Saudi launches Damascus area reconstruction project
Saudi Arabia announced on Sunday humanitarian projects for Syria including the removal of wartime rubble around Damascus, weeks after inking investment deals worth billions to help rebuild the country's infrastructure.
Talabat IPO offer price range announced
The subscription will close on 27 Nov for UAE retail investors.Hamas negotiators ‘not in Doha’ but political office not closed: Qatar
Qatar, along with the United States and Egypt, had led months of fruitless negotiations for a truce in the Gaza war, but the Gulf state announced earlier this month it was pausing its mediation efforts. The announcement followed reports Qatar had warned Hamas that its political bureau, which the Gulf...Community living: A holistic approach to housing
In the world of real estate, luxury is traditionally linked to opulent homes and lavish design. But luxury in the Saudi market is something deeper and more meaningful than any individual property. It is about a holistic approach that transcends physical spaces. LuxuSuch a vision, therefore, aligns perfectly with the Saudi...Iran slams new EU, UK sanctions as unjustified: foreign ministry
ran's foreign ministry Tuesday slammed as unjustified the new sanctions by the European Union and Britain against Tehran over its support for Russia's war on Ukraine.Divided G20 fails to agree on climate action, Ukraine war escalation dominates Rio summit talks
G20 leaders in Rio failed to resolve UN climate talks deadlock, merely stating funding for developing countries battling global warming must come "from all sources," leaving trillions of dollars in climate commitments undefined.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 deal for poorer countries that will determine the success or failure of COP29. UN climate boss Simon Stiell said that "bluffing, brinkmanship and premeditated playbooks burn up precious time and...G20 leaders to grapple with climate, taxes, Trump comeback
G20 leaders gather in Brazil on Monday to discuss fighting poverty, boosting climate financing and other multilateral initiatives that could yet be upended by Donald Trump's impending return to the White HouseCOP29: Why new climate pledges need ambition, finance and action to succeed
Major emitters must take the lead, but every nation has a role in addressing the climate crisis. Success hinges on ambitious Nationally Determined Contributions, strengthened by robust financial support and capacity-building efforts. The coming months are critical for translating commitments into impactful action, adds the author.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 bites, much of the country's middle class has found itself struggling to afford goods once considered basics.The world lender has long backed measures in Egypt including a liberal currency exchange...Israel escalates bombing in Lebanon as Hezbollah fires projectiles; UN warns of Gaza famine
Israel escalated strikes on Hezbollah in Beirut and Tyre, targeting strongholds, while Hezbollah launched retaliatory attacks on Haifa, hitting a synagogue and injuring civilians, with mounting casualties on both sides.With Trump’s presidency, expect pro-Israel policies to replace Biden’s nuanced approach in Middle East relations
Trump’s return could shift US policy on Israel, with his Republican Party's pro-Israel stance and his preference for "America First" potentially altering military and diplomatic strategies.End of a love affair: news media quit X over ‘disinformation’
Paris, France -- News outlets have begun quitting X, formerly Twitter, once a favorite of global media but now accused of enabling the spread of disinformation under its owner, president-elect Donald Trump ally Elon Musk.Citing a "harsh and extreme" climate, Sweden's newspaper of reference, the left-liberal Dagens Nyheter (DN), on Friday...Xi, Biden in Peru for APEC summit, pre-Trump face-to-face
uncertainty over Trump's next moves now clouds the APEC agenda -- as it does for the COP29 climate talks underway in Azerbaijan, and a G20 summit in Rio de Janeiro next week.TikTok makes AI driven ad tool available globally
San Francisco, United States - TikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered tool for generating marketing clips, becoming the latest platform to let advertisers tap into the technology.The news came with word that Getty Images will make its stockpile of pictures and video available...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 in economic losses and damaged nearly 100,000 homes, the World Bank said on Thursday.Since September 23, Israel has ramped up its air campaign in Lebanon, later sending in ground troops...HRW accuses Israel of ‘war crime’ with ‘forcible transfer’ in Gaza
Human Rights Watch said in a report released Thursday that Israel's repeated evacuation orders in Gaza amount to the "war crime of forcible transfer", and to "ethnic cleansing" in parts of the Palestinian territory.Advanced nuclear technologies and their role in the energy transition
New policies, public trust, and partnerships are crucial to accelerating these nuclear solutions. Platforms like the Forum’s Advanced Energy Solutions community bring together industry, investors, and governments to fast-track nuclear and clean energy technologies, informing policy and increasing public confidence, the author adds.GCC powers ahead in global clean energy transition with solar and hydrogen investments
Now, the region is turning its attention to newer innovations, including hydrogen production, small modular reactors (SMRs), and compact nuclear power generators.Nations far apart in COP29 climate finance talks
According to the latest draft of the long-sought climate finance pact, most developing countries favor an annual commitment from wealthy countries of at least US$1.3 trillion.Salik 9M net profit $223m
The company's third-quarter profit increased by 8.8 percent.UN nuclear chief heads to Iran for crucial talks
International Atomic Energy Agency chief Rafael Grossi is set to visit Tehran on Wednesday for crucial talks on Iran's nuclear program, ays after the defense minister of Iran's nemesis Israel warned the Islamic republic was "more exposed than ever to strikes on its nuclear facilities"Saudi Arabia appoints new CEO to drive NEOM’s mega-city project forward
In a big move, Saudi Arabia appoints Aiman al-Mudaifer as NEOM’s interim CEO, a strategic choice to advance the futuristic city’s progress and strengthen Vision 2030.Lebanon says 11 killed in Israel strikes across the country
Lebanon said Israeli strikes killed 11 people across the country TuesdaySaudi-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 Israeli occupation of all occupied Arab territories to the line of June 4, 1967," referring to the occupied West Bank and east Jerusalem as well as Gaza and the Golan...Avia to buy 40 Boeing aircraft
