Hamas expresses dissatisfaction over Israel’s stance on Gaza truce
A senior Hamas official confirmed that the group's delegation in talks seeking a Gaza truce left Cairo for consultations in...
Geostrategy
Dubai International Boat Show helps in marine business
DUBAI, UAE – Dubai International Boat Show has wrapped up following a hugely successful week of high-value boat sales, important...
Business
Geostrategy
IAEA asks Russia, Ukraine to secure nuclear plant
The head of the UN atomic energy watchdog - IAEA- said he was ready to continue talks in Ukraine and...
- Fighting around Ukraine's Zaporizhzhia nuclear power plant -- Europe's largest -- has raised fears of a nuclear disaster.
- The IAEA chief said that all efforts must be made in order to prevent a nuclear accident that would add tragedy to the suffering,
Geostrategy
‘Global economy will suffer due to Ukraine war’
The world economy will take a bigger hit than previously forecast next year due to the effects of Russia's war...
- OECD Secretary-General Mathias Cormann said that the world is paying a very heavy price for Russia's aggression against Ukraine.
- Global growth stalled in the Q2 in 2022 and data in many economies now point to an extended period of subdued growth.
Geostrategy
UAE takes part in financial group meeting in Indonesia
The UAE recently participated in the fifth International Financial Architecture (IFA) Working Group meeting within the G20 Finance Track for...
- The meeting discussed issues related to global financial development and stability.
- UAE stressed on the need to work on a comprehensive regulatory framework for central digital currencies.
Geostrategy
UAE delegation attend meetings on sidelines of UNGA session
The UAE delegation attended the sixth day of high-level meetings on the sidelines of the 77th Session of the United...
- The meetings included a ministerial-level interaction with the Non-Aligned Movement.
- It also included meeting with the African Union.
Economy
‘More efforts needed for net zero carbon emissions by 2050’
More efforts are required to make the world reach net zero emissions by mid-century, according to the International Energy Agency's...
- Recent technology developments and policy actions suggest momentum is accelerating in some important regions and sectors to achieve net zero by 2050.
- Initial estimates point to 2022 being a record year for renewable electricity capacity additions, with an increase of about 340 gigawatts.
Geostrategy
Ukraine suffered nearly $1 trillion in losses since Russian invasion
The figure was equivalent to five times Ukraine's annual GDP before the invasion in February, Oleg Ustenko, economic advisor to...
- In terms of "direct and indirect costs" Ukraine had suffered "somewhere close to $1 trillion" in damages, said the official.
- The official previously estimated the damage caused by Russian forces in the first 14 days of war totaled around $100 billion.
Geostrategy
US announces $2.9 billion for resolving global food insecurity
The White House said food supplies are being dangerously disrupted by "the compounding impacts of the pandemic, the deepening climate...
- The White House said food supplies are being dangerously disrupted by "the compounding impacts of the pandemic, the deepening climate crisis, rising energy and fertilizer costs.
- The US aid "builds on the $6.9 billion in US government assistance to support global food security already committed this year," a statement said.
Dozens of pilot whales stranded in Australia, many feared dead
Aerial images showed a devastating scene of dozens of black glossy mammals strewn along a stretch of beach where the...
- Almost two years ago to the day the area was the scene of another mass stranding involving almost 500 pilot whales. Just over 100 survived
- Scientists have suggested they could be caused by pods going off track after feeding too close to shore
Geostrategy
Putin accuses European Union of blocking Russian fertilizer
Putin accused the European Union of blocking 300,000 tons of Russian fertilizer from reaching the world's poorest countries. "Our offer......
- In July, an agreement was signed which allowed Russia to export its agricultural products and fertilizer despite Western sanctions.
- The West imposed a litany of sanctions on Russia after it sent troops into Ukraine on February 24.
Geostrategy
Britain and the world bid adieu to Queen Elizabeth II
Britain said farewell to Queen Elizabeth II at a historic state funeral attended by world leaders, before a ceremonial journey...
- The gun carriage - used at every state funeral since Queen Victoria's in 1901 - was drawn by 142 junior enlisted sailors in the Royal Navy.
- The thousand-year-old church's tenor bell tolled 96 times at one-minute intervals - one for every year of her life - and stopped a minute before the service began.
Hamas expresses dissatisfaction over Israel’s stance on Gaza truce
A senior Hamas official confirmed that the group's delegation in talks seeking a Gaza truce left Cairo for consultations in...
Geostrategy
Company News
Latest News
ENEC inks MoU with OSGE
Business
Stocks extend global rally as US jobs data cements rate hopes
Hong Kong, China - Markets rallied again Monday following another strong performance on Wall Street, as below-forecast US jobs data fanned...
Market Report
$10 trn of ‘hidden costs’ on food and agriculture system per year, says UN
Paris, France - The food and agriculture system adds at least $10 trillion in "hidden costs" to the global economy every...
Economy
Russia calls for collective action to end fighting between Israel, Hamas
Russia called for "collective action" to end fighting between Israel and Hamas, including an international conference, almost a month into...
Geostrategy
Most Read
Science
AI to contribute in enhancing low-emissions development
BONN, GERMANY - Artificial intelligence (AI) can make substantial contributions to climate-resilient and low-emissions development.UN Climate Change’s Initiative on Artificial...
- UN Climate Change’s Initiative on Artificial Intelligence for Climate Action explores the role of AI as a tool for climate action in developing countries.
- It aims to deliver results both on policy and implementation, under the first joint work program of UN Climate Change’s Technology Mechanism.
Science
Global energy meet discusses way forward to net-zero emissions
VIENNA, AUSTRIA – High-level representatives from the member states of the United Nations Industrial Development Organization (UNIDO), international organizations, experts...
- The two-day forum showcased innovative technologies and transformative solutions to accelerate low-emission, climate-resilient development.
- The international event aimed to foster new partnerships to scale up investments and technology transfer to developing countries.
Geostrategy
UN rights body head criticizes rising hate sparked by Israel-Hamas war
The UN human rights chief said that he was absolutely "disgusted" by the "sharp rise in hatred globally" since the...
- "The impact of this crisis... has sent shockwaves across every region, dehumanising both Palestinians and Jews," the UN rights chief said.
- The world has witnessed a sharp spike in hate speech, violence and discrimination, deepening social fractures and polarization, he said.