How are countries regulating the wild west of social media for minors?
Paris, France -- A handful of nations are trying to clean up social media with measures including robust privacy provisions and...
Geostrategy
As AI gets real, slow and steady wins the race
Companies explore AI for coding, healthcare, law, and design—yet challenges like regulation, accuracy, and cost impede widespread adoption.
Geostrategy
UAE, Oman to host T20 World Cup as cricket continues to move out of India
ICC cited the effects of the second wave of Covid-19 in India for its decision The tournament will now be...
Saudi Arabia intensifies crackdown on residency, labor violators
274,849 rulings issued, nearly 5.7 million violators arrested Passport authorities call on citizens and migrants to stop employing or sheltering...
DP World opens new container terminal at Berbera Port in Somaliland
This follows completion of the first phase of the port expansion project, which DP World has undertaken with an outlay...
Compensation deal reached over Suez Canal ship
The blockage that lasted a week had disrupted global shipping Details of the deal have not yet been disclosed ...
Public schools in UAE set to welcome back students on August 29
UAE public schools will reopen for physical learning on August 29 for the academic year 2021-22 The announcement was made...
Lebanon seizes drugs from a shipping container headed for Saudi Arabia
The consignment of millions of amphetamine pills was hidden in a shipping container Saudi Arabia had banned imports of fruit...
Egypt to soon start work on Saudi power link project
Egypt and Saudi Arabia will soon launch the African country’s electrical interconnection project This will increase grid capacity to 2,000...
Egypt lends $9.87 billion in loans to low-income customers to own homes
More than 350,000 customers benefited from the scheme launched seven years ago The National Bank of Egypt topped banks...
EGA begins planting 10,000 mangroves in Jebel Ali Wildlife Sanctuary
It has partnered with the UAE-based Storey Group’s One Billion Tree-Planting Initiative for this Mangroves, which grow in tidal...
France to invest 3.8bn euros in Egypt projects
Egypt's public transport, renewable energy sectors among 9 other projects to receive investment With the billions in financing, Egypt has...
How are countries regulating the wild west of social media for minors?
Paris, France -- A handful of nations are trying to clean up social media with measures including robust privacy provisions and...
Geostrategy
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Geopolitical tensions boost oil, weigh on equities
Market Report
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Mubadala acquires KELIX bio
Business
As international gas demand grows, Qatar eyes more long-term deals
Energy Minister Saad al-Kaabi, who is also chief executive of QatarEnergy, said the state-owned giant had secured sales of 25...
Business
Summer 2023 was the hottest in 2,000 years: study
Paris, France -- Last year's northern hemisphere summer was the hottest in 2,000 years, according to a new study published on...
Geostrategy
Israel’s Rafah attack set Hamas talks ‘backward’: mediator Qatar
"There is no clarity how to stop the war from the Israeli side. I don't think that they are considering...
Geostrategy
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Geostrategy
Egypt says to support South Africa ICJ case against Israel
Pretoria brought its case to the ICJ in December, calling on the UN court to order Israel to suspend its...
- Egypt said its move to back the case comes "in light of the worsening severity and scope of Israeli attacks against Palestinian civilians in the Gaza Strip".
- It further pointed to Israel's systematic "targeting of civilians and destruction of infrastructure" and "pushing Palestinians into displacement and expulsion".
Business
QatarEnergy buys stake in Egypt blocks
It did not disclose the cost of the agreement.
- The Qatari state-owned hydrocarbon giant will receive stakes in the Cairo and Masry concessions off Egypt's north coast.
- Under the deal, the operator ExxonMobil retaining 60 percent, QatarEnergy said in a statement.
Business
TSMC’s April revenue up 60%
It capitalized on huge wave of demand for chips used in AI hardware.
- TSMC dominates the global chip industry, and the bulk of its fabrication plants are based in Taiwan, a self-ruled island that is claimed by neighboring China.
- TSMC announced plans in April for a third factory in the United States, raising its total investment in the United States to US$65 billion.