First India-Pakistan match since conflict fires up Asia Cup
New Delhi, India -- A blockbuster between India and Pakistan headlines the Asia Cup starting on Tuesday as they face off for the first time in cricket since the military conflict in May. Along with regional bragging rights, the Twenty20 competition will serve as a build-up towards the T20 World...
ADNOC Distribution H1 dividend $350m
The total dividend for 2024 is expected to be $700 million.Israel army tells Lebanese to ‘move away’ from Hezbollah sites
The Israeli military on Monday told people in Lebanon to move away from Hezbollah targets and vowed to carry out more "extensive and precise" strikes against the group."We advise civilians from Lebanese villages located in and next to buildings and areas used by Hezbollah for military purposes, such as those...United by innovation and progress: The enduring US-UAE partnership
‘’In close partnership, we are working to advance multilateral diplomatic solutions and provide urgently needed humanitarian assistance in Gaza and Sudan. Our ongoing defense and counterterrorism cooperation makes our countries and the world more secure. U.S. and UAE troops have stood shoulder to shoulder in six conflicts over the last...Iran arrests 12 accused of collaborating with Israel
Iranian authorities have announced the arrest of 12 people accused of "collaborating" with the country's arch-foe Israel, local media reported on Sunday. Meanwhile, Iran has enhanced efforts to build relations with its Arab neighbors by holding talks with Arab leaders at the United Nations.Egypt fears ‘all out’ regional war, says foreign minister
Egypt's foreign minister Sunday warned of the risk of an all-out regional war in light of intensified fighting between Israel and Lebanon's Hezbollah, saying the escalation "negatively impacted" a Gaza truce deal. Meanwhile, the world powers on Sunday implored Israel and Lebanon's Iran-backed Hezbollah movement to refrain from escalating their...UN adopts pact to tackle volatile future for mankind
UN members adopted a blueprint for the future Sunday to tackle the myriad wars, environmental threats, and technological challenges facing humanity that were hailed by the organization as "groundbreaking" but panned by critics as unambitious. Secretary-General Antonio Guterres billed them as "landmark agreements - a step-change towards more effective, inclusive,...Researchers decode oldest human DNA
The genetic sequences were from a man and a woman whose remains were found at a rock shelter near the southern coastal town of George, South Africa.Netanyahu says Israel has ‘landed a series of blows on Hezbollah’
Israeli Prime Minister Benjamin Netanyahu said Sunday that Israel has dealt serious blows to the Lebanese group Hezbollah, as rapidly escalating cross-border exchanges raised fears of an all-out war. Netanyahu's remarks follow a night of intense rocket fire at northern Israel that had sent hundreds of thousands of people to...Al Jazeera TV raided in West Bank; ordered to close for 45 days
Global news channel Al Jazeera said armed and masked Israeli forces raided its office in Ramallah in the occupied West Bank on Sunday and issued a 45-day closure order. It was the latest salvo in a long-running feud between the Arab broadcaster and Prime Minister Benjamin Netanyahu's government which has...Coal mine blast in Iran kills more than 50 mine workers
A blast caused by a gas leak at an Iranian coal mine has killed at least 51 people, state media said Sunday, in one of the country's deadliest work accidents in years. "The number of dead workers increased to 51" in the explosion at the Tabas mine in eastern Iran,...Saudi Arabia achieves 73 percent increase in international tourist arrivals: UN report
The kingdom welcomed 17.5 million international tourists in the first seven months of 2024, leading G20 nations in tourism growth for the period.Top Hezbollah commander killed in Israeli strike on Beirut
The killing of Aqil was the second of a senior Hizbollah commander since the start of the war in Gaza, following another Israeli strike in Beirut that killed Fuad Shukr in July. It also came after two waves of explosions, on Tuesday and Wednesday, of communication devices used by Hizbollah...GACA report: Riyadh’s King Khalid Airport ranked best for 15M+ passengers
Riyadh, Saudi Arabia - King Khalid International Airport in Riyadh secured the top spot in the category of airports with more than 15 million passengers annually, with an 82% compliance rate. Following closely behind was King Abdulaziz International Airport in Jeddah at 82%.This was revealed in the report issued by...Israel pounds Lebanon as Hezbollah vows revenge for device blasts
Israel said it struck hundreds of targets in Lebanon, hours after Hezbollah's leader vowed to retaliate for two "unprecedented" rounds of attacks targeting its operatives' communication devices.Israel has not commented on the explosion of thousands of Hezbollah pagers and radios, which killed 37 people and wounded nearly 3,000 over two...Hizbollah chief admits ‘unprecedented’ blow in device blasts
Israel has not commented on the attacks in which Hizbollah operatives' pagers and walkie-talkies exploded in supermarkets, on streets and at funerals, plunging the country into panic. But Defence Minister Yoav Gallant said on Wednesday, in reference to Israel's border with Lebanon: "The centre of gravity is moving northward."World Bank boosts climate financing by 10 percent
