Trump demands Hamas agree to deal by Sunday or face ‘all hell’
"If this LAST CHANCE agreement is not reached, all HELL, like no one has ever seen before, will break out...
Geostrategy
Israel to deport aid flotilla activists, draws widespread condemnation
Turkey called the interception "an act of terrorism," and on Thursday said it had opened an investigation after Israeli forces...
Geostrategy
Geostrategy
Iraq says in touch with US over settling $10bn debt it owes Iran for gas imports
On July 11, Prime Minister Mohammed Shia al-Sudani announced that Iraq would start paying for Iranian gas with oil, as...
- Iranian gas is crucial for Iraq's electricity generation, but US sanctions on Iranian oil and gas impose restrictions on how Baghdad can pay for its imports
- Iraq cannot directly hand over cash to Iran, but payments must be held in a bank account and be used by Tehran to fund imports of food and medicines
Geostrategy
Donald Trump indicted for trying to overturn 2020 US election
The former US president now faces the most serious legal threat yet as he campaigns to return to the White...
- The indictment charges Trump with conspiracy to defraud the US and conspiracy to obstruct an official proceeding
- Reacting to the indictment, Trump's campaign compared his prosecution to "Nazi Germany in the 1930s"
Business
Brazilian-Saudi Investment Forum witnesses inking of 25 MoUs
SAO PAULO, BRAZIL - The Ministry of Investment organized here the Brazilian-Saudi Investment Forum, which saw the signing of many...
- The 25 MoUs covered petrochemicals, healthcare, defense, food, real estate, tourism, water desalination and treatment, and agriculture.
- The new library will act as a central hub to connect the university’s 28 sub-libraries and will contribute towards enhancing its educational capabilities.
Geostrategy
UAE vows to allow ‘peaceful’ assembly of climate activists at COP28
The UAE, set to host COP28 from November to December in the business hub of Dubai, requires official permission for protests...
- The announcement was made in a joint statement with the United Nations Framework Convention on Climate Change (UNFCCC).
- The statement was released after COP28 president Sultan al-Jaber and UNFCCC chief Simon Stiell signed a pact in Abu Dhabi that provides the legal basis for organizing the event.
Geostrategy
Saudi Arabia funds construction of library in Bosnia and Herzegovina
SARAJEVO, BOSNIA AND HERZEGOVINA - Saudi Fund for Development (SFD) Board of Directors Chairman Ahmed Al-Khateeb, laid the foundation stone...
- The funding for construction and equipping of the library has been through a US$22 million grant provided by the Saudi Fund for Development.
- The new library will act as a central hub to connect the university’s 28 sub-libraries and will contribute towards enhancing its educational capabilities.
Geostrategy
UAE launches National Program for Infrastructure Development – Salamah 365
DUBAI, UAE – UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei launched the National Program for Infrastructure...
- Salamah 365 aims to enhance public safety by leveraging innovative solutions and interactive warning systems to rectify identified accident blackspots.
- It also aims to implement a locally tailored model of pedestrian crossings, predict floods before they happen by monitoring dams and valleys.
Business
Oil majors still profitable even if 2022 super profits gone
From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in...
- Before it, the US giant ExxonMobil saw its second-quarter profits tumble 56 percent to $7.9 billion, while rival Chevron saw a similar fall to $6 billion.
- Shell saw a 64 percent drop in net earnings to $3.1 billion, while TotalEnergies fared better with just a 28 percent slide to $4.1 billion.
Geostrategy
Saudi Arabia approves $1.2 bn grant to boost Yemen’s flagging economy
Yemen's finance minister and central bank governor as well as the Saudi ambassador were expected to disclose details of the...
- Fighting has dropped off sharply since a UN-brokered truce took effect in April last year, even though it lapsed in October.
- However more than two-thirds of Yemenis depend on aid to survive amid a grinding economic crisis marked by a collapsed currency and import bans.
US delegation presses Taliban at Doha meeting on women’s rights
The closed-door meeting was one of the highest-level known gatherings of US and Afghan government officials in months, with the...
- The American delegation also expressed "deep concern" regarding the humanitarian crisis and the need to continue supporting aid organizations delivering assistance
- During the meeting Kabul "emphasized once again that to build trust, it is important to remove blacklists and release the bank reserves so Afghans can develop their economy
Geostrategy
Migrants suffer between life and death in Tunisia-Libya desert
In the midday heat, a Libyan patrol near the border with Tunisia comes across a black African man collapsed on...
- By the time they reach Libya, the migrants from sub-Saharan Africa are ready to drop from exhaustion, in temperatures above 40 degrees Celsius.
- Libyan border guards said that, over the past two weeks, they have rescued hundreds of migrants who said they were left by Tunisian authorities.
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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
Trump demands Hamas agree to deal by Sunday or face ‘all hell’
"If this LAST CHANCE agreement is not reached, all HELL, like no one has ever seen before, will break out...
Geostrategy
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Trump, Putin to discuss Ukraine ceasefire this week
US President Donald Trump and Russian counterpart Vladimir Putin are expected to speak this week, officials said on Sunday, as...
Geostrategy
Putin tells Ukraine troops in Russian region to ‘surrender’, amid efforts for a ceasefire
Russia has mounted a rapid counteroffensive in the western border region of Kursk over the past week, recapturing much of...
Geostrategy
Hamas says ready to free Israeli-US hostage, remains of 4 others
During the initial six-week phase of the ceasefire, Hamas released 33 hostages, including eight who were deceased, in exchange for...
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Geostrategy
Iran says response to Trump’s letter under ‘assessment’
Iran will conduct a "thorough assessment" before responding to US President Donald Trump's letter urging nuclear talks and warning of...
- The letter - which Trump said was addressed to Iran's supreme leader Ayatollah Ali Khamenei - was delivered to Tehran by the UAE
- It was not immediately clear if Khamenei, who has the final say in matters of state, had personally received the letter
Geostrategy
Egypt, Jordan, Hamas, PLO hail Trump remarks on not ‘expelling’ Palestinians from Gaza
It was not immediately clear whether Trump's comments signalled further backtracking from his widely criticised proposal to take over the...
- Arab states have already offered a plan to rebuild the Gaza Strip under the future administration of the Palestinian Authority
- Arab foreign ministers met in Qatar on Wednesday with US Middle East envoy Steve Witkoff to discuss reconstruction for Gaza
Geostrategy
How do GCC-Arab leaders look at the region’s future?
The bigger your vision, the bigger your achievement will be. Will you stumble on the way? Perhaps, but we cannot...
- Together we will continue building a better country, fulfilling our dream of prosperity, says Saudi Crown Prince Mohammed bin Salman.
- It is vital that the next generation looks for careers in the industries of the future, so is developing the capabilities and opportunities of our youth, says Sarah Al-Amiri