Norway’s wealth fund to enlist AI for managing climate risks
Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
Geostrategy
Saudi Crown Prince to meet Trump in Washington next month
Riyadh, Saudi Arabia -- Saudi Arabia's Crown Prince Mohammed bin Salman will meet US President Donald Trump during a three-day...
Geostrategy
Economy
UAE and US aim to speed up cooperation in clean energy, technology
Abu Dhabi, UAE-- The UAE and US have reviewed ways to accelerate cooperation in priority sectors such as clean energy,...
- The talks between the two countries coincide with a jump in non-oil trade between the two nations, which reached US$21.63 billion in the first half of 2023, a 37% rise
- Al Zeyoudi emphasized that the US, apart from being a UAE trade partner, remains a key ally in advancing socioeconomic progress through global economic cooperation
Geostrategy
Arab League denounces Israel siege of Gaza Strip
Demanding that aid be immediately allowed to go into the besieged enclave, Arab foreign minister condemned Israel's siege of Gaza...
- Arab League called for the dispatch of food, fuel and humanitarian aid to the impoverished enclave
- On Wednesday, the enclave's authority said the only power plant in Gaza had shut down due to lack of fuel
Geostrategy
Saudi prince, Iran president hold call on Israel-Hamas war
Analysts say the war has dealt a heavy blow to a possible landmark normalisation deal between Saudi Arabia, home to...
- Prince Mohammed told Raisi that Riyadh is "communicating with all international and regional parties to stop the ongoing escalation", SPA said
- Iranian state news agency IRNA also reported on the call, saying the two men discussed the "need to end war crimes against Palestine"
Geostrategy
Reports of Hamas murdering 40 babies unconfirmed: Israel
Reports about "40 babies murdered" have been reposted massively on social media sites since Tuesday, and used to condemn Hamas's...
- Reports about "40 babies murdered" by Hamas have been reposted massively on social media sites since Tuesday and used to condemn Hamas attack.
- But asked about the number of babies killed, an Israeli official said, "We cannot confirm any number at this stage."
Geostrategy
Netanyahu announces wartime ’emergency government’ with Gantz
The three-member "war cabinet" would include Netanyahu, Gantz and Defence Minister Yoav Gallant, according to the statement. It said Gadi...
- Opposition leader Yair Lapid has not joined his former ally Gantz, but the statement said a seat would be "reserved" for him in the war cabinet.
- Israel's firebrand National Security Minister Itamar Ben-Gvir said on X, formerly Twitter, that he "welcomes the unity, now we must win".
Geostrategy
Israel fires artillery after munitions launched from Syria
"Soldiers are responding with artillery and mortar shells toward the origin of the launching in Syria," an Israeli military statement...
- This was the first exchange of fire between Israel and Syria since Hamas carried out an unprecedented assault on Israeli territory from the blockaded Gaza Strip on Saturday
- According to the Syrian Observatory for Human Rights, the shells were fired by "Palestinian factions working with the Lebanese Hezbollah"
Geostrategy
More than 260,000 people displaced in Gaza: UN
Fierce fighting has left thousands dead on both sides since Hamas launched a surprise assault on Saturday, spurring Israel's reprisal...
- The bombing campaign has destroyed more than 1,000 housing units, and 560 have been rendered uninhabitable
- Nearly 175,500 people sought shelter in 88 schools run by the UN agency supporting Palestinian refugees
Geostrategy
Hamas strike stuns, yet it’s important to remember backstory
Since 2008, Israel has conducted four major military operations in Gaza, resulting in significant casualties and widespread destruction.
- Since 2008, Israel has conducted four major military operations in Gaza, resulting in significant casualties and widespread destruction
- The 2008 assault raised international alarm as Israel was accused of using internationally banned weaponry, including phosphorus gas
Geostrategy
‘Spirit of resistance’: Arab support for Palestinians swells
Beirut, Lebanon -- In mosques, football stadiums and towns across the Arab world, pro-Palestinian sentiment has surged after a shock...
- From Ramallah to Beirut, Damascus, Baghdad and Cairo, people have distributed sweets, danced and chanted prayers in support of the "resistance" to Israel's long-standing occupation
- In the Tunisian capital, schools raised Palestinian flags and a coalition of organizations and political parties have called for massive solidarity rallies.
Economy
World economy resilient, says IMF; keeps growth forecast unchanged
The IMF kept its 2023 global growth forecast unchanged but warned that the economy is "limping along" as inflation remains...
- Inflation, which has fallen sharply since last year, is predicted to remain elevated at 6.9 percent this year.
- Central banks across the globe have raised interest rates sharply in efforts to contain inflation.
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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
Norway’s wealth fund to enlist AI for managing climate risks
Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
Geostrategy
Company News
Latest News
Pakistan says India has brought neighbours ‘closer to major conflict’
Pakistan charged India Friday with bringing the nuclear-armed neighbours "closer to a major conflict", as the death toll from three...
Geostrategy
Iran top diplomat to visit Saudi, Qatar before Trump tour
Iranian Foreign Minister Abbas Araghchi will visit Saudi Arabia and Qatar on Saturday, his ministry said, days before US President...
Geostrategy
Kurdish PKK says held ‘successful’ meeting on disbanding
The outlawed Kurdistan Workers' Party (PKK) held a "successful" meeting this week with a view to disarming and disbanding, a...
Geostrategy
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Geostrategy
First responders in Gaza say running out of supplies
Gaza City, Palestinian Territories - First responders in Gaza said Thursday that their operations were at a near standstill, more...
- Over 20 independent experts mandated by the UN's Human Rights Council demanded action on Wednesday to avert the "annihilation" of Palestinians in Gaza
- The UN's agency for children, UNICEF, warned that Gaza's children face "a growing risk of starvation, illness and death" after UN-supported kitchens shut down
Geostrategy
Pakistan and India accuse each other of waves of drone attacks
India and Pakistan accused each other Thursday of carrying out waves of drone attacks, as deadly confrontations between the nuclear-armed...
- India launched missiles on Wednesday it said targeted "terrorist camps", and Pakistan retaliated with a barrage of artillery strikes, with at least 48 deaths reported on both sides
- The South Asian neighbours have fought multiple wars over Kashmir since they were carved out of the sub-continent at the end of British rule in 1947
Geostrategy
Israel threatens to do to Iran what it has done to Hamas
Israel will do to Iran what it has done to Hamas in Gaza, Defence Minister Israel Katz warned Thursday, days...
- Along with Hezbollah and Hamas, Yemen's Huthi rebels are part of Iran's "axis of resistance" against Israel and its ally the United States
- Hezbollah began launching attacks in October 2023 in support of its ally Hamas following its unprecedented attack on southern Israel