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...
Geostrategy
Turkey to export 48 fighter jets to Indonesia, deal valued at 10 billion dollars
Turkey's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues.
Geostrategy
Economy
Rights group condemns Morocco’s ‘manual’ of press repression
The New York-based group presented the findings in a 141-page report focusing on eight journalists and public figures.
- The New York-based group presented the findings in a 141-page report focusing on eight journalists and public figures
- Two of the most prominent cases are Omar Radi and Soulaimane Raissouni, both sentenced on appeal this year on sexual abuse charges to six years and five years in jail
Geostrategy
Saudi Crown Prince ends Europe trip with deals, MoUs
Strategic partnership remains in focus as Mohammed bin Salman leaves France after heading a wide-ranging talks along with French President...
- Strategic partnership remains in focus as Mohammed bin Salman left France today after heading a wide-ranging talks along with French President Emmanuel Macron
- Earlier, a delegation of senior Saudi ministers held separate talks with their French counterparts at at the Elysée Palace
Business
Salama Coop Insurance to cut capital
The company’s shares will also reduce from 25 million to 10 million.
- Salama Cooperative Insurance Company's capital will stand at SAR 100 million
- The Saudi company’s shares will now reduce from 25 million to 10 million.
Business
Saudi construction contracts jump to $12.3 billion in Q1
Saudi Arabia has seen a staggering increase in the award of construction contracts to the tune of $12.3 billion in...
- According to a US Saudi Business Council index which tracks spending in the sector, the kingdom has bounced back strongly after the sharp drop of 2020
- The leading sector in awarded contracts yet again was oil and gas, totaling SR15.1 billion worth of contracts in the first quarter of this year
Business
Germany to partner with Egypt to build hydrogen economy
Germany is looking to partner with Egypt to build the hydrogen economy as Europe seeks to diversify away from its...
- Scholz believes electricity and hydrogen will be the key to transforming industry in Germany
- He sees a big opportunity for countries like Egypt to supply hydgrogen to Germany
Geostrategy
Israeli army chief makes first Morocco visit
Israel's army chief arrived in Morocco on Monday for meetings with senior defence officials, military sources said, as cooperation between...
- Kohavi will meet Morocco's minister delegate in charge of defence administration, Abdellatif Loudiyi, as well as the Inspector General of the Royal Armed Forces
- Morocco had cut relations with Israel in 2000 following the outbreak of the second Palestinian intifada, but re-established ties two decades later
Business
UAE, France sign several deals, MoUs in key sectors
A deal between French energy giant Total Energies and UAE's ADNOC remain the prime focus even as the two countries...
- A deal between French energy giant Total Energies and UAE's ADNOC remained the prime focus as the two countries signed about a dozen bilateral agreements and MoUs
- The UAE has emerged as a key partner for Western countries as they scramble for energy deals worldwide to replace imports from sanctions-hit Russia
Business
UAE, France discuss diesel supply to Europe
Sheikh Mohamed's visit is expected to conclude with 'the announcement of guarantees given by the UAE on quantities of hydrocarbon...
- A key facet of the trip is likely to be the unveiling of "guarantees given by the UAE on quantities of hydrocarbon supplies to France"
- MOUs and contracts are also expected to be signed in the transport and waste treatment sectors during the three-day visit
Business
Startups attract huge investments in MENA
Agritech, proptech and fintech sectors remain popular among investors as the region's startups raise nearly 76% of their capital with...
- Agritech, proptech and fintech sectors remain popular among investors as the region's startups raise nearly 76% of their capital with UAE-based firms leading from the front
- Startups in MENA countries raised US$ 323.7 million across 66 deals in June 2022, an 84 percent increase in value and a 57 percent increase in deal volume month-on-month
Business
Biden to focus on oil at summit with Arab leaders in Jeddah
US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in...
- Biden landed Friday in Saudi Arabia and met with King Salman, Crown Prince Mohammed bin Salman and other top Saudi officials
- Washington wants the world's largest exporter of crude to open the floodgates to bring down soaring gasoline prices, which threaten Democratic chances in November elections
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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...
Geostrategy
Company News
Latest News
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
Major Qatari plant to double solar capacity by 2030: Energyminister
Doha, Qatar -- A large new solar plant planned in Qatar will double the Gulf emirate's previously projected renewable energy capacity...
Business
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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.
Geostrategy
Telegram boss Durov free but charged and held in France
Paris, France -- Telegram chief Pavel Durov was spending Thursday out on bail after four days of detention in France, banned...
- Durov, 39, was charged on several counts of failing to curb extremist and illegal content on the popular messaging app which now has over 900 million followers.
- He was granted conditional release on a bail of five million euros and on the condition he must report to a police station twice a week as well as remaining in France.