GCC should focus on tech-enabled authentic, sustainable hospitality
AI fluency is not prioritized enough in schools today. If AI skills are not on your resume, you will have...
Interview
Trump tells Cuba to ‘make a deal, before it is too late’
The communist-run island near Florida has been a US foe and ally of Caracas for decades, but Trump has ramped...
Geostrategy
Geostrategy
Hajj death toll tops 1,000 after extreme heat: AFP tally
The new deaths reported Thursday included 58 from Egypt, according to an Arab diplomat who provided a breakdown showing that...
- The national meteorological center reported a high of 51.8 degrees Celsius (125 Fahrenheit) this week at the Grand Mosque in Mecca.
- A Saudi study published last month said temperatures in the area are rising 0.4 degrees Celsius each decade.
Geostrategy
Gaza rescuers report deadly strikes although clashes slow on Eid
Witnesses reported gunfire and artillery shelling near Nuseirat refugee camp in central Gaza, where the civil defence agency said at...
- United Nations rights chief Volker Turk told the UN Human Rights Council he was "appalled by the disregard for international human rights" and "unconscionable death and suffering".
- The UN has said aid access to Gaza has been severely hindered by factors including insecurity, the closing of crossing points to the territory, and Israeli procedural delays.
Geostrategy
Eight Israeli soldiers killed as fighting rages in Gaza
The military said the soldiers were killed when the Namer armored vehicle they were travelling in exploded near Gaza's far-southern...
- Saturday's losses were among the heaviest for the military since it began its ground offensive in Gaza on October 27 and took its overall losses since then to 306.
- The United Nations says about one million people have fled Rafah since early May, when Israel began ground operations in the city in pursuit of Hamas.
Geostrategy
Hezbollah fires new barrage at Israel, which vows to hit back
Beirut, Lebanon -- Hezbollah said it fired a new wave of rockets and drones at the Israeli army on Thursday, after...
- It was Hezbollah's largest simultaneous attack in near-daily cross-border fire between it and the Israeli army since its ally Hamas's Oct 7 attack on Israel triggered the Gaza war.
- One of the targets included an Israeli base that Hezbollah said housed an intelligence headquarters "responsible for the assassinations".
Geostrategy
Former Twitter, now X, makes ‘likes’ private ‘to protect users’
With the change, which includes the removal of the "Likes" tab on a profile page, users will no longer be...
- "We are making Likes private for everyone to better protect your privacy," the platform said. "Liking more posts will make your 'For You' feed better," X added.
- The "For You" feed is a personalized list of videos or posts recommended for each individual user based on their interests and past engagement.
Geostrategy
Fire kills 49 in Kuwait building housing foreign workers
Kuwait City, Kuwait -- A fire killed 49 people in Kuwait when it ripped through a building housing nearly 200 foreign...
- The blaze, which broke out in the six-story building south of Kuwait City at around dawn, also left dozens of people injured, the health ministry said.
- The health ministry had previously announced 43 injured in the blaze in the Mangaf area, which is heavily populated with migrant laborers.
Business
IEA sees ‘major’ oil supply surplus emerging by 2030
Paris, France -- The world is likely to have a "major surplus" of oil by 2030 as production is ramped up...
- Global demand is expected to "level off" at 106 million barrels per day (bpd) toward the end of this decade while overall supply capacity could reach 114 million bpd.
- The forecast comes days after the OPEC+ group of major crude producers signaled they would start to unwind output cuts this autumn.
Business
Virgin Galactic completes final spaceflight before two-year pause
Washington, United States -- Virgin Galactic on Saturday successfully completed its last spaceflight before heading into a two-year pause on commercial...
- One of the private astronauts was Tuva Atasever, a Turkish space agency astronaut whose seat was contracted through another space company, Axiom.
- During the flight, Atasever wore custom headgear with brain activity monitoring sensors to collect physiological data.
Geostrategy
UN Security Council to vote on US Gaza ceasefire resolution
The text of the resolution "welcomes" the truce and hostage release proposal announced on May 31 by President Joe Biden,...
- The United States, a staunch ally of Israel, has been widely criticized for having blocked several UN draft resolutions calling for a ceasefire in Gaza.
- Under the proposal, Israel would withdraw from Gaza population centers and Hamas would free hostages. The ceasefire would last an initial six weeks.
Business
EU targets UAE telecoms firm in new anti-subsidy probe
Telecoms group e&, whose majority stakeholder is the UAE government, signed a $2.3-billion agreement in August 2023 to purchase Czech...
- The alleged subsidies "notably take the form of an unlimited guarantee from the UAE and a loan from UAE-controlled banks directly facilitating the transaction", it added.
- The commission said it will investigate whether the subsidies lead to "actual or potential negative effects" on the bid's process or the EU's internal market.
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
GCC should focus on tech-enabled authentic, sustainable hospitality
AI fluency is not prioritized enough in schools today. If AI skills are not on your resume, you will have...
Interview
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Fifth Aramco facility receives WEF Global Lighthouse Network tag
Dhahran, Saudi Arabia -- Aramco's North Ghawar Oil Producing Complex has become the company's fifth facility to be added to...
Business
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Geostrategy
Cyber landscape complexity deepens cyber inequity, gap between organizations: WEF report
The complexity arises from the rapid growth of emerging technologies, prevailing geopolitical uncertainty and the evolution of threats, says WEF's...
- The complexity arises from the rapid growth of emerging technologies, prevailing geopolitical uncertainty and the evolution of threats.
- It also arises from regulatory challenges, vulnerabilities in supply chain interdependencies and the growing cyber skills gap, the report said.
Economy
World economic growth to remain at 2.8 percent in 2025: UN report
The World Economic Situation and Prospects (WESP) 2025 report shows that despite withstanding a series of mutually reinforcing shocks, global...
- It said that positive but somewhat slower growth forecasts for China and the United States will be complemented by modest recoveries in the European Union, Japan, and Britain.
- US growth was expected to moderate from 2.8 percent last year to 1.9 percent in 2025 as the labor market softens and consumer spending slows.
Business
ADNOC Gas awards contracts
The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.
- The LPP and compression facilities will be located within ADNOC Gas’ Habshan 5 plant, part of one of the world’s largest integrated gas processing complexes.
- The largest contract, valued at $1.24 billion for the LPP, was awarded to a consortium consisting of Engineering for the Petroleum and Process Industries (ENPPI) and Petrojet.