AI startups swap independence for Big Tech’s deep pockets
Washington, United States -- It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants. Short on funds, in the past few months promising companies like Inflection AI...Dubai welcomes record 9.31m international overnight visitors in H1
Dubai, UAE -- Dubai welcomed 9.31 million international overnight visitors from January to June 2024, a 9 percent increase over the 8.55 million tourist arrivals in the first half of 2023, according to data published by the Dubai Department of Economy and Tourism (DET). Following a landmark 2023, when the...Israel vows retaliation after rocket kills 12 youths in occupied Golan Heights area
Israel's security cabinet on Sunday authorized Prime Minister Benjamin Netanyahu's government to decide on the "manner and timing" of a response to a rocket strike in the Israeli-occupied Golan Heights that killed 12 teenagers and children, and which Israel and the United States blamed on Lebanese armed group Hezbollah. Hezbollah...GCC countries host nine million Indians, UAE alone home to 3.55 million
New Delhi, UAE - The number of Indians living in the Gulf Cooperation Council (GCC) countries has crossed nine million, India's Minister of State for External Affairs, Kirti Vardhan Singh, told Parliament yesterday. Indians are employed in a wide range of professions from highly qualified fintech, healthcare, information technology, engineering...US defends forcing sale of TikTok app
TikTok's suit argues this violates First Amendment rights of free speech.Gaza mediators, Israel spy chief to meet in Rome: Egypt media
"A four-way meeting between Egyptian officials and their American and Qatari counterparts, in the presence of Israel's intelligence chief, will be held in Rome on Sunday to reach an agreement on a truce in Gaza," Al-Qahera news, which has links to Egyptian intelligence, reported on Friday, citing a "senior official"...Asian markets battle to recover from tech rout after reassuring US data
Asian traders struggled to fight back Friday after a tech-fuelled sell-off, taking heart from forecast-beating US growth data that reassured that the economy was still in rude health, but did not dent hopes for an interest rate cut. The positive performance came despite more losses on Wall Street, where the...UAE urges ‘temporary international mission’ for post-war Gaza
Washington has said repeatedly that it opposes post-war government of Gaza by either Israel or Hamas and has called for a reformed Palestinian Authority to take charge instead. The Palestinian Authority has had no presence in Gaza since Hamas seized sole control of the territory in 2007.Palestinian and Jewish protesters stage rare peace march
Chanting "yes, to peace, yes, to a deal", hundreds of Palestinian and Jewish Israelis marched noisily through Tel Aviv on Thursday night, demanding an end to the war in Gaza and the cycle of violence. While Tel Aviv's various protest groups may diverge on politics, they overlap in the call...GACA and SBJBC strengthen saudi-UK aviation ties in London roundtable
Led by GACA President, the meeting featured the British Ministry of Transport, the SBJBC, and key aviation industry leaders.Netanyahu, Biden to meet on elusive Gaza deal
Joe Biden will press Benjamin Netanyahu on Thursday to seal a Gaza ceasefire deal, despite the US president's shock election exit threatening to limit his leverage over the Israeli premier. Netanyahu will also meet Vice President Kamala Harris -- the likely new Democratic presidential nominee -- at the White House...World’s richest 1% gained $40 trn in a decade: Oxfam
Paris, France - The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda. Despite this windfall, taxes on the rich had plummeted to "historic lows", the...Boeing guilty plea deal filed
The plea deal must be approved by a federal court judge.In fuel-guzzling Saudi Arabia, electric cars pique interest
Riyadh, Saudi Arabia -- For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheel drive favored by motorists in the desert kingdom. The 39-year-old is part of a small but growing EV consumer base in Saudi Arabia, which...‘We love life’: Gaza’s war-weary footballers play on
For fans and players, Tuesday's match in the Jabalia refugee camp was a welcome distraction from the pangs of hunger and exhaustion endured.IOC creates historic Olympic Esports Games with 2025 launch in Saudi
History was made today when the International Olympic Committee (IOC) decided to create Olympic Esports Games. The first edition will be held in 2025 in the Kingdom of Saudi Arabia. The 142nd IOC Session in Paris endorsed the proposal by the IOC Executive Board (EB) unanimously. For the organisation of the Games, the...Dubai’s GDP tops $31.3 bn in Q1 2024, growing 3.2%
The financial and insurance sector saw a 5.6% rise, reaching USD 4.1 billion (AED 15.1 billion), supported by significant growth in credit and deposit balances.Saudi ministry, Red Sea Authority to boost coastal tourism
Riyadh, Saudi Arabia -- The Saudi Red Sea Authority, in cooperation with the Ministry of Tourism, has launched the "Seas of Excellence" training program to improve the quality of tourism services and adopt international best practices to deliver a luxurious coastal tourism experience.Minister of Tourism Ahmed Al-Khateeb attended the launch...Bangladesh arrest total passes 2,500
