Russia brushes off talks after largest ever drone and missile barrage on Ukraine
Russia on Friday said that it sees no immediate diplomatic way out of the war in Ukraine, hours after pummelling...
Geostrategy
Russia becomes first country to recognise Taliban
Afghanistan's government said on Thursday that Russia had become the first country to officially recognise its rule, calling it a...
Geostrategy
Geostrategy
Germany voices opposition to postponing Iran nuclear deal
Israel has said that regardless of any agreement that may be reached in Vienna, it would maintain full freedom to...
- The latest round of negotiations to salvage Iran's 2015 nuclear deal started in late November
- The deal, known as the Joint Comprehensive Plan of Action (JCPOA), secured sanctions relief for Iran
Geostrategy
Two years into the pandemic, is the end in sight?
Scientists warn that potential new variants and unequal vaccination rates threaten any long-awaited return to normality.
- Under the "reasonable best-case" scenario, there will be smaller regional or seasonal outbreaks, as the higher Covid numbers lead to fewer flu cases.
- In the meantime, the WHO emphasizes that the best way to end the acute phase of the pandemic is for rich countries to share their doses rather than boost their populations again.
Geostrategy
On land and sea, climate change causing ‘irreversible’ losses: UN
Climate change has already caused "irreversible losses" for Nature, UN experts have said, warning that if emissions are not cut...
- Many natural systems have already reached or are close to the limit of their ability to cope with the effects of a warming planet.
- The Earth is already believed to be entering its sixth mass extinction, driven by humanity's overconsumption and comprehensive destruction of species and habitats.
Geostrategy
UAE makes $5m donation to UN’s Humanitarian Plan for Ukraine
The United Arab Emirates has offered $5 million in assistance to Ukraine to tide over problems suffered by civilians in...
- The contribution is made to the United Nations’ Humanitarian Flash Appeal and the Regional Refugee Response Plan for Ukraine
- The UAE has underscored the importance of focusing on the deteriorating humanitarian situation for civilians
Geostrategy
Lebanese long for IS-linked relatives stuck in Syria camps
Lebanese families are lobbying authorities to return their relatives held in Syria.
- Hundreds of Lebanese joined IS since the war began in 2011 for 'financial motives'
- UN has warned of deteriorating security conditions in Al-Hol shelters in Syria which shelters around 56,000 displaced people
Economy
World Bank preparing $3 bn emergency aid package for Ukraine
The IMF and the World Bank have promised to provide financial support to Ukraine, saying that they are saddened by...
- The World Bank will provide $350 million immediately to alleviate Ukraine's humanitarian crisis
- The IMF has said it will consider Ukraine's latest request for emergency financing 'as early as next week'
Israelis, Arabs, Iranians in harrowing exodus from Ukraine
More than 10,000 Arab students have also attended university in Ukraine, drawn to the former Soviet republic by its low...
- The evacuees had been forced to make harrowing escapes through the war zone to board flights in neighboring countries
- They had to do this after Ukraine closed its airspace to civilian traffic at the start of the invasion by Russia last week
Economy
World Bank announces more than $1bn in aid for Afghanistan
The objective of the new aid provided by World Bank is to "protect vulnerable Afghans and help preserve human capital...
- The World Bank has redirected the funds to UN and UNICEF in response to the humanitarian crisis in Afghanistan
- Multi-donor fund ARTF has coordinated international aid to improve the lives of millions of Afghans until the Taliban took over
Geostrategy
Biden slams ‘dictator’ Putin and his war in Ukraine
US President Joe Biden on Tuesday branded his Russian counterpart Vladimir Putin a "dictator" facing withering economic and diplomatic isolation...
- Biden made clear there would be no US boots on the ground in the week-old war on Europe's doorstep
- "A Russian dictator, invading a foreign country, has costs around the world," Biden said
Business
Egypt’s Suez Canal Authority announces hike in passage tolls
Egypt's Suez Canal Authority announced Tuesday additional tolls for transiting vessels including fuel tankers, as oil prices soar in the...
- Petroleum gas tankers will see a 10 percent hike on passage fees while liquefied natural gas carriers and general cargo ships will incur a seven percent increase.
- Ships carrying petroleum products will be hit with a five percent rise under the new tolls, which are effective immediately.
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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
Russia brushes off talks after largest ever drone and missile barrage on Ukraine
Russia on Friday said that it sees no immediate diplomatic way out of the war in Ukraine, hours after pummelling...
Geostrategy
Company News
Latest News
Israel far-right minister slams Qatar over Hamas attack
Finance Minister Bezalel Smotrich commented after Prime Minister Benjamin Netanyahu was caught on tape allegedly telling hostages' families this week...
ECB to urge patience on rate cuts in battle against inflation
The central bank is tipped to leave rates unchanged for a third consecutive meeting, keeping the benchmark deposit rate at...
Economy
Clean energy largest driver of Chinese GDP growth in 2023: report
China is the world's biggest emitter of greenhouse gases driving climate change, but it is also the top producer of...
Most Read
Geostrategy
Bahrain and South Korea seek to bolster economic, parliamentary ties
Manama, Bahrain--Bahrain and South Korea have reviewed ways to enhance diplomatic, economic and parliamentary cooperation and partnership to benefit the...
- The two sides looked to boost partnership in order to benefit the two countries and contribute to consolidating security, stability, economic growth in the MENA region
- The South Korean official underscored the deep friendship between the two countries, noting the steady growth of bilateral ties at the political, economic, and parliamentary level
Interview
WEF24: Unified approach key to resolve challenges
Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai...
- Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai Future Foundation tells TRENDS.
- During interview, Belhoul emphasizes the role of technology as a unifying force and discusses the Foundation's plans for research, development, and international partnerships.
Geostrategy
Qatar ‘appalled’ at alleged criticism by Netanyahu
Israeli prime minister accused Qatar of financing Hamas at a meeting this week with the families of hostages held in...
- Qatar was one of the mediators of a truce deal in November that led to the release of 105 hostages
- Its foreign ministry spokesman said his country was "appalled by the alleged remarks"