Sweeping UN sanctions return to hit Iran after nuclear talks fail
The sanctions, three months after Israel and the United States bombed Iran, bar dealings related to Tehran's nuclear and ballistic...
Geostrategy
Iran sanctions look set to return despite last-ditch China, Russia effort to secure a delay
China and Russia at a Security Council session on Friday put forward a draft resolution, seen by AFP, that would...
Geostrategy
Geostrategy
Egypt, Turkey appoint ambassadors after a decade
Egypt and Turkey said they had appointed ambassadors to each others' countries for the first time in a decade, in...
- Cairo and Ankara both issued statements announcing "the upgrading of diplomatic relations between them to the level of ambassadors".
- Relations were severed a decade ago when Sisi, then Egypt's defense minister, ousted the Islamist president Mohamed Morsi, an ally of Turkey.
Geostrategy
Urgent UN Human Rights Council session to discuss Quran burning
A Quran was burnt outside the Swedish capital's main mosque on Wednesday, triggering a diplomatic backlash across the Muslim world....
- The Geneva-based UN Human Rights Council, which is meeting in session until July 14, will change its agenda to stage an urgent debate, following a request from Pakistan.
- There are 47 members of the Human Rights Council. The UN's top rights body is currently in the second of its three regular sessions per year.
Economy
UN talks look to draw upon AI power and potential
The UN hopes to lay out a clear blueprint on the way forward for handling AI, as development of the...
- The summit wants to identify ways of using AI to advance the UN's lagging sustainable development goals
- This summit can help ensure that AI charts the course that benefits humanity, UN chief Antonio Guterres said
Geostrategy
Xi urges Shanghai alliance solidarity, Putin praises support
The Shanghai Cooperation Organization -- which on Tuesday welcomed Iran as its ninth member -- encompasses a vast stretch of...
- During the virtual meeting, Xi "called for efforts to safeguard regional peace and ensure common security", state news agency Xinhua said.
- Tehran's membership will support "collective security... expanding ties and communications (and) strengthening unity", Iranian President Ebrahim Raisi said.
Geostrategy
President Assad and Jordan’s foreign minister discuss refugees, drug smuggling
The focus of the discussion between the two was war refugees and a crackdown on cross-border smuggling, according to Jordan's...
- According to Jordan's foreign ministry, Assad and Safadi also discussed "humanitarian, security and political" steps towards a "comprehensive solution" to Syria's crisis
- The ministry also said that Safadi brought up in his discussion with Assad the need for heightened cooperation between the two countries in order to curb drug smuggling
Geostrategy
Israeli settler violence wreaks havoc on Palestinian economic growth and internal trade
Clothing stores, restaurants, tourism establishments and hotels are experiencing a sixty percent drop in business due to intensified violence, an...
- “The biggest impact is on internal trade,” says Rabeh Morrar, research director of MAS, the Palestine Economic Policy Research Institute in Ramallah
- The surge of settler attacks increases the challenges of an already weak and vulnerable economy that is already hit by Israeli strictures on movement
Business
RAKEZ inks MoU with ICFA to foster trade in food, agriculture
RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Chamber of Food and Agriculture (ICFA)...
- This alliance seeks to create opportunities for knowledge exchange, trade promotion, investment, and research and development collaboration.
- The agreement is set to facilitate promotional activities for trade, market access, and business matchmaking opportunities between UAE and India.
Geostrategy
Kuwait calls for border talks with Iran over gas field
KUWAIT CITY, KUWAIT - Kuwait reinvited Iran on Monday to talks on their sea borders after Tehran said it was ready...
- Iran and Kuwait have held unsuccessful talks for many years over their disputed maritime border area, which is rich in natural gas.
- Saudi Arabia is also a part of the dispute since it shares with Kuwait maritime gas and oil resources in the area.
Geostrategy
Climate change spells ‘truly terrifying’ future of hunger, suffering: UN
On current policy trends, the planet will be 2.8C warmer by the end of the century, according to the UN's...
- UN human rights chief Volker Turk told a debate on the right to food that extreme weather events were wiping out crops, herds and ecosystems.
- "Our environment is burning. It's melting. It's flooding. It's depleting. It's drying. It's dying," he said, evoking a "dystopian future".
Business
PIF, ADQ show highest improvement in GSWF sustainability rankings
PIF ranked seventh with a score of 92 (on the GSR score of 100), followed by Mubadala (88), among the...
- Global SWF said it observed a very significant increase in the overall score across funds from 59 percent in 2022 to 63 percent this year.
- PIF, Abu Dhabi’s Mubadala and ADQ, Qatar’s QIA, and Bahrain’s Mumtalakat have embraced the rating tool and taken the opportunity to improve practices.
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Sweeping UN sanctions return to hit Iran after nuclear talks fail
The sanctions, three months after Israel and the United States bombed Iran, bar dealings related to Tehran's nuclear and ballistic...
Geostrategy
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Israel orders negotiators to Doha after fifth hostage-captive swap completed under truce deal
Hamas official Bassem Naim warned that Israel’s "procrastination" in implementing the agreement could jeopardize the ceasefire, as negotiations began on...
Geostrategy
Israel to receive US-made bombs and Hellfire missiles worth $7.4 bn despite past curbs under Biden administration
The State Department has signed off on the sale of $6.75 billion in bombs, guidance kits and fuses, in addition...
Geostrategy
Trump condemned for ICC sanctions over Israel, US probes
The United Nations and the European Union also urged Trump on Friday to reverse the decision ordering asset freezes and...
Geostrategy
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Geostrategy
UAE, France discuss bilateral ties, sign AI cooperation deal
Paris, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan and French President Emmanuel Macron of France explored various...
- Both sides emphasized collaboration in AI, climate action, energy, and sustainable development initiatives
- They signed the UAE-France Framework for Cooperation in AI, including a 1GW AI Campus investment
Israel orders army to prepare Gaza exodus plan as Trump rules out US troop deployment in the territory
Israel's Defence Minister Israel Katz ordered the military to prepare a plan for voluntary" departures from Gaza, saying Palestinians could...
- Trump proposes U.S. control of Gaza but rules out deploying American troops
- UN warns forced displacement of Palestinians would amount to ‘ethnic cleansing
World Economic Forum
UNFPA and corporate partners drive reproductive justice in workplaces
Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...
- UNFPA emphasizes that corporate strategies can empower vulnerable communities, particularly women, by driving positive change in workplaces, Cutillo said
- UNFPA's presence in 150 countries allows us to work with women and implement these targeted initiatives effectively, she added.