Foreign buyers, expats account for bulk of Abu Dhabi’s $19.2bn H1 home sales
Off-plan deals dominated residential activity, while rising prices, strong rental demand and significant future deliveries pointed to continued momentum across...
Business
Trump says fresh negotiations with Iran to begin after calling off strikes
Trump said his decision was shaped by appeals from Gulf allies, particularly Saudi Arabia, Qatar and the United Arab Emirates,...
Geostrategy
Business
GCC capital market reforms spawn IPO, foreign investment wave
For a region long shaped by sovereign balance sheets and state-owned champions, the Gulf is quietly rewiring its financial plumbing,...
- Overall, the GCC IPO market raised $13.2 billion across 53 listings in 2024.
- The UAE led the charge. Federal decree changes and a flurry of free-zone and mainland measures now allow 100 percent foreign ownership in many sectors.
Geostrategy
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...
- "THERE WILL BE NO MORE OIL OR MONEY GOING TO CUBA - ZERO!" Trump said on his Truth Social platform. "I strongly suggest they make a deal, BEFORE IT IS TOO LATE."
- Trump provided no details about what potential deal he referred to, or what such an arrangement would achieve.
Geostrategy
Iran president says ‘rioters’ must not disrupt society
Pezeshkian accused the United States and Israel of "trying to escalate this unrest with regard to the economic discussion and...
- Protests in Iran initially sparked by anger over the rising cost of living have lasted two weeks, becoming a movement against the theocratic system in place since the 1979.
- State TV has aired images of buildings, including a mosque on fire, with authorities saying members of the security forces have been killed.
Arts & Culture
Novel concept: China’s spellbinding bookstores draw selfie snappers
Tianjin, China -- Towering accordion steps and a fantastical spiral staircase greet visitors to a massive bookstore in northern China's...
- Sales of hard-copy books across the country have failed to bounce back to pre-pandemic levels, data shows, despite authorities' efforts to boost domestic consumption.
- Yet in recent years the number of physical bookshops has "maintained steady growth", the head of a publishing industry group said last January.
Geostrategy
Yemen presidential council says Saudi coalition to lead all southern forces
The announcement comes a few days after Yemeni forces supported by Saudi Arabia recaptured large swathes of territory from the...
- The oil-rich neighbors formed the backbone of the coalition fighting Iran-backed Houthi rebels in Yemen, who overran the capital Sanaa in 2014 and still control much of the country
- But Riyadh and Abu Dhabi now find themselves backing competing factions within the Presidential Council, which is recognized by the international community.
Business
AI toys look for bright side after troubled start
Las Vegas, United States -- Toy makers at the Consumer Electronics Show were adamant about being careful to ensure that...
- The rapid advancement of generative AI since ChatGPT's arrival has paved the way for a new generation of smart toys.
- Among the four devices tested by PIRG was Curio's Grok, a four-legged stuffed toy inspired by a rocket that has been on the market since 2024.
Research
Some food preservatives linked to higher cancer, diabetes risk
Paris, France -- Eating some common food preservatives is linked to a slightly higher risk of eventually developing cancer and...
- The preservatives included nitrites and nitrates, which are often used to cure ham, bacon and sausages.
- The second study, published in Nature Communications, also found a link between eating some food additives and developing type 2 diabetes.
Geostrategy
Gazans fear renewed displacement after Israeli strikes
Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...
- Earlier this month, Israeli army chief Lieutenant General Eyal Zamir described the Yellow Line as the "new border line" with Israel.
- For Palestinian officials, the line is seen as a tool for permanent displacement.
Economy
US unemployment rises further, hovering at highest since 2021
A deteriorating jobs market could nudge the central bank to lower rates further to boost the economy, despite some policymakers'...
- The report underscoring a labor market cooldown in the world's biggest economy said the economy lost 105,000 jobs in October.
- Hiring picked up again in November to 64,000, but this was still a slower pace than before.
Geostrategy
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...
- European airlines have not operated direct flights to Baghdad International Airport for security reasons since the early 1990s, when Saddam Hussein invaded Kuwait.
- But, after decades of turmoil, Iraq has recently begun to regain a sense of stability and the government is striving to attract foreign investment to bolster the country's economy.
Foreign buyers, expats account for bulk of Abu Dhabi’s $19.2bn H1 home sales
Off-plan deals dominated residential activity, while rising prices, strong rental demand and significant future deliveries pointed to continued momentum across...
Business
Company News
Latest News
Meta, YouTube face trial over children harm
Geostrategy
BYD 2025 revenue surges
Business
105 missiles, 176 drones destroyed since start of Iranian attack: Bahrain
The Bahrain Defence Force General Command (BDF) announced that its air defence systems have continued to successfully intercept successive waves...
Geostrategy
Chrome vulnerability allowed extensions to hijack Gemini panel, researchers say
According to researchers, the vulnerability allowed attackers to tap into the browser environment and potentially access files on a user’s...
Science
Abu Dhabi residential property sales hit record $19.9bn in 2025
Apartments dominated the sales market, accounting for 66% of transactions, reflecting strong developer activity in the segment
Economy
Most Read
Geostrategy
Meta, YouTube face trial over children harm
Opening statements in the first trial began in Los Angeles County Superior Court, where Instagram parent company Meta and Google’s...
- The case may influence thousands of lawsuits alleging social media features harmed young users’ mental health and wellbeing.
- Meta and YouTube have denied the allegations, saying they have implemented tools and policies aimed at improving safety for younger users.
Business
BYD 2025 revenue surges
The EV manufacturer reported net profit of $.3.3bn for 9M 2025.
- In the third quarter alone, BYD reported revenue of 194.99 billion yuan ($27.4 billion), while quarterly net profit reached 7.82 billion yuan ($1.1 billion).
- The automaker said global sales reached 3.26 million vehicles in the first nine months of 2025.
Geostrategy
From Wall Street to Cairo: Face-to-face dialogue defines global leadership
True global leadership is forged through sustained, face-to-face dialogue, cross-cultural immersion, and relationships that transcend digital convenience and headline-driven narratives.
- The East-West Art of Dialogue Fellowship bridges American and Egyptian emerging leaders
- Face-to-face dialogue remains central to building durable global leadership networks