OPEC+ looks set to further hike oil output
Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman...
Geostrategy
Israel says received bodies of two Gaza hostages from Red Cross
Not including the latest two, Hamas have so far given back the remains of 15 of the 28 deceased hostages...
Geostrategy
Geostrategy
US won’t hesitate to defend its troops in Middle East: Pentagon
Washington, United States - Over the last three weeks, Iran-backed militia groups have attacked US bases and facilities in Iraq...
- The department's commitment to Israel's right to defend itself from terrorism is "ironclad," and the department is working daily to help Israel do that, Stroul told lawmakers
- "We also placed over 2,000 personnel and a range of units on a heightened state of readiness, some of which [were] subsequently deployed," she said
Economy
Gaza unrest poses risk to oil markets, global growth
Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest...
- Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest report by Oxford Economics.
- The report predicts a quick rebound in equity markets post-conflict dip, while urging policymakers to ready economic safeguards and call for peace.
Geostrategy
Iran rejects G7 calls to stop supporting Hamas
Tehran, Iran - Iran on Thursday rejected a G7 statement which called on Tehran to stop supporting Hamas members and taking...
- The Iranian diplomat said Tehran has engaged in "non-stop efforts to stop military attacks of the Zionist aggressor regime (Israel) on the defenseless citizens" in Gaza.
- Iran does not recognize Israel and has made support for the Palestinian cause a centerpiece of its foreign policy since the 1979 Islamic Revolution.
Geostrategy
Saudi urges leniency in climate change policies for low income nations
Riyadh, Saudi Arabia - Saudi Arabia said on Thursday that policies to address climate change should not "crush the bones" of...
- Climate change is "relevant and important" but "should not be attended to by crushing the bones and the future of the less (powerful) people," Prince Abdulaziz said.
- Prince Abdulaziz said on Thursday that attempts to provide financial support to countries affected by climate change had so far delivered poor results.
Geostrategy
Israeli forces kill 10 Palestinians in West Bank
Ramallah, Palestinian Territories - Ten Palestinians were killed on Thursday during an Israeli raid on Jenin in the north of the...
- Palestinian health ministry said the current death toll in Jenin stood at 10, up from five announced in a previous statement.
- More than 150 have been killed in clashes with Israeli forces in the West Bank since the beginning of Gaza war.
Geostrategy
Israel to begin four-hour pause in Gaza, says US
Israel has agreed to daily four-hour military pauses in northern Gaza for humanitarian purposes, the White House said. President Joe...
- White House National Security Council spokesman John Kirby said the pauses were "significant steps forward".
- "Israel will begin to implement four-hour pauses in areas of northern Gaza each day, with an announcement to be made three hours beforehand," he said.
Geostrategy
Arab and Iranian leaders likely to attend Saudi’s dual event on Gaza
The emergency meetings of the Arab League and the Organization of Islamic Cooperation come after over one month of Israeli...
- Saudi analysts said the Arab League meeting Saturday would do well to go beyond statements condemning attacks on Gaza's civilians
- The meeting "will be a success if it leads to any framework to pressure Israel to stop the war. Otherwise it will not be a success," said an analyst
Geostrategy
GCC hails progress on implementation of unified tourist visa
Muscat -– In a significant stride towards enhanced regional cooperation, the Gulf Cooperation Council (GCC) has announced progress on the...
- GCC Secretary General announces progress on unified tourist visa at 40th Interior Ministers meeting.
- The initiative aims to enhance regional tourism and facilitate easier travel within the GCC.
Economy
France to host ‘humanitarian aid’ conference for Gaza
sraeli Prime Minister Benjamin Netanyahu has said there will be no fuel delivered to Gaza and no ceasefire with Hamas...
- Thursday's aid conference has been put together in a hurry on the sidelines of the annual Paris Peace Forum on November 10-11
- Few Arab nations are expected to send delegates, although the Palestinian Authority will send its prime minister and Egypt a ministerial delegation
Geostrategy
Sharjah looks to boost economic, investment ties with Uganda and Kenya
Sharjah, UAE-- In a groundbreaking move to strengthen ties with burgeoning markets in Africa, the Sharjah Exports Development Centre (SEDC)...
- In order to boost trade with Uganda and Kenya, the Sharjah Chamber of Commerce and Industry (SCCI) will dispatch a trade mission to the African countries
- The trade mission will explore ways to enhance development and foster stronger ties as part of the chamber's commitment to supporting the local business community
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OPEC+ looks set to further hike oil output
Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman...
Geostrategy
Company News
Latest News
Hey chatbot, is this true? AI ‘factchecks’ sow misinformation
Washington, United States -- As misinformation exploded during India's four-day conflict with Pakistan, social media users turned to an AI chatbot...
Geostrategy
US envoy says France can ‘carve’ Palestinian state out of Riviera
Jerusalem, Undefined - The US ambassador to Israel Mike Huckabee has lashed out at France's advocacy for recognition of a...
Geostrategy
Russia, Ukraine head to Istanbul for fresh peace talks
Russian and Ukrainian officials will meet Monday in Istanbul to exchange their plans for how to end the three-year war,...
Geostrategy
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Geostrategy
Egypt unveils plan for new desert city in latest megaproject
The new city, named Jirian meaning "Flow" in Arabic, is part of Egypt's Nile Delta scheme, a massive agricultural initiative...
- The project is the latest in a string of megaprojects launched by President Abdel Fattah al-Sisi in recent years, including a new administrative capital east of Cairo.
- The project will feature luxury residences, 80-storey skyscrapers, international universities and hospitals, an eco-friendly hotel and commercial zones.
Geostrategy
Saudi FM says blocking of West Bank delegation shows Israeli rejection of peace process
Ministers from Saudi Arabia, Egypt, Jordan and Bahrain, along with the Arab League chief, had planned a trip to the...
Geostrategy
Israeli gunfire kills 10, wounds over 100 near aid site in Gaza
"At least 10 Palestinians were killed and more than 100 others... were wounded due to gunfire from Israeli vehicles towards...
- The dead and wounded were transferred to Nasser Hospital in Khan Yunis, he said.
- Israel has come under increasing international criticism over the dire humanitarian situation in the Palestinian territory.