Hong Kong, China - Gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity at a time of heightened geopolitical uncertainty, including in the Middle East after Israel said it killed Hamas chief Yahya Sinwar.Bullion hit an all-time high of $2,704.89 in early Asian...

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.

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.

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.

While international pressure on Israel for ceasefire in Lebanon and Gaza intensifies, Netanyahu refuses to slow down military operations. Lebanese authorities say 1,540 people have been killed and 5,410 wounded in the ongoing hostilities over the past 11 months.

Russian President Vladimir Putin said Wednesday he expected his Turkish counterpart Recep Tayyip Erdogan to attend a BRICS summit in Russia next month after Türkiye requested to join the group of emerging economies. Putin said he was due to meet Erdogan on October 23, a day after the start of...

US President Joe Biden's top priorities for the past 11 months has been to prevent the Gaza war from spiraling into an all-out regional conflict. With the unstoppable Netanyahu, the haughty has beaten the mighty - black and blue.

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...

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.

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.

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 World Trade Organization's 13th ministerial conference (MC13), scheduled to run until Thursday in Abu Dhabi, the capital of the United Arab Emirates, is the first in two years. The WTO is hoping for progress, particularly on fishing, agriculture and electronic commerce.

Davos, Switzerland--A new World Economic Forum report titled the Future of Growth Report 2024 foresees a significant economic slowdown, estimated to fall to the lowest rate in three decades by 2030, amid ongoing economic and geopolitical shocks. The report released today, offers a re-evaluation of global economic growth, introducing a...

The Chinese and Russian reprimands ring hollow for US officials, who doubt the rival powers will engage in painstaking diplomacy along the lines of Secretary of State Antony Blinken's recent trip to the region. But the United States has historically stood out as a lonely voice in its close embrace...

External shocks, such as COVID, Ukraine war and rising costs have exacerbated economic disparities, while geopolitics hinders effective global decision-making, says an expert.

Dubai, UAE-- CEOs from around the world consider geopolitics and political uncertainty as the greatest risk to the growth of their business — be it navigating a company’s presence in a conflict zone or attempting to navigate disrupted supply chains and manage price fluctuations. The conclusion emerged from a survey...

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare.

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare.

Geopolitical tensions, such as the Russian-Ukrainian war and the trade war between the United States and China, have sent shockwaves through the oil market, says an expert.

The GCC countries and Russia have adopted a joint statement and a joint action plan for 2023-2028 following their meeting, Russian Foreign Minister Sergey Lavrov said. Later Lavrov met with the Saudi foreign minister to discuss strategic cooperation between the two countries.

The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started, following the ones signed with India and Israel in February and May, respectively.

Inflation spawns numerous hurdles as GCC business leaders struggle to find a way to surmount the difficulties aggravated by geopolitical events.

The UAE has called for a stronger investment in oil and gas resources in order to protect the global economy from the effects of geopolitical issues and to manage the energy transition of the future.

The metaverse is a 3D virtual world where people will be able to interact using sensors, head gear and other gadgets.

The Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar.

The credit ratings agency has said the prospects for global economic growth have softened, even if it was to a modest extent.

Iran said Monday any new talks with Saudi Arabia will depend on Riyadh's willingness to move ahead and be more "serious" to ease tensions after a five-year rift. The regional powers have been engaged in talks since April with the aim of improving ties, with four rounds of discussions taking...

Taliban fighters swept into the airport and fired weapons into the sky in jubilation as the last of the American troops left on Monday night.

In 1978, Egyptian journalist Mohamed Heikal declared in his book Sphinx & Commissar that Soviet influence in the Middle East was a “spent force”, undermined by Moscow’s inability to be both a superpower and “the bastion of world revolution”.  One decade later, as the Soviet Union collapsed in 1989-91, some...

The past year has seen Turkey distance itself from some of its long-standing political alignments, easing away from the West and adopting a more Eastern-focused stance with regard to the Middle East, gravitating into an orbit that includes Iran, Qatar and Russia, though many analysts feel this shifting of poles...