Saudi Arabia and Iran hold discussions on bilateral and regional issues, especially on peace efforts in Lebanon and Gaza. Also, Hezbollah says it agreed for a ceasefire a day before Nasrallah was killed in an Israeli attacks, but the Israeli regime declined.

AviLease had purchased 13 aircraft from Avolon in 2023.

Iranian Foreign Minister Abbas Araghchi's arrival in Saudi Arabia aims to address Israeli military aggression in Gaza and Lebanon, seeking solutions to relieve the humanitarian impact on civilians.

The US Department of Justice (DOJ) made recommendations for Google’s search engine business practices on Tuesday, according to US media. The DOJ indicated that it was considering a possible breakup of the tech giant as an antitrust remedy.

Washington, United States - A US scientist who won the 2024 Nobel physics prize for his pioneering work on artificial intelligence said Tuesday he found recent advances in the technology "very unnerving" and warned of possible catastrophe if not kept in check.John Hopfield, a professor emeritus at Princeton, joined co-winner Geoffrey...

While Israel continues to attack Gaza and Lebanon, the situation is "very scary" in Gaza Strip according to a Red Cross official. Also, Lebanese government says it got assurances that Israel will not attack Beirut international airport.

This is equivalent to 6.78 fils per share, the company said.

The Israeli army warned late Monday that it would expand its operations against the Lebanese fighter group Hezbollah to Lebanon's coast

Crude oil prices soared nearly 9% last week, marking the biggest weekly gain since March 2023, following a significant escalation in Middle Eastern conflicts, Euronews reported.Some analysts believe that OPEC+ spare capacity and US production could offset any immediate supply shocks. However, a broader regional conflict in the Middle East...

Lebanon remains split over the group's decision to open a front against Israel in solidarity with Gaza and drag the country into war. Lebanon's power-sharing system divides authority among 18 religious sects, with Shiites, Sunnis and Christians maintaining a fragile balance.

Tunis, Tunisia - Kais Saied has been re-elected president of Tunisia with 90.69 percent of votes cast, electoral authority ISIE said Monday, although low turnout reflected widespread discontent in the cradle of the Arab Spring pro-democracy uprisings.Three years after Saied made a sweeping power grab, rights groups fear his re-election will...

Human Rights Watch said the strikes were "impeding civilians trying to flee and disrupting humanitarian operations", adding: "The situation places civilians at grave risk."

Israel began its commemorations Monday of the one-year anniversary of Hamas's deadly October 7 attack, with an outpouring of emotion at vigils at massacre sites and rallies calling for the return of hostages.Ceremonies and events are planned across Israel and in cities around the world to mark the anniversary of...

Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas and restore security across its borders.

With temperatures regularly topping 40 degrees Celsius, outdoor activities are severely limited. More than one million people have visited the night beaches since last year.

Dubai, United Arab Emirates -- US casino operator Wynn has received the first commercial gaming operator's license to be issued in the United Arab Emirates where gambling is currently banned.The license was issued by the General Commercial Gaming Regulatory Authority, which was set up last year to allow for commercial gaming...

As Israeli airstrikes rock Beirut, the UN demands peace and hostages’ release, and Macron criticizes Israel’s military actions, warning against further escalation in Lebanon and calling for political solutions.

"Our reaction to any attack by the Zionist regime is completely clear," Foreign Minister Abbas Araghchi told reporters in the Syrian capital, where he met top officials including Tehran's ally President Bashar al-Assad. "For every action, there will be a proportional and similar reaction from Iran, and even stronger," he...

Gotemba, Japan -- The Asia-Pacific Golf Confederation (APGC), the Masters Tournament and The R&A has announced that the 16th Asia-Pacific Amateur Championship will be contested at Emirates Golf Club’s Majlis Course in Dubai, United Arab Emirates (UAE), 23-26 October 2025. The Championship will return to Dubai and the Middle East...

Abu Dhabi, UAE - The UAE Ministry of Investment (MoI) announced today its support and key role in the advancement of the Ras El Hekma project and the participation of Emirati companies in its expansion and growth plan. This project is one of Egypt’s most ambitious coastal city developments.Located approximately...

The former president, speaking at a campaign event in North Carolina, referred to a question posed to Democratic President Joe Biden this week about the possibility of Israel targeting Iran's nuclear program. He issued a scathing statement this week, holding Biden and Harris responsible for the crisis.

Israel has intensified its attacks against Lebanon striking emergency services and professionals - a possible war crime. Several hospitals in Lebanon shut down after severe damage from violent Israeli attacks.

Ayatollah's rare address in Arabic follows Iran's second-ever direct attack on Israel; rallies held in Jordan and Bahrain in support of Hamas, Hezbollah.

The 12-year senior unsecured notes are sized $850m.

Oil prices could shoot up US$20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs, CNBC reported.U.S. crude futures rose around 5% on Thursday and ticked higher again Friday morning on concerns that Israel could strike Iran’s oil industry in retaliation for Tehran’s...

FIFA president Gianni Infantino said in a statement: "The FIFA Council has implemented due diligence on this very sensitive matter and, based on a thorough assessment, we have followed the advice of the independent experts. "The ongoing violence in the region confirms that, above all considerations... we need peace.

