Israel warns ‘Tehran will burn’ after wave of Iranian missile fire hit Tel Aviv
Following decades of enmity and conflict by proxy, it is the first time that Israel and Iran have traded fire...
Geostrategy
Iran fires back at Israel after onslaught targets nuclear facilities
Air raids sirens and explosions rang out across Israel after Prime Minister Benjamin Netanyahu took to the airwaves to warn...
Geostrategy
Economy
Global economy to grow by 5.3 percent in 2021: UN
But if widening economic gaps between the developed world and the poor countries persists, only a few will enjoy the...
- Many developing economies are being held back by constraints on fiscal measures, lack of monetary autonomy and limited access to vaccines.
- By 2025, developing countries will be $12 trillion poorer owing to the pandemic, the report said.
Geostrategy
Iran replaces top nuclear negotiator with Raisi protégé
Analysts said the reshuffle was intended as a warning that a much tougher policy could lie ahead if talks drag...
- Analysts said the reshuffle was intended as a warning that a much tougher policy could lie ahead if talks drag on over bringing Washington back into a landmark nuclear deal
- Abbas Araghchi was one of the key negotiators of the 2015 agreement but his role in the talks will now be limited to that of ministry adviser
Economy
UN urges Egypt, Sudan, Ethiopia to resume dam talks
The Grand Ethiopian Renaissance Dam, set to be Africa's largest hydroelectric project when completed, has sparked an almost decade-long diplomatic...
- The UN’s top security body also invited observers who would be acceptable to the three parties
- The dam was the subject of a Security Council meeting in early July
Business
UN urges ‘moratorium’ on AI systems that threaten rights
UN high commissioner Michelle Bachelet presented a fresh report, which was called for by the UN Human Rights Council and...
- Bachelet calls for assessment of how AI pose risk to rights to privacy and freedom of movement and of expression.
- The UN report finds faulty AI tools have led to people being unfairly denied social security benefits and arrest of innocent people due to flawed facial recognition.
Economy
Dubai 11th popular city for investment visa programs, second for Covid safety
Henley & Partners’ Best Residence-by-Investment Cities for Business Index ranks cities according to lifestyle, tax, education, real estate, healthcare, security,...
- Dubai scored highest overall in the index in the tax category.
- The emirate was second on the index for Covid-19 safety.
Analysis
The Grand Renaissance Dam: Egypt’s Nile nemesis
Ethiopia's refusal to sign a binding agreement on the dam has dashed hopes of a settlement with Egypt and Sudan.
- Egypt's area under agriculture could lose by up to 72 percent in case of short filing of the dam.
- Ethiopia has said earlier treaties on Nile waters have undermined its rights and the dam will help in the country's development.
Geostrategy
UAE, Israel eye trillion-dollar business
The UAE marks one year since normalising ties with Israel today as the leaders hope the Abraham Accords could reap...
- The economic benefits have come quickly for the UAE and Israel after the US-brokered Abraham Accords
- Both have signed a series of deals ranging from tourism to aviation and financial services
Geostrategy
Abu Dhabi crown prince, Macron discuss bilateral ties
The two leaders discussed bilateral relations, investment opportunities, economy and culture, as well as other vital sectors, to drive sustainable...
- The two leaders review regional developments, which is likely to include Afghanistan
- The UAE has set up an air bridge to deliver tonnes of aid to Afghanistan
Geostrategy
Blinken meeting Israel, Arab states on Abraham Accords anniversary
The virtual meeting of the US Secretary of State with his counterparts from Israel, the United Arab Emirates, Bahrain and...
- The United Arab Emirates became the first Arab states in decades to normalize relations with Israel
- It was followed by Bahrain and Morocco, the latter doing it when the US recognized its claim to Western Sahara
Geostrategy
Hezbollah says Iran fuel will reach Lebanon Thursday to ease shortages
BEIRUT: Hezbollah chief Hassan Nasrallah has said that the first delivery of Iranian fuel would arrive Thursday in Lebanon to...
- Hassan Nasrallah said first shipload of fuel had reached the Syrian port of Banias.
- Hezbollah said it wanted to distribute the Iranian fuel free of charge to state hospitals, nursing homes, orphanages and the Red Cross.
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Israel warns ‘Tehran will burn’ after wave of Iranian missile fire hit Tel Aviv
Following decades of enmity and conflict by proxy, it is the first time that Israel and Iran have traded fire...
Geostrategy
Company News
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Number of journalists killed in Israel’s war on Gaza rises to 100
Dubai, UAE-- At least 100 journalists have been killed since Israel’s war on Gaza began on October 7, according to...
Geostrategy
US sees new isolation from Israel support
In one step back from the newfound isolation, the Un on Friday, after painstaking negotiations, let through a UN Security...
Geostrategy
Israeli strikes on Gaza kill 200 people in 24 hours
The high civilian toll in the latest Israeli strikes on the besieged territory comes in spite of growing calls for...
Geostrategy
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Geostrategy
US blames Iran for targeting tanker off India coast
It was the first time the Pentagon has accused Iran of directly targeting ships since the start of Israel's war...
- A Pentagon statement said Saturday's Indian Ocean attack took place around 10 am local time
- Ambrey, a maritime security firm, said the "chemical/products tanker was Israel-affiliated"
Geostrategy
Yemen warring parties agree to ceasefire: UN envoy
UN special envoy Hans Grundberg's announcement marks the latest step to end the nine-year war that has killed hundreds of...
- Grundberg said he "welcomes the parties' commitment to implement a nation-wide ceasefire
- Yemen has been gripped by conflict since Houthi rebels took control of the capital Sanaa in 2014
Geostrategy
Iran slams UN for its failure to stop Israel-Hamas war in Gaza
Iranian President Ebrahim Raisi slammed the "inefficacy" of international bodies to halt fighting between Israel and Palestinian group Hamas which...
- The UNSC resolution urged the creation of "conditions for a sustainable cessation of hostilities", without calling for an immediate end to the fighting,
- "The inability and inefficacy of international organizations has become clear to everyone in the world," the Iranian President said.