Washington, United States - The World Bank announced Thursday that it delivered a record $42.6 billion in climate change financing in the last financial year, up 10 percent from a year earlier.The development lender has looked to boost its climate financing commitment under new president Ajay Banga, who took over last...Global tourism nears full recovery, led by Middle East’s 26% growth in 2024
While Europe and Americas have nearly returned to pre-pandemic levels, the Middle East's growth outpaces all other regions, UN World Tourism Organization says.Elon Musk’s Starlink internet launches in war-scarred Yemen
Dubai, United Arab Emirates -- Tech billionaire Elon Musk's satellite internet service Starlink has launched in Yemen, provoking the anger of Iran-backed Houthi rebels in the country shattered by civil war.The company -- run by the world's richest person -- announced its arrival in Yemen, one of the world's least developed...Lebanon device blasts: what we know about deadly attacks
Hundreds of pagers and walkie-talkies used by Hezbollah exploded across Lebanon in unprecedented attacks this week, killing 37 people and wounding more than 2,900. The blasts spanning two days have dealt a major blow to the Iran-backed resistance groupLatest batch of device explosions in Lebanon stoking fears of a full-blown war with Israel
A second deadly wave of unprecedented explosions in the strongholds of Lebanon's Hezbollah left it in disarray on Thursday, hours before a major speech by its leader Hassan Nasrallah.The latest batch of device explosions killed 20 people and wounded more than 450 others on Wednesday, officials said, stoking fears of...‘Saudi Arabia’s tourism sector to achieve 150 million visitors by 2030’
Saudi Arabia isn't aiming to be the next Dubai but is forging its own unique path in tourism," Aradhana Khowala tells TRENDS in an exclusive interview.Lebanon under attack. Fears of all-out war. 20 killed, 450 injured. Israel blamed and flayed.
A second wave of device explosions killed 20 people and wounded more than 450 in Lebanon on Wednesday, officials said, stoking fears of an all-out war in the region. On Tuesday, pager explosions killed 12 and injured more than 2,800 people in Lebanon blamed on Israel.UN rights chief demands accountability for Lebanon pager blasts
The explosions that killed 12 people, including two children, and wounded up to 2,800 othersWhat a Fed rate cut could mean for the world
The U.S. Federal Reserve is on Wednesday heading for its first interest rate cut since the onset of the COVID-19 pandemic — and despite the move being widely forecast, global investors are braced for impact, CNBC reportedThe Fed is behind a swathe of its central bank peers, including those in...What are the needs and challenges of an ageing workforce?
Age bias in the world of work is real. But it is more complex and nuanced than the common narrative around ageism. Individuals struggle to return to work for many reasons. There are five interrelated dimensions we are seeing, all of which will require ecosystem-based solutions.UAE banks’ Q2 investments in Islamic certificates, cash bills surge to $61.81bn
The banking sector in the country maintained strong capital adequacy, exceeding Basel 3 requirements, according to the Central Bank.Israel infiltration in Hezbollah supply chain likely behind pager explosions; 9 dead, 2,800 injured
Lebanon's health minister said nine people were killed and some 2,800 wounded Tuesday when pagers used by Hezbollah members exploded across the country. The blasts "killed nine people, including a girl", minister Firass Abiad said in a casualty update.Middle East renewable energy projects investments reach $75bn
London, UK -- The Middle East is moving towards investing $75.63 billion in renewable energy projects until 2030, according to a new report.The report, released today by the Energy Industry Council, showed that these investments include 116 renewable energy projects, which are expected to be operational between 2025 and 2030.These...Israel PM adds war goal of allowing northern residents to return home
Israel's Prime Minister Benjamin Netanyahu on Tuesday expanded the country's goals for the war in Gaza, vowing to allow Israelis who fled areas near the Lebanon border to return to their homes.Nearly a year after Hamas's October 7 attack sparked war in the Gaza Strip, cross-border fire has been traded...Residential, hospitality sectors drive Saudi Arabia’s real estate market in H1 2024
The Kingdom’s tourism and entertainment investments, including a new star rating system, support growth in hospitality, positioning Saudi Arabia as a global leisure destination by 2030.Israel faces risks of global isolation and losing UN membership over Gaza genocide, say UN experts
Experts from the United Nations have warned that Israel might become a pariah state, and its UN membership is under question as Tel Aviv continues to commit genocide in Gaza killing more than 40,000 people since October 7, 2023. Experts also reprimanded the Western countries for double standards on Netanyahu’s...First Palestinian ambassador to Spain submits credentials
The head of state welcomed Housni Abdel Wahed to the royal palace in Madrid for the traditional ceremony for newly appointed foreign ambassadors to SpainEurope’s Electric Vehicle troubles bubble up at Brussels Audi factory
Brussels, Belgium -- Outside an Audi factory in Brussels described by the German carmaker as the "cradle" of its electric drive, around 200 picketing workers huddled around a bonfire in the morning drizzle.The firm is considering closing the plant, a move that analysts say is symptomatic of the troubles afflicting Europe's...TAQA launches new corporate identity
Abu Dhabi Energy Services will be renamed as TAQA Services.Stocks firm, dollar subdued as market flirts with outsized Fed cut
