Riyadh Emerges as Escape Hub for Super-Rich Fleeing UAE After Iran Strikes
With airspace across parts of the Middle East locked down and thousands of flights cancelled or delayed, King Khalid International...
Geostrategy
Middle East tensions rise as Iran eyes Chinese anti-ship missiles amid Trump warning
Negotiations between Tehran and Beijing began at least two years ago but gained momentum after a 12-day conflict between Israel...
Geostrategy
Geostrategy
Nvidia to invest up to $100 bn in OpenAI data centers
San Francisco, United States - Nvidia said Monday it will invest up to $100 billion in OpenAI, building infrastructure for...
- The strategic partnership aimed at deploying massive data center capacity unites generative AI star OpenAI with the leading maker of chips powering the technology
- "Compute infrastructure will be the basis for the economy of the future," OpenAI chief executive Sam Altman said in a joint release
Geostrategy
Israel says will not allow Gaza-bound aid flotilla to break its blockade
The Global Sumud Flotilla, also carrying prominent pro-Palestinian advocates including Swedish climate activist Greta Thunberg, set sail for Gaza earlier...
- Israeli foreign ministry said the vessels would be allowed to dock at Ashkelon from where the aid could be delivered to Gaza.
- Prior to its departure, the organizers of the flotilla said that two of its boats were targeted by drone attacks.
Geostrategy
IEA feels the heat as Washington pushes pro-oil agenda
Paris, France -- No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the...
- The United States, the world's biggest oil producer, is threatening to withdraw from the global energy authority unless internal changes are made.
- In recent years, the IEA has increasingly charted a decline in fossil fuels and a massive renewables boom.
Geostrategy
Who recognises the State of Palestine, who doesn’t, and why does it make a difference?
Here is an overview of diplomatic recognition of the state, which was unilaterally proclaimed by the Palestinian leadership in exile...
- Several other countries including France, Belgium, Luxembourg and Malta are expected to follow suit during a summit on the future of the two-state solution
- Russia, alongside all Arab countries, almost all African and Latin American countries, and most Asian countries including India and China are already on the list
Geostrategy
Embattled Turkey opposition re-elects leader at party congress
Turkey's main opposition CHP re-elected its leader Ozgur Ozel at an extraordinary congress Sunday as the party fights off a...
- The move comes as the Republican People's Party (CHP), seeks to shore up its leadership as opponents of President Recep Tayyip Erdogan have faced a series of lawsuits and arrests
- At Sunday's 22nd extraordinary congress in the capital Ankara, delegates overwhelmingly re-elected Ozel who won all 835 valid votes cast as another 82 were ruled invalid.
Geostrategy
Israel’s Netanyahu says peace with Lebanon and Syria possible
Prime Minister Benjamin Netanyahu said Sunday that Israel's war with Lebanese militant group Hezbollah had created the possibility for peace...
- Syria and Israel have technically been at war since 1948, but the two countries opened direct negotiations after the ouster of long-time ruler Bashar al-Assad
- In Lebanon, meanwhile, Israel has continued to strike Hezbollah targets despite a November ceasefire that sought to end more than a year of hostilities with the Iran-backed group
Geostrategy
India again refuse handshake with Pakistan in Asia Cup
Dubai, United Arab Emirates -- India skipper Suryakumar Yadav again refused to shake hands with Pakistan's Salman Agha as he...
- India angered Pakistan with a 'no handshake' stance in their previous meeting at the same venue in Dubai.
- It was the first cricketing clash between the rival nations since a four-day cross-border conflict in May left more than 70 people dead.
Geostrategy
UAE Council warns 98% of cyberattacks rely on social engineering
Abu Dhabi, UAE -- The UAE Cyber Security Council has cautioned that social engineering remains the most common tool used...
- The Council’s Cyber Pulse campaign is raising awareness about the risks of social engineering and urging the public to verify sources before sharing personal data.
- The council recommended monitoring official alerts and keeping up to date with cybersecurity guidance to remain protected.
Business
Dubai Integrated Economic Zones posts record $91 billion trade in 2024
Dubai, UAE – The Dubai Integrated Economic Zones Authority (DIEZ) recorded its highest-ever trade performance in 2024, with total trade...
- The Authority’s zones handled 444,300 tons of goods last year, with electronics and precious metals driving 94 percent of overall trade.
- Dubai’s overall non-oil trade also reached record levels in 2024, with DIEZ contributing its largest-ever share.
Geostrategy
Seismic shift: UK, Australia and Canada recognize Palestinian state
Portugal was also to recognize Palestinian statehood, as Israel came under huge international pressure over the war in Gaza where...
- A poll released by YouGov on Friday showed two-thirds of young Britons aged 18-25 supported Palestinian statehood.
- Deputy Prime Minister David Lammy acknowledged at the UN in July that "Britain bears a special burden of responsibility to support the two-state solution".
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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
Riyadh Emerges as Escape Hub for Super-Rich Fleeing UAE After Iran Strikes
With airspace across parts of the Middle East locked down and thousands of flights cancelled or delayed, King Khalid International...
Geostrategy
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Saudi-led coalition warns of intervention against Yemen separatists
The statements came a day after reported Saudi airstrikes on separatist positions in Yemen's Hadramawt province — and after Washington...
Geostrategy
Zelensky to meet Trump in Florida on Sunday for talks on how to end the Russian invasion
Ukrainian President Volodymyr Zelensky is to meet US President Donald Trump in Florida on Sunday for talks on how to...
Geostrategy
China’s high-speed rail network passes 50,000km mark
Beijing, China -- China's sprawling high-speed rail network passed 50,000 kilometers (31,000 miles) in total operating distance with the opening...
Geostrategy
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Geostrategy
14 countries condemn Israel’s expansion of West Bank settlements, say actions ‘violate international law’
Fourteen countries, including France, Britain, and Germany, condemned on Wednesday Israel's recent approval of new Jewish settlements in the occupied...
- In their statement, the countries stressed such unilateral actions "violate international law" and risk undermining the ceasefire in Gaza
- They also reaffirmed their "unwavering commitment to a comprehensive, just and lasting peace based on the two-state solution."
Geostrategy
Saudi Arabia urges Yemen separatists to cede seized territory
The Kingdom said the military movements in the governorates of (Hadramawt and Al-Mahra), recently conducted by the Southern Transitional Council,...
- "These movements resulted in an unjustified escalation that harmed the interests of the Yemeni people with all of its segments," it added.
- The 11-year war in Yemen has pitted the Iran-backed rebels against the internationally-recognized government, backed by a Saudi-led coalition that includes the UAE.
Geostrategy
Iran Guards seize foreign-crewed oil tanker in Gulf: state media
Iran's Revolutionary Guards on Wednesday seized an oil tanker in the Gulf carrying more than a dozen foreign crew members,...
- Iranian forces regularly announce the interception of ships it says are illegally transporting fuel in the Gulf
- They regularly target tankers that Tehran accuses of being part of the illicit trade in the Strait of Hormuz