UN says 70% chance that 2025-2029 average global warming will exceed 1.5C threshold
The planet is therefore expected to remain at historic levels of warming after the two hottest years ever recorded in...
Science
Morocco to reopen embassy in Syria after Assad fall
Morocco said Saturday it will reopen its embassy Damascus, closed since 2012, signalling renewed support for Syria after the overthrow...
Geostrategy
Business
Some 72% children fall victim to online threats globally: report
These were the findings of a report from Boston Consulting Group (BCG) and the Global Cybersecurity Forum (GCF), based on...
- while 83% of the children surveyed said they would turn to their parents if threatened online, only 39% of parents had been approached with concerns about online threats
- only 41% of parents would report problematic content received by their children to the police, and only 34% would report such content to their children's school
Geostrategy
France’s Macron to meet Iran’s Raisi for revival of nuclear accord
The Biden administration says the deal remains the best way to restrict Iran's nuclear program but has been increasingly pessimistic...
- Macron will meet President Ebrahim Raisi on Tuesday on the sidelines of the UN General Assembly in New York and with US President Joe Biden the next day
- Raisi, in an interview with CBS News' "60 Minutes," said he was open to a "good" deal but pressed for guarantees from Biden that the US will not again leave the accord
Business
Women complain of bias in accounting profession in MENA
In a diversity, equity, and inclusion (DE&I) study in the MENA accounting profession, 63 percent of women across each of...
- The diversity, equity, and inclusion (DE&I) research study focuses primarily on gender, nationality, and ability within the MENA region
- 83 percent of respondents with a disability and 53 percent of female respondents have left an employer due to a lack of DE&I
Business
APICO to list on Nomu
The Arabian Plastic will offer 1m shares at $7.19 per share.
- According to a bourse filing, the offering coverage was 15.43x of the total shares offered during the subscription period
- Yaqeen Capital, the financial adviser and lead manager, will finalize the required procedures with the Saudi Stock Exchange and will determine the date for listing of the shares
Economy
Saudi Arabia chairs coordination meeting of GCC labor ministers in Cairo
The meeting discussed the agenda of the 48th session in addition to a number of other issues pertaining to GCC...
- The meeting discussed the agenda of the 48th session of Arab Labor Conference kicking off on Sunday
- The conference extends until 25 September with the participation of the heads of delegations from 21 Arab countries.
Geostrategy
Israel attacks Damascus, kills five Syrian soldiers
Five Syrian soldiers were killed in an Israeli airstrike near Damascus airport, according to Syrian state media. The Syrian Observatory...
- The monitor said Israel targeted sites where Iran-backed groups are stationed near Damascus airport and in the Damascus countryside
- Israel has carried out hundreds of strikes against its northern neighbour, targeting government troops as well as allied Iran-backed forces and Hezbollah fighters
Geostrategy
UAE foreign minister meets Israeli PM, discuss ties, regional issues
The two leaders reviewed issues of common interest, regional and international developments, and ways to enhance efforts to achieve peace...
- The two leaders reviewed issues of common interest, regional and international developments, and ways to enhance efforts to achieve peace and stability in the Middle East
- The UAE FM pointed out that about half a million Israelis visited the UAE in the past two years, adding that there are about 7 to 8 flights per day between the two countries
Geostrategy
Josep Borrell says Iran nuclear talks in “stalemate”
Less than a month after signs emerged of a possible signing of the nuclear deal, EU foreign policy chief Josep...
- Last month, Borrell put a text in front of all parties that he described at the time as “final” and which he said was “best equilibrium point between the positions of everybody"
- Iran is sticking to a demand that the IAEA draw a line under a probe launched when the agency found traces of nuclear material at three undeclared sites
Economy
Saudi Arabia: AI Algorithms to help crowd management at Holy Sites
The Saudi Ministry of Interior and the Saudi Data and Artificial Intelligence Authority (SDAIA) have announced a strategic partnership for...
- The Saudi Ministry of Interior and the Saudi Data and Artificial Intelligence Authority have announced a strategic partnership for the purpose
- Efforts are on to increase the capacity to receive visitors and pilgrims, in line with the targets of the Kingdom’s Vision 2030
Business
Al-Ittefaq plans an IPO
The $2bn worth Saudi steel giant will list on Tadawul.
- The value of the company is estimated at over $2 billion
- A deal with the financial adviser to manage the company’s initial public offering is expected soon
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UN says 70% chance that 2025-2029 average global warming will exceed 1.5C threshold
The planet is therefore expected to remain at historic levels of warming after the two hottest years ever recorded in...
Science
Company News
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German foreign minister heads to Middle East in Gaza truce push
The talks will focus on "the dramatic situation in the region", and especially to discuss the issue of coordinating humanitarian...
Geostrategy
Biden, unions pile pressure on Netanyahu for hostage release deal
Jerusalem -- Pressure mounted Monday on Israeli Prime Minister Benjamin Netanyahu as a major strike was held and US President...
Geostrategy
Bahrain to introduce minimum tax for large multinationals
Beginning in January 2025, the measure will place a minimum tax of 15 percent on revenues over 750 million euros ($830...
Business
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Geostrategy
Israel set for general strike after Gaza hostages found dead
"I have come to the conclusion that only our intervention can shake those who need to be shaken," Arnon bar...
- Qatar-based Hamas official Izzat al-Rishq said the six hostages were "killed by Zionist (Israeli) bombing", an accusation the military denied.
- A senior Hamas official told AFP on condition of anonymity that "some" of the six had been "approved" for release in a potential hostage-prisoner swap.
Geostrategy
COP29 finance draft: Arab nations ask developed nations to commit $441bn
Paris, France -- The UN has published a draft on climate financing due to be presented at the COP29 in November,...
- The document is the basis for negotiating an accord that is due to be reached at COP29 in Baku under Azerbaijan's presidency.
- The EU said the "collective goal can only be reached if Parties with high GHG-emissions and economic capabilities join the effort."
Geostrategy
West Bank city ‘cut off from the world’ as Israeli assault drags on
Jenin governor Kamal Abu al-Rub told AFP that even he does not know exactly what is happening inside the camp,...
- "Neither the civil defense, nor the ambulances, nor the journalists can go and see what is happening there."
- The United Nations said on Wednesday that at least 637 Palestinians had been killed in the territory by Israeli troops or settlers since the Gaza war began.