Multiply Group will hold 60.8% of ISEM.

Vatican City, Holy See -- Tens of thousands of pilgrims are expected at the Vatican Sunday for the canonization of an Italian teenager dubbed "God's Influencer" for his efforts to spread the Catholic faith online. Carlo Acutis, who died of leukemia in 2006 aged 15, will be made the first...

Milan, Italy - Giorgio Armani's death leaves a vacuum at the top of his billion-dollar luxury business, an independent empire he built up over 50 years spanning hotels to haute couture. Sprawling empire Born into a modest family in northern Italy, Armani, who died on Thursday aged 91, became one...

Rome, Italy -- Italian fashion legend Giorgio Armani, king of a high-end lifestyle empire, has died at the age of 91 "surrounded by his loved ones", his company said Thursday. "With infinite sorrow, the Armani Group announces the passing of its creator, founder, and tireless driving force: Giorgio Armani," it...

A young Palestinian woman who was flown from Gaza to an Italian hospital in a severely emaciated state for treatment has died, the hospital said Saturday.

Q2 net profit fell by 18% to $637 million.

Algiers, Algeria - Algeria's state-run hydrocarbon company Sonatrach and the Italian energy company Eni on Monday signed a production sharing contract worth $1.35 billion to explore and develop hydrocarbons in southeastern Algeria, according to a statement. The 30-year contract covers the exploration and exploitation of hydrocarbons in the Zemoul El...

Rome, Italy -- In a world first, an Italian newspaper is printing a fully AI-generated edition for a month in what its director said Thursday was an experiment to "revitalize journalism, not to kill it". Il Foglio, a daily broadsheet with an irreverent touch and a circulation of about 29,000,...

Nicosia, Cyprus -- Cyprus and Egypt on Monday signed an agreement with an energy consortium to export gas from the Mediterranean island's offshore fields to Europe after being processed in the North African country. Egypt, alongside Italian energy giant Eni and France's TotalEnergies, have agreed to "collaborate to commercialise the natural...

US president says ceasefire takes effect on Wednesday at 4:00 AM Beirut time, as Lebanese officials accuse Israel of trying to inflict maximum damage through a wave airstrikes in Beirut before the truce deadline.

War in the Middle East continues as Israeli attack kills 73 in northern Gaza while Israeli Prime Minister Netanyahu says that Hezbollah tried to kill him.

Israel attacks Lebanon killing dozens and injuring more than 100 people, while Joe Biden calls Netanyahu a "liar" and Amnesty says Israel evacuation orders are "misleading" and "inadequate".

The 56-meter British-flagged sailing yacht "Bayesian" was anchored with 10 crew and 12 passengers on board when it was struck by a waterspout

Rome, Italy -- G7 foreign ministers met by videoconference Sunday to discuss the Middle East and expressed "strong concern" over the threat of escalation, Italy's Foreign Minister Antonio Tajani said. "Together with our partners, we have expressed strong concern about recent events that threaten to determine a regionalization of the crisis,...

Meloni's latest visit to Tunisia came as part of her so-called Mattei Plan, a program aiming to posit Italy as a key bridge between Africa and Europe.

Its net profit spiked to US$3.7 billion in 2023.

The deliveries sped up 9.5 percent to 10,112 vehicles.

Brussels, Belgium - A group of EU countries including Germany on Tuesday pushed for a green light to start membership negotiations with Bosnia, but others such as France seemed reluctant to proceed. The EU's 27 leaders will debate at a summit on Thursday a proposal from the bloc's executive to launch...

Washington, US - G7 countries warned Iran on Friday that they will impose "significant" new sanctions if Tehran transfers ballistic missiles to Russia for use in Ukraine. "We reiterate our call on third parties to immediately cease providing material support to Russia's illegal and unjustifiable war of aggression against Ukraine or...

British telecoms giant sold the business for US$8.7 billion.

ROME, ITALY – The situation in the Red Sea has not yet been reflected in the pace of prices for foods monthly reflected in the FAO Food Price Index, Monika Tothova, the economist at the Food and Agriculture Organization of the United Nations (FAO) said. “Following on its 2023 and...

ROME, ITALY – The European country's data protection watchdog - Italian Data Protection Authority - said on Friday it has launched an investigation into Sora, a new artificial intelligence (AI) tool made by US firm OpenAI. The Italian Data Protection Authority said it was concerned over "the possible implications for the...

Rome, Italy - The UN's food agency on Thursday said it was pressing Israel to allow it to use the Ashdod port north of Gaza to make it easier to reach starving Palestinians. "We have several requests with the Israelis," World Food Program (WFP) Deputy Executive Director Carl Skau told AFP in...

The World Food Program (WFP) resumed deliveries on Sunday after a three-week halt but its convoy "faced complete chaos and violence due to the collapse of civil order", it said. Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies have warned that food and safe water...

Poor display across Italy, Spain is said to be the reason for loss.

The European Commission said it had "preliminary concerns that the transaction may reduce competition in the market for passenger air transport services on several short-haul and long-haul routes in and out of Italy".

ROME, ITALY - ArcelorMittal has offered to sell its stake or become a minority shareholder in an Italian steelworks after Rome moved to put the plant under state supervision, the chief executive said in a letter seen by AFP. Aditya Mittal wrote to Italian Prime Minister Giorgia Meloni to press for...

Francesca Albanese, an Italian lawyer who is the UN special rapporteur on the Palestinian territories, told a Madrid news conference that Israel had done a "number of things that are highly illegal, highly unlawful." Her comments came as Israel confronts a case brought by South Africa to the UN's ICJ...