What began as demonstrations against politicized admission quotas for sought-after government jobs snowballed into some of the country's worst unrest.Paris prepares warm Olympics welcome — except for rats
While the Paris Olympics is set to be a festival of socializing and intermingling, city authorities are keen for visitors not to encounter any of the capital's notorious furry inhabitants. Humorously portrayed in the hit animated film "Ratatouille", the French capital's abundant rat population is no joke for the city's...Defiant Netanyahu to face US Congress amid Biden’s withdrawal
US Secretary of State Antony Blinken, using an American football image, said Friday that negotiators were "inside the 10 yard line and driving toward the goal line". Hamas has accused Netanyahu of seeking to block a deal however and Blinken said he wants to "bring the agreement over the finish...Saudi Arabia constitutes center for promoting moderate Islam: North Macedonia Mufti
Skopje – Islamic Union President and Republic of North Macedonia Mufti Sheikh Hafiz Şakir Fetahu stressed that Saudi Arabia has become a center for promoting the values of moderate Islam worldwide and serves as a model, especially in eastern European countries. In a press statement, he noted that the signing...Equinox and NEOM announce Equinox Resort Treyam in Magna
New York, US -- Luxury hospitality group Equinox Hotels has announced plans for the opening of Equinox Resort Treyam, one of Magna's twelve destinations, located on the coast of the Gulf of Aqaba. Magna's destinations, including Treyam, are part of NEOM, the evolving regional development, taking shape in northwest Saudi...Asian markets drop as Biden drops out of White House race
Asian markets fell Monday as Joe Biden's decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared to be unmoved by China's decision to cut interest rates in a bid to boost the country's stuttering economy. After last weekend's assassination attempt on Donald Trump --...The Biden bombshell: a plot twist that roils Trump too
With the Democrat no longer in the race, the Trump operation finds itself pushed into a strategic pivot, forced now to shift its messaging to fit a contest with no incumbent and a yet-to-be-confirmed opponent, although Biden did endorse Vice President Kamala Harris on Sunday as he pulled out of...Israeli settlers beat foreign volunteers in occupied West Bank
Nablus, Palestinian Territories -- Israeli settlers on Sunday attacked a group of foreign volunteers helping Palestinian farmers in the occupied West Bank, injuring some who needed hospital treatment, the activists and Israeli army said. Eight mainly American volunteers were working with the farmers in an olive grove near the Palestinian village...Iraq to import electricity from Turkey for northern provinces
Baghdad, Iraq -- Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as authorities aim to diversify the country's energy sources to ease chronic power outages. The 115-kilometre (71-mile) line connects to the Kisik power station west of Mosul and will provide 300 megawatts...Moonlit scramble across the sand for Turkey’s booming baby turtle population
Manavgat, Turkey - The baby loggerhead sea turtles emerged from their eggshells and began their first challenge in life: a wobbly dash across the sand to the moonlit waters of Turkey's Mediterranean coast -- sometimes with a helping hand from volunteers. It is a perilous journey into the unknown for the...Defiant Biden vows to ‘win’ despite growing revolt
Around 25 House Democrats and three senators have now called on Biden to drop out since a disastrous debate performance against Trump and a series of polls showing the Republican on course to win back the White House.Palestinians hail ICJ ruling calling Israeli occupation illegal
Jerusalem: The Palestinian leadership hailed as "historic" Friday a ruling by the top UN court that Israel's occupation of the Palestinian territories is illegal, but the opinion drew condemnation from Israel. The office of Palestinian president Mahmud Abbas said it welcomed the "historic decision and demands that Israel be compelled...Antivirus update sparks global tech chaos: Flights, banks hit
Air passengers crowded into airports to wait for news as dozens of flights were cancelled and operators struggled to keep services on track, after an update to a program operating on Microsoft Windows crashed the system. Microsoft said the issue began on Thursday, affecting Windows users running cybersecurity software CrowdStrike...Israel lawmakers vote to oppose Palestinian state
The vote, which drew swift criticism from the Palestinian leadership and the international community, is largely symbolic but laid down a marker ahead of a planned address by Netanyahu to the US Congress next Wednesday. The veteran hawk has shown little interest in efforts by the US administration to broker...US Department of State issues favorable 2024 Bahrain Investment Climate Statement
The investment climate in the Kingdom of Bahrain is positive and relatively stable. Bahrain maintains a business-friendly environment and a proactive approach to attracting foreign investment and business, the US Department of State statement revealed on Wednesday. State-owned enterprises (SOE) are the primary engines for growth, but Bahrain aims to...Saudi Arabia’s tourist spending reaches $40bn: minister
