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...

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."

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...

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.

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...

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 group

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...

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.

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.

The explosions that killed 12 people, including two children, and wounded up to 2,800 others

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 reported The Fed is behind a swathe of its central bank peers, including those...

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.

The banking sector in the country maintained strong capital adequacy, exceeding Basel 3 requirements, according to the Central Bank.

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.

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...

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...

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.

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...

The head of state welcomed Housni Abdel Wahed to the royal palace in Madrid for the traditional ceremony for newly appointed foreign ambassadors to Spain

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...

Abu Dhabi Energy Services will be renamed as TAQA Services.

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...

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,...

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.

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.

"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...

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...

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...

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...

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....

On Friday morning, hundreds of people walked through the streets of Tubas alongside the four bodies hoisted on stretchers and wrapped in white cloth

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...

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...

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, 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...

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 group

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...

In an interview with TRENDS, CEO of ITCN Asia, Muhammad Umair Nizam highlights the expanding role of Pakistani IT firms in the GCC tech landscape.

The fifth annual Chainalysis Global Crypto Adoption Index looks at both on- and off-chain data to determine which countries are leading the world in grassroots crypto adoption. Our research highlights countries where unique cryptocurrency use cases are taking hold, and explores why people in countries around the world are embracing...

The property website said the bid was undervalued.

Abu Dhabi, UAE -- The Central Bank of the UAE (CBUAE) revealed that total banking assets, including bank acceptance certificates, rose to AED 4.31 trillion ($1.16 trillion) at the end of June, a month-on-month increase of 0.5 percent, compared to AED 4.28 trillion in May 2024. In a report entitled "Monetary...

The European Central Bank on Thursday is set to slash rates again by 25 basis points just days ahead of the U.S. Federal Reserve beginning its own rate-cutting cycle, CNBC reports. Traders are widely anticipating an interest rate cut at the Federal Reserve’s Sept. 17-18 meeting, as well as at...

With 93% of Saudi workers considering generative AI essential, alongside 95% in the Middle East and 79% globally, the region's prioritization of AI is evident.

Mohammad Qassem al-Shaer, "a field commander" in the group's elite Radwan Force, "was targeted in an Israeli strike on a motorcycle in the Bekaa" Valley in Lebanon's east, far from the Israeli border

Cupertino, United States - Apple on Monday unveiled new iPhones built for generative artificial intelligence as it seeks to boost sales and show it is keeping up in the technology race. The tech giant has a lot riding on the new iPhone 16 and hopes that customers are enticed to buy...

Gaza civil defence official Mohammed Al-Mughair told AFP early Tuesday that "40 martyrs and 60 injured were recovered and transferred" to nearby hospitals following the overnight strike. "Our crews are still working to recover 15 missing people as a result of targeting the tents of the displaced in Mawasi, Khan...

The WTO's 2024 report on global trade looked at the role that commerce has played to narrow the gap between economies since its creation in 1995. "Perhaps the biggest takeaway from the report is its reaffirmation of trade's transformative role in reducing poverty and creating shared prosperity," WTO Director-General Ngozi...

Veendam, Netherlands -- The dream of hurtling between European cities at speeds of more than 700 kilometers per hour moved a step closer Monday with the first successful vehicle tests at the European Hyperloop Centre. Hovering inside a sleek 420-meter (1,377-foot) white tunnel, a dark and light grey striped pod levitates...

Jordanians will head to the polls on Tuesday to vote for a new parliament amid widespread frustrations over a lagging economy and the ongoing war in Gaza. Just two days ahead of the vote, in a rare surge of violence, a Jordanian killed three Israeli guards at the border crossing...

"We have enough forces to deal with Gaza and we should concentrate on what is going on in the north," Gantz said, speaking in Washington at a Middle East forum where he also said Iran and its proxies were "the real issue." "The time of the north has come and...