EU imports US$120.5bn worth of energy products in Q4 2023
BRUSSELS, BELGIUM – In the fourth quarter of 2023, the EU imported US$120.5 billion (€111.3 billion) worth of energy products...
Business
US, Israel hold talks as Gaza truce plan fails at UN
Israel plans to send troops into Gaza's Rafah even without US support, Prime Minister Benjamin Netanyahu told Antony Blinken, as...
Geostrategy
Geostrategy
Japan, South Korea eye detente as North Korea threat looms
Japan's Prime Minister Fumio Kishida said his "heart aches" for Koreans who suffered under colonialism, as Seoul and Tokyo seek...
- Tokyo and Seoul have long been at odds over historic issues linked to Japan's brutal 1910 to 1945 colonial occupation of the Korean peninsula.
- Bilateral ties were torpedoed in 2018, when South Korea's Supreme Court ordered Japanese firms to compensate the wartime victims of forced labor.
Geostrategy
UAE evacuates 176 people, including media professionals, from Sudan
ABU DHABI, UAE - The UAE has evacuated 176 people from seven countries, including media professionals, from Sudan on Saturday...
- The UAE will host evacuees and provide them with all necessary support and assistance prior to their safe transfer to their home countries.
- The UAE continues the process of prioritizing the evacuation of the most vulnerable groups, including the sick, children, elderly and women.
Economy
Amman Chamber exports rises to US$565m in January- March 2023
AMMAN, JORDAN - The Amman Chamber of Commerce (ACC)'s export of goods and commodities to Arab and other countries increased...
- Jordanian exports to Iraq was of US$217 million, to Switzerland at about US$103 million in January- March 2023.
- Jordanian exports to the UAE was about US$59 million, Egypt at US$42 million in January- March 2023.
Geostrategy
WHO debates whether Covid emergency should be declared over
Since the beginning, more than 765 million confirmed cases of Covid-19 have been reported to the WHO from around the...
- The World Health Organization's emergency committee's 15th meeting on the crisis comes more than three years.
- The independent committee meets every three months to discuss the pandemic and reports to WHO chief.
Geostrategy
UN says US$445m needed to help 860,000 refugees fleeing Sudan
The United Nations said it was planning for an outflow of 860,000 people from conflict-torn Sudan, adding that $445 million...
- Over 100,000 people have already fled Sudan since deadly urban combat broke out on April 15.
- Another 330,000 people have been displaced inside Sudan, according to UN figures - and the situation is getting worse.
Geostrategy
Jordan briefs Russia on Amman’s Syria meeting
AMMAN, JORDAN - Jordan's Minister of Foreign Affairs and Expatriates Ayman Safadi on Wednesday briefed his Russian counterpart Sergey Lavrov...
- In addition to Jordan, the meeting in Amman also brought together the foreign ministers of Saudi Arabia, Iraq, Egypt and Syria.
- Jordanian foreign minister said the political solution must preserve Syria's unity, cohesion, sovereignty and meet the aspirations of the people.
Geostrategy
258m people require food aid, says UN report
PARIS, FRANCE - Some 258 million people needed emergency food aid last year because of conflict, economic shocks and climate disasters,...
- In 2022, 258 million people faced high levels of acute food insecurity in 58 countries or territories, a UN report said.
- Over 40 percent of those lived in Democratic Republic of the Congo, Ethiopia, Afghanistan, Nigeria and Yemen, the report added.
Geostrategy
Iran seizes oil tanker in Strait of Hormuz, says US Navy
Iranian forces seized a Panama-flagged oil tanker in the Strait of Hormuz, the US Navy said, the second such incident...
- A dozen Iranian Navy fast-attack craft swarmed the vessel in the middle of the strait, said a statement from the Bahrain-based US Fifth Fleet.
- The troubled but commercially vital Gulf waters, which carry at least a third of the world's seaborne oil, have witnessed a spate of incidents since 2018.
Geostrategy
Flight carrying humanitarian aid from Red Cross lands in Sudan
KHARTOUM, SUDAN - A first Red Cross plane laden with humanitarian aid on Sunday landed in Sudan, where deadly clashes between...
- The shipment took off from the Jordanian capital Amman and arrived in the eastern city of Port Sudan.
- Only 16 percent of hospitals are functioning in the capital Khartoum, according to the World Health Organization.
Arts & Culture
Ex- Indian Navy officer, sailing on UAE-registered boat, is second at Golden Globe Race 2022
LES SABLES-D'OLONNE PORT, FRANCE - UAE-registered boat Bayanat has taken second place at the Golden Globe Race 2022 (GGR) after...
- The third edition of the GGR commenced on September 4, 2022 at the picturesque Les Sables-d'Olonne port in France.
- Initially 30 sailors had enrolled for the competition, but only 16 were able to make it to the starting line.
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
EU imports US$120.5bn worth of energy products in Q4 2023
BRUSSELS, BELGIUM – In the fourth quarter of 2023, the EU imported US$120.5 billion (€111.3 billion) worth of energy products...
Business
Company News
Latest News
Complaint against Israeli President received: Swiss prosecutors
Israeli President Isaac Herzog has been targeted with a criminal complaint during a visit to Switzerland, Swiss prosecutors said, amid...
Geostrategy
Strange calls may precede Israeli attacks in Lebanon
BEIRUT, LEBANON - "Good morning, madame. This is the bank calling. Are you at home?" Since the Israel-Hamas war broke...
Geostrategy
WTO hopes to finalize fishing agreement
GENEVA, SWITZERLAND - The head of the World Trade Organization's fisheries talks voiced optimism on Tuesday about striking an agreement on...
Geostrategy
Most Read
Business
Emirates to recruit 5,000 crew members in 2024
DUBAI, UAE – Emirates will hire 5,000 people as it awaits the arrival of its fleet of Airbus A350s. The airline...
- The airline is inviting fresh graduates with internships or part-time jobs on their résumés.
- It is inviting individuals keen to embark on an exciting career travelling the globe. .
Geostrategy
Turkish strikes leaves hundreds of Syrian villages without electricity
Qamishli, Syria - Hundreds of northeast Syrian villages and towns have lost power after Turkish strikes pounded electricity stations and infrastructure,...
- The Kurdish administration said Turkey launched a slew of strikes since Friday, mostly concentrated on infrastructure including power stations and oil refineries
- The semi-autonomous Kurdish administration listed hundreds of villages and towns facing blackouts due to the Turkish strikes in a statement Monday
Geostrategy
EU worried Red Sea attacks could spark inflation
European Union economy commissioner Paolo Gentiloni warned that violence in the Red Sea sparked by Houthi attacks on shipping could...
- Gentiloni said that "what is happening in the Red Sea... is not for the moment apparently creating consequences on energy prices and inflation".
- Tensions in the Red Sea have soared after the United States and Britain carried out strikes on Houthi rebels in Yemen.