First European Union airline flight in 35 years lands in Baghdad
Baghdad, Iraq -- Iraq's transport ministry said Tuesday that a flight operated by Greece's Aegean Airlines had been the first...
Geostrategy
AI tools help choose best embryos, increase success rate for IVF
Paris, France -- Artificial intelligence tools can now help choose the most promising embryos for in vitro fertilisation (IVF), although...
Science
Geostrategy
Amazon climate deal a ‘win’ for global unity but fossil fuels untouched
Nearly 200 countries approved the deal by consensus after two weeks of exhaustive negotiations on the fringes of the rainforest,...
- Brazilian President Luiz Inacio Lula da Silva, who staked political capital on the success of COP30, said the pact was proof that a fractured world could still unite in crisis.
- There was less euphoria in Belem, where defeated European ministers admitted they only took the watered-down deal to keep the entire process from imploding.
Geostrategy
UAE says will invest up to $50 billion in Canada
The fresh North American investment pledge came after UAE President Mohamed bin Zayed Al Nahyan promised in May to pump...
- Under the terms of the agreement, the UAE will invest in energy, artificial intelligence, logistics, mining and other priority national and strategic industries in Canada.
- Foreign direct investment stock from the UAE in Canada stood at $8.8 billion in 2024, while Canadian direct investment stock in the UAE totaled $242 million that same year.
Geostrategy
COP30 deal under threat as nations clash over fossil fuels
The draft text unveiled by COP30 host Brazil made no mention of "fossil fuels" or the word "roadmap" that President...
- Divisions remain not just over fossil fuels but trade measures and finance for poorer nations to adapt to climate change and move to a low-carbon future.
- More than 30 countries had warned in a letter to Brazil that they would reject any deal that did not include a plan to move away from fossil fuels.
Business
AMD, Cisco, and HUMAIN partner to build 1 GW AI infrastructure in Saudi
Washington, DC., US – AMD, Cisco, and HUMAIN, a PIF-backed company delivering full-stack AI solutions, have announced plans to establish...
- The joint venture, which will begin operations in 2026, will combine HUMAIN’s advanced data centers with AMD and Cisco technologies.
- AMD and Cisco will act as exclusive technology partners, contributing their products and services to develop up to 1 GW of AI infrastructure by 2030.
Geostrategy
COP30 dragged into clash over gender language
Negotiators say the effort -- by Paraguay, Argentina, Iran, Indonesia, Malaysia as well as the Holy See -- seeks to...
- The issue has become so sensitive that COP30's Brazilian presidency has elevated it from technical negotiations to a higher political level.
- At stake is a revamped Gender Action Plan (GAP) meant to guide work for the next decade, including efforts to mainstream gender across climate programs.
Business
Italy’s Leonardo launches joint venture with UAE defence firm
Milan, Italy -- Italian defense group Leonardo said Wednesday it had agreed to launch a joint venture next year with...
- Details of the sectors covered by the joint venture have yet to be announced.
- But it will cover a range of Leonardo's solutions "spanning sensors, system integration, and platforms", the Italian group said in a statement.
Business
Flydubai inks $13bn Boeing deal for 75 jets as city’s airlines build up
State-owned flydubai and its long-haul partner airline, Emirates, have been the chief deal-makers at this week's Dubai Airshow, the largest...
- Dubai, the UAE's commercial jewel, will soon start work on a new airport with capacity for a world-leading 150 million passengers a year, slated to open in 2032.
- Dubai's current international airport announced a record quarter of 24.2 million passengers. The facility has been the busiest for international passengers for the past 11 years.
Business
Emirates orders 65 more Boeing 777X planes despite delays
Dubai, UAE -- Emirates, the Middle East's biggest airline, topped up its order of Boeing 777X planes on Monday despite...
- The order of 65 777-9s, valued at $38nn including engines, came despite last month's announcement that delivery was now due in 2027 -- seven years behind the original schedule.
- Emirates, already the biggest customer for the Boeing 777, now has 270 777X, 10 777 freighters and 35 Boeing 787s on order.
Geostrategy
Carney’s UAE mission: A new era for Canada’s global trade ambitions
The latest visit of the Canadian PM is a part of his efforts to find new markets for his nation’s...
- With US tariff uncertainty looming, Ottawa turns to the Gulf to secure diversified markets and deeper investment ties.
- Carney’s economic diplomacy meets the UAE’s diversification drive, opening pathways in energy, agriculture, AI, and advanced technology.
Geostrategy
Israel receives bodies of two more hostages returned by Hamas
The issue of hostage bodies still in Gaza has become a sticking point in the ceasefire implementation, with Israel linking...
- Relief agencies have called for the Rafah border crossing from Egypt to be reopened to speed the flow of food, fuel and medicines.
- Gaza rescuers, meanwhile reported fresh violence in some areas despite the truce.
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First European Union airline flight in 35 years lands in Baghdad
Baghdad, Iraq -- Iraq's transport ministry said Tuesday that a flight operated by Greece's Aegean Airlines had been the first...
Geostrategy
Company News
Latest News
Amazon unveils new AI chip in battle against Nvidia
San Francisco, United States -- Amazon Web Services launched its in-house-built Trainium3 AI chip on Tuesday, marking a significant push...
Business
Saudi powers forward with deficit spending to fund reforms
The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring...
Economy
Pope urges Lebanese to stay in their country despite difficulties
Leo emphasized the need for peace, using the word more than 20 times during the address, without mentioning any specific...
Geostrategy
Most Read
Business
Singapore AI teddy back on sale after recall over sex chat scare
Singapore, Singapore -- A plushy, AI-enabled teddy bear recalled after its chatbot was found to engage in sexually explicit conversations...
- Singapore-based FoloToy had suspended its "Kumma" bear after a consumer advocacy group raised concerns about it and other AI toys on the market.
- The Kumma bear "looks sweet and innocent. But what comes out of its mouth is a stark contrast," researchers have said.
Geostrategy
Four European nations urge Israel to end West Bank ‘settler violence’
"We -- France, Germany, Italy, the United Kingdom -- strongly condemn the massive increase of settler violence against Palestinian civilians...
- Settler violence in the West Bank has soared since Hamas's October 2023 attack on Israel triggered the Gaza war.
- Israeli troops or settlers have killed more than 1,000 Palestinians in the West Bank, mostly civilians.
Geostrategy
Israel returns 15 bodies to Gaza after hostage remains identified
It came after Israel announced that a body handed over by Hamas on Tuesday was that of Dror Or, one...
- The last two hostages' bodies still in Gaza are those of Israeli Ran Gvili and Thai national Sudthisak Rinthalak.
- At the start of the ceasefire Hamas were holding 20 living hostages and 28 bodies of deceased captives.