The Benghazi-based administration, which controls most of Libya's oilfields, said in a Facebook post it was "lifting the force majeure on all oil fields and resuming production and exports". In a statement, the National Oil Corporation confirmed ending the blockade which had cut crude production almost by half, to around...

Oil prices shoot up as Biden suggests that Israel might target Iranian oil facilities, while GCC Arab states, including Qatar, Saudi Arabia, and the UAE, reassure Iran of neutrality in the conflict between Tehran and Israel.

OpenAI has finalized a deal to receive US$6.6 billion in new funding from investors who valued the company at US$157 billion — the latest in a series of dramatic and sometimes polarizing moves for the ChatGPT maker, the Washington Post reported.The funding anoints the artificial intelligence company as one of...

The layoffs could affect about 10 percent of the workforce.

Riyadh, Saudi Arabia – Saudi Arabia is preparing to host the seventh edition of the Global Health Forum under the theme "Invest in Health" from October 21 to 23 at the Riyadh Exhibition and Convention Center in Malham. The event will bring together more than 1,200 international and local companies...

Iranian leadership vows strong retaliation if Israel attacks Iran as Hezbollah kills eight Israeli soldiers and destroys 3 tanks while Israel banned UN chief Antonio Guterres from entering Israel. Also, 90 people were killed in Gaza and dozens injured in fresh Israeli attacks.

"Anyone who cannot unequivocally condemn Iran's heinous attack on Israel does not deserve to step foot on Israeli soil," said Foreign Minister Israel Katz in a statement. "This is an anti-Israel Secretary-General who lends support to terrorists, rapists, and murderers," he said.

Rome, Italy -- The G7 on Wednesday vowed to work together to reduce tensions in the Middle East and said a diplomatic solution to prevent widening conflict "is still possible".Italian Prime Minister Giorgia Meloni -- whose country holds the G7 presidency this year -- called a telephone meeting of the body...

Sub-Saharan Africa accounts for the global cryptocurrency economy’s smallest share, representing 2.7% of transaction volume worldwide between July 2023 and June 2024. Nonetheless, Sub-Saharan Africa received an estimated US$125 billion in on-chain value during this period, a US$7.5 billion increase compared to last year.Cryptocurrency is undeniably transforming the financial landscape...

Hezbollah said Wednesday it clashed with Israeli soldiers who tried to infiltrate into Lebanon, and also targeted Israeli troops across the border, according to statements from the Lebanese group.Hezbollah fighters confronted "an Israeli enemy infantry force that tried to infiltrate into the village of Adaysseh... and clashed with them", a...

San Francisco, United States - Microsoft on Tuesday doubled down on deploying artificial intelligence to consumers, releasing an updated version of its Copilot chatbot that can hold voice conversations and interpret images."Copilot will be there for you, in your corner, by your side and always strongly aligned with your interests," said...

The big Detroit automaker reported 659,601 US sales during the period.

Iran launched around 180 missiles at Israel on Tuesday in response to the killings of Tehran-backed militant leaders, prompting alarm across the region and vows of retaliation.

Iran has launched a missile attack on Israel's commercial hub Tel Aviv, state media reported Tuesday. The official IRNA news agency said Iran had launched "a missile attack on Tel Aviv", without elaborating.

The deal values German chemicals group at $13.3bn.

Abu Dhabi, UAE -- Abu Dhabi's GDP increased by 4.1 percent during the second quarter of 2024, compared to the same period in 2023, according to the preliminary estimates revealed by the Statistics Centre – Abu Dhabi (SCAD).SCAD data said Abu Dhabi's GDP continued to record growth in total value,...

Iran is preparing an imminent ballistic missile attack against Israel, the United States said on Tuesday, warning that any such assault would have "severe" consequences for Tehran.

Asia-Pacific markets are mixed on Tuesday, after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the U.S. central bank should not be interpreted as a sign that future moves will be as aggressive, CNBC reported.“This is not a committee that feels like it’s in a hurry...

An Israeli strike on Beirut Friday killed Hassan Nasrallah, the head of the Lebanese militant group Hezbollah that has been armed and financed by the Islamic republic for years."We have not received any request in this regard from any side, on the contrary, we are informed and are sure that...

Riyadh, Saudi Arabia - Riyadh is currently hosting the third Seasonal Dates Exhibition, a major economic, social, and tourist event. Organized by the National Company for Agricultural Services, the exhibition is being held at Al-Rabwa Markets in the Al-Rabwa neighborhood, east of Riyadh, and will continue daily until the end...

Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal that could shake up Australia's Qantas-dominated market. Under the plan, Qatar would take a minority stake in Virgin for an undisclosed sum. The firms said it would spell more direct...

Saudi Arabia anticipates a budget deficit of 2.3 percent of GDP in 2025. Estimates put total government revenues for 2025 at approximately US$320 billion, which would create a deficit of US$27bn.

Israeli forces have launched limited incursions in Lebanon, the United States said on Monday, while Lebanon's national army, dwarfed by Hezbollah's military power, was "repositioning" troops farther from the border, said a military official.

Abu Dhabi, UAE -- Net investments by foreigners and institutions in UAE equities amounted to AED 18.3 billion ($4.9 billion) as a result of purchases during the first nine months of this year, distributed by AED 15.6 billion in the Abu Dhabi market and AED 2.64 billion in the Dubai...