 new settlements in West Bank, a move to scuttle ‘a Palestinian state’
The decision brings the total number of settlements approved over the past three years to 69, according to a statement...
Geostrategy
Geostrategy
Gaza bombing continues amid fears of wider regional conflict
Israel's relentless military offensive has since killed at least 26,422 people in Gaza, most of them women and children, according...
- 140 Palestinians were killed by Israeli bombing overnight, including 20 members of one family, said the health ministry in the Palestinian territory.
- In the latest efforts to broker a new ceasefire, CIA chief William Burns met top Israeli, Egyptian and Qatari officials in Paris on Sunday, but no breakthrough was reported.
Geostrategy
Pakistan and Iran vow to restore ties after cross-border strikes
Tehran carried out strikes against an anti-Iran group in Pakistan on January 16, the same week the nation's military targeted...
- During Pakistan visit, Iranian foreign minister said the hostilities could not be described as a "crisis" because relations had always been strong
- Pakistan Foreign Minister Jalil Abbas Jilani told the same briefing that both sides had agreed to strengthen dialogue at all levels
Business
DAE, Turkish Airlines ink pact
Turkish Airlines will take on lease 10 Boeing 737-8 aircraft.
- The aircraft are scheduled to be delivered in 2025.
- DAE owns and manages 96 737 MAX family aircraft.
Geostrategy
Iran denies links to Jordan drone strike that killed 3 US troops
US President Joe Biden said on Sunday that "radical Iran-backed fighters groups operating in Syria and Iraq" were behind the...
- US Central Command said 34 personnel were also wounded, eight of whom required evacuation
- The strike marked the first US military losses since the war between Israel and Hamas began
Geostrategy
Iran puts to death men convicted of spying for Israel
The four defendants, identified as Mohammad Faramarzi, Mohsen Mazloum, Wafa Azarbar, Pejman Fatehi, were arrested in July 2022 and accused...
- The men had been recruited by Mossad "about a year and a half before the operation"
- They were sent to African countries for "training courses in the military centres"
Israeli ministers join thousands at rally for Gaza settlement
The firebrand politician Itamar Ben-Gvir said Israel should "encourage voluntary emigration" of Palestinians from Gaza, echoing past remarks that drew...
- Sunday's rally aimed at pressuring the government to "return to the Gaza Strip and establish communities right away", said settler leader Daniella Weiss
- The Israeli military campaign, according to the Gaza health ministry, has killed at least 26,422 people, most of them women and children
Geostrategy
Houthi rebels open seized cargo ship to sightseers
For about a dollar per trip, male-only groups of visitors can board wooden boats five times a week to the...
- On board the ship, some visitors performed a traditional dance featuring the daggers that many Yemenis carry tucked into their belts, accompanied by chants glorifying the Houthis
- A Yemeni visitor Hamada al-Baydani, said he had travelled 400 kilometers (250 miles) from Al-Bayda, to see the seized ship, which he labelled "a source of pride for Yemenis
Geostrategy
US vows to respond after troops killed in Jordan
US President Joe Biden held Iran-backed fighters responsible for the killing of US troops and vowed to hold the perpetrators...
- In South Carolina, the president held a moment of silence for the slain troops
- CENTCOM said that the attack had hit a logistics support base in northeast Jordan
Geostrategy
Oil rises on fresh Middle East fears after attack on US base
"The news of three US troops being killed by a drone attack, and President Biden saying 'we shall respond', will...
- The attack - which came two days after Yemen's Huthi rebels struck a vessel in the Red Sea - ramped up tensions in the region
- Both main crude contracts rose more than one percent in early trade - hitting levels not seen since November - before paring the gains slightly
Business
Dubai RTA awards US$95m contract to upgrade ticketing system
DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has awarded a contract to upgrade the existing nol (card-based ticketing...
- The aim is upgrade the existing card-based ticketing system to an account based ticketing system, aligning with the top global practices.
- It seeks to develop a flexible and 100 percent scalable digital infrastructure, ensuring 100 percent fintech integration in mobility solutions.
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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
Israel to invest $110 billion over the next decade to develop its own independent arms industry
Prime Minister Benjamin Netanyahu said Wednesday that Israel would invest $110 billion over the next decade to develop its own...
Geostrategy
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91% of new renewable projects now cheaper than fossil fuels alternatives
Abu Dhabi, UAE -- Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation...
Geostrategy
Humans beat AI gold-level score at top maths contest
Sydney, Australia -- Humans beat generative AI models made by Google and OpenAI at a top international mathematics competition, despite...
Geostrategy
Gaza hospital says 21 children dead from malnutrition and starvation
Gaza's population of more than two million people is facing severe shortages of food and other essentials, with residents frequently...
Geostrategy
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Geostrategy
US President Trump ‘caught off guard’ by Israeli strikes in Syria
US President Donald Trump was "caught off guard" by Israeli strikes in Syria last week, White House spokeswoman Karoline Leavitt...
- Israel had launched strikes on the the southern Druze-majority city of Sweida, saying it aimed to put pressure on the Syrian government to withdraw its troops from the region
- Trump "was caught off guard by the bombing in Syria and also the bombing of a Catholic church in Gaza," Leavitt told reporters at a press briefing
Geostrategy
Iran says will not halt nuclear enrichment ahead of European talks
Iran is scheduled to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran...
- Iran is due to meet Britain, France and Germany in Istanbul on Friday, to discuss its nuclear programme, with Tehran accusing European powers of scuppering the 2015 nuclear deal
- The meeting will be the first since Iran's 12-day war with Israel last month, during which the United States carried out strikes against Tehran's nuclear facilities
Geostrategy
Russia publishes rare footage of largest drone factory
Moscow, Russia -- Russia has showcased what it calls the biggest drone factory in the world, broadcasting rare footage from...
- The plant is near the town of Yelabuga in the central Russian region of Tatarstan, located in what was initially planned to be a special economic zone to boost science and business
- More than 1,000 kilometers (620 miles) from the Ukrainian border, it has now become a target for Kyiv's own long-range attacks.