G7 to exempt US multinationals from global minimum tax
The deal will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home,...
Economy
Iran holds state funeral for top brass slain in Israel war
Iran held a state funeral Saturday for some 60 scientists and commanders killed in its war with Israel, after its...
Geostrategy
Geostrategy
Tunisian FM says Kuwait is a key player in Arab world
Tunisian Foreign Minister Othman Jerandi has lauded Kuwait for its role in finding peaceful solutions to crisis plaguing the Arab...
- “The State of Kuwait plays a leading role in using its good offices in finding peaceful solutions to the crisis inside the Arab region and beyond," he affirmed
- Jerandi commended Kuwait's efforts to achieve rapprochement among the Gulf Cooperation Council (GCC) member countries
Geostrategy
UAE-trained militia vows to repel Houthi attacks in Yemen
A UAE-trained militia said Saturday some of its fighters remained on the front lines in key Yemeni conflict zones as...
- The Giants Brigades said Friday it had begun repositioning its forces after pushing the insurgents back from oil-rich Shabwa province
- The surprise announcement followed two drone and missile attacks by the Houthis on the United Arab Emirates
Geostrategy
Iran condemns rocket attack on Baghdad airport
Iran's foreign ministry on Saturday condemned a rocket attack against Baghdad airport that took place the previous day as an...
- Six rockets were fired Friday at the Iraqi capital's airport, causing damage to one runway and two civilian planes but no casualties
- It was the latest in a string of attacks that the US blames on Iran-linked armed groups
Business
Vaccine patents accord possible in weeks, says WTO
Developing countries lagging in vaccinating their populations have been pushing for waivers on the patents on Covid-19 vaccines.
- The vaccine accord will pe possible after the EU-African Union summit on February 17-18 in Brussels
- Access to vaccine can be improved by lifting as far as possible restrictions to their distribution, says French minister
Business
Qatar looks to profit from Europe gas fears over Ukraine
Qatar ruler Sheikh Tamim bin Hamad Al-Thani has the Ukraine crisis, efforts to engage the hardline Taliban administration in Afghanistan,...
- Gas supply is a key area Europe fears could be affected if Russia takes military action in Ukraine
- Australia, Qatar, and the United States are the world's biggest exporters of natural gas used as fuel
Geostrategy
Saudis near Yemen border learn to live with Houthi fire
Houthi fire from Yemen this month on the UAE, traditionally a haven of security in a turbulent Middle East, stirred...
- Saudi defences have intercepted most of the Houthi missiles and drones targeting airports and oil infrastructure in retaliation for air strikes
- Two people were killed and seven wounded in late December in the first deadly Houthi-claimed strike in more than three years on Jizan
Business
Iran nuclear talks requires ‘political decisions’
Diplomats meet in the Austrian capital to revive the 2015 deal involving Iran, the United States, Britain, China, France, Germany...
- Restarting the latest round of talks to salvage the Iran nuclear deal apparently requires 'political decisions'
- The talks to rescue the faltering accord began in April 2021 and, after a five-month suspension, resumed in November
Analysis
5G fears: US airports land into trouble
In the United States, the 5G usage near airports have been opposed by many airlines, which claim that it may...
- Canada adopts C-band technology, same as the US, but typically restricts hazardous signals near airports.
- Several Arab countries have already embraced 5G, and others will follow once they reap the financial benefits of selling licenses to telecom companies.
Geostrategy
Iran protestors attack Afghan trucks over water rights
Protesters in Iran's southeast attacked trucks belonging to Afghan drivers during a demonstration on Friday over water rights for a...
- Demonstrators from Sistan-Baluchestan province, which shares a frontier with Afghanistan, rallied at a border crossing to protest the issue concerning the Helmand River
- The Helmand flows from the Afghan province of the same name into Lake Hamoun, which straddles the Afghanistan-Iran border
Geostrategy
Rockets target Baghdad airport, state-owned airways’ plane damaged
Six rockets were fired Friday at the Iraqi capital's airport, causing damage but no casualties, security sources said, the latest...
- Recent months have seen rocket and drone attacks target the US embassy in Baghdad's high-security Green Zone.
- The US-led coalition ended its combat mission in Iraq in December, four years after the Baghdad government declared victory over ISIS.
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G7 to exempt US multinationals from global minimum tax
The deal will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home,...
Economy
Company News
Latest News
Gaza ceasefire will not happen: Netanyahu
Geostrategy
US, UK launch new strikes on Houthi targets in Yemen
A Houthi military official told the rebels's Al-Masirah TV that fighters will continue to target Israeli ships heading to "the...
Geostrategy
Kuwait gets first non-royal foreign minister as ‘reform’ era starts
Abdullah al-Yahya, a former ambassador to Argentina, was named in the coveted role as part of a hand-picked cabinet of...
Geostrategy
Record 116 tons of cocaine seized at Belgium’s Antwerp port in 2023
Vlissingen, Netherlands - Cocaine seizures at the Belgian port of Antwerp, the top gateway into Europe for mainly South American drug...
Geostrategy
Most Read
Geostrategy
Israeli army shoots seven Palestinians dead in West Bank
Since the start of the Israel-Hamas war in Gaza on October 7, the West Bank has experienced a level of...
- The Palestinian Red Crescent said an Israeli strike killed four people inside Tulkarem camp early in the morning
- In a separate strike near Balata refugee camp, east of Nablus, Palestinian news agency Wafa reported three men were killed
World Economic Forum
WTO head ‘less optimistic’ for world trade due to Red Sea strikes
The head of the international trade body said weaker global economic growth, "worsening geopolitical tensions, the new disruptions we see...
- Before the outbreak of war in Gaza, the WTO had predicted trade would grow by 0.8 percent in 2023 and projected growth of 3.3 percent this year.
- "We think there are a lot of downside risks to the forecasts we had made last year of 3.3% of growth of merchandise volumes this year. So we expect weaker performance," she said.
Geostrategy
Sudan war threatens UNESCO World Heritage Site
The Regional Network for Cultural Rights said it "strongly condemns the incursion by the Rapid Support Forces (RSF)", the paramilitary...
- The Cultural Rights group said the incident, which took place on Sunday, marked the second time since December that fighting had broken out at the religious sites
- State authorities reported "an incursion by the RSF, repulsed by the air force", claiming that "calm has returned" without mentioning whether the sites suffered any damage