Global football stars choose Red Sea destination for holiday
TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro...
Business
Russia says ‘evidence’ links Ukraine to Moscow attack
MOSCOW, RUSSIA - Russia said on Thursday it had evidence the perpetrators of last week's massacre at a concert hall outside...
Geostrategy
Geostrategy
EU chief wants global experts panel to confront AI challenges
Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific...
- Von der Leyen said the proposed AI group should be similar to the UN's IPCC panel, whose reports establish scientific consensus on climate change.
- The EU is leading the charge on regulating AI, and aims to green light what would be the world's first law covering the technology by the end of the year.
Geostrategy
Normalization of Israeli-Saudi ties hit Palestine, security barriers
Despite Israel's strong determination and increasing US mediation efforts, the establishment of diplomatic relations between Tel Aviv-Riyadh still face serious...
- The Chinese-mediated restoration of diplomatic ties between Saudi Arabia and Iran served as a catalyst for US efforts to advance Tel Aviv-Riyadh ties.
- For Israel, the normalization of relations with Arab countries has remained an important strategic goal for years.
Geostrategy
WFP warns fund cuts could push 24m people to brink of starvation
Geneva, Switzerland - The World Food Program said Tuesday that shrinking funding was forcing it to drastically slash rations in many...
- WFP said it had been struggling to meet growing global needs for food assistance while facing a funding shortfall of over 60 percent this year.
- WFP estimates that 345 million people worldwide are facing acute food insecurity, at level three or higher on the UN's five-scale food insecurity classification.
Geostrategy
Building less, repurposing more key to low construction sector emissions
The industry is responsible for 37 percent of global carbon dioxide emissions and growing urbanization is spurring the construction of...
- Mushrooming urban environments -- which add new buildings in an area equivalent in size to Paris every five days -- damage life-sustaining ecosystems.
- Building less and repurposing existing structures generates 50-75 percent fewer emissions than new constructions, a report said.
Business
ENEC inks MoU with OSGE
Aim is to help in decarbonization of the Polish power sector.
- One of the aims of the agreement is exploring opportunities to invest in Small Modular Reactors.
- Nuclear energy is recognised by both the UAE and Poland as an essential clean energy resource.
Geostrategy
IsDB to finance projects worth US$800m in member states
JEDDAH, SAUDI ARABIA - The Board of Executive Directors (BED) of the Islamic Development Bank (IsDB) approved to finance projects...
- The aid will contribute to ameliorate the socio-economic challenges faced by the people and will help in achieving significant SDG targets.
- IsDB had made an emergency intervention to support the communities affected by the conflict in Sudan.
Geostrategy
Countries must cooperate to battle sandstorm threat, say UN, Iran
Countries in the Middle East, Africa and Asia must work together to combat sand and dust storms made increasingly severe...
- According to meteorologists, sand and dust storms are expected to increase in countries most vulnerable to climate change.
- Iran, co-organizer of the two-day gathering, is one country where such storms are increasingly numerous.
Geostrategy
G20 adopts Leader’s Summit declaration, says Indian PM Modi
NEW DELHI, INDIA- Indian prime minister and G20 host Narendra Modi said on Saturday the body had reached consensus on...
- "Because of our team's hard work, and with your support, there is a consensus on the New Delhi G20 Leaders' Summit declaration," the Indian Prime Minister said.
- Finding consensus among members has been increasingly difficult in recent years, with key G20 members deeply divided over Russia's war in Ukraine.
Geostrategy
UAE President, Indian Prime Minister discuss strengthening bilateral, trade ties
NEW DELHI, INDIA - UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi met to...
- The meeting was held on the sidelines of the 18th Group of 20 (G20) Heads of State and Government Summit in New Delhi.
- The two sides also exchanged views on various regional and international developments of mutual interest.
Business
Jordan-ASEAN Economic Forum to be held in March 2024, says ACC
AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with...
- ACC will host the forum, in cooperation with Malaysia, Indonesia, the Philippines, Thailand and Sultanate of Brunei.
- Trade exchanges between Jordan and ASEAN grew by 42 percent during 2022, compared to 2021, ACC's statistical data said.
Global football stars choose Red Sea destination for holiday
TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro...
Business
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UAE to provide US$10m grant to support WTO initiatives, says foreign minister
ABU DHABI, UAE – Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan has announced that the UAE...
Geostrategy
American spaceship lands on moon, images expected soon
The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...
Science
Stock markets diverge before Nvidia results, Federal Reserve minutes
Stock markets diverged as traders awaited earnings from US tech darling Nvidia, in addition to minutes from the Federal Reserve...
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WHO registers eighty percent rise in measles case
Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...
- At least 95 percent of children need to be fully vaccinated against the disease in a locality to prevent outbreaks, but global vaccination rates have slipped to 83 percent.
- WHO official Crowcroft pointed out that 92 percent of all children who die from measles live among less than a quarter of the global population, mainly in very low-income countries
Geostrategy
Global operation smashes ‘most harmful cyber crime group’
LONDON, UK - An international operation led by UK and US law enforcement has severely disrupted "the world's most harmful cybercrime...
- LockBit and its affiliates have targeted governments, major companies, schools and hospitals, causing billions of dollars of damage.
- LockBit's website -- selling services that allow people to organize cyber attacks and hold data until a ransom is paid appears -- was taken over.
Business
Iran-EU trade surpasses US$5bn in 2023, says Eurostat
TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...
- Trade between Iran and member states of the EU recorded a decrease of 9 percent from January to December 2023.
- During that period, the exchange of products between Iran and the EU member states was valued at US$5 billion.