US toughens terrorism ban of Pakistan separatist fighters
The United States on Monday toughened its terrorist designation of separatist militants in Pakistan's southwest Balochistan province who were behind...
Geostrategy
Jordan says to host Syria-US meeting on reconstruction
The meeting, which will be attended by Syrian Foreign Minister Asaad al-Shaibani and US special envoy for Syria Thomas Barrack,...
Geostrategy
Geostrategy
Kremlin says OPEC+ cut output to stabilize oil markets
Moscow---The Kremlin said Thursday that an OPEC+ decision to sharply cut production was designed to stabilize global oil markets, after...
- Kremlin spokesman Dmitry Peskov it was proof that "some countries understand the absurdity" of Washington's demand for a price cap on Russian oil.
- The European Union has also proposed introducing a price cap on Russian oil as part of new sanctions over Ukraine.
Economy
Lebanon years away from gas riches despite Israel deal: analysts
With the demand for gas rising worldwide because of an energy crisis sparked by Russia's invasion of Ukraine, Lebanon hopes...
- Following years of US-mediated negotiations, the rival states now appear to be nearing agreement
- A deal would allow "offshore exploration activities to continue, but that doesn't mean that Lebanon has become rich
Geostrategy
Iran summons UK envoy to protest ‘meddlesome statements’
Taking exception to what it calls interference in its internal affairs, Iran has summoned British ambassador Simon Shercliff to hear...
- Foreign ministry spokesman Nasser Kananiin, in an Instagram post, accused "Western governments" of meddling in Iran's affairs
- The British foreign ministry on Monday summoned Iran's top diplomat in London to criticise the way Iranian authorities are handling the protests
Geostrategy
Israel eyes warmer KSA ties as crown prince turns PM
As long as the Palestinian saga is open, Saudi Arabia will not have full normalization of ties with Israel. However,...
- Unlike the UAE, Saudi Arabia will need to do a lot of explaining to a population that is not largely expatriate.
- Experts say that even with the UAE, while trade and economic links exceed expectations, there is little progress on people to people movement.
Geostrategy
EU okays new sanctions on Russia post Ukraine annexation
The latest package -- the eighth since Russia's invasion in February -- is now going through a final approval procedure...
- Details of the sanctions were not given, but imposition of a price cap on Russian oil exported globally is the likely decision.
- They could also expand the blacklist of people subject to EU travel bans and asset freezes for their role is supporting Kremlin.
Geostrategy
Jordan king discusses trade, regional issues in talks with Oman sultan
The two leaders focused on maintaining coordination and consultation on various issues of mutual concern, especially food security and energy.
- The two leaders focused on maintaining coordination and consultation on various issues of mutual concern, especially food security and energy
- King Abdullah expressed appreciation for Oman’s position and continuous efforts to bolster security and stability in the region
Business
IMF chief says BOE acted quickly to UK budget proposal
Prime Minister Liz Truss on Sunday conceded she should have better prepared Britain for her plan, which went further than...
- "We cannot have fiscal policy working against the monetary policy by providing untargeted policy support", IMF chief Kristalina Georgieva said Tuesday
- UK Finance Minister Kwasi Kwarteng on September 23 announced the debt-driven mini-budget, which slashed taxes and sparked market turmoil
Investigation
Exclusive: ‘Cheerleaders’ hired to clap during FIFA Cup
Young Arab boys and girls from countries such as Lebanon are being flown to Qatar and paid $800 to cheer...
- Young Arab boys and girls from countries such as Lebanon are being flown to Qatar and paid $800 to cheer during the upcoming World Cup, TRENDS Investigation reveals
- Whoever had a valid passport and got three doses of Covid-19 vaccination jumped on the ‘clapping’ bandwagon, one of the clappers flying to Qatar tells TRENDS
Geostrategy
Germany to continue with $198bn energy fund despite EU criticism
Germany pushed back against critics of a 200-billion-euro ($198-billion) energy fund, as Berlin faces fresh accusations it is going it...
- France and key members of the European Commission are asking for EU-wide solutions to the energy crunch aggravated by the Ukraine war.
- They fear that European countries with high debts cannot afford the largesse demonstrated by Germany, the EU's biggest economy.
Economy
UAE free zone residence visas now valid for two years
The visas currently under process, even those in the last stages of completion, will also be valid for two years...
- The decision comes into effect from October 3, 2022. Earlier, the residence visas were valid for three years.
- The UAQ Free Zone says that all residence visas or Emirates IDs issued for three years will be valid until renewal.
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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
US toughens terrorism ban of Pakistan separatist fighters
The United States on Monday toughened its terrorist designation of separatist militants in Pakistan's southwest Balochistan province who were behind...
Geostrategy
Company News
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GCC and EU hold talks to boost economic, political ties
Brussels, Belgium-- The Gulf Cooperation Council (GCC) and the European Union have held talks in Brussels in order to enhance...
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...
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...
Geostrategy
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Geostrategy
EU members to discuss Bosnia entry into Union
Brussels, Belgium - A group of EU countries including Germany on Tuesday pushed for a green light to start membership negotiations...
- The EU's 27 leaders will debate at a summit on Thursday a proposal from the bloc's executive to launch the talks with the Balkan country
- Balkan country Bosnia has been an official candidate for membership since 2022 but needed to implement a string of major reforms
Geostrategy
Israel strikes ammunition depot of Hizbollah in Syria
Beirut, Lebanon - Israeli raids hit warehouses storing weapons for the Lebanese Hizbollah group in Syria Tuesday, a war monitor said,...
- The Syrian Observatory for Human Rights said the latest strikes near the capital Damascus Tuesday had destroyed weapons and ammunition
- The Britain-based Observatory said it was the second such strike in two days, coming after raids on Sunday hit another Hizbollah weapons depot
Geostrategy
S.Africa says Israel war undermining top UN court
South Africa's top diplomat accused Israel of setting a precedent for leaders to defy the top UN court, as she...
- South Africa has again petitioned the court in The Hague to order measures for Israel to stop "widespread starvation".
- Israel hit out as the South African plea as "outrageous" and "morally repugnant," pointing to its initiatives, including humanitarian pauses in fighting.