Shipping service connecting India, South East Asia with Saudi Arabia comes up
RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
Business
Leader of US Senate calls for election in Israel
The leader of the US Senate called for Israel to hold new elections in the most strident criticism yet by...
Geostrategy
Geostrategy
Iran executes two more men in connection with protests
PARIS, FRANCE - Iran on Saturday executed two men for killing a paramilitary force member during unprecedented protests sparked by the...
- The latest hangings double the number of executions to four over the nationwide protests.
- Two men were put to death in December, sparking global outrage and new Western sanctions against Iran.
Market Report
Stocks mostly rise ahead of key US jobs data
Stock markets mostly advanced as traders awaited key US jobs data and after news of falling inflation in the eurozone....
- The Fed along with central banks worldwide last year kickstarted a string of aggressive rate hikes to battle decades-high inflation.
- Official data showed that annual inflation in the eurozone dropped for a second month in a row, to 9.2 percent in December.
Geostrategy
Iran arrests journalist who interviewed inmates’ families, says media
TEHRAN, IRAN - Iranian authorities have arrested a journalist who published interviews with families of death row inmates sentenced in connection...
- 14 Iranians have been sentenced to death in connection with the unrest triggered by Mahsa Amini's death in custody on September 16.
- Foreign-based rights groups and campaigners say dozens more protesters face charges punishable by death.
Arts & Culture
Saudi Arabia gets first female international football referee
RIYADH, SAUDI ARABIA - Saudi Arabia's first female international referee was appointed by FIFA on Thursday, less than a year after...
- Opportunities have started to open up in women's sport including a women's football league that started in November 2021.
- Saudi Arabia has applied to hold the Women's Asian Cup in 2026 and is the sole bidder for the men's version in 2027.
Business
Sustainability key for next-gen data center models
At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about...
- At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about 3 percent of the world’s electricity usage
- Data centers must operate as efficiently and sustainably as possible to eliminate any potential harm to the environment.
Arts & Culture
Tearful Brazil bids farewell to its favorite son Pele
President Luiz Inacio Lula da Silva led the tributes as Brazil said its final farewell to football legend Pele, widely...
- Born Edson Arantes do Nascimento, Pele exploded onto the scene at age 15, when he made his professional debut with Santos.
- He went on to win the World Cup three times with Brazil, in 1958, 1962 and 1970 - the only player in history to achieve the feat
Economy
France begins testing Chinese arrivals to track Covid variants
France joins other states including the United Kingdom, Italy and the United States in testing arrivals from China, four weeks...
- As of Sunday, visitors from China must wear a mask and be prepared to submit to a test on arrival, which will be done at random
- Then from Thursday travelers will also have to present a negative PCR or antigen test undertaken less than 48 hours before their flight
Arts & Culture
World leaders rue loss of former Pontiff Benedict XVI
Russia's President Vladimir Putin said he was "an eminent religious and state figure, a convinced defender of traditional Christian values".
- France's President Emmanuel Macron said the ex-pope "strove with soul and intelligence for a more brotherly world"
- Germany's Chancellor Olaf Scholz hailed the German former pontiff as a "special church leader" who helped shape the Catholic church
Arts & Culture
Former Pontiff Benedict XVI dead at the age of 95
Former pope Benedict XVI has died at the age of 95, the Vatican announced almost a decade after he became...
- "With sorrow I inform you that the Pope Emeritus, Benedict XVI, passed away today at 9:34 in the Mater Ecclesiae Monastery in the Vatican," Vatican spokesman Matteo Bruni said
- His health had been declining for a long time, but the Vatican revealed on Wednesday that his situation had worsened, while Francis called for Catholics worldwide to pray for him
Geostrategy
Iran summons Italian envoy in rebuke over protests
TEHRAN, IRAN - Iran has summoned the Italian ambassador to protest "interventionist" policies, the foreign ministry said late Thursday, a day...
- The Islamic republic has been gripped by protests since the September 16 death in custody of Mahsa Amini, a 22-year-old Iranian Kurd.
- Iran says hundreds of people have been killed in the unrest, including members of the security forces, and thousands have been arrested nationwide.
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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
Shipping service connecting India, South East Asia with Saudi Arabia comes up
RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
Business
Company News
NMDC, AD Ports Group ink MoU
Business
Latest News
Global trade likely to decline in 2023 due to changing trade patterns, geopolitics
DUBAI, UAE - The outlook for 2024 remains “highly uncertain and generally pessimistic,” UNCTAD says in the Global Trade Update,...
Economy
PM issues law forming Dubai Investment Fund to oversee government investments
DUBAI, UAE – Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has issued Law...
Business
Russia, Saudi say sovereign Palestine state vital for regional peace
RIYADH, SAUDI ARABIA – Russia and Saudi Arabia expressed concern on the present situation in Gaza and said that a...
Geostrategy
Most Read
Geostrategy
Joint ministerial committee meets US secretary of state
Washington, US – A committee of the Joint Arab-Islamic Extraordinary Summit under the chairmanship of Prince Faisal bin Farhan bin...
- A ministerial committee led by Saudi foreign minister holds discussions with US Secretary of State.
- The committee asked the US to influence Israel and called for an immediate ceasefire in Gaza.
Geostrategy
IMF, UAE, other countries meet on anti-money laundering, counter terrorism financing
ABU DHABI, UAE - International Monetary Fund (IMF), in collaboration with the UAE Executive Office of Anti-Money Laundering and Counter...
- Participants from 15 countries and organizations took part in the meeting.
- They agreed on strong collaboration among AML/CFT supervisory agencies.
Geostrategy
Mahsa Amini’s family blocked from leaving Iran for EU rights prize
PARIS, FRANCE - The family of Mahsa Amini, the Iranian Kurdish woman who died in custody, have been banned from traveling...
- Her family's lawyer in France, Chirinne Ardakani, said that Amini's parents and brother had been prohibited from boarding a flight.
- She said the family had been banned from leaving Iran despite having a valid visa, and their passports had been confiscated.