Accumulating bitcoin a risky digital rush by companies?
London, United Kingdom - US President Donald Trump's media group and Tesla, the electric carmaker owned by tech billionaire Elon...
Geostrategy
Netanyahu says new Gaza plan ‘best way to end the war’ as criticism intensifies
UN says 'if these plans are implemented, they will likely trigger another calamity in Gaza, reverberating across the region and...
Geostrategy
Business
Iran extends temporary prison release of US citizen
Siamak's brother, Babak Namazi, said in a statement Saturday that Iranian authorities had granted his sibling a further three-day furlough...
- Former UNICEF official Baquer Namazi has been held in Iran for years along with his elderly father under convictions for espionage, allegations they both deny
- The younger Namazi was granted release from prison after his father, who was serving his sentence under house arrest, was allowed to travel to Abu Dhabi for medical treatment
Geostrategy
Tunisia coastguard struggles to rein in migrant boats
Tunis--As dawn breaks over the Mediterranean, Tunisian coastguards intercept a flimsy craft packed with migrants, bringing their dream of reaching...
- The North African country, just 130km from Italy's Lampedusa island, has long been a launchpad for people fleeing violence and poverty across the continent.
- The demand has created one of the few thriving new industries in Tunisia: clandestine boat manufacture.
Economy
Iraq economic growth hampered in absence of government, budget
It remains without not only a new government but a budget too, obstructing much-needed reforms and infrastructure projects in the...
- The government can't invest that money without an annual state budget, which Mustafa al-Kadhemi is not authorised to submit to parliament in his capacity as caretaker PM.
- Former finance minister Ali Allawi, who had prepared a reform plan that never materialised, blamed the "political framework" for obstructing progress.
Geostrategy
Britain says no energy crisis as people brace for blackouts
Britain, however, relies on gas to create a large proportion of electricity and is therefore particularly exposed to the soaring...
- Households face possible rolling three-hour power cuts if imports run extremely low, the nation's power operator National Grid warned
- A blackout would be more drastic than EU plans for an energy-saving initiative this year to help its member nations survive winter season
Geostrategy
UAE to showcase its nuclear energy success in WANO meeting
The Barakah Plant is spearheading the decarbonization of the UAE’s power sector by generating clean electricity and forms key component...
- The meeting is scheduled to be held in Prague, Czech Republic under the theme “One WANO – A Global Commitment to Nuclear Excellence,”
- Due to the Barakah Nuclear Energy Plant, a major strategic energy infrastructure project, the UAE is recognized as a global nuclear energy leader.
Geostrategy
UAE, Egypt discuss cooperation in defense industries
A high-level UAE delegation, on a visit to Egypt, met with senior officials of the Egyptian Ministry of Defense.
- The two sides discussed opportunities for strengthening the overall relations between the UAE and Egypt.
- They discussed promoting partnerships between the defense industry of the two countries.
Geostrategy
EU leaders try for common response to energy crisis
EU leaders meeting in Prague looked to bridge divisions on how to tackle soaring energy prices as they grapple with...
- EU leaders were discussing how to better protect their critical infrastructure in the wake of leaks from the Russia-Europe Nord Stream gas pipelines.
- Europe is facing an energy crunch as the price of electricity generation skyrockets because of a massive surge in gas prices.
Science
Egypt replants mangrove to fight climate change
Sayed Khalifa, the head of Egypt's agriculture syndicate, calls the unique plants a "treasure" because of their ability to grow...
- After decades of destruction in Egypt that saw the mangroves cleared, all that remained were fragmented patches totaling some 500 hectares
- The stands of trees help filter out water pollution and act as a natural barrier against rising seas and extreme weather, shielding coastal communities from destructive storms
Business
Judge halts Twitter-Musk case, sets Oct. 28 deadline to close deal
Delaware Judge Kathaleen McCormick, ruling on a Musk request to freeze the case that had drawn a biting retort from...
- The move buys time for a potential reconciliation between two parties
- Twitter said Tuesday it expects to close the buyout deal at the $54.20 price
Geostrategy
Libyan Prime Minister defends oil, gas exploration deal with Turkey
The question of rights to Libya's vast hydrocarbon resources has become more urgent this year as global energy prices have...
- "The Turkish-Libyan MoU is based on previous deals even prior to 2011," Libyan prime minister Abdulhamid Dbeibah said.
- The memorandum of understanding, three years after a controversial maritime border deal, sparked sharp reaction from Greece.
Most Read
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
Accumulating bitcoin a risky digital rush by companies?
London, United Kingdom - US President Donald Trump's media group and Tesla, the electric carmaker owned by tech billionaire Elon...
Geostrategy
Company News
Latest News
Afghanistan blames ‘politics’ as Australia cancels T20 tour in UAE
The Afghanistan Cricket Board urged the Australian government "not to impose its policies on cricket boards" and "focus on supporting...
Israel’s Gallant to visit US as Rafah pressure builds
During his first visit to Washington since war erupted in response to Hamas's unprecedented October 7 attack, Gallant is due...
Geostrategy
No oil and gas majors aligned with climate targets: report
An A grade would be potentially aligned with the goals of the 2015 Paris Agreement to limit temperature rise to...
Most Read
Geostrategy
Libya closes Tunisia border crossing after outbreak of clashes
Tripoli, Libya--Libya ordered the "immediate" closure of its main border crossing with Tunisia on Tuesday following clashes between armed groups and...
- According to Libya's interior ministry, it ordered the closure of the post "after outlaw groups attacked the post in order to create chaos"
- Armed clashes began on Monday night between armed groups who control Ras Jedir and security forces sent by Tripoli, as per media reports
Geostrategy
Govt source: Canada halting arms shipments to Israel
On Monday, the Canadian Parliament passed a nonbinding resolution calling for the international community to work toward a two-state solution...
- The move comes as Ottawa has only exported "non-lethal" shipments such as communications equipment to Israel since the deadly October 7 attacks
- Israel has historically been a top receiver of Canadian arms exports, with CAN$21 million worth of military materiel exported to Israel in 2022
Geostrategy
Hamas leader blames Israel for sabotaging truce talks
Ismail Haniyeh said that the Israeli actions at Al-Shifa Medical Complex "confirm their intent to obstruct the recovery of life...
- Negotiations for a Gaza ceasefire and hostage release were underway in Doha
- Mossad head David Barnea had flown in for talks with the Qatari prime minister on Monday