Hamas says Israeli military action kills 7 hostages in Gaza
Hamas said that seven more hostages seized during its unprecedented attack on southern Israel on October 7 had died because...
Geostrategy
Iran launches imaging satellite Pars 1 from Russia
Iran announced the launch of a remote sensing and imaging satellite into orbit from Russia, according to state media. The...
Geostrategy
50 million people stuck in ‘modern slavery’: UN
The United Nations had set a goal to eradicate all forms of modern slavery by 2030, but instead the number...
- Nearly one out of every 150 people in the world are caught up in modern forms of slavery, the report said
- The Covid-19 pandemic, which worsened conditions and swelled debt levels for many workers, has heightened the risk
Business
Ethereum blockchain to undergo ‘monumental’ overhaul
Developers have spent years working on a more energy-efficient version of the ethereum blockchain, a digital ledger that underpins a...
- Experts say the changeover, expected to take place between Tuesday and Thursday, would slash energy consumption by more than 99 percent
- The ING bank said in a recent note that the switchover might help ethereum gain acceptability among policymakers and regulators
Geostrategy
Summit in UAE discusses global partnerships, prosperity
Over 200 senior officials convened in the "Ambassadors Forum", organized by the World Government Summit Organization in partnership with UAE...
- The summit discussed role of diplomacy in shaping future governments and achieving global prosperity.
- UAE Minister of Economy spoke on the critical priorities for governments in the next decade.
Science
World Green Economy Summit 2022 theme revealed
Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organization (WGEO) announced that the theme of the 8th...
- The theme reflects the UAE’s vision of advancing climate action and strengthening partnerships.
- It also reflects international efforts to achieve climate goals.
Queen Elizabeth II: trouble, strife and family life
Eight times a grandmother, and with 12 great-grandchildren, the queen loved family dinners.
- Eight times a grandmother, and with 12 great-grandchildren, the queen loved family dinners
- Family life provided the biggest shocks during her record-breaking reign
Research
UAE ranks 1st regionally in UNDP Human Development Report
The UAE has ranked 26th globally and first in the Arab world in the 2021/2022 Human Development Report, which is...
- The Human Development Index (HDI) is a summary measure for assessing long-term progress in three basic dimensions of human development.
- The three basic dimensions are a long and healthy life, access to knowledge and a decent standard of living.
Economy
UN says human progress set back five years by Covid
Depicting a gloomy picture of the state of human progress, a United Nations report argues that an unprecedented array of...
- The Human Development Index has steadily risen for decades, but began sliding in 2020 and continued its fall in 2021, erasing the gains of the preceding five years
- A large contributor to the Human Development Index's recent decline is a global drop in life expectancy, down from 73 years in 2019 to 71.4 years in 2021
Four Saudi universities among top 100 international universities
King Abdulaziz University achieved 4th place globally with 187 patents in one year.
- King Abdulaziz University achieved 4th place globally with 187 patents in one year
- King Fahd University of Petroleum and Minerals achieved 25th place with 91 patents
Science
Heatwaves and wildfires to worsen air pollution: UN
The WMO's annual Air Quality and Climate Bulletin examined the impacts of large wildfires across Siberia and western North America...
- A new WMO report cautioned that the interaction between pollution and climate change would impact hundreds of millions of people
- If emission levels remain high, this climate penalty is expected to account for "a fifth of all surface ozone concentration increase, WMO said
Market Report
Stocks push higher, but yen and euro under pressure
European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain...
- European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain surging inflation.
- Frankfurt rebounded somewhat despite news that Germany's industrial orders slumped for the sixth consecutive month in July.
Hamas says Israeli military action kills 7 hostages in Gaza
Hamas said that seven more hostages seized during its unprecedented attack on southern Israel on October 7 had died because...
Geostrategy
Company News
WTA Finals to be held in Mexico, says sports body
Arts & Culture
Latest News
Iran, Russia to invest $38bn in developing INSTC
TEHRAN, IRAN – The Iranian head of Solyanka Port in Russia said that the International North-South Transport Corridor (INSTC) is a...
Geostrategy
Saudi Arabia selected as member of UN’s AI Advisory Body
New York, United States-- United Nations Secretary-General António Guterres Friday announced the selection of Saudi Arabia to the UN Advisory...
Geostrategy
India shocked at Qatar death penalty for 8 ex-naval officers
NEW DELHI, INDIA - India said on Thursday that eight of its citizens had been sentenced to death by Qatar in...
Geostrategy
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Geostrategy
Israel army orders evacuation of northern city after Lebanon clashes
KIRYAT SHMONA, ISRAEL - The Israeli military announced plans to evacuate the northern city of Kiryat Shmona on Friday, after days...
- Lebanon's Iran-backed Hezbollah and allied Palestinian factions have traded cross-border fire with Israel for days.
- Israeli authorities have been steadily evacuating communities near the Gaza border and along the country's northern frontier.
Business
Air Arabia launches non-stop flights between UAE’s Sharjah, Egypt’s Giza
SHARJAH/ ABU DHABI, UAE - Air Arabia announced the launch of a new route operating between Sharjah and Giza city...
- The non-stop flights will connect Sharjah International Airport with Giza and will have a frequency of five weekly flights.
- British Airways announced that it will launch daily flights from London to Abu Dhabi next year.
Business
PIF announces pricing of inaugural $3.5bn global sukuk issue
RIYADH, SAUDI ARABIA - The Public Investment Fund (PIF) on Thursday successfully priced its first dollar-denominated Shariah-compliant trust certificates (sukuk).The...
- The issuance will be listed on the London Stock Exchange’s International Securities Market (ISM).
- The sukuk issuance was more than seven times oversubscribed, with orders exceeding $25 billion,