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...
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....
Geostrategy
Geostrategy
Muslim boy killed in US attack linked to Israel-Hamas war
Detectives were able to determine that both victims in this brutal attack were targeted by the suspect due to them...
- Child was stabbed 26 times by his landlord on Saturday and later died at hospital, while his 32-year-old mother was also wounded
- Authorities said the woman managed to call 911 as she fought off the landlord, named by the sheriff's office as 71-year-old Joseph Czuba
Economy
Collaboration crucial for renewable energy transition
"World peace and security, along with social, economic, and political stability, hinge on two pivotal factors: addressing climate issues and...
- The UAE is actively supporting global efforts to mitigate the effects of climate change at both regional and international levels
- World peace, security and stability hinge on addressing climate issues and investing in clean and renewable energy sources
Geostrategy
The United States has Israel’s back: Blinken in Israel
Blinken, a secular Jew, spoke in unusually personal terms during his visit, recalling how his grandfather escaped Russian pogroms and...
- Blinken's motorcade made a last-minute stop at the underground parking lot that has been turned into a makeshift donation hub after Israel's deadliest day in decades
- As Blinken brought baby supplies to add to the collection of donated boxes, a crowd of hundreds chanted, "USA! USA!" and sang the Israeli national anthem
Business
SIRC and Edama sign partnership
They will create a joint company to upgrade organic waste recycling.
- The joint project will help in meeting the challenge of sustainable waste management and contribute to creating a national circular economy.
- The project will provide a solution to the challenges faced by the Saudi Green Initiative (SGI) in its mission to plant 10 billion trees.
Business
Flynas launches its new operations base at Madinah airport
Riyadh, Saudi Arabia: Flynas, the national airline and the leading low-cost carrier in the Middle East and the world, announced...
- These additions will bring the total number of routes operated by flynas from Madinah to 11 so far.
- The operations from our new operations base will start with two aircraft as a first stage,
Science
Can chatbots be therapists? Only if you want them to be
Like every other sector that AI is threatening to disrupt, critics are concerned that bots will eventually replace human workers...
- Like every other sector that AI is threatening to disrupt, critics are concerned that bots will eventually replace human workers rather than complement them
- Users of Replika, a popular AI companion that is sometimes marketed as bringing mental health benefits, have long complained that the bot can be sex obsessed and abusive
Geostrategy
UAE President in Doha, attends opening of International Horticultural Expo 2023
Doha, Qatar -- UAE president Sheikh Mohamed bin Zayed Al Nahyan who is on a visit to Qatar attended the...
- Several heads of states and international delegations are attending the exhibition as it unfolds at Al Bidda Park from 2nd October 2023 to March 2024, spanning 179 days
- This event marks the first international horticultural exhibition hosted in a desert country and focuses on modern agriculture, technology and Innovation, and sustainability
Economy
Russian economy to grow 1.5 percent this year, says key European bank
After having forecast a contraction earlier this year in Russia's economy, the European Bank for Reconstruction and Development is now...
- it said the outlook for 2024 will depend heavily on how the war on Ukraine and the related economic sanctions evolve
- Russia's central bank has forecast the country's economy to grow between 1.5 and 2.5% this year and between 0.5 and 1.5% in 2024
Business
Vitronic signs contracts in MENA
The contracts to install traffic systems are worth US$211m.
- Vitronic Middle East will install over 2,000 "cutting-edge traffic enforcement systems in high-risk areas" over the next few months.
- It said In a statement that traffic management and enforcement systems provide benefits that go beyond the daily lives of individuals
Economy
Mining sector to contribute 5% to UAE non-oil GDP by 2030: minister
Abu Dhabi, UAE - The mining sector’s contribution to the non-oil GDP of the United Arab Emirates is set to...
- The ministry has launched the country's first mineral wealth strategy, in collaboration with local authorities, Al Hosani said
- It has also conducted geological and mineral surveys, produced geological maps, and built a geological and geophysical database
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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...
Geostrategy
Company News
Latest News
UN climate chief at deadlocked COP29: ‘Cut the theatrics’
As the UN climate talks limp into a second week in Azerbaijan, the world is no closer to a finance...
Geostrategy
Egypt’s middle class cuts costs as IMF-backed reforms take hold
Cairo, Egypt -- Egypt's economy has been in crisis for years, but as the latest round of International Monetary Fund-backed reforms...
Economy
Magritte’s ‘Empire of Light’ to fetch nearly $100m at New York auction
New York, United States -- With a Magritte painting estimated to sell for nearly $100 million, drawings by pop artist Keith...
Arts & Culture
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Geostrategy
Lebanon economic losses top $5 billion in year of clashes: World Bank
Beirut, Lebanon -- More than a year of clashes that recently escalated into war have cost Lebanon more than $5 billion...
- The losses are "largely concentrated in the commerce and tourism and hospitality sectors... as well as in the agriculture sector", the Bank said in a report.
- "The final cost of damage and losses for Lebanon associated with the conflict is expected to significantly exceed those presented in this assessment," the report said.
Business
Salik 9M net profit $223m
The company's third-quarter profit increased by 8.8 percent.
- Salik reported 355.6 million revenue-generating trips, which increased 5.1 percent YoY to drive total revenue of AED1.640 billion.
- Revenue from toll usage, comprising 86.7 percent of total revenue, rose 5.1 percent YoY to AED1,422.2 million in the nine-month period.
Geostrategy
Saudi-hosted summit says Mideast peace requires end to Israeli occupation
The summit's closing statement said that "a just and comprehensive peace in the region... cannot be achieved without ending the...
- The international community should "launch a plan with specific steps and timing under international sponsorship" to make a sovereign Palestinian state a reality, it added.
- The leaders also condemned "horrific and shocking crimes" by Israel's army, saying they occurred "in the context of the crime of genocide".