Bringing food and supplies to the besieged population of Gaza, which is increasingly at risk of famine, also depends on the opening of new entry routes into the territory, the World Food Program (WFP), UNICEF and the World Health Organization (WHO) said in a joint statement.

The task force announced by US Defense Secretary Lloyd Austin on Monday initially included Britain, Bahrain, Canada, France, Italy, the Netherlands, Norway, Seychelles and Spain. The Iran-backed Houthis say their missile and drone strikes on passing container ships are in support of Palestinians in the Gaza war raging between Israel...

Dubai, UAE – About 79 percent of UAE employees believe digital skills are crucial for business success, and 84 percent feel that new technologies are empowering them to reach their potential, according to a latest ServiceNow survey .  The survey, which included over 5,500 working adults from the UAE, France,...

Proponents of the BRI praise it for bringing resources and economic growth to the Global South. But critics have long pointed to opaque pricing for projects built by Chinese companies, with countries including Malaysia and Myanmar renegotiating deals to bring down costs.

ROME, ITALY - The population of Gaza, especially women and children, risk famine if humanitarian food supplies do not continue, the UN's World Food Program warned on Tuesday. The WFP said it had delivered food to 121,161 people in Gaza since Friday, when a four-day truce between Israel and Hamas began....

Tel Aviv, Israel - Israel has reportedly withdrawn its support for Saudi Arabia’s bid to host the Expo 2030. The decision, reported by the Kan public broadcaster, comes in the wake of mounting tensions between Jerusalem and Riyadh over the Gaza conflict. Israel had previously signaled its backing for Saudi...

Riyadh, Saudi Arabia: Around 80% of consumers surveyed across 16 countries now view climate change as the world’s No. 1 challenge, a recent research conducted by GSMA Intelligence with support from Huawei, revealed. The countries include Saudi Arabia, Turkey, Egypt, South Africa, Argentina, Brazil, France, Germany, Indonesia, Italy, Japan, Pakistan,...

Thirsty pups can opt for a green apple and watermelon juice, or go wild and have a pear, strawberry or banana one instead.

Dubai, UAE--Dubai International Chamber has attracted a total of 92 businesses, including 15 multinational companies and 77 SMEs, to the emirate between January and September 2023. The chamber has also supported the successful expansion of 33 Dubai-based companies into global markets, either by increasing their exports or helping them to...

This drop is smaller than the 31 percent fall in Q2.

The JV will set up a facility to make tires in Saudi Arabia.

ROME, ITALY - The Food and Agriculture Organization of the United Nations (FAO) raised its forecast for global cereal production in 2023 to 2,819 million tonnes, now 0.9 percent higher than the previous year. The higher forecast is almost entirely based on recent and more positive yield estimates for the...

Tripoli, Libya--Libya and Italy have signed an agreement to enhance cooperation to enable air transport companies to operate charter and regular flights between the two countries. In this regard, the Libyan Civil Aviation Authority and the Italian civil aviation authority signed a memorandum of understanding (MoU) at the Ministry of...

ROME, ITALY - An Italian-Palestinian student detained without charges by Israel since August was due to be released, his lawyer in Rome said on Sunday. Khaled El Qaisi, 27, was arrested on August 31 while crossing from the West Bank to Jordan after a family vacation in his home city of...

Tripoli, Libya - A Rome-bound aircraft departed on Saturday from Libya's capital, restarting flights to Italy after a nearly decade-long suspension due to an EU ban, authorities in Tripoli said. The European Union in 2014 halted flights operated by Libyan airlines and banned them from entering member states' airspace, as the...

Bad weather over the past week had prevented those fleeing North Africa to venture the risky Mediterranean crossing. The earlier surge pushed the migration issue once more to the top of the European agenda, with Italy's hard-right government demanding more help from Brussels.

The land journey from sub-Saharan African countries, where many of the migrants hail from, to departure points on the Tunisian and Libyan coasts "remains one of the world's most dangerous," Ruven Menikdiwela, director of the UNHCR New York office, said. The migrants and refugees "risk death and gross human rights violations...

Part of the aim of the revised policy is for European Union countries to act together should they be faced with a sudden large inflow of asylum-seekers, as happened in 2015-2016 when hundreds of thousands of migrants arrived, most of them Syrians fleeing the war in their country.

Brussels, Belgium - EU member countries on Monday adopted a watered-down deal on curbing car emissions, after auto manufacturers complained stricter measures could undermine electric vehicle investments. Led by France and Italy, the 27 nations voted for a less ambitious plan than the one put forward by the European Commission in...

Messina Denaro was one of the most ruthless bosses in Cosa Nostra, the real-life Sicilian crime syndicate depicted in the Godfather movies. He was convicted by the courts of involvement in the murder of anti-Mafia judge Giovanni Falcone in 1992 and in deadly bombings in Rome, Florence and Milan in...

The EU is to start releasing money to Tunisia under a pact aimed at stemming irregular migration from the country, the European Commission said. EU lawmakers, the bloc's ombudsman and migrant assistance charities have questioned whether the deal with Tunisia meets European rights standards. Tunisia is struggling with high debt...

Meloni, who won the election last year on a vow to stop immigration, said Sunday the defense ministry would also be charged with setting up more repatriation centers "as soon as possible". The government allocated 42.5 million euros ($45.3 million) at the end of 2022 for new repatriation centers, and the...