Saudi Arabia’s Minister of Tourism Ahmed Al-Khateeb highlights the upcoming launch of a tourist visa aimed at drawing more international visitors while speaking at a conference reviewing the 2024 summer tourism program.Hezbollah vows to hit new Israeli targets if civilians killed
Since October, the cross-border violence has killed 511 people in Lebanon.Record high Gold prices amidst expected September FED rate cut
Gold prices continued to notch new records Wednesday, lifted by increasing conviction that the Federal Reserve will cut interest rates in September following comments from Fed Chair Jerome Powell, CNBC reports. Spot gold prices Gold rose 0.5% to $2,482.29 per ounce, hitting an all-time high according to LSEG data. Gold...Israel bombs Gaza after US criticizes high civilian toll
The health ministry said a strike on a fuel station in Al-Mawasi in southern Gaza killed 17 people, and the Palestinian Red Crescent said a separate strike at almost simultaneously hit the UN-run Al-Razi School in the Nuseirat refugee camp in central Gaza, killing five people.IMF maintains 2024 global growth forecast, warns of inflation risk
The International Monetary Fund expects the world economy to grow 3.2 percent this year, unchanged from its April forecast, according to its World Economic Outlook update. "Global activity and world trade firmed up at the turn of the year, with trade spurred by strong exports from Asia," said the fund....Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates, CNBC reported. Speaking at the Economic Club of Washington D.C., Powell referenced the idea that central bank policy works with “long and variable lags” to explain why the...Hamas and Palestinian rivals Fatah to meet in Beijing: officials
Several reconciliation bids have failed, but calls have grown since the Hamas October 7 attacks on Israel set off the Gaza war, with violence also soaring in the West Bank where Fatah is based. China hosted Fatah and Hamas in April but a meeting scheduled for June was postponed.Al-Hada and Muhammadya Al-Shafa in Taif: A tapestry of tourism, nature
Taif, Saudi Arabia - Taif and its serene towering mountains, nestled deep within the majestic Sarawat Mountains, serve as a bridge connecting tourism and recreation. During summer, they form a distinct boundary between the Tihamah and Sarawat regions, a simple equation evident in meteorological data and rainfall patterns. This region...European Union imposes fresh sanctions on ‘extremist’ Israeli settlers
Brussels, Belgium -- The European Union on Monday announced sanctions on five Israelis -- including those termed "extremist settlers" -- and three organizations for abuses against Palestinians in the West Bank and blocking humanitarian aid to Gaza. The asset freezes and visa bans are the second round of sanctions from the...ADNOC Gas awards $550m contracts
The company aims to expand UAE gas infrastructure, increase customer reachHamas says pulling out of Gaza truce talks, as Israel keeps up strikes
A Hamas official said Sunday that the Palestinian group was withdrawing from Gaza truce talks, as Israeli bombardments hit a school a day after a deadly strike targeting the militant commander Mohammed Deif. Speaking after the strike on southern Gaza's Al-Mawasi, which the health ministry in the Hamas-run territory said...Biden tells Americans to ‘cool it down’ after Trump assassination bid
As the country reeled from images of a bloodied Trump waving his fist after the gunman opened fire at a campaign rally in Pennsylvania, Biden added that US politics "must never be a literal battlefield, God forbid a killing field."Dubai Summer Activities: A new guide to emirate’s attractions
Dubai, UAE -- A new #DubaiDestinations guide titled ‘Dubai’s Summer Activities’ invites residents and visitors to delve into an array of exciting indoor and outdoor activities available throughout Dubai during the summer.Developed by Brand Dubai, the creative arm of the Government of Dubai Media Office, the interactive guide forms part...Donald Trump wounded at rally shooting, Biden leads condemnation
US President Joe Biden led the condemnation after his election rival Donald Trump was wounded in an apparent assassination attempt at a Pennsylvania rally on Saturday, as some Republicans blamed the Biden campaign for the violence.Chinese company to build Saudi Arabia’s first ocean park
Riyadh, Saudi Arabia - Haichang Ocean Park Holdings, China's largest ocean theme park operator, announced plans on Thursday to build Saudi Arabia's first large ocean park, China News Service reported. The development is poised to invigorate the country's tourism sector as it strives to rank among the world's top 10...Saudi Arabia records 16% growth in air travel in first half: GACA
Riyadh, Saudi Arabia -- The number of air passengers in Saudi Arabia increased by 17 percent during the past six months to 62 million, compared to 53 million during the same period last year, the Kingdom's General Authority of Civil Aviation (GACA) said. The number of flights also reached approximately...Battles rock Gaza City after mass evacuation order
US President Joe Biden said that US diplomats were making "progress" with international mediators towards a ceasefire and stressed that "it's time to end this war"




















































