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
Palestinian leader Mahmud Abbas tells UN no role for Hamas in state
Abbas, who addressed UN General Assembly by video after the US took the unusual step of denying him a visa...
Geostrategy
Business
UAE has incredible position in the world: Salesforce CEO
All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero...
- All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero world, Salesforce chief Marc Benioff tells TRENDS
- Benioff advocates for global commitment to green initiatives, net zero emissions, and has expedited One Trillion Tree initiative to tackle climate change
Geostrategy
Grain deal talks ongoing after Russian proposal, says UN
Consultations to prolong Ukrainian grain exports deal are continuing, the UN said, after a Russian proposal for just a 60-day...
- Russia had agreed to extend the deal which is due to expire on Saturday, for 60 days.
- Ukraine said that "contradicts" the original agreement but did not reject the proposal.
Interview
‘Morocco economy robust, 80% of exports manufactured products’
The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and...
- The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and Trade Minister Ryad Mezzour tells TRENDS.
- Moroccan automotive industry produced 700,00 cars in 2022 and we expect the production to hit 1 million in the next three years, adds Mezzour during the interview
Economy
EU and Algeria look to consolidate energy, security ties
The 27-country bloc would like to develop the partnership with Algeria "looking at the future, by prioritizing European investments in...
- Borrell said the EU and Algeria had agreed to "relaunch high-level security dialogue", with the first meetings planned before the end of the year
- He said the EU and Algeria could "do better" on trade relations, calling for a solution "to obstacles (Algeria) introduced since June 2022 to commerce with Spain"
Geostrategy
‘US role in Middle East is stabilizing but diminishing’
The world is facing a new environment where powerful global leaders and corporate leaders are creating uncertainty and risk, Eurasia...
- Putin is becoming the most powerful rogue actor on the global stage in a way that Iran is the most powerful rogue actor in the Middle East, says Ian Bremmer
- The bigger issue is that the Russians are now in a hot war with the West and they’re performing very badly and their economy is deteriorating, he adds
Geostrategy
Video: Key takeaways from World Economic Forum
This year's event, held in the Swiss resort of Davos, was an intense and inspiring, and had brought together prominent...
- This year's event, held in the Swiss resort of Davos, was an intense and inspiring, and had brought together prominent leaders from government, business, and social institutions
- The discussions and insights shared during the World Economic Forum in Davos provided a unique opportunity to address global challenges and identify innovative solutions
Geostrategy
Tunisia swears in new defanged parliament
State television broadcast the proceedings and only official media were permitted to cover the session, with representatives of Tunisia's private...
- The new assembly was elected in two rounds in December and January, with a voter turnout of just over 11 percent
- It has 161 members but only 154 seats have so far been filled - with just 25 female representatives among them
Geostrategy
Lebanon central bank chief summoned in European probe
A Lebanese judge has asked central bank chief Riad Salameh to appear before visiting European investigators, a judicial official said...
- Lebanon central bank chief Riad Salameh denies all accusations against him and has rarely appeared before the judiciary.
- If he shows up, it would be the first time Salameh, 72, appears before European investigators probing suspected financial misconduct.
Infographics
UAE, Qatar least corrupt Arab nations
The 2022 Corruption Perception Index says corruption is undermining democratic processes and fueling violence in the Middle East and North...
- The CPI ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).
- With a score of 90 and 87 respectively, Denmark and Finland top the CPI, while Somalia and Syria hit rock bottom with a score of 13 and 12 respectively.
Geostrategy
Russia agrees to grain export deal extension for 60 days
Russia has agreed to extend the Ukraine grain export deal following talks with the United Nations - but only for...
- The grain export deal has helped ease the global food crisis triggered by Russia's full-scale invasion of Ukraine in February 2022.
- The invasion saw Ukraine's Black Sea ports blocked by warships until a deal signed in July allowed for the safe passage of exports of critical grain supplies.
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
Company News
Latest News
United by innovation and progress: The enduring US-UAE partnership
‘’In close partnership, we are working to advance multilateral diplomatic solutions and provide urgently needed humanitarian assistance in Gaza and...
Iran arrests 12 accused of collaborating with Israel
Iranian authorities have announced the arrest of 12 people accused of "collaborating" with the country's arch-foe Israel, local media reported...
Egypt fears ‘all out’ regional war, says foreign minister
Egypt's foreign minister Sunday warned of the risk of an all-out regional war in light of intensified fighting between Israel...
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Geostrategy
Netanyahu says Israel has ‘landed a series of blows on Hezbollah’
Israeli Prime Minister Benjamin Netanyahu said Sunday that Israel has dealt serious blows to the Lebanese group Hezbollah, as rapidly...
- Remarks follow a night of intense rocket fire at northern Israel that had sent hundreds of thousands of people to bomb shelters
- Hezbollah said it had targeted Israeli military production facilities and an air base in Haifa
Geostrategy
Al Jazeera TV raided in West Bank; ordered to close for 45 days
Global news channel Al Jazeera said armed and masked Israeli forces raided its office in Ramallah in the occupied West...
- The Israeli military has repeatedly accused journalists from the Qatari-based network of links to Hamas
- Al Jazeera has fiercely denied Israel's accusations and said Israel systematically targets its employees in the Gaza Strip
Geostrategy
Top Hezbollah commander killed in Israeli strike on Beirut
The killing of Aqil was the second of a senior Hizbollah commander since the start of the war in Gaza,...
- Ibrahim Aqil, who was also wanted by the United States for involvement in the 1983 bombing of the US embassy in Beirut, headed the Iran-backed group's elite Radwan unit
- AFP journalists at the scene said the blast had left a massive crater and gutted the lower floors of a high-rise building in the Lebanese capital's southern suburbs