Syrian, Israeli ministers to hold meeting in Baku on Thursday: diplomat
A Syrian-Israeli ministerial meeting is set to take place Thursday in Baku to discuss security matters in southern Syria, a...Geostrategy
UN agencies warn Gaza slipping into famine as Israel resists ceasefire calls
The Integrated Food Security Phase Classification Initiative, a coalition of monitors tasked by the UN to warn of impending crises,...Geostrategy
Turkish strikes leaves hundreds of Syrian villages without electricity
Qamishli, Syria - Hundreds of northeast Syrian villages and towns have lost power after Turkish strikes pounded electricity stations and infrastructure,...The Kurdish administration said Turkey launched a slew of strikes since Friday, mostly concentrated on infrastructure including power stations and oil refineries
The semi-autonomous Kurdish administration listed hundreds of villages and towns facing blackouts due to the Turkish strikes in a statement Monday
Iran asks US and Britain to ‘stop war against Yemen’
Tehran, Iran - Iran urged on Monday the United States and Britain to "stop the war against Yemen" following their recent..."We warn America and Britain to stop the war against Yemen immediately," said Iran's Foreign Minister Hossein Amir-Abdollahian
The Houthis, who control large swathes of Yemen including the capital Sanaa since 2014, are part of a Tehran-aligned "axis of resistance" against Israel and its allies
EU worried Red Sea attacks could spark inflation
European Union economy commissioner Paolo Gentiloni warned that violence in the Red Sea sparked by Houthi attacks on shipping could...Gentiloni said that "what is happening in the Red Sea... is not for the moment apparently creating consequences on energy prices and inflation".
Tensions in the Red Sea have soared after the United States and Britain carried out strikes on Houthi rebels in Yemen.
Gaza war deaths top 24,000 as UN chief calls for ceasefire again
Bringing food and supplies to the besieged population of Gaza, which is increasingly at risk of famine, also depends on...In a statement released with the video, Hamas said "the Zionist army's bombing" was responsible for the death of two male hostages.
King Abdullah II of neighboring Jordan warns that continuing Israeli attacks could cause the conflict to expand across the region.
UN wants $4.2 billion for Ukraine’s humanitarian aid in 2024
"Remember Ukraine?" UN aid chief Martin Griffiths asked as he launched the plan in Geneva. "Please do not forget Ukraine...Russia's war in Ukraine is set to enter its third year in February and the UN said it was vital to maintain support to millions affected by war
The UN hopes to reach 8.5 million people within Ukraine and 2.3 million refugees and their host communities in eastern Europe
Saudi Arabia unveils 45,000-seat multi-use stadium in Qiddiya City
RIYADH, SAUDI ARABIA - The Board of Directors of the Qiddiya Investment Company (QIC) announced on Monday the launch of...Upon opening, the stadium is anticipated to host some of Saudi Arabia’s biggest sports, entertainment, and cultural events.
It aims to draw visitors from across the globe and revolutionize the traditional stadium experience with its immersive design.
IMF chief at Davos: AI holds risks, opportunity for global economy
Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity..."We must focus on helping low-income countries in particular to move faster to be able to catch the opportunities that artificial intelligence will present," Georgieva told AFP.
Georgieva said 2024 is likely to be "a very tough year" for fiscal policy worldwide, as countries look to tackle debt burdens accumulated during the Covid-19 pandemic.
Saudi Arabia, China ink MoU in accounting and auditing
RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of...The MoU is similar to other agreements that GCA has reached with counterpart organizations in different countries.
These agreements underscore GCA's elevated professional standing, at both regional and international levels.
Record demand for Dubai luxury homes despite rising prices
Dubai, UAE - Dubai saw record-breaking sale prices throughout 2023, with super-luxury residences selling for up to US$4,000 (AED14,692) per...High-net-worth buyers have been flocking from continental European countries like the U.K., France, and Germany to relocate to Dubai
In 2023, average residential prices in Dubai rose 16.9% in the first two quarters, according to CBRE’s UAE Real Estate Market Review
World’s five richest men doubled their fortunes since 2020: Oxfam
A report from the charity, published as the global elite hobnob at the World Economic Forum in Davos this week,...Billionaires are today $3.3 trillion richer than they were in 2020, despite many crises devastating the world's economy since this decade began, including the Covid pandemic.
With riches among the world's wealthiest increasing the way they are, Oxfam predicted that within a decade the world will see its first "trillionaire".
