105 missiles, 176 drones destroyed since start of Iranian attack: Bahrain
The Bahrain Defence Force General Command (BDF) announced that its air defence systems have continued to successfully intercept successive waves...
Geostrategy
Business
ADNOC Gas signs LNG deal
Will supply 0.5mmtpa of LNG to India's HPCL.
- The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of 6 mmtpa.
- As the world's third longest-operating LNG plant, Das Island has shipped over 3,500 LNG cargoes worldwide since starting operations.
Geostrategy
Chaos, Israel-aided gangs and gunfire: Gaza aid fails to reach most needy
Nearly 1,400 Palestinians have been killed in the Gaza Strip while waiting for aid since May 27, the majority by...
- The Israeli army is also accused of having equipped Palestinian criminal networks in its fight against Hamas and of allowing them to plunder aid.
- For more than 2 million inhabitants of Gaza the US-backed GHF has just four distribution points, which the UN describes as a "death trap".
Geostrategy
Eight OPEC+ countries raise production by 547,000 bpd to regain market share
Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, along with the Saudis and Russians currently produce about 41-42 mbd.
- Analysts said there was unlikely to be a major impact on prices, with the Brent reference oil currently selling at about $70 a barrel.
- Oil prices have held up better than observers anticipated amid strong summer demand and a high geopolitical risk premium, notably owing to conflict between Iran and Israel.
Geostrategy
Turkey starts supplying Azerbaijani gas to boost Syria’s power output
Istanbul, Turkey - Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was...
- Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can last for more than 20 hours a day
- A first phase of the Qatari scheme to fund gas supplies for power generation in Syria rolled out in March via Jordan and provided 400 megawatts of electricity per day
Geostrategy
UAE begins pipeline project to ease Gaza water shortage
Jerusalem, Undefined -- The United Arab Emirates has begun construction on a major pipeline to carry desalinated water from Egypt...
- Technical teams sent by the UAE have started transporting equipment needed for the project, the Emirati state news agency WAM reported.
- The project would link a desalination plant in Egypt to the Al-Mawasi area along Gaza's coast and could supply about 600,000 people daily, COGAT said.
Economy
Saudi Arabia, UAE rank among top 20 nations globally for AI talent density
With the goal of becoming one of the world’s top 10 countries in AI research and application by 2030, Saudi...
- King Abdullah University of Science and Technology (KAUST) enters top 150 universities globally for producing AI talent, becoming the highest-ranked university in Middle East
- Saudi Arabia offers some of the most competitive compensation packages for AI talent globally, with top scientists earning a median annual salary of USD 420,000, tax-free
Geostrategy
BRICS call for ‘unconditional’ Gaza ceasefire, condemn air strikes on Iran
The BRICS also called for a "full withdrawal of Israeli forces from the Gaza Strip and all other parts of...
- The bloc's statement came as Gaza truce talks between Israel and Hamas resumed in Doha, and as pressure mounted to end the war.
- The BRICS gathering includes Israel's arch foe Iran, but also nations like Russia, which have close ties with the country.
Geostrategy
Gaza truce talks: Netanyahu says sending a team to Qatar after Hamas nod
But Netanyahu, who is due to meet with President Donald Trump in Washington on Monday, said the Palestinian group's proposals...
- Trump has been making a renewed push to end nearly 21 months of war in Gaza, where the civil defense agency said 42 people were killed in Israeli military operations on Saturday.
- Hamas said Friday it was ready "to engage immediately and seriously" in negotiations, and was sending its responses to the truce proposal.
Geostrategy
Musk creates America Party to challenge US’s ‘one-party system’
The world's richest person -- and Trump's biggest political donor in the 2024 election -- had a bitter falling out...
- Musk has clashed with Trump over the president's massive domestic spending plan, saying it would explode the US debt, and vowed to defeat lawmakers who voted for it.
- Musk also shared a meme depicting a two-headed snake and the caption "End the Uniparty."
Iran says no plan for new US nuclear talks, plays down impact of strikes
Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and...
- Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and said it "should not be taken seriously."
- "I would like to state clearly that no agreement, arrangement or conversation has been made to start new negotiations," he said on state television
Most Read
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
Company News
Latest News
The Middle East has become our living lab for digital reinvention
In the MENA region, we see an extraordinary opportunity to shape a digitally empowered workforce aligned with national transformation agendas,...
Interview
G42 launches ‘digital embassies’ model to help governments deploy sovereign AI
Abu Dhabi-based artificial intelligence group G42 on Tuesday launched what it calls a Digital Embassies framework and an operating model...
Geostrategy
MENA’s gaming sector projected to ‘touch $6 billion by 2027
Nikita Matsokin, Executive Director of MGVC (MY.GAMES, shares his thoughts on the MENA region’s creative talent, government support, and rapid...
Interview
Most Read
Interview
UAE is converting talent, trust, and technology into a Knowledge Nation
Dr. Lolowa AlMarzooqi, Associate Vice Provost at New York University Abu Dhabi, tells TRENDS that the UAE’s real competitive edge...
- At the early childhood level, today’s learners are growing up in an environment that encourages curiosity, problem-solving, and bilingual fluency.
- By university and early-career stages, Emirati youth are more globally aware, digitally confident, and purpose-oriented than ever before.
Geostrategy
Trump threatens European nations with tariffs over Greenland
Trump aimed his ire at Denmark, a fellow NATO member, as well as several European countries that have deployed troops...
- If realized, Trump's threats against Washington's NATO partners would create unprecedented tension within the alliance.
- It was not immediately clear what authority the US leader would invoke to impose the threatened tariffs of up to 25 percent.
Economy
Saudi knowledge economy accelerates as Vision 2030 targets move within reach
The government has successfully implemented more than 900 reforms, including restructuring legal and labor frameworks, establishing new public authorities, and...
- Saudi Arabia’s digital economy is valued at $132 billion, accounting for 15 percent of GDP.
- The government has invested more than $20.7 billion in AI technologies and data center infrastructure.