Asian stocks mostly up after US tech rally
Asian stocks were mostly higher on Tuesday after a tech rally on Wall Street, but their gains remained modest in thin Christmas Eve trade. European stocks bounced around while US equities shook off early weaknessNetanyahu tells Israel parliament ‘some progress’ on Gaza hostage deal, defence minister admits to killing Haniyeh
In an interview with The Wall Street Journal last week, Netanyahu said, however, said he was not going to agree to end the war before they remove Hamas, adding Israel was "not going to leave them in power in Gaza, 30 miles from Tel Aviv."Honda and Nissan expected to begin merger talks
Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles. Their collaboration would create the world's third-largest automakerIn stabilization bid, Syria’s new ruler declares all weapons under state control, including Kurdish arms
Ahmed al-Sharaa announced all weapons, including those held by Kurdish-led forces, will come under state control, emphasizing unity and coexistence after toppling Bashar al-Assad's regime in a sweeping offensive.Pope again condemns ‘cruelty’ of Israeli strikes on Gaza
"And with pain I think of Gaza, of so much cruelty, of the children being machine-gunned, of the bombings of schools and hospitals. What cruelty," the pope said after his weekly Angelus prayer. It comes a day after the 88-year-old Argentine lamented an Israeli airstrike that killed seven children from...Tunisia women herb harvesters struggle with drought and heat
In Tunisia's highlands, women harvest wild herbs to earn a living, but drought is making their work harder, shrinking incomes and opportunitiesPost-Assad Syria seeks peace; Erdogan pushes anti-terror agenda, US warns on Kurdish conflict
Barbara Leaf, Washington's top diplomat for the Middle East, told Syria's new leader Ahmed al-Sharaa of the "critical need to ensure terrorist groups cannot pose a threat inside of Syria or externally, including to the US and our partners in the region."AD Ports Group secures $2.125 billion refinancing deal
The move aims to optimize financing costs.UAE says will not arm Sudan paramilitary RSF: White House
Washington, United States -- The United Arab Emirates has informed the United States that it will not arm paramilitaries in Sudan's brutal civil war, US lawmakers long critical of the Gulf power's role quoted the White House as saying on Thursday. The assurance came as the United States announced $200 million...Biden cancels $4.28 bn more in student debt before leaving office
Washington, United States -- US President Joe Biden said Friday he was canceling student loans for an additional 55,000 Americans, which would amount to wiping out $4.28 billion in debt in his final month in office. The mass cancellation of debt is for "teachers, nurses, service members, law enforcement officials, and...Honda and Nissan in merger talks as electric vehicle competition intensifies
Tokyo, Japan --Japanese auto giant Honda and its struggling rival Nissan will reportedly begin talks on a merger to boost their strength in electric vehicles, where Chinese brands are racing ahead. At the same time, Taiwanese electronics behemoth Foxconn has approached France's Renault to buy its large stake in Nissan, according...Hackers stole US$2.2bn in crypto through 2024, Chainalysis Research
Crypto hackers stole US$2.2bn worth of crypto. This amount was a 21 percent yoy increase, the fourth consecutive year they stole US$1bn+ in crypto. Although DeFi still accounted for the largest share of stolen assets in the first quarter of 2024, centralized services were the most targeted in Q2 and...3 ways travel drives economic growth while enhancing global connections and sustainability
WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs in 2020 alone, travel and tourism has recovered and is set to reach new heights. The travel sector is expected to continue to grow, creating over 100 million new jobs, adds the author.Turkey, Iran leaders at Cairo summit urge action to address Gaza, Syria crises
Cairo, Egypt -- The leaders of Turkey and Iran were in Egypt on Thursday for a summit of eight Muslim-majority countries, meeting for the first time since the ouster of Syria's president Bashar al-Assad. Turkey historically backed the opposition to Assad, while Iran supported his rule. The gathering of the D-8...Turkey’s Pegasus Airlines says to buy 200 Boeing 737 aircraft
Istanbul, Turkey -- Turkey's Pegasus Airlines said Thursday it would buy 200 Boeing 737 MAX 10 aircraft in its largest-ever order worth some $36 billion as it seeks to expand its service. "Pegasus has signed an agreement with The Boeing Company for 200 Boeing 737-10 aircraft," the low-cost airline said in...HRW accuses Israel of ‘acts of genocide’ for restricting Gaza water access
Human Rights Watch (HRW) accused Israel of committing "acts of #genocide" in the Gaza Strip by damaging water infrastructure and cutting off supplies to civilians, calling on the international community to impose targeted sanctionsUN urges ‘free and fair’ elections in Syria post-Assad ouster amid ongoing challenges
