Stock markets cautious with eyes on Ukraine talks, US rates
Markets were also waiting for a key speech by the US Federal Reserve chief this week for clues on interest...
Economy
Dubai police retrieve stolen diamond worth $25 million
Dubai, United Arab Emirates -- Dubai police said on Monday they caught three thieves just hours after they stole a...
Geostrategy
Geostrategy
China’s ‘iPhone city’ under Covid lockdown after violent clashes
Authorities have ordered nearly six million residents of eight districts in Zhengzhou, in the central province of Henan, not to...
- There have been only a handful of coronavirus cases in the city but under China's zero-Covid policy even tiny outbreaks can spark gruelling lockdowns and travel restrictions.
- The lockdown in Zhengzhou follows protests by hundreds of employees over conditions and pay at Foxconn's vast iPhone factory on the outskirts of the city.
Geostrategy
UAE takes part in IORA meetings in Bangladesh
DHAKA, BANGLADESH - The UAE participated in the Indian Ocean Rim Association's (IORA) 22nd Council of Ministers (COM) meeting and...
- The UAE affirmed its commitment to promoting inclusive growth and prosperity within the Indian Ocean region.
- The launch of the Sheikh Zayed IORA Scholarship for Humanitarian Action and Development was officially announced.
Geostrategy
Iran defends strikes on northern Iraq, in letter to UN
The Islamic republic has launched a series of cross-border missile and drone strikes on Iranian-Kurdish opposition groups, based in Iraq,...
- Iran has repeatedly accused Iranian-Kurdish opposition groups of fomenting unrest in the country since Amini's death in September
- Iranian-Kurdish groups have long inhabited areas of northern Iraq's autonomous Kurdistan region, previously waging an armed insurrection against Tehran
Economy
Libya expels over 200 migrants across land borders
The United Nations had previously handled the repatriation of refugees from Libya, but the deal between authorities in the west,...
- The group of returnees included "105 Egyptians, 101 Chadians and 20 Sudanese."
- The operation was organized by the Interior Ministry of Prime Minister Abdulhamid Dbeibah's Tripoli-based government
UAE president, Jordan king meet, discuss ties, regional issues
The two leaders reviewed existing areas of partnership and explored opportunities to develop ties further.
- The two leaders reviewed existing areas of partnership and explored opportunities to develop ties further
- The meeting also covered a number of regional and international issues of mutual concern
Geostrategy
GCC rejects malicious media campaign targeting bloc
Beside approving various programmes and joint projects, the region's information ministers discuss strategic plan for joint media cooperation between the...
- Beside approving various programmes and joint projects, the bloc's information ministers discuss strategic plan for joint media cooperation between the GCC countries.
- The ministers also approve cooperation projects between news agencies, electronic media and cooperation in the field of external media
Economy
EIC calls UAE as the leader in renewable energy sector
London, UK --The Energy Industries Council (EIC), one of the world’s largest energy trade associations, has released a report on...
- An EIC report titled “UAE: EIC Country Report – November 2022”, highlights the UAE’s Hydrogen developments in the sector.
- “The UAE could be a key player and deliver 25 percent of the production of the global low-carbon hydrogen market by 2030,” the report said
Geostrategy
Lebanon parliamentarians fail to pick President for seventh time
Lawmaker Michel Moawad, who is seen as close to the United States, won the support of 42 of parliament's 128...
- Parliament is split between supporters of Hezbollah movement and its opponents, neither of whom have a clear majority.
- Lebanon's total contraction of 37.3 percent in real GDP since 2018, among the worst the world has seen, has already wiped out 15 years of economic growth.
Geostrategy
UN rights council orders international probe of Iran crackdown
With 25 votes in favour, six opposed and 16 countries abstaining, the UN's highest rights body agreed to create an...
- Iran denounced the move. "Europe and the US lack the moral credibility to preach... on human rights," said Khadijeh Karimi, Iran deputy of the vice president for women.
- UN rights chief Volker Turk said he had offered to visit Iran but had received no response from Tehran.
Business
ADFD to finance building, upgrade of water projects in Argentina
Abu Dhabi, UAE---Abu Dhabi Fund for Development (ADFD) will finance a water project in Cordoba province of Argentina under an...
- Costing, $28.8 million, the project will see building of modern water plants and expanding existing water stations in 26 villages of Cordoba province.
- The project will involve the laying of about 255-kilometer supply lines and establishing 14 new pumping stations and purification plants.
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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
Stock markets cautious with eyes on Ukraine talks, US rates
Markets were also waiting for a key speech by the US Federal Reserve chief this week for clues on interest...
Economy
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Israel terms killing of aid workers in Gaza ‘grave mistake’
Israeli Prime Minister Benjamin Netanyahu said the military had "unintentionally" killed the aid workers, calling it a "tragic case" that...
Geostrategy
Four Israeli officers injured in car-ramming attack near West Bank
Jerusalem--Four Israeli police were injured in a car-ramming attack at a checkpoint in the centre of the country, police said...
Geostrategy
Netanyahu branded ‘traitor’ in fourth night of Israel protests
Former premier Barak said if Netanyahu launches a ground offensive on Rafah, the "hostages will return in coffins. The one...
Geostrategy
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Geostrategy
World powers condemn deadly Gaza air strike on aid workers
World Central Kitchen -- one of two NGOs spearheading efforts to deliver aid by boat -- said a "targeted Israeli...
- The EU's foreign policy chief Josep Borrell, who is also Spanish, said that "despite all the demands to protect civilians and humanitarian workers, we see new innocent casualties".
- Australian PM Anthony Albanese slammed the "completely unacceptable" attack, and called it a "tragedy that should never have occurred"
Geostrategy
Spanish president wants parliament to recognize Palestine state by July
"We have to think seriously about doing it this semester," Sanchez told a group of Spanish journalists accompanying him on...
- Sanchez, who after Jordan will visit Saudi Arabia and Qatar, wants to "try to convince Arab countries that have not yet recognized Israel to do so".
- He has repeatedly said the only solution to the Israeli-Palestinian conflict is the recognition of two states, Israel and Palestine.
Geostrategy
Sisi sworn in as Egypt’s President for third successive term
In power for the past decade, Sisi is set to remain president until 2030, after winning a December election with...
- In power for the past decade, Sisi is set to remain president until 2030, after winning a December election with 89.6 percent of the vote against three relative unknowns
- For the past two years, his administration has struggled to contain the fallout of a punishing economic crisis that has seen the currency lose two-thirds of its value