Houthis take control of key Bab el-Mandab island
A drone attack originating from Iraq leads to the closure of Saudi Arabia's key oil pipeline, prompting Baghdad to order...
Geostrategy
US and Iran exchange attacks on oil tankers, warships as oil heads to $100
The US military said it destroyed five Iranian crude oil carriers after Iran’s Islamic Revolutionary Guard Corps (IRGC) launched ballistic...
Geostrategy
Business
Gulf tourists say Polish mountain town is a cool place
Zakopane, Poland -- Saudi photographer Fahad Alayyash gazed over the Alpine-like panorama of the Tatras, Poland's highest mountain range --...
- Up to seven flights fly daily from the Gulf region at nearby Krakow Airport.
- Arab customers constitute up to 30 percent of all summer guests at his five-star hotel in Zakopane.
Geostrategy
Palestinian mother ‘destroyed’ after image used to deny Gaza starvation
Montreal, Canada - Palestinian-Canadian Faiza Najjar was able to leave Gaza last year, but could not bring her four adult...
Geostrategy
Netanyahu floats ‘allowing’ Palestinians out of Gaza as mediators renew truce push
For Palestinians, any effort to force them off their land would recall the "Nakba", or catastrophe -- the mass displacement...
- Past calls to resettle Gazans outside of the war-battered territory, including from US President Donald Trump, have sparked concern among Palestinians and global community
- Netanyahu defended his war policies in a rare interview with Israeli media, broadcast shortly after Egypt said Gaza mediators were leading a renewed push to secure a 60-day truce
Geostrategy
Zelensky says US summit in Alaska a ‘personal victory’ for Putin
Ukrainian President Volodymyr Zelensky said Tuesday that Russian counterpart Vladimir Putin had scored a "personal victory" by getting invited to...
- Zelensky also ruled out withdrawing troops from Ukraine's eastern Donbas region as part of a peace deal, after Trump said he and Putin might negotiate a land swap to end the war
- The summit, set to take place in Alaska on Friday, will be the first between a sitting US and Russian president since 2021 and comes as Trump seeks to broker an end to Ukraine war
Geostrategy
The Elders group of global leaders terms Gaza situation ‘unfolding genocide’
The London-based group also called for the "recognition of the State of Palestine", but added "this will not halt the...
- "What we saw and heard underlines our personal conviction that there is not only an unfolding, human-caused famine in Gaza. There is an unfolding genocide," it added.
- "Transfers of arms and weapons components to Israel must be suspended immediately," it added, saying Prime Minister Benjamin Netanyahu should be sanctioned.
Geostrategy
Iran security chief meets officials in Iraq before Lebanon visit
Ali Larijani, the head of Iran's top security body, met with senior officials in Iraq on Monday, ahead of a...
- Tehran has suffered a series of blows in its long-running rivalry with Israel, including during 12 days of open war between the two countries in June
- Israel, briefly joined by the United States, struck Iranian nuclear facilities, while Israel has also devastated Hamas and Hezbollah since late 2023
Geostrategy
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...
- Companies frequently own bitcoin to take part in sector activities such as "mining", which refers to the process of validating transactions in exchange for digital tokens
- Other players who had core operations totally unrelated to cryptocurrency, such as Japanese hotel business MetaPlanet, have switched to buying bitcoin
Geostrategy
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...
- The State Department listed the Baloch Liberation Army (BLA) as a foreign terrorist organization, which makes it a crime in the United States to provide support to the group
- Washington had already listed the BLA under the less severe label of specially designated global terrorists, which targets financial resources
Geostrategy
UN, media groups condemn Israel’s deadly strike on Al Jazeera team in Gaza
Dozens of Gazans stood amid bombed-out buildings in the courtyard of Al-Shifa Hospital in Gaza City to pay their respects...
- Hospital director Mohammed Abu Salmiya said a sixth journalist, freelance reporter Mohammed Al-Khaldi, was killed in the strike that targeted the Al Jazeera team.
- Mourners including men wearing blue journalists' flak jackets carried their bodies, wrapped in white shrouds with their faces exposed, through narrow alleys to their graves.
Geostrategy
Norway sovereign fund drops investments in 11 Israeli companies
Oslo, Norway -- Norway's sovereign wealth fund, the world's largest, said Monday that it was selling its investments in 11...
- Nicolai Tangen, chief of Norges Bank Investment Management (NBIM), which manages the fund, said the decision was taken "in response to extraordinary circumstances".
- Norway's wealth fund is the biggest in the world with a value of around $1.9 trillion, with investments spanning the globe.
Houthis take control of key Bab el-Mandab island
A drone attack originating from Iraq leads to the closure of Saudi Arabia's key oil pipeline, prompting Baghdad to order...
Geostrategy
Company News
Latest News
Trump claims war powers law doesn’t apply as Iran hostilities ‘terminated’
US President Donald Trump has told Congress that he does not need authorisation for military action against Iran, arguing that...
Geostrategy
Khamenei signals Iran control over Strait of Hormuz, rejects US role
Iran’s supreme leader Ayatollah Mojtaba Khamenei has issued a strong statement asserting that the United States should have no role...
Geostrategy
Pentagon puts Iran war cost at $25 Bn; Hegseth clashes with lawmakers
The Pentagon has estimated that the ongoing Iran war has cost the United States $25 billion and claimed 14 American...
Geostrategy
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Geostrategy
UAE quits OPEC, reshaping global oil politics
The decision marks one of the most significant ruptures in the producer group's recent history. Long viewed as one of...
- UAE Energy Minister Suhail al-Mazrouei said the decision followed a careful review of current and future energy policies.
- For years, the UAE has invested heavily in expanding its oil production capacity, seeking to raise output to around 5 million barrels per day by 2027.
Geostrategy
Next wave of global competitive advantage lies in tech combinations: WEF
Eight technology domains, including AI, robotics, engineering biology and advanced materials are no longer advancing in isolation.
- The United States alone could face a shortfall of between 10,100 and 19,900 surgeons by 2036.
- Organizations are urged to assess where bottlenecks sit in their value chains, determine which technology combinations could shift those constraints.
Geostrategy
Trump claims Iran in ‘state of collapse’, says Tehran wants blockade lifted
US President Donald Trump has claimed that Iran is in a “state of collapse” and said Tehran has approached Washington...
- Speaking amid escalating tensions, Trump said Iran wanted the restrictions removed “as soon as possible”.
- The remarks come as Washington continues its maximum pressure campaign against Tehran, targeting its economy, trade routes and oil exports