Turkey's Foreign Minister warned Syria's new government to address Kurdish militancy, signaling potential intervention if unresolved with tensions rising with pro-Turkey fighters clashing against Kurdish-led forces despite a US-brokered truce.Saudi tourism sector employee number rises by 5.1 percent in second quarter
Riyadh, Saudi Arabia – The number of employees in tourism-related activities in Saudi Arabia increased by 5.1 percent in the second quarter of 2024 compared to the same period in 2023, reaching 959,175, according to the General Authority for Statistics (GASTAT). GASTAT's Tourism Establishments Statistics bulletin for the second quarter...Coal use at record high in 2024, the world’s hottest year: IEA
Paris, France -- World coal use is set to reach an all-time high in 2024, the International Energy Agency said Wednesday, in a year all but certain to be the hottest in recorded history. Despite calls to halt humanity's burning of the filthiest fossil fuel driving climate change, the energy watchdog...UN envoy warns Syria conflict not over yet
United Nations' special envoy for Syria, Geir Pedersen, referring to fighting between the US-backed, Kurdish-led Syrian Democratic Forces (SDF) and Turkish-backed groups who have captured several Kurdish towns in recent weeks and millions in refugees returning, said that conflict in Syria could re-emergeUN envoy warns Syria conflict persists as rebels seek international ties post-Assad ouster
The UN migration chief expressed concerns about large-scale refugee returns destabilizing Syria further, particularly affecting religious minorities who fled violence during the Assad regime’s brutal crackdown and subsequent years of conflictADNOC Drilling closes JV
It is a JV between ADNOC Drilling, SLB and Patterson UTI.TikTok under fire: Espionage claims, election influence campaigns and controversies
The platform faces accusations of espionage in the United States, while the European Union has launched an investigation into claims it was used to sway Romania's presidential election in favor of a far-right candidate.Syria since Assad’s overthrow: latest developments
HTS leader Abu Mohammed al-Jolani said that all rebel factions in Syria would "be disbanded and the fighters trained to join the ranks of the defense ministryJolani vows to disband rebel factions, integrate fighters into Syria’s Defence Ministry for unity
Jolani emphasized unity in Syria, advocating a social contract among religions for justice, while urging diplomats to lift sanctions to facilitate refugee returns and support the nation’s recovery and stability.World’s rarest coffees to be auctioned for first time in Dubai
Dubai, UAE -- Coffee aficionados and industry leaders will converge in Dubai this February at World of Coffee (WOC) Dubai 2025 to participate in its first DMCC Specialty Coffee Auction, where some of the globe's rarest and most exquisite coffee beans will be up for bidding. Through a special strategic...US stocks mostly rise ahead of expected rate cut, bitcoin hits new record
The Fed is widely expected to cut its key lending rate for a third straight time, reducing it by a quarter point despite a recent uptick in inflation. But there are fears it will have to slow its pace of easing next year owing to sticky inflation and bets that...Nations step up outreach to Syria’s post-Assad rulers
Governments worldwide are stepping up efforts to engage with Syria's new interim rulers, just over a week after Islamist-led rebels ousted President Bashar al-Assad, ending decades of brutal rule and civil warIsrael approves plan aiming to double annexed Golan population, Saudi calls it ‘sabotage’ of Syria
The occupied Golan is home to about 23,000 Druze Arabs, whose presence predates the occupation and most of whom retain Syrian citizenship, as well as around 30,000 Israelis.Key Libya oil refinery halts operations after clashes: state firm
Tripoli, Libya -- A key oil refinery in western Libya suspended operations after armed clashes erupted early on Sunday, causing fires in several storage units, the state petrol company said. Libya's National Oil Corporation (NOC) "declares a force majeure... because several Zawiya refinery storage tanks sustained significant damage from gunfire... that led to...US Federal Reserve expected to cut rates in last meeting of Biden era
Washington, United States -- The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency. The Fed is also tipped to signal a slower path of...US contacts Syria’s HTS, Turkey reopens embassy, as Assad allies Iran and Russia face setbacks
The United States said Saturday it had made contact with Syria's victorious Hayat Tahrir al-Sham rebels, despite previously designating the group as terrorists, following Bashar al-Assad’s ouster last weekendCybersecurity in 2024: From talent shortages to resilience against emerging tech risks
In 2024, cybersecurity remained central, addressing skill gaps and the impact of generative AI. A Strategic Cybersecurity Talent Framework offered solutions to workforce shortages, while reports underscored resilience against rising cyber risks. The global outage in July and ongoing cybercrime challenges reinforced the need for collaborative efforts to protect economies...Family-friendly ‘Astro Bot’ wins highest award at Oscars of video games
