Trial opens in Klarna’s $8.3 billion lawsuit against Google
Stockholm, Sweden -- A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner,...
Geostrategy
Protesters out in force for anti-Trump ‘No Kings’ rallies across US
Organizers said seven million people attended protests spanning New York to Los Angeles, with demonstrations popping up in small cities...
Geostrategy
Geostrategy
IMF approves $1.3bn for Morocco to help transition to a greener economy
WASHINGTON, US - The International Monetary Fund (IMF) Executive Board approved a Resilience and Sustainability Facility (RSF) for Morocco of...
- The arrangement will help Morocco strengthen its preparedness and resilience against natural disasters, including from climate change.
- The 18-months arrangement, "Will help Morocco address climate vulnerabilities, bolster its resilience against climate change,” the IMF said.
Geostrategy
The many ways US government shutdown affects people
WASHINGTON, US - The United States is heading toward a government shutdown this weekend with no foreseeable way out of a...
- Sharp disagreements in the Republican Party has prevented passage of the bills needed to keep the government funded and open.
- The credit ratings agency Moody's warned this week that a shutdown would be "credit negative" for US sovereign debt.
Geostrategy
Iran proposes to Saudi Arabia to set up working group for visa cancellation
Riyadh, Saudi Arabia--Iran has proposed to Saudi Arabia to set up a working group to look into the idea of...
- The idea of visa cancellation was put forward by Iranian deputy tourism minister while visiting Saudi Arabia
- Iran and Saudi Arabia in March agreed to a Chinese-brokered deal to revive relations after years of hostility
Geostrategy
Israel, Saudi moving towards ‘framework’ for deal: US
According to National Security Council spokesman John Kirby, a basic framework has been hammered out by all sides that could...
- The kingdom's Crown Prince Mohammed bin Salman recently said that the two sides were getting closer to a deal
- Saudi Arabia has been seeking security guarantees, including reportedly a treaty, with the United States in return
Geostrategy
BRICS group poised to shape global economy’s future
“This potential is further amplified by its vast human resources, and cutting-edge technological and industrial capabilities,” he adds, emphasizing that...
- BRICS, representing one-third of the world's total GDP, has immense potential to tackle global challenges like climate change and energy security
- The UAE prioritizes diplomatic efforts for regional and global stability, with initiatives such as the Abraham Accords and Human Fraternity Document
Geostrategy
US to auction three new oil and gas leases in the Gulf of Mexico
WASHINGTON, US - President Joe Biden's administration on Friday announced it would auction three new oil and gas leases in the...
- The move triggered a furious reaction from environmental groups who said the move would accelerate climate change.
- The action was denounced by advocates of the fossil fuel industry as it reduced the number of lease sales planned by previous US administration.
Geostrategy
1bn tons of food wasted every year while 783m people face hunger: FAO
Rome, Italy - The UN Food and Agriculture Organization (FAO) and the UN Environment Program (UNEP) said one billion tons...
- The agencies said that stopping food loss and waste boosts food security, saves resources and helps reduce our carbon footprint.
- Both the bodies called for urgent action from the public and private sector as well as consumers to save and preserve food
Geostrategy
India space chief unfazed by Moon mission’s apparent end
New Delhi, India - As hopes dim of further contact with India's Moon rover, the country's space chief has said he...
- Rover Pragyan -- "Wisdom" in Sanskrit -- surveyed the vicinity of the Moon's south pole but was powered down before the start of lunar night
- "It is OK if it does not wake up because the rover has done what it was expected to do," ISRO chief S. Somanath told reporters late Wednesday
Geostrategy
Four more officials held after Libya flood disaster
Benghazi, Libya - Libya's prosecutor general has ordered the arrest of four more officials, bringing to 12 the number held as...
- The four additional suspects, including two members of the Derna municipal council, were arrested for suspected mismanagement
- Flooding caused by hurricane-strength Storm Daniel tore through eastern Libya on September 10, leaving at least 3,893 people dead
Geostrategy
Women play ‘prominent’ role as hundreds protest in Syria
Peaceful protests have swept Sweida province, the heartland of the country's Druze minority, since President Bashar al-Assad's government ended fuel...
- An activist and a witness told AFP that between 2,000 and 2,500 people took part in Friday's protests, some chanting anti-government slogans and waving Druze flags.
- Protests against deteriorating economic conditions have erupted sporadically in the province in recent years.
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
Trial opens in Klarna’s $8.3 billion lawsuit against Google
Stockholm, Sweden -- A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner,...
Geostrategy
Company News
Latest News
Israel says intercepts missile fired from Yemen
The Israeli military said Friday it intercepted a missile fired from Yemen, where Huthi rebels recently claimed responsibility for a...
Geostrategy
Israel strikes near Damascus presidential palace over Druze violence that kills over 100 people
Israel has since then attacked hundreds of Syrian military sites and on Friday announced its "fighter jets struck adjacent to...
Geostrategy
How much blood is enough to satisfy ‘political objectives’: WHO on Gaza
"We are breaking the bodies and the minds of the children of Gaza. We are starving the children of Gaza,...
Geostrategy
Most Read
Geostrategy
UAE to lift three-year Lebanon travel ban: statement
Dubai, United Arab Emirates -- The United Arab Emirates will lift a ban on its citizens travelling to Lebanon that...
- The decision was announced a day after Lebanese President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi.
- In 2021, the UAE imposed a travel ban on its citizens and withdrew diplomats from Beirut in solidarity with Riyadh after a Lebanese minister criticized Saudi intervention in Yemen.
Geostrategy
Two-State solution nearing point of no return: UN chief
He renewed calls for an immediate and lasting ceasefire, the unconditional release of all hostages, and full humanitarian access. He...
- Guterres expressed deep concern over the worsening crisis in Gaza, where nearly 2,000 Palestinians have been killed since the ceasefire collapsed in March
- He renewed calls for an immediate and lasting ceasefire, the unconditional release of all hostages, and full humanitarian access
Geostrategy
US imposes sanctions to curb Iran oil despite talks
The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite...
- The United States said it was targeting five trading companies -- four based in the United Arab Emirates and one in Turkey
- The move comes just after Iran announced a fourth round of talks with President Donald Trump's administration to take place Saturday in Rome