Asian stocks dithered and the dollar slipped on Monday in a week that is almost certain to see the start of an easing cycle in the United States with investors flirting with the chance of an outsized move, Reuters reported.Central banks in Japan and the UK also meet this week, with both...Yemeni rebel missile hits central Israel in rare attack
Jerusalem, Undefined - A missile launched by Yemen's Hamas-aligned Houthi rebels hit central Israel on Sunday, a rare incident which caused no casualties but added to regional tensions nearly a year into the Gaza war.Prime Minister Benjamin Netanyahu said the Iran-backed Houthis will pay a "heavy price" for the attack, which...Trump safe after apparent assassination attempt, person in custody
The incident came amid heightened tensions in the knife-edge presidential race, and concern for the safety of both candidates. "There is no place for political violence or for any violence ever in our country," President Joe Biden said in a statement.Russia-Ukraine: A tragic comedy of errors
As the Russia-Ukraine conflict grinds on, the West's financial commitment grows, while neither Zelenskyy nor Putin shows interest in peace talks. Zelenskyy, backed by Western support, has postponed elections, and the war allows him to stay in power as well as avoid focusing on Ukraine’s struggling economy.Gaza rescuers say Israeli strike on house kills 11, including children
"We have recovered the bodies of 11 martyrs, including four children and three women, after an Israeli warplane hit a three-story house of the Bustan family," Mahmud Bassal, spokesman for the civil defense agency said. He said that the house was located near the Shujaiya school in the Al-Tuffah neighborhood...GACA and Volar to build UAE’s first Green Aviation Technology Center
Montreal, Canada -- The General Civil Aviation Authority (GACA) and Volar Air Mobility have signed a Memorandum of Understanding (MoU) to develop the UAE's first Green Aviation Technology Hub, marking an important step in the country's efforts towards environmental sustainability and aviation innovation."The signing of the MoU took place on...Standard & Poor’s affirms Saudi Arabia’s ‘A/A-1’ credit rating
Riyadh, Saudi Arabia – Standard & Poor's (S&P) affirmed the Kingdom's credit rating in local and foreign currency at "A/A-1" with an improvement in outlook from "stable" to "positive," according to its recently issued report.In its report, S&P explained that its affirmation of the Kingdom's strong credit rating results from...Stock markets rise, gold hits record high as US rate cut nears
More data this week suggesting the Federal Reserve was winning the battle against inflation provided an extra kick for global equities after recent drops caused by worries of a possible US recession. Wall Street shares were up near midday deals while European markets closed in the green, a day after...Aramco Digital, Groq to build world’s largest AI inferencing data center
Riyadh, Saudi Arabia -- Aramco Digital Company and Groq, a leader in artificial-intelligence (AI) inference, have announced their partnership to establish the world's largest inferencing data center in Saudi Arabia. The announcement was made on the sidelines of the Global AI Summit (GAIN Summit), which concluded in Riyadh on Thursday.The...Raided West Bank city holds funerals after Israeli army withdraws
On Friday morning, hundreds of people walked through the streets of Tubas alongside the four bodies hoisted on stretchers and wrapped in white clothNorth Korea shows first photos of banned uranium enrichment site
North Korea for the first time showed images of the centrifuges that produce fuel for its nuclear bombs on Friday, as leader Kim Jong Un visited a uranium enrichment facility and called for more weapons-grade material to boost the arsenal, Reuters reported.The state media report on Kim's visit to the...Microsoft cutting more jobs from its gaming unit amid industry layoffs
San Francisco, United States- Microsoft is cutting about 650 more positions from its gaming unit as it continues to tighten its belt following the blockbuster buyout of "Call of Duty" maker Activision Blizzard.The elimination of mostly corporate and support roles across Microsoft Gaming is intended to "organize our business for long-term...US releases $1.3 billion in military aid to Egypt
The United States, Egypt and Qatar are parties to the negotiations for the release of the hostages held by Hamas since its attack on Israel on October 7, and on the cessation of a subsequent Israeli military operation in Gaza that has killed tens of thousands.Dubai tourism shines: 25 percent repeat visitors, rising AI use
Dubai, UAE -- Dubai Corporation for Tourism and Commerce Marketing (DCTCM) has confirmed that 25 percent of visitors to Dubai are repeat visitors, reflecting their satisfaction with the experience the city has to offer.Speaking at a keynote session on the second day of the Dubai AI and Web 3 Festival,...EU’s top diplomat urges de-escalation at Lebanon-Israel border
As war has raged in the Gaza Strip following Hamas's October 7 attack on Israel, Lebanon's Hezbollah has traded near-daily fire with Israeli forces in support of the Palestinian groupUN chief says six colleagues killed in Israel strike on Gaza school
United Nations Secretary-General Antonio Guterres said late Wednesday that Israeli air strikes on a school-turned-shelter in Gaza killed six staffers from the UN Palestinian refugee agency (UNRWA)."What's happening in Gaza is totally unacceptable," Guterres said in a post on social media platform X. "Six of our @UNRWA colleagues are among...