Trump announces 100% chip tariff, pressuring Asian producers
The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...
Economy
Israel bars Jerusalem’s top Muslim cleric from Al-Aqsa: lawyer
Israeli authorities have banned Jerusalem's top Muslim cleric from entering the Al-Aqsa Mosque compound for six months over a recent...
Geostrategy
Geostrategy
Lebanon-Israel maritime talks to conclude in days: Lebanese official
Negotiations between Lebanon and Israel have been mediated by the US to delineate a shared maritime border.
- Negotiations between Lebanon and Israel have been mediated by the US to delineate a shared maritime border
- US mediator Amos Hochstein, who visited Beirut on September 9 said talks were making progress
Business
EU court to rule on record antitrust fine against Google
The decision by the Luxembourg-based General Court could undo or demand modifications to the landmark decision, taken by the European...
- Google urged a panel of EU judges last year to throw out the decision it argued was unfounded and falsely relied on accusations it imposed its search engine
- Google insisted that downloading rival apps was only a click away and that customers were in no way tied to Google products on Android
Geostrategy
Russia portrays Samarkand summit as alternative to West
Showcasing its growing rift with the Western world, Vladimir Putin will meet China's Xi Jinping and other Asian leaders in...
- The meeting will be part of Xi's first trip abroad since the early days of the coronavirus pandemic and comes with relations between Russia and the West broken by Ukraine war
- Putin will hold talks with Xi, Iranian President Ebrahim Raisi and Pakistani Prime Minister Shehbaz Sharif on Thursday
Geostrategy
Iran says has ‘fully’ cooperated with UN nuclear watchdog
The comment came after Rafael Grossi, director general of the International Atomic Energy Agency, on Monday expressed hopes that Iran...
- The IAEA had said in a report last Wednesday that it was "not in a position to provide assurance that Iran's nuclear programme is exclusively peaceful."
- Iran dismissed the report as "baseless", but on Monday said it was ready to cooperate with the agency to clear up the false and unrealistic perceptions
Geostrategy
Six migrants including two babies die at sea after Greek pushback: Turkey
Another 73 migrants were also rescued off Mugla province in the southwest, the coastguard said. The migrants were pushed back...
- The migrants are believed to have set out from Tripoli in Lebanon on Saturday in a wooden boat to reach Italy
- Ankara regularly accuses Greek officials of illegally pushing migrants back into its territory, but Athens denies the claims
Geostrategy
More than 13,000 Tunisian migrants reach Italy: report
Searching for a new life in Europe, some 13,000 Tunisian migrants have succeeded in reaching Italy by sea since the...
- People fleeing violence and poverty across Africa and beyond have long used Tunisia, just 125 kilometres (80 miles) from the Italian island of Lampedusa
- The EU's Frontex border agency says more than 42,500 migrants used the central Mediterranean route between January and July
Geostrategy
Drop in German investors confidence sparks recession fear
BERLIN, GERMANY - German investor confidence fell in September for a third straight month, a closely watched survey showed on...
- The ZEW institute's economic expectations index dropped 6.6 points from the previous month to minus 61.9 points.
- For its survey, ZEW quizzes experts about the current economic situation and the outlook for the coming six months.
Geostrategy
India to invite UAE as ‘guest country’ at G-20 Summit
India, the incoming President of the Group of Twenty (G-20) announced that it will invite the UAE as one of...
- The G-20 accounts for 85 percent of global GDP, 75 percent of international trade and two-thirds of the world population.
- This is the first of a series of announcements being made by India preparatory to its assumption of the G-20 Presidency on December 1, 2022.
Geostrategy
High-level UAE economic delegation visits Georgia
A UAE economic delegation led by Minister of State Ahmed Ali Al Sayegh visited Tbilisi, Georgia.
- UAE-Georgian economic relations have witnessed remarkable development in recent years.
- Total non-oil trade between UAE and Georgia in 2020 and 2021 grew by 52 percent to reach US$223 million.
Geostrategy
Planet-warming emissions higher than before pandemic: UN
The UN's World Meteorological Organization and its Environment Programme warned that the catastrophes such as Pakistan's monumental floods and China's...
- "There is nothing natural about the new scale of these disasters. They are the price of humanity's fossil fuel addiction," said UN Secretary-General Antonio Guterres.
- The UN warned last month that the drought gripping the Horn of Africa and threatening millions with acute food shortages was now likely to extend into a fifth year.
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
Trump announces 100% chip tariff, pressuring Asian producers
The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...
Economy
Company News
Latest News
US sanctions five Israeli entities including three settlers in West Bank
Washington, US - The United States sanctioned three Israeli settlers and two farming outposts on Thursday, accusing them of being involved...
Geostrategy
Leader of US Senate calls for election in Israel
The leader of the US Senate called for Israel to hold new elections in the most strident criticism yet by...
Geostrategy
UAE, Hungary ink pact to enhance trade, investment ties
ABU DHABI, UAE – The United Arab Emirates and Hungary have signed an economic cooperation agreement aimed at stimulating trade...
Geostrategy
Most Read
Geostrategy
China to take ‘all necessary measures’ to protect interests after US TikTok vote
Beijing, China--China on Thursday slammed the approval of a US bill that would ban TikTok unless it severs ties with its...
- The app has soared in popularity worldwide but its ownership by Chinese tech firm ByteDance has fuelled concern in Western capitals
- The US House of Representatives approved a bill that would force TikTok to divest from its parent company or face a nationwide ban
Geostrategy
UK to ban foreign state ownership of British newspapers
London, United Kingdom--The UK announced Wednesday that it plans to bar overseas governments from owning British newspapers, a move that could...
- A government spokesperson said the move would "deliver additional protections for a free press, a pillar of our democracy"
- British media suggested that minority interests in newspapers and magazines by foreign governments might be allowed
Geostrategy
‘Multilateral approach needed to address Gaza crisis’
The 'Amalthea' initiative, recently announced by Cyprus, is crucial for the efforts to launch the maritime corridor and the UAE...
- A concerted international effort is underway to open humanitarian corridors to Gaza, with a focus on a maritime corridor for urgent aid delivery.
- The 'Amalthea' initiative, aiming to safely ship aid from Cyprus to Gaza by sea, marks a critical step in international efforts to alleviate the crisis.