Sweden jihadist jailed for life over Jordan pilot burned alive
Stockholm, Sweden - A Stockholm court on Thursday handed down a life term to Swedish jihadist Osama Krayem over the...
Geostrategy
‘Gaza, ours forever’: Settlers push to reclaim land amid devastation and political shifts
Within sight of Gaza, the devastated Palestinian enclave ravaged by nearly 22 months of war, hundreds of Israeli settlers marched...
Geostrategy
Geostrategy
Anger, anguish as Lebanon marks two years since Beirut mega-blast
The 2020 disaster, one of history's biggest non-nuclear explosions, killed more than 200 people and decimated vast areas of the...
- The 2020 disaster, one of history's biggest non-nuclear explosions, killed more than 200 people and decimated vast areas of the capital
- UN experts and groups including Amnesty International and Human Rights Watch have again appealed to the United Nations to send a fact-finding mission
Geostrategy
Israel’s border closure could shut Gaza’s only power station
The Israeli military has also imposed restrictions of movement on Israeli communities adjacent to the Gaza Strip.
- Israeli authorities shut goods and people crossings along its frontier with Gaza on Tuesday.
- Shutdown halted deliveries through Israel of diesel, needed to fuel Gaza's sole power plant.
Business
Ethiopian delegation visits Dubai to explore digital services
An Ethiopian delegation of 10 members, comprising decision-makers from the public and private sector, visited Dubai Chambers between July 25-...
- The delegates sought to review Dubai’s success in digital services, and discuss creating potential business partnerships
- The visit included signing deals supporting the Digital Ethiopia 2025 strategy, and exchanging knowledge and expertise.
Geostrategy
UAE, Egypt discuss money laundering, terrorist financing
The heads of UAE and Egypt's anti-money laundering and counter terrorism financing and the UN's representative for drugs and crime...
- The heads of UAE and Egypt's anti-money laundering and counter terrorism met to discuss cooperation in counter terror measures
- The two sides reviewed the most prominent regional developments and coordination between the two countries
Geostrategy
Russia to launch Iran satellite into orbit next week
News of the launch follows Putin's visit to Iran on July 19, when he met President Ebrahim Raisi and Iran's...
- Russia's State Space Corporation Roscosmos confirmed the launch of Khayyam satellite is scheduled for Tuesday
- The new Iranian satellite is aiming to "monitor the country's borders", enhance agricultural productivity and monitor water resources and natural disasters
Geostrategy
As fuel prices soar, Morocco’s billionaire petro-PM faces heat
Morocco's Prime Minister Aziz Akhannouch, a billionaire petrol baron, is facing a growing online campaign demanding he step down as...
- Aziz Akhannouch, a billionaire petrol baron, is facing a growing online campaign demanding he step down as fuel prices -- and energy firms' profits -- surge.
- Morocco, which is heavily reliant on oil imports, insists it is doing its best to ease the economic impact of Russia's invasion of Ukraine and the ensuing shock to crude prices.
Geostrategy
ASEAN ministers warn Taiwan tensions could spark ‘open conflicts’
A furious Beijing kicked off its biggest-ever exercises around Taiwan in response to US House Speaker Nancy Pelosi's visit this...
- Chinese Foreign Minister Wang Yi is attending the summit along with his US counterpart Anthony Blinken
- Beijing, which considers Taiwan a part of its territory to one day be reclaimed, by force if necessary, was enraged by the trip by Pelosi
Economy
Oil prices tumble on demand worries as global stocks mostly rise
The drop in oil prices came despite a move by the OPEC+ oil cartel, led by Saudi Arabia and Russia,...
- Oil prices finished about four percent lower following US energy data that showed unexpectedly weak gasoline demand
- Gasoline demand last week was 8.5 million barrels per day, down almost 13 percent from the year-ago period, which is part of the peak summer driving season
Two years after blast, Lebanese still strive for justice
The portside blast of haphazardly stored ammonium nitrate, one of the biggest non-nuclear explosions ever, killed more than 200 people,...
- Several heavily damaged grain silos that became a grim symbol of the disaster collapsed last week, and more are dangerously close to coming down, experts warn
- Amnesty, HRW and other groups Wednesday relaunched an appeal to the United Nations to send a fact-finding mission on Beirut blast
Economy
Inflation-fighting BoE poised to unleash big rate hike
The BoE is tipped to lift its main rate by 0.50 percentage points the biggest amount in more than a...
- The BoE, granted operational independence from the government over monetary policy in 1997, will reveal its latest rate decision at 1100 GMT on Thursday
- Economists meanwhile argue that a large rate hike damages the nation's recovery from the coronavirus pandemic and risks the prospect of recession
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
Sweden jihadist jailed for life over Jordan pilot burned alive
Stockholm, Sweden - A Stockholm court on Thursday handed down a life term to Swedish jihadist Osama Krayem over the...
Geostrategy
Company News
Latest News
Spain will not join US-led Red Sea coalition
Geostrategy
UNRWA head seeks General Assembly support after backlash
The head of the UNRWA is set to defend his organization's work at the General Assembly, after crippling backlash over...
Geostrategy
Diplomacy the ‘only way’ to end Israel-Hizbollah clashes: US envoy
"A diplomatic solution is the only way to end the current hostilities" and achieve "a lasting fair security arrangement between Lebanon...
Geostrategy
Israel destroys home of Palestinian accused of killing settlers
Israel routinely demolishes the homes of Palestinians accused of carrying out attacks, arguing that such measures act as a deterrent, while critics say it...
Geostrategy
Most Read
US Vice President calls for ‘immediate ceasefire’ in Gaza
Taking an unusually sharp tone, Harris demanded Israel "do more to significantly increase the flow of aid" into Gaza, where...
- Kamala Harris's comments on Sunday came as Washington led a push to lock in a truce before Ramadan
- According to a senior US official, Israel has broadly accepted the terms of proposal to pause the five-month-old war
Geostrategy
Gaza truce talks in Cairo as heavy fighting rages
An Israeli siege on Gaza has sparked UN warnings of famine, and France's foreign ministry said Israel is "clearly responsible"...
- Envoys from the United States, Qatar and Hamas arrived in Cairo, Egyptian state-linked media reported Sunday, the latest effort towards a six-week truce
- But sticking points remained, including a Hamas demand that Israeli forces entirely withdraw from the Gaza Strip after almost five months of devastating war
Geostrategy
Saudi Arabia to imprison, fine people for helping, employing illegal immigrants
RIYADH, SAUDI ARABIA – The Directorate of Public Security stressed that anyone who facilitates the entry, transfer or employment of...
- The means of transportation used for bringing illegal immigrants will be confiscated.
- The housing unit used to shelter illegal immigrants will be confiscated, as per the law.