The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.Data Integrity: The foundation of true data freedom
Ensuring data integrity has become more challenging, leaving organizations at risk of data loss and corruption. during migrationPre-Covid travel industry arrival figures are back but venture capital is experiencing delays
The global tourism industry has turned the clock back to 2019 before COVID created a massive hole in worldwide passenger travel, mostly born out of health safety concerns. In 2023, UN Tourism tracked 1.3 billion global arrivals, up from 975 million a year earlier, near 2019 figures of 1.475 billion.World leaders meet for climate talks, but big names missing
Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate talks where the impact of Donald Trump's election victory is keenly felt.World leaders meet for climate talks, but big names missing raising concerns over global climate commitment
The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich nations and top emitters, including China and the Gulf states, something firmly rejected by Beijing.Donald Trump ramps up transition moves with key appointments
President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without Senate oversight.Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza
Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community to ensure respect the sovereignty of the "sisterly Islamic Republic of Iran".Saudi crown prince demands Gaza, Lebanon ceasefires at Arab summit
Prince Salman also called on Israel not to attack Iran, highlighting improving ties between Saudi Arabia and its former regional rival. Meanwhile, Lebanon's Prime Minister Najib Mikati warned that the country was suffering an "existential" crisis and hit out at countries meddling in its internal affairs -- a thinly veiled...COP29 opens with Trump climate withdrawal looming
he COP29 climate talks open Monday in Azerbaijan, under the long shadow cast by Donald Trump's re-election. Trump has pledged to reverse the United States' carbon-cutting commitmentsPortraits of pain: smuggled Palestinian art shows trauma of Gaza
Smuggled art pieces from Gaza are on display in an exhibition in Amman showcasing pain, suffering and a strong resolve of Gaza residents.Saudi hosts Muslim nations to discuss war in the Middle East with Trump in the equation
Arab and Muslim leaders are gathering in Saudi capital city Riyadh to discuss Israeli war against Gaza and Lebanon in a bid to send a message to President-elect Donald Trump.Liberal media and rifts between Biden-Harris teams cost Dems 2024 election
Party insiders cite a damaging rift between Biden and Harris teams as a major factor in the Democrats' 2024 defeat. Harris, sidelined early on, struggled to resonate with voters after stepping in late, leaving questions about her role, Naqvi argues, pointing to the need for Democratic introspection post-defeat.Arab, Muslim leaders fly to Saudi Arabia for talks on Gaza, Lebanon
Riyadh, Saudi Arabia -- Arab and Muslim leaders have begun arriving in Saudi Arabia for a summit scheduled for Monday that will focus on Israel's wars in Gaza and Lebanon, Saudi state media said.The Saudi foreign ministry announced the summit in late October during the first meeting of an "international alliance"...Bitcoin hits $80,000 for the first time on Trump return optimism
London, United Kingdom -- Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to the White House will be good for the cryptocurrency.The digital currency passed $80,000 for the first time in its history shortly after 12:00 pm (1200 GMT).It has been rising since...Qatar halts Gaza mediation efforts amid stalled talks on ceasefire and hostage release
The Gulf emirate, which has hosted Hamas's political leadership since 2012 with US blessing, has been involved in months of protracted diplomacy aimed at ending the 13-month old war that has killed 43,552 people in Gaza.Israeli football supporters back home after Amsterdam violence
Tel Aviv, Israel - A plane bringing Israeli football supporters home from Amsterdam landed at Israel's Ben Gurion airport on Friday after a night of violence that Israeli and Dutch officials condemned as "anti-Semitic".Dutch police said 62 arrests were made in connection with the violence, which erupted after a Europa League football...Buried for 14 hours after Israeli strike, Lebanese toddler makes recovery
The strike flattened an apartment complex and killed 15 people, many of them relativesUN probe says women, children comprise the majority of Gaza war dead
In a fresh report, the United Nations Human Rights Office (OHCHR) detailed a raft of violations of international law. Many could amount to war crimes, crimes against humanity and possibly even "genocide", it warned, demanding international efforts to prevent "atrocity crimes" and ensure accountability.Who will staff Trump’s Govt? A look at top contenders, with Elon Musk among the likely picks
Tesla CEO Elon Musk could head a new "Department of Government Efficiency," promising $2 trillion in federal budget cuts and ensuring "fair and humane" transitions for impacted government workers.Emirates half-year profit $2.5bn
The record profit is subject to new 9% corporate tax for the first time.Lebanon MPs demand UN protection of heritage sites from Israel attacks
The Lebanese MPs called on Azoulay to "urgently prioritize the protection of these historic sites by mobilizing UNESCO’s authority.Trump victory reflects Arab-American support, Netanyahu discusses Iran with him amid lingering regional conflict
In a unique campaign twist, Trump captured Muslim voters by pledging diplomacy, promising to end prolonged conflicts and promote stability, despite his controversial past record in the Middle East region.US Fed expected to look beyond Trump win and cut rates again
The labor market has remained resilient, despite a sharp hiring slowdown last month due to adverse weather conditions and a labor strike.Lulu’s IPO raises $1.72bn
The proceeds make it the largest UAE IPO of 2024 to date.What impact will Donald Trump have on the world economy?
Paris, France -- Donald Trump's return to the White House with his protectionist policies poses threats for the global economy, with the prospect of new trade wars, resurgent inflation and slower growth, experts sayGlobal trade threatened? During his first term in office from 2017 to 2021, Trump often resorted to punitive...AI-Driven technologies drive operational excellence, helping meet sustainability goals
Industrial AI and digital technologies are revolutionizing energy infrastructure, helping companies across asset-intensive sectors achieve operational excellence