Hamas says weapons are ‘legitimate right’, open to proposals that preserve it
"Resistance and its weapons are a legitimate right guaranteed by international law and are linked to the establishment of a...
Geostrategy
Mediators Qatar and Egypt call for next steps in fragile Gaza truce
"Now we are at the critical moment... A ceasefire cannot be completed unless there is a full withdrawal of the...
Geostrategy
Geostrategy
Eight OPEC+ countries raise production by 547,000 bpd to regain market share
Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, along with the Saudis and Russians currently produce about 41-42 mbd.
- Analysts said there was unlikely to be a major impact on prices, with the Brent reference oil currently selling at about $70 a barrel.
- Oil prices have held up better than observers anticipated amid strong summer demand and a high geopolitical risk premium, notably owing to conflict between Iran and Israel.
Geostrategy
Turkey starts supplying Azerbaijani gas to boost Syria’s power output
Istanbul, Turkey - Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was...
- Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can last for more than 20 hours a day
- A first phase of the Qatari scheme to fund gas supplies for power generation in Syria rolled out in March via Jordan and provided 400 megawatts of electricity per day
Geostrategy
UAE begins pipeline project to ease Gaza water shortage
Jerusalem, Undefined -- The United Arab Emirates has begun construction on a major pipeline to carry desalinated water from Egypt...
- Technical teams sent by the UAE have started transporting equipment needed for the project, the Emirati state news agency WAM reported.
- The project would link a desalination plant in Egypt to the Al-Mawasi area along Gaza's coast and could supply about 600,000 people daily, COGAT said.
Economy
Saudi Arabia, UAE rank among top 20 nations globally for AI talent density
With the goal of becoming one of the world’s top 10 countries in AI research and application by 2030, Saudi...
- King Abdullah University of Science and Technology (KAUST) enters top 150 universities globally for producing AI talent, becoming the highest-ranked university in Middle East
- Saudi Arabia offers some of the most competitive compensation packages for AI talent globally, with top scientists earning a median annual salary of USD 420,000, tax-free
Geostrategy
BRICS call for ‘unconditional’ Gaza ceasefire, condemn air strikes on Iran
The BRICS also called for a "full withdrawal of Israeli forces from the Gaza Strip and all other parts of...
- The bloc's statement came as Gaza truce talks between Israel and Hamas resumed in Doha, and as pressure mounted to end the war.
- The BRICS gathering includes Israel's arch foe Iran, but also nations like Russia, which have close ties with the country.
Geostrategy
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...
- Trump has been making a renewed push to end nearly 21 months of war in Gaza, where the civil defense agency said 42 people were killed in Israeli military operations on Saturday.
- Hamas said Friday it was ready "to engage immediately and seriously" in negotiations, and was sending its responses to the truce proposal.
Geostrategy
Musk creates America Party to challenge US’s ‘one-party system’
The world's richest person -- and Trump's biggest political donor in the 2024 election -- had a bitter falling out...
- Musk has clashed with Trump over the president's massive domestic spending plan, saying it would explode the US debt, and vowed to defeat lawmakers who voted for it.
- Musk also shared a meme depicting a two-headed snake and the caption "End the Uniparty."
Iran says no plan for new US nuclear talks, plays down impact of strikes
Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and...
- Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and said it "should not be taken seriously."
- "I would like to state clearly that no agreement, arrangement or conversation has been made to start new negotiations," he said on state television
Geostrategy
US hits back at accounts Iran moved enriched uranium before bombing
Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...
- Trump has lashed out angrily at media accounts of a classified report that doubted the extent of damage to Iranian nuclear sites
- Vice President JD Vance, asked about the uranium on Sunday, had sounded less definitive and said the United States would discuss the issue with Iran
Geostrategy
Arab states erupt in condemnation after US strikes on Iran
Iran's former arch-rival in the region, Saudi Arabia, which has been engaged in a Chinese-brokered détente with Tehran since 2023,...
- Many of the oil-rich countries host major US assets and bases and fear that a spillover from the war could threaten their security and economy.
- Qatar, host of the biggest US military base in the Middle East, said it feared "catastrophic consequences" for the region and the entire world.
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Hamas says weapons are ‘legitimate right’, open to proposals that preserve it
"Resistance and its weapons are a legitimate right guaranteed by international law and are linked to the establishment of a...
Geostrategy
Company News
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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...
Geostrategy
Insurance giant Allianz signals job cuts in AI shift
Frankfurt, Germany -- German insurance giant Allianz signalled Wednesday looming job cuts due to its adoption of artificial intelligence, with...
Business
Robots take centre stage at Singapore ‘Olympiad’
Singapore -- The World Robot Olympiad opened in Singapore on Wednesday with hundreds of international students, some as young as...
Geostrategy
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Geostrategy
G20 grapples with splintering world order
"Too many countries are retreating into geopolitical blocs or the battlegrounds of protectionism," Canadian Prime Minister Mark Carney told reporters....
- He and the other leaders at the summit -- which was boycotted by the United States -- held a searching discussion on how the G20 can survive in a fragmenting world.
- The United States is to host next year's G20 summit, with Trump planning to hold it at a Florida golf club he owns.
Geostrategy
Israeli strikes kill 21 in Gaza, dozens more wounded: Civil defense
Mahmud Bassal, spokesman for the civil defense agency, Bassal said one strike hit a house in Deir el-Balah in the...
- The Palestinian foreign ministry, based in the Israeli-occupied West Bank, condemned the strikes.
- It urged the international community to put "immediate pressure" on Israel to "stop the massacres".
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.