Adani, Abu Dhabi’s IRH to invest $11.5bn in Odisha aluminum project
Dubai, UAE -- Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, have agreed to establish...
Business
US, Iran continue indirect contact in Doha as officials trade barbs over talks
The envoys' presence follows US President Donald Trump's announcement on Monday that Iran had requested a meeting in the Qatari...
Geostrategy
Geostrategy
EU lawmakers back push for action against Israel over Gaza
The EU chief said Wednesday in her keynote annual address to the European Parliament that she would propose those steps...
- The European Parliament said it had voted a non-binding resolution that "endorses the Commission president's decision to suspend EU bilateral support to Israel.
- It said it also "calls for sanctions" on Israeli Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben Gvir.
Geostrategy
UK’s Starmer hosts Israeli president for tense visit
UK Prime Minister Keir Starmer hosted Israeli President Isaac Herzog for a contentious meeting Wednesday, with the visiting head of...
- Herzog's visit comes after Starmer's government has in recent months toughened its criticism of how Israel is waging its war in Gaza, triggering pushback from Israeli leaders
- The pair shook hands in front of photographers and TV cameras in Downing Street, with few smiles on display, as the meeting got underway Wednesday afternoon
Geostrategy
Russian drones in Poland put NATO to the test
The intrusion of Russian drones into Poland -- whether deliberate, as Ukraine's European allies contend, or accidental -- is a...
- The overflights came as Russia unleashed a barrage of strikes across Ukraine overnight, including in the western city of Lviv, around 50 miles (80 kilometres) from Polish border
- Poland's airspace was violated 19 times, Prime Minister Donald Tusk said Wednesday, and at least three drones were shot down after Warsaw and its allies scrambled jets
Geostrategy
Israeli strikes shake quiet Qatar, strain US ties
It also cast serious doubt on Qatar-mediated Gaza ceasefire talks and undermined security reassurances to the Gulf from key ally...
- The attacks, which killed six people, occurred while Hamas officials were meeting to discuss a new U.S.-backed ceasefire proposal for Gaza.
- Despite hosting a major U.S. airbase, Qatar's security assurances were breached, leading Gulf nations to question the reliability of Washington's protection.
Geostrategy
Europe hyperloop test hits new speed record in Dutch trial
The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic...
- Hardt Hyperloop said its vehicle had reached 85 kph at the 420 meter European Hyperloop Center test track in the Netherlands and had carried out a complex lane switching test.
- It said the lane switching maneuver -- essential for networked routes -- showed there were no technical barriers to operating at aircraft-like speeds.
Geostrategy
Iran, IAEA sign cooperation framework in Cairo after suspension following Israeli strikes on nuclear sites
The agreement was signed in Cairo by Iranian Foreign Minister Abbas Araghchi and International Atomic Energy Agency chief Rafael Grossi,...
- The agreement was signed in Cairo by Iranian Foreign Minister Abbas Araghchi and International Atomic Energy Agency chief Rafael Grossi
- It was Iran's first high-level meeting with the IAEA since it suspended cooperation with the agency following the 12-day war with Israel
Geostrategy
Qatar says reserves right to respond to Israeli attack, even as Trump delivers rare reproach of Israel
Doha, a key US ally that hosts the largest American base in the region, has hosted Hamas' political bureau since...
- Six people died, including top Hamas negotiator Khalil al-Hayya's son and a Qatari security officer, in an unprecedented airstrike that threatened to derail mediation efforts
- Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said Qatar reserved "the right to respond to this blatant attack", calling the strike a "pivotal moment" for the region
Geostrategy
Israel forum says concerned for Gaza hostages after Doha strikes
The main Israeli group campaigning for the release of hostages held in Gaza expressed "deep concern" following an Israeli attack...
- "The chance of bringing them back now faces greater uncertainty than ever before, with one thing of absolute certainty -- their time is running out," the statement said.
- Hamas and Israel have held multiple rounds of indirect ceasefire negotiations brokered by Qatar, Egypt and the United States throughout the nearly two-year Gaza war
Geostrategy
Israel strikes Hamas officials in Qatar, the first of its kind on Qatari territory
Qatar, which has been a key mediator in efforts to broker a truce in Gaza, said Israeli strikes targeted the...
- Qatar, which has been a key mediator in efforts to broker a truce in Gaza, said Israeli strikes targeted the homes of several members of Hamas's political bureau
- Israeli Prime Minister Benjamin Netanyahu said he ordered the strikes in response to a Monday shooting in Jerusalem that killed six people and was later claimed by Hamas
Geostrategy
Ethiopia inaugurates Africa’s biggest dam, drawing Egyptian protest
Guba, Ethiopia -- Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday in what Prime Minister Abiy Ahmed called a...
- Towering 170 meters (550 feet) and stretching nearly two kilometers (1.2 miles) across the Blue Nile near the Sudanese border, construction on the dam began in 2011.
- The $4-billion megastructure is designed to hold 74 billion cubic meters of water and generate 5,150 megawatts of electricity -- more than double Ethiopia's current capacity.
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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
Adani, Abu Dhabi’s IRH to invest $11.5bn in Odisha aluminum project
Dubai, UAE -- Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, have agreed to establish...
Business
Company News
Latest News
Arab Parliament, Muslim nations slam Huckabee’s Middle East remarks
Mohammed bin Ahmed Al Yamahi, Speaker of the Arab Parliament, stressed that any talk of control over the occupied Palestinian...
Geostrategy
No option but to continue resistance, says Hezbollah after deadly Israeli strikes
Mahmud Qamati, a Hezbollah official, described the strike in the Bekaa Valley as “a new massacre and a new aggression”...
Geostrategy
US–Iran tensions escalate toward war as Gulf military buildup and Israeli preparations intensify
Indirect talks in Geneva have yielded what officials call “guiding principles” for a possible agreement, but the framework remains skeletal...
Geostrategy
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Interview
Gulf startup hubs: Converging strategies, diverging ambitions
Despite fierce branding as rivals, Gulf startup hubs share capital, policy, and talent structures that are quietly shaping distinct, globally...
- Shared infrastructure, capital flows, and policy choices bind these ecosystems together more than they divide them.
- The critical question for Gulf ecosystems is not whether they have capital or talent, but whether both are organized toward genuinely global ambition.
Economy
Battle of the Tech Hubs
The GCC is competing to build world-class technology hubs, investing heavily in AI, infrastructure, and sovereign capital to drive digital...
- The GCC smart cities and digital transformation market reached $145.5 billion in 2024 and is expected to reach $907 billion by 2032.
- Abu Dhabi’s Mubadala, for instance, was the largest sovereign-owned investor globally in 2024, deploying $29 billion across 52 deals, a 67 percent increase from the previous year.
Geostrategy
Israeli strikes kill 12 Palestinians in Gaza amid measures to ‘annex’ more West Bank land
Palestinian officials described the Israeli parliament's decision related to West Bank land as a “serious escalation,” while armed groups and...
- Several governments have renewed warnings that unilateral annexation or settlement expansion would violate international law and risk further destabilizing the region.
- The latest Gaza killings also comes as indirect negotiations and mediation efforts have struggled to gain traction.