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Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Saudi’s Prince Mohammed, a champion of moderate Islam, takes the reins

While Prince Mohammed has been considered the de facto leader since his appointment as heir to the throne in June...
  • The crown prince has opened Saudi Arabia to tourists and foreign investments in an effort to diversify the economy
  • He has overseen sweeping social changes, including allowing women to drive and work in the public sector

Tunisia’s president announces constitutional referendum

Kais Saied presented a roadmap for restoring democratic institutions, and announced a nationwide public consultation from January 1 until March...
  • Tunisian president has extended parliament suspension for one more year until December 2022
  • Direct meetings would be held to receive suggestions for constitutional reforms of Tunisia

Iraq bombing targeted officer who was probing activists’ deaths

At least four civilians were killed and four others wounded in Tuesday's motorcycle bombing near a hospital in central Basra....
  • Iraq has seen protests since October 2019, over allegations of rampant corruption and high unemployment rates
  • Since then, dozens of activists and protesters have been targeted in assassinations or attempted killings

ICJ orders Armenia and Azerbaijan to resolve dispute

Tensions have simmered for years over Nagorno-Karabakh, an ethnic Armenian region of Azerbaijan that broke away from Baku's control in...
  • International court of Justice tells Azerbaijan to treat all Armenian prisoners lawfully
  • Azerbaijan welcomed the ruling of ICJ, which was first formed to resolve the disputes of World War II

EU, GCC begin new era in relations

However, the recent developments show that Europe has shed this energy-supplier image of the Gulf for a more realistic and...
  • Kuwait has emerged as a major global humanitarian player and a significant mediator to sort out inter-Gulf differences
  • This has contributed to the re-evaluation by European Union leaders of their policies towards the Gulf region

Updated: US indicts Iranians for ‘meddling’ during 2020 elections

The US Justice Department has indicted two Iranians for allegedly taking part in an online "disinformation and threat" campaign during...
  • The US Treasury imposes sanctions on the two men and three others who ran the cybersecurity company they worked for
  • Kazemi and Kashian allegedly obtained confidential voter information and sent menacing emails

For Israelis, Palestinian radio broadcasts in Hebrew

"The Israeli public listens to the media that speaks to them, but they don't listen to the other side," said...
  • Jerusalem 24 transmits on 106.1 FM and has an English-only website for now but is not the first Palestinian radio to broadcast in Hebrew
  • With just six full-time journalists and hours of air time to fill, the radio station relies on long stretches of musical programming

Climate, economy, vaccines key focus of G20 talks

Leaders of the world's most advanced nations are hoping to hammer out a way forward on climate change and vaccine...
  • In their first in-person gathering since the start of the Covid-19 pandemic, the relaunch of the global economy will also be front and center on the two-day agenda
  • The stakes are high, with United Nations Secretary General Antonio Guterres warning G20 leaders to show "more ambition and more action"

Saudi recalls envoy to Lebanon over Yemen comments

Saudi Arabia ordered the "recall of the ambassador in Lebanon for consultations, and the departure of Lebanon's ambassador to the...
  • The wealthy Gulf kingdom also "decided to halt all Lebanese imports"
  • Lebanon's Prime Minister Mikati reacted quickly, saying he "regretted" the Saudi move

Tunisia most democratic among countries roiled by Arab Spring

Tunisia, where the government of former president Zine El Abidine Ben Ali was overthrown in 2011, scored 6.59 out of...
  • Tunisia, where the government of former president Zine El Abidine Ben Ali was overthrown in 2011, scored 6.59 out of ten in the 2020 Democracy index
  • Libya is now tied with Yemen at the bottom of the list, with a democracy score of 1.95 out of 10

Erdogan visits opposition party headquarters first time in 18 years

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan visited the opposition CHP party headquarters on Tuesday, the first time in 18...

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Saudi Crown Prince and Iran foreign minister discuss bilateral relations

Iran's foreign minister met Saudi Arabia's Crown Prince Mohammed bin Salman during his first visit since the Middle East rivals...

Another Trump indictment looms as grand jury hears election case

Atlanta, United States - Prosecutors investigating Donald Trump's efforts to overturn the 2020 election in the US state of Georgia were...

Nearly 14m children in Sudan need aid, says UNICEF

NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support...

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Quran set alight at protest outside Sweden parliament

Two men set the Quran alight outside parliament in Stockholm at a protest similar to previous ones that have sparked...
  • Sweden has already seen its diplomatic relations with several Middle Eastern nations strained over previous protests involving Quran desecrations.
  • Swedish police have previously stressed they only grant permits for people to hold public gatherings and not for the activities conducted during the events.

Morocco king appeals for normalcy in ties with Algeria

RABAT, MOROCCO -  Morocco's King Mohammed VI has expressed hope for a return to normality and reopening of borders with North...
  • The borders have been closed since 1994, leaving families divided after Morocco accused its neighbor of involvement in an attack.
  • Since then, tensions have persisted between the regional rivals, exacerbated by their dispute over Western Sahara.

Dutch museum exhibit on Egypt causes anger in North African country

LEIDEN, NETHERLANDS - In a Dutch museum the sound of hip-hop blares out next to sarcophagi and statues, in what curators...
  • Egypt's antiquities service said the museum is "falsifying history" with its "Afrocentric" approach, which seeks to appropriate Egyptian culture.
  • The museum said there had been a "commotion about this exhibition, because it shows Egyptian culture through the eyes of artists with African roots."