Trump says Hamas ‘didn’t want’ Gaza ceasefire deal as talks break down
The US president argued that the Palestinian militant group was not ready to hand over the remaining captives in Gaza...
Geostrategy
Syrian, Israeli ministers meet US envoy in Paris: senior diplomat
The US special envoy for Syria said he held talks with Syrian and Israeli officials in Paris on Thursday on...
Geostrategy
Geostrategy
Iran says Turkish offensive in Syria can destabilize region
Iran's foreign minister warned Saturday on a visit to Damascus that Turkish military action in Syria would destabilize the region,...
- Iran is a major ally of Syrian President Bashar al-Assad and an important trading partner for Turkey
- In recent weeks, Erdogan has said he plans to launch a military offensive against Kurdish fighters in Syria Ankara regards as "terrorists"
Geostrategy
Palestinians give bullet that killed Abu Akleh to US forensic experts
The Palestinian Authority handed the bullet that killed Al Jazeera journalist Shireen Abu Akleh to US forensic experts on Saturday...
- Palestinian-American journalist, who was wearing a vest marked "Press" and a helmet, was killed on May 11 while covering an Israeli army operation
- Investigations by the UN, as well as several journalistic probes, have found that the shot that killed Abu Akleh was fired by Israeli forces
Economy
MENA eyes key role in making world carbon neutral
UAE and KSA are spearheading decarbonization efforts in Middle East by encouraging enterprises to minimize carbon footprint. Here are a...
- Since MENA countries are a significant global green hydrogen supply source, they may help other nations outside the region reach their carbon-neutral targets
- Trading carbon credits could cut the cost of implementing national contributions to combat climate change by more than half – up to US$250 billion by 2030
Geostrategy
UAE sends three planes for relief of quake victims in Afghanistan
The UAE has sent three planes carrying a 1,000 sqm field hospital, which includes 75 beds and two operating rooms...
- The UAE has sent three planes carrying a 1,000 sqm field hospital for the quake victims in Afghanistan
- The relief package include 75 beds and two operating rooms equipped with the latest medical supplies and devices
Economy
Tunisia seeks aid package as IMF team set to arrive
The International Monetary Fund is sending a team to Tunisia next week to begin formal talks on a new financial...
- Tunisia is seeking a two-billion-euro loan, according to a source with knowledge of the preliminary talks.
- IMF said 'ready to begin the formal negotiations' but the Tunisian leaders need to implement "ambitious reforms" to deal with the crisis
Economy
Turkey raises minimum wage as inflation spirals out of control
Turkey on Friday substantially raised the minimum wage for the second time in a year to cushion the blow from...
- Turkish currency has lost half its value against the dollar in the past 12 months, which has fueled price rises on imported goods
- Economists warn that substantially raising the pay of a large swathe of the population in Turkey is an inflationary measure
Economy
Ambitious action required to protect oceans: UN
Oceans produce half the oxygen we breathe, regulate the weather and provide humanity's single largest source of protein.
- Oceans produce half the oxygen we breathe, regulate the weather and provide humanity's single largest source of protein
- Today, a patchwork of agreements and regulatory bodies govern shipping, fishing and mineral extraction from the sea bed
Economy
UAE-Indonesia CEPA to launch new era of strategic cooperation: Emirati ministers
The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started,...
- The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started, following the ones signed with India and Israel in February and May, respectively
- The agreement aims to enhance the bilateral trade between the two countries and raise its total value from around US$3 billion in 2021 to US$10 billion annually within five years
Geostrategy
Ukraine asks Turkey to detain Russian cargo ship
Ukraine on Friday asked Turkey to detain a Russian-flagged cargo ship that Kyiv alleged had set off from a Kremlin-occupied...
- Kyiv's ambassador to Ankara said the ship had set sail from Ukraine's Kremlin-occupied port of Berdyansk
- The Marinetraffic.com website said the 140-metre general cargo vessel was sailing under the Russian flag
Geostrategy
Libyan protesters storm parliament building in Tobruk
Protesters stormed Libya's parliament building in the eastern city of Tobruk on Friday, demonstrating against deteriorating living conditions and political...
- While recognising "the right of citizens to demonstrate peacefully", parliament condemned "acts of vandalism and the burning" of its headquarters
- Two governments have been vying for power for months: one based in Tripoli, led by Dbeibah, and another headed by former interior minister Fathi Bashagha
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 says Hamas ‘didn’t want’ Gaza ceasefire deal as talks break down
The US president argued that the Palestinian militant group was not ready to hand over the remaining captives in Gaza...
Geostrategy
Company News
Latest News
WTO reforms essential to meet global challenges
“Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a...
Geostrategy
New Delhi confirms few Indians involved with Russian army
New Delhi, India - India's foreign ministry confirmed on Friday that some of the country's citizens had signed up for...
Geostrategy
Israel plans to allow local Palestinians administer post-war Gaza
"The plan states that Israel will move forward with its already-in-motion project to establish a security buffer zone on the...
Geostrategy
Most Read
Science
American spaceship lands on moon, images expected soon
The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...
- The Houston-based company's stock price soared by 40 percent in early trading before paring back to 24 percent.
- Intuitive Machines said Odysseus, which is the size of a large golf cart, is upright.
Business
Price of natural gas in Europe falls to a 3-year low
LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost...
- Gas reserves, which are usually drawn down during winter for heating, are at 64.7 percent of storage capacity on average in the European Union.
- Gas prices soared in 2022 and into 2023 as Russia's invasion of Ukraine made EU countries limit consumption and diversify their sources of supply.
Geostrategy
ADGM’s Registration Authority fines two firms for audit failings
ABU DHABI, UAE – The Registration Authority (RA) of Abu Dhabi Global Market has fined Baker Tilly Middle East Limited...
- The RA fined Baker Tilly US$50,000 and Sturgeon US$12,500 for serious failings and gaps in the financial audit
- The RA expects ADGM firms to conduct and prepare audit reports in accordance with professional standards.