Los Angeles, United States -- Video game "Astro Bot" -- a family-friendly sci-fi adventure -- was named 2024's Game of the Year on Thursday at the annual awards considered the Oscars of the digital entertainment industry. The platform game featuring the adventures of a small space robot was also awarded "best...Boeing to boost 787 production
The firm will invest$1bn to ramp up production in South Carolina.Asian markets retreat as China pledges fail to spark excitement
Asian markets fell Friday as China's latest vows to boost the beleaguered economy failed to stir much excitement, while traders looked ahead to a key Federal Reserve policy meetingG7 meeting to address Syria’s challenges following Assad’s ouster
Damascus, Syria - G7 leaders will meet virtually Friday to discuss the momentous changes underway in Syria, where the interim government has vowed to institute the "rule of law" after years of abuses under ousted president Bashar al-Assad. Assad fled Syria after a lightning offensive spearheaded by the Islamist Hayat Tahrir...UNRWA warns of ‘apocalyptic’ conditions as Israeli airstrikes target aid, refugee camps, kill 58
The latest bloodshed came despite growing optimism that negotiations for a ceasefire and hostage release deal might finally succeed, with US National Security Adviser Jake Sullivan saying on Thursday that the regional "context" had changed in favour of an agreement.‘A matter of pride’: Saudis rejoice as World Cup bid approved
Riyadh, Saudi Arabia -- Fireworks and drones depicting the iconic golden World Cup trophy lit up the sky in Saudi Arabia's capital Wednesday after FIFA confirmed the Gulf kingdom would play host to the tournament in 2034. While the news was hardly a surprise, with Saudi Arabia emerging as the sole...Ras Al Khaimah tourism sector contributes 5 percent to GDP: Official
Ras Al Khaimah: Ras Al Khaimah seeks to welcome 3.5 million tourists annually by 2030, says Raki Philipps, CEO of Ras Al Khaimah Tourism Development Authority. In his address at a recent forum in the northern emirate, Phillips highlighted that tourism is Ras Al Khaimah’s fastest growing sector, contributing 5% to the...54 journalists killed in 2024, a third by Israel: media group
Fifty-four journalists were killed worldwide while carrying out their work or because of their profession in 2024, a third of them by the Israeli army, according to an annual report by Reporters Without Borders (RSF) published Thursday.Transition in Syria: New PM says will ‘guarantee’ rights of all religious groups
With Assad's overthrow plunging Syria into the unknown, its new rulers have sought to assure religious minorities that they will not repress them, pledging also justice for the victims of Assad's iron-fisted rule.Google unveils its most advanced Artificial Intelligence model, Gemini 2.0
San Francisco, United States -- Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast-developing technology. CEO Sundar Pichai said the new model would be marking what the company calls "a...Crunch time for Saudi-hosted drought, desertification talks
Riyadh, Saudi Arabia -- Landmark talks on desertification are set to conclude in Saudi Arabia this week amid doubts that pledged funds will make a meaningful difference in the fight against the growing scourge. The 12-day meeting of parties to the United Nations Convention to Combat Desertification (UNCCD), known as COP16, has...South Korean police raid president’s office
#South #Korean police raided President #Yoon Suk #Yeol's office as part of the investigation into his declaration of #martial law. his Second impeachment vote is set for SaturdayNew Syrian rulers pledge stability, accountability, and reconstruction after Assad’s ouster
Abu Mohammed al-Jolani, the Islamist leader who headed the rebel offensive, had previously announced talks on a transfer of power and vowed to pursue former senior officials responsible for torture and war crimes.Air passenger numbers to top five billion for the first time in 2025: IATA
Geneva, Switzerland -- Air passenger numbers are forecast to top five billion for the first time next year and the sector's revenues will break the trillion-dollar barrier, the global aviation body IATA said Tuesday. "Passenger numbers are expected to reach 5.2 billion in 2025, a 6.7 percent rise compared to 2024...Syria rebel leader vows to pursue former officials for torture, war crimes
Syria's Islamist rebel leader on Tuesday vowed to pursue former senior government officials responsible for torture and war crimes, a day after he began talks on the transfer of power following president Bashar al-Assad's ouster.European countries suspend Syrian asylum decisions after Assad’s fall
While Berlin and other governments said they were watching the fast-moving developments in the war-ravaged nation, Vienna signaled it would soon deport refugees back to Syria.UAE to introduce 15% tax rate on corporate profit from Jan 2025
Dubai, United Arab Emirates -- The United Arab Emirates, home to the regional headquarters of numerous multinational companies, said Monday it would introduce a 15 percent tax rate on corporate profits from January 2025. The move will bring the UAE in line with efforts towards a global minimum corporate rate. "This...




















































