Israel intercepts Huthi missile fired from Yemen
The Israeli military said it intercepted a missile fired from Yemen on Friday, which the Iran-backed Huthi rebels said they...Geostrategy
Trump orders deployment of nuclear submarines in response to ‘provocative’ Russian comments
The United States and Russia control the vast majority of the world's nuclear weaponry, and Washington keeps nuclear-armed submarines on...Geostrategy
UAE plans to issue bonds, Sukuk valued at $1.3bn in Q1 2024, says official
HONG KONG - UAE Ministry of Finance Undersecretary Younis Haji Al Khoori announced that the ministry's issuance of bonds and...The Islamic Treasury Sukuk launched in 2023 and valued at US$299 million experienced robust demand, with bids received worth US$2.2 billion.
The UAE is Hong Kong's largest trading partner in Middle East, with non-oil trade reaching $6 billion (AED22.2 billion) in the first half of 2022.
Israel far-right minister slams Qatar over Hamas attack
Finance Minister Bezalel Smotrich commented after Prime Minister Benjamin Netanyahu was caught on tape allegedly telling hostages' families this week...Qatar is the "patron of Hamas and is largely responsible for the massacre committed by Hamas of Israeli citizens", Finance Minister Bezalel Smotrich said on X
Smotrich's remarks come as Biden's Middle East envoy was in the region for talks aimed at brokering a new deal to free the remaining captives in exchange for a pause in fighting
ECB to urge patience on rate cuts in battle against inflation
The central bank is tipped to leave rates unchanged for a third consecutive meeting, keeping the benchmark deposit rate at...Frankfurt institute launched an unprecedented rate hiking cycle in mid-2022
ECB watchers will be more interested in president Christine Lagarde's press conference
Clean energy largest driver of Chinese GDP growth in 2023: report
China is the world's biggest emitter of greenhouse gases driving climate change, but it is also the top producer of...Investment in "clean-energy" sectors accounted for 40 percent of China's GDP expansion last year, researchers at the Finland-based CREA said
The researchers examined investment in solar power, electric vehicles, energy efficiency, railways, energy storage, electricity grids, wind, nuclear and hydropower
Fighting focuses on Gaza’s Khan Yunis after deadly shelling hits UN shelter
The deadly incident came after the Israeli army said it had encircled the city, where footage released by the military...Wednesday's attack on the UN shelter for displaced people saw the site hit by two tank rounds, killing nine and injuring 75, said Thomas White, the Gaza head of UNRWA
US condemned the attack, with State Department spokesman Vedant Patel saying "civilians must be protected and the protected nature of UN facilities must be respected
Bahrain and South Korea seek to bolster economic, parliamentary ties
Manama, Bahrain--Bahrain and South Korea have reviewed ways to enhance diplomatic, economic and parliamentary cooperation and partnership to benefit the...The two sides looked to boost partnership in order to benefit the two countries and contribute to consolidating security, stability, economic growth in the MENA region
The South Korean official underscored the deep friendship between the two countries, noting the steady growth of bilateral ties at the political, economic, and parliamentary level
WEF24: Unified approach key to resolve challenges
Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai...Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai Future Foundation tells TRENDS.
During interview, Belhoul emphasizes the role of technology as a unifying force and discusses the Foundation's plans for research, development, and international partnerships.
Qatar ‘appalled’ at alleged criticism by Netanyahu
Israeli prime minister accused Qatar of financing Hamas at a meeting this week with the families of hostages held in...Qatar was one of the mediators of a truce deal in November that led to the release of 105 hostages
Its foreign ministry spokesman said his country was "appalled by the alleged remarks"
US to discuss troop withdrawal with Iraq soon: report
New York, United States - The United States will begin talks with Iraq on the withdrawal of US troops from...The report said that Washington wants the troop schedule to reflect the current situation in Iraq and the stability of its government and law enforcement agencies
But the Iraqi leadership believes that the timeframe of the withdrawal should not be affected by any circumstances
Israeli shelling on UN shelter in Gaza kills nine Palestinians
Palestinian Territories - Tank shelling on a UN shelter on Wednesday killed nine people in Gaza's main southern city of..."Two tank rounds hit building that shelters 800 people - reports now 9 dead and 75 injured," Thomas White, UNRWA's Gaza director, said on X.
Teams from UNRWA and the World Health Organization were trying to reach the shelter, which has been blocked for two days, White said.