Iran to meet Britain, France and Germany on its nuclear programme as snapback sanctions loom
The move would reimpose sweeping UN sanctions lifted under the 2015 agreement unless Iran agrees to curb its uranium enrichment...
Geostrategy
Trump raises pressure on central bank, calls for Fed governor to resign
Washington, United States -- President Donald Trump ramped up pressure on the US central bank Wednesday, calling for Federal Reserve...
Geostrategy
Geostrategy
US dispatches envoys to China in order to repair ties
A month after Chinese leader Xi Jinping and US President Joe Biden agreed to repair frayed relations, the US is...
- Biden left his meeting with Xi proclaiming that there need not be a new Cold War, while Xi told Biden the two countries "share more, not less, common interests"
- The United States and China are the two largest economies in the world, spend more than any other nations on their militaries and are locked in fierce strategic competition
Economy
Ethiopia reels from high inflation and economic slowdown
After a decade of dynamic growth during the 2010s, Africa's second most populous country has suffered multiple shocks, including the...
- Annual average inflation is expected to hit 30 percent in 2022 (compared to 26 percent last year), driven by an increase in food costs
- A peace deal signed last month between the federal government and Tigrayan rebels has raised hopes of an economic recovery
Geostrategy
Iran summons UK envoy to protest support for ‘terror and unrest’
A day after summoning German envoy, Iran called in the British ambassador to lodge protest as demonstrations shake the country....
- Iran's official news agency said the foreign ministry protested the United Kingdom's support for "terror and unrest", and sanctions it has imposed
- Its foreign ministry summoned German ambassador Muzel for the fourth time since September
Geostrategy
US could change green subsidies rules as EU fears unemployment
The United States is open to amending lucrative green subsidies that have drawn transatlantic anger for allegedly encouraging job losses...
- Washington's landmark Inflation Reduction Act contains $370 billion in subsidies for green energy and tax cuts for US made electric cars
- Biden defended the act and said it was never intended to disadvantage US allies, and has committed to understanding EU concerns.
Geostrategy
UAE, Turkmenistan review enhancing bilateral relations
ASHGABAT, TURKMENISTAN - Minister of Industry and Advanced Technology Dr. Sultan bin Ahmed Al Jaber has left the UAE on...
- The UAE Minister of Industry and Advanced Technology headed a delegation comprising senior officials from government, private sectors to Turkmenistan.
- The delegation discussed ways to develop bilateral relations and enhance cooperation in the fields of oil, gas, clean energy, infrastructure.
Geostrategy
G20 Interfaith Forum to convene in Abu Dhabi
Abu Dhabi, UAE— The G20 Interfaith Forum (IF20), the world’s leading organisation focused on the intersection of faith and policy...
- The UAE is hosting the event as part of its ongoing initiatives to promote cultural interaction and global convergence
- The 2022 Forum in Abu Dhabi will serve as a bridge between the November G20 Summit in Indonesia and the launch of the 2023 G20 agenda, with India as 2023 host
Economy
SASO, Chinese SAC renew technical cooperation program
The program aims to strengthen the strategic partnership between the two countries and contribute to ensuring the quality and safety...
- The program aims to strengthen the strategic partnership between the two countries and contribute to ensuring the quality and safety of goods
- It also aims to establish frameworks for joint cooperation in several areas, most notably the exchange of information and research studies
Geostrategy
US presses UN on Israeli settlement business blacklist
The initial publication -- which listed US companies including Airbnb, Expedia and TripAdvisor -- was denounced by the then administration...
- The State Department confirmed that it had approached the UN human rights office with concerns about the list
- New UN rights chief, Volker Turk, faces an upcoming choice on whether to update the list and may do quietly without announcing it
Geostrategy
Saudi Crown Prince: ‘Arabs will race for progress and renaissance once again. We will prove that every day’
China has established comprehensive strategic partnership relations with 12 Arab countries separately, says Xi Jinping during Arab-China Summit in Riyadh.
- China has established comprehensive strategic partnership relations with 12 Arab countries separately, says Xi Jinping during Arab-China Summit in Riyadh
- The summit vowed to confront the food, energy and climate crisis, and find political solutions to thorny issues and working to maintain peace and security in the region
Geostrategy
European Union to add $2.1 bn to fund used for arming Ukraine
Diplomats said a preliminary agreement had been struck among the 27-member bloc to bolster the European Peace Facility, which has...
- But diplomats said a separate standoff with Hungary over its own frozen EU funds could see Budapest delay approval.
- The European Peace Facility was set up last year to help the European Union fund military assistance to its international partners as the bloc looks to increase its global clout.
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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
Iran to meet Britain, France and Germany on its nuclear programme as snapback sanctions loom
The move would reimpose sweeping UN sanctions lifted under the 2015 agreement unless Iran agrees to curb its uranium enrichment...
Geostrategy
Company News
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Tehran, Baghdad to launch maritime passenger transport line
TEHRAN, IRAN – Iran and Iraq will launch the first maritime passenger transport line within the next two months, an...
Geostrategy
Air Arabia Egypt marks its first flight to Istanbul
CAIRO, Egypt – Air Arabia Egypt on Sunday commenced its first non-stop flight from Cairo International Airport to Sabiha Gökçen...
Business
Top Europe rights court to issue landmark climate verdicts
STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...
Geostrategy
Most Read
Israelis rally against Netanyahu as Gaza war reaches half-year mark
Organizers said about 100,000 people converged at a Tel Aviv crossroads renamed "Democracy Square" since mass protests against controversial judicial...
- Rallies were also held in other cities, with Israel's opposition leader Yair Lapid taking part in one in Kfar Saba ahead of his departure for talks in Washington
- Israeli media said clashes had broken out between protesters and police at the Tel Aviv rally and police said one protester had been arrested
Geostrategy
Israeli strikes target eastern Lebanon: source close to Hizbollah
Israel and Hizbollah have exchanged near-daily cross-border fire since the Palestinian group Hamas carried out an unprecedented attack on southern...
- Israeli strikes targeted two areas in the Bekaa Valley, Janta and Sifri, the source told AFP in the Baalbek region in Lebanon's east
- Janta is an arid, mountainous region close to the border with Syria, while Sifri is in the centre of the Bekaa Valley
Geostrategy
Seven children killed in Syria’s as explosive device goes off
Damascus, Syria - Seven children were killed in southern Syria's Daraa province on Saturday when an "explosive device" detonated, state media...
- The Britain-based monitor said militias were accused of planting the device in order to target an unidentified person in the area.
- Syria's war, which escalated into a deadly conflict that pulled in gunmen and foreign armies, has killed more than 507,000 people.