European powers plan fresh nuclear talks with Iran
Berlin, Germany -- Britain, France and Germany are planning to hold fresh talks with Iran on its nuclear programme in...
Geostrategy
Ceasefire order fails to halt fighting in Syria’s Druze heartland
Sweida, Syria - Syrian Bedouin and their allies fought Druze fighters in the community's Sweida heartland for a seventh day...
Geostrategy
Business
Sanctions hit Russia, Iran to boost cooperation in energy and trade
Tehran and Moscow are seeking to expand cooperation in energy and trade, officials said Wednesday, as Russian Deputy Prime Minister...
- Both countries have huge oil and gas reserves but are constrained by sanctions imposed by the West.
- The two countries vowed to increase the use of their national currencies in their trade exchange.
Expo 2020 DUBAI
Saudi authorities foil bid to smuggle amphetamine tablets: Official
Saudi Arabian authorities said Wednesday that they thwarted an attempt to smuggle 403, 000 amphetamine tablets into the kingdom. An...
- The tablets were seized from a Syrian national, who is also a citizen of Jeddah governorate.
- All the tablets were hidden inside a shipment of beans in plastic molds in the form of bean pods.
Business
Seeking new start, Russian professionals set up shop in Dubai
Entrepreneurs, lawyers and art dealers are among those flocking to the financial hub in the oil-rich United Arab Emirates, which...
- They are attracted by the ease of setting up a business, and the prospect of better opportunities as sanctions bite at home -- and a more welcoming environment.
- The city, with its luxury hotels and tourist facilities, is well known to Russians as a high-end destination for the wealthy, particularly those interested in real estate.
Geostrategy
Pfizer offers to sell medicines at cost to poorest countries
US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs on a not-for-profit basis to the world's...
- The announcement came as part of a new initiative, An Accord for a Healthier World, announced at the World Economic Forum in Davos.
- The accord focuses on five areas: infectious diseases, cancer, inflammation, rare diseases and women's health -- where Pfizer currently holds 23 patents.
Geostrategy
Iraqi arrested in plot to kill ex-president Bush
Shihab Ahmed Shihab, 52, told an FBI informant that he wanted to smuggle at least four other Iraqis into the...
- Shihab Ahmed Shihab, 52, told an FBI informant that he wanted to smuggle at least four other Iraqis into the country over the border with Mexico to undertake the plot
- He was was arrested early Tuesday and was charged in federal court with an immigration crime and aiding and abetting the attempted murder of a former US official
Geostrategy
US warns Turkey against new Syria offensive
The United States on Tuesday warned Turkey against launching a new military operation in northern Syria, saying the uneasy NATO...
- "We are deeply concerned about reports and discussions of potential increased military activity in northern Syria," State Department spokesman Ned Price told reporters
- Turkey has launched three offensives into Syria since 2016 aimed at crushing Syrian Kurdish fighters who assisted the US-led campaign against the Islamic State group
Geostrategy
Aggrieved workers drop lawsuit against Bangladeshi Nobel laureate
More than 100 lawsuits had been filed against GT by workers, along with three contempt-of-court charges against Yunus and another...
- Grameen Telecom (GT) and its senior managers were sued by workers who claimed the company had unfairly deprived them of profit shares.
- Lawyers for GT proposed the settlement after workers lodged an application to dissolve the company in the country's High Court.
Economy
Global issues slowing down labor market recovery: ILO
Labor incomes have not yet recovered for the majority of workers. In 2021, three in five workers lived in countries...
- The sharp rise in vacancies in advanced economies led to a tightening of labor markets with a growing number of jobs available relative to job seekers.
- But, it dropped in Q1 2022 to 3.8 percent below pre crisis benchmark (Q4 2019), amounting to a deficit of 112 million full-time jobs.
Business
UAE firm inks airport deal as Afghanistan eyes international flights
A United Arab Emirates company signed a contract with the Taliban authorities Tuesday to provide ground handling services at Afghanistan's...
- UAE firm GAAC, which was previously operating in Afghanistan, signed a new 18-month contract covering three airports: Kabul, Kandahar and Herat.
- GAAC has provided ground handling services at Kabul airport since November 2020, and played a key role in rehabilitating the facility in August.
Geostrategy
Duda: Fighting Russia Ukraine’s ‘national choice’
The Polish president warned of a crisis if Ukraine is unable to export grains to North Africa and other countries....
- The WEF panel discussion, The Geopolitical Outlook, at Davos focused on what would the long-term consequences be for the world's great powers and smaller states in their regions.
- Prince Faisal bin Farhan Al Saud, for his part, stated that cooperation and dialogue are essential in confronting all regional and global issues.
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
European powers plan fresh nuclear talks with Iran
Berlin, Germany -- Britain, France and Germany are planning to hold fresh talks with Iran on its nuclear programme in...
Geostrategy
Company News
Latest News
Qatar’s ties with Iran closer than ever: Sheikh Tamim bin Hamad
Doha, Qatar-- Qatar's Emir Sheikh Tamim bin Hamad Al Thani has affirmed that the ties between Qatar and Iran have...
Geostrategy
Israel army shows video it says is of Hamas’s Yahya Sinwar in tunnel
It was unclear from the footage where the tunnel was located, but in recent weeks the Israeli military has pounded...
Iran fires first ship-based long-range ballistic missiles
TEHRAN, IRAN - Iran's Islamic Revolutionary Guard Corps (IRGC) said on Tuesday it has launched long-range ballistic missiles from a warship...
Geostrategy
Most Read
Geostrategy
Displacement, health crisis in Sudan is alarming, says WHO
GENEVA, SWITZERLAND – Acting WHO Representative in Sudan Peter Graaff has said that the humanitarian and health crisis in the...
- Sudan is now facing the largest displacement crisis globally, with a staggering 8 million people displaced.
- The majority of those affected, including women and children, are compelled to embark on days-long journeys to escape violence.
Geostrategy
Israeli air strike wounds Hizbollah official in Lebanon
Hizbollah and Israeli army have traded near-daily fire since war broke out on October 7 between Israel and the Palestinian...
- Hizbollah also said four of its fighters were killed in an Israeli strike
- Cross-border fire since the start of the Israel-Hamas war has killed at least 238 people in Lebanon
Geostrategy
UN ‘won’t be party’ to forced displacement in Gaza: spokesman
Israeli Prime Minister Benjamin Netanyahu has ordered his military to prepare for an offensive in the southern Gaza city, where...
- Israeli prime minister pledged to provide "safe passage" for civilians out of Rafah
- Guterres' spokesman said that people can't go back to areas littered with unexploded ordnance