Netanyahu says to visit New York despite Mamdani arrest threat in compliance with ICC warrant
Israeli Prime Minister Benjamin Netanyahu said Wednesday he still planned to visit New York despite incoming mayor Zohran Mamdani's threats...
Geostrategy
Global coal demand expected to hit record in 2025: IEA
In its annual report on the coal industry, the International Energy Agency said demand was on course to rise by...
Geostrategy
Business
Saudi Arabia unveils 45,000-seat multi-use stadium in Qiddiya City
RIYADH, SAUDI ARABIA - The Board of Directors of the Qiddiya Investment Company (QIC) announced on Monday the launch of...
- Upon opening, the stadium is anticipated to host some of Saudi Arabia’s biggest sports, entertainment, and cultural events.
- It aims to draw visitors from across the globe and revolutionize the traditional stadium experience with its immersive design.
World Economic Forum
IMF chief at Davos: AI holds risks, opportunity for global economy
Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity...
- "We must focus on helping low-income countries in particular to move faster to be able to catch the opportunities that artificial intelligence will present," Georgieva told AFP.
- Georgieva said 2024 is likely to be "a very tough year" for fiscal policy worldwide, as countries look to tackle debt burdens accumulated during the Covid-19 pandemic.
Geostrategy
Saudi Arabia, China ink MoU in accounting and auditing
RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of...
- The MoU is similar to other agreements that GCA has reached with counterpart organizations in different countries.
- These agreements underscore GCA's elevated professional standing, at both regional and international levels.
Record demand for Dubai luxury homes despite rising prices
Dubai, UAE - Dubai saw record-breaking sale prices throughout 2023, with super-luxury residences selling for up to US$4,000 (AED14,692) per...
- High-net-worth buyers have been flocking from continental European countries like the U.K., France, and Germany to relocate to Dubai
- In 2023, average residential prices in Dubai rose 16.9% in the first two quarters, according to CBRE’s UAE Real Estate Market Review
Geostrategy
World’s five richest men doubled their fortunes since 2020: Oxfam
A report from the charity, published as the global elite hobnob at the World Economic Forum in Davos this week,...
- Billionaires are today $3.3 trillion richer than they were in 2020, despite many crises devastating the world's economy since this decade began, including the Covid pandemic.
- With riches among the world's wealthiest increasing the way they are, Oxfam predicted that within a decade the world will see its first "trillionaire".
Geostrategy
Israeli forces kill five Palestinians in West Bank
Violence has surged in the West Bank since October 7, when the Palestinian armed group Hamas launched an attack in...
- Troops chased a car that had run a checkpoint near the city of Hebron and "fired toward the terrorists and neutralized them", the Israeli army
- Palestinian health ministry in Ramallah confirmed the men were killed, while the Palestinian Red Crescent Society said it had received their bodies
Geostrategy
Fresh Israeli bombardment across Gaza kills dozens
Gaza's health ministry said that more than 60 people were killed and dozens wounded in "intense" strikes and artillery fire...
- The latest strikes hit Khan Yunis and Rafah and areas around Gaza City
- The UN says fighting has displaced roughly 85% of the territory's population
Geostrategy
China says ‘firmly opposed’ to all official US-Taiwan exchanges
"China has always firmly opposed any form of official exchanges between the United States and Taiwan, and resolutely rebutted the...
- China regards democratic Taiwan as part of its territory and has vowed to one day bring it under its control, by force if necessary
- It does not keep diplomatic relations with countries that formally recognize Taiwan as an independent state
Geostrategy
US downs missile fired from Yemen at American warship
The Houthis have said they are acting in solidarity with the besieged Gaza Strip, where Hamas fighters have been battling...
- Houthi media said US and British strikes had hit rebel-held Hodeida
- According to CENTCOM, the Houthi missile was shot down by US fighter aircraft
Israeli footballer in Turkey arrested over message on Israel-Hamas war: media
Jehezkel, 28, and capped eight times by the Israeli national team, celebrated scoring a goal against Trabsonspor by gesturing to...
- Turkish justice minister said it was investigating Israeli player Sagiv Jehezkel over suspected "incitement to hate"
- His club, Antalyaspor said it had sacked the Israeli player, accusing him of having "acted against the values of our country"
Most Read
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
Netanyahu says to visit New York despite Mamdani arrest threat in compliance with ICC warrant
Israeli Prime Minister Benjamin Netanyahu said Wednesday he still planned to visit New York despite incoming mayor Zohran Mamdani's threats...
Geostrategy
Company News
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Iran says cooperation with UN nuclear watchdog will take ‘new form’
Iran has blamed the IAEA in part for the June attacks on its nuclear facilities, which Israel says it launched...
Geostrategy
UN says hundreds killed in recent weeks while seeking aid in Gaza
There are frequent reports of Israeli forces firing on people seeking aid, with Gaza's civil defence agency saying 10 Palestinians...
Geostrategy
Israel’s aid blockade leaves Gaza’s pregnant women hungry and at risk
Like most women at the Gaza City hospital where she attends her pregnancy check-ups, Fatima Arafa's face looks fatigued, a...
Geostrategy
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Geostrategy
Two months after ending struggle against Turkey, Kurdish PKK fighters to begin disarming at key ceremony
Founded in the late 1970s by Abdullah Ocalan, the PKK took up arms in 1984, beginning a string of bloody...
- The disarmament ceremony marks a turning point in the transition of the Kurdistan Workers' Party (PKK) from armed insurgency to democratic politics
- The disarmament ceremony marks a turning point in the transition of the Kurdistan Workers' Party (PKK) from armed insurgency to democratic politics
Geostrategy
Israel PM wants Hamas to give up arms for lasting end to war in Gaza
Netanyahu said the Islamist militants must first give up their weapons and their hold on the Palestinian territory, warning that...
- Netanyahu said the Islamist militants must first give up their weapons and their hold on Gaza, warning that failure to reach a deal would lead to further conflictonfl
- Sticking points include Hamas's demand for the free flow of aid into Gaza and Israel's military withdrawal from the territory, besides "real guarantees" on a lasting peace
Geostrategy
Rebooted and ‘vulnerable’: Superman is back on screens
Paris, France - A rebooted Superman is flying into cinemas around the world this week, with critics mostly positive about...
- Director and screenwriter James Gunn said he set out to make the benevolent world-saver "a little less powerful" in what is a tenth silver-screen version of the original
- Gunn's Superman, played by square-jawed David Corenswet in his biggest role to date, appears at times naive and awkward, and has to contend with criticism on social media