US President orders military to set up a port in Gaza for aid, say officials
President Joe Biden will tell Congress that he has ordered the US military to set up a port in Gaza...
Geostrategy
Western countries shelve plans to censure Iran at UN nuclear meet
Western powers will not censure Iran over its lack of cooperation with the UN nuclear watchdog at its Board of...
Geostrategy
Geostrategy
Iran, EU diplomatic heads meet at Jordan summit
SWEIMEH, JORDAN - Iran's Foreign Minister Hossein Amir-Abdollahian met Tuesday with EU foreign policy chief Josep Borrell on the sidelines of...
- The meeting comes at a time when negotiations in Vienna aimed at reviving the 2015 Iran nuclear deal are stalled.
- EU foreign policy chief Josep Borrell tweeted that the meeting was "necessary... amidst deteriorating Iran-EU relations".
Geostrategy
After hosting World Cup, Qatar looks to secure 2036 Olympics
During the tournament, Qatar was awarded the 2025 world table tennis championships and the opening race of the world endurance...
- The 2036 Olympics is the next big prize. The emir, Sheikh Tamim bin Hamad Al-Thani, is an IOC member and Qatar has already bid for the 2016, 2020 and 2032 Games.
- The IOC has a declared policy of rotating the Games, and the Olympics have never been held in the Middle East. Qatar could face competition from Saudi Arabia and Turkey.
Geostrategy
UAE takes part in 17th Asia Pacific Regional Meeting of ILO
SINGAPORE - The UAE has participated in the 17th Asia Pacific Regional Meeting of the International Labor Organization (ILO) in...
- Over 500 representatives of governments, labor organizations and companies from 33 countries took part in the meeting.
- The meeting discussed labor priorities and ways to promote employment in the Asia Pacific.
Arts & Culture
Argentina beat France on penalties to win World Cup
Argentina defeated France 4-2 in a penalty shoot-out to win the World Cup for the third time on Sunday. Argentina...
- France had fought back from 2-0 down and 3-2 down in extra-time to make it 3-3 and take the game to penalties.
- Messi had given Argentina the lead from the penalty spot in the first half before Angel Di Maria made it 2-0.
Science
UN nature deal calls to protect 30% of planet by 2030
MONTREAL, CANADA - A UN nature deal proposed Sunday calls to protect at least 30 percent of the planet by 2030...
- It called on wealthy countries to increase financial aid to the developing world to $20 billion annually by 2025.
- Developing countries, spearheaded by Brazil, were seeking the creation of a new fund to signal the global north's commitment to the cause.
Arts & Culture
Croatia beat Morocco to finish third at World Cup
Croatia defeated Morocco 2-1 in the World Cup third place play-off on Saturday, with Mislav Orsic curling home the winner....
- Orsic's terrific curling strike late in the first half ensured Croatia took home the bronze medal.
- Walid Regragui, the Morocco coach, said there was a lot for his team to proudly reflect on after they became the first African semi-finalists in World Cup history.
Geostrategy
UAE participates in First Framework Working Group meeting within G20 Finance Track
BENGALURU, INDIA - The UAE participated in the first Framework Working Group (FWG) meeting within the G20 Finance Track, which...
- Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the work plan for FWG in 2023.
- The meeting was also attended by G20 members, invited countries and representatives from international organizations.
Science
Climate change fuelling cholera surge, says WHO
GENEVA, SWITZERLAND - Climate change is fueling a global cholera upsurge, the WHO said Friday, warning the situation was compounded by...
- Fatality rates are extremely high for most of the countries for which the UN health agency has data.
- Cholera outbreaks can be prevented by ensuring access to clean water and improving surveillance.
Geostrategy
UN force in Lebanon calls for probe into Irish peacekeeper’s death
The United Nations' peacekeeping force in south Lebanon urged Beirut to ensure a "speedy" investigation into an Irish soldier's shooting...
- Lebanon's caretaker Prime Minister Najib Mikati and army chief Joseph Aoun visited the UNIFIL headquarters in the border town of Naqura.
- It is the first death of a UNIFIL member in a violent incident in Lebanon since January 2015,
Arts & Culture
Morocco to host Club World Cup in February, expanded event to start in 2025
DOHA, QATAR - Morocco will host the next Club World Cup in February, FIFA president Gianni Infantino announced on Friday, while...
- The Club World Cup will take place from February 1 to 11, 2023.
- The competition is set to continue in its existing format featuring the champions of the six continental federations along with the top team from the host nation.
US President orders military to set up a port in Gaza for aid, say officials
President Joe Biden will tell Congress that he has ordered the US military to set up a port in Gaza...
Geostrategy
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UAE President announces $30bn Global Climate Fund at COP28 meet
In a groundbreaking announcement at the World Climate Action Summit during the UN Climate Change Conference (COP28), UAE President Sheikh...
Geostrategy
COP28 puts spotlight on state oil giants
Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but...
Brazil to become OPEC+ member in 2024, says group
Vienna, Austria - Major producer Brazil will join OPEC+ from next year, the oil cartel announced on Thursday.Brazil is among the...
Business
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Geostrategy
Dubai Future Forum calls for creation of global framework
DUBAI, UAE: Governments and the United Nations should create an internationally adopted framework specifically designed to help solve global challenges,...
- The event examined the proliferation of AI and the future dynamics between humans and machines.
- It also discussed as to how the people and societies can adapt to rapid technological advancements.
Market Report
Stock markets on hold as investors await key US inflation data
Stock markets were mostly in wait-and-see mode as investors eyed the release this week of key US inflation data that...
- The Dow edged higher at the open, while the S&P 500 and Nasdaq drifted lower.
- With Wall Street seeing little action at the back of last week owing to the Thanksgiving break, traders had few catalysts to drive action.
Business
EDB commits US$350m for renewable energy projects in developing countries
ABU DHABI, UAE - Emirates Development Bank (EDB) has committed US$350 million (AED 1.3 billion) to support the Energy Transition Accelerator...
- The ETAF platform is a global climate finance facility established by the International Renewable Energy Agency (IRENA).
- The announcement was made during the signing of a collaborative partnership agreement between EDB and IRENA.