Israel said it was targeting a "Hamas gunman" when it killed in Gaza seven aid workers whose deaths caused an international outcry, with its military admitting violations of its own rules of engagement. The drone team who killed them made an "operational misjudgement of the situation", an internal Israeli military...
UN says ‘delusional conspiracy theories’ behind global violence
Geneva, Switzerland - The pernicious "'great replacement' conspiracy theories" spreading in many countries are "delusional" and racist and are directly spurring violence, the United Nations rights chief warned on Monday. United Nations High Commissioner for Human Rights Volker Turk also took aim at the "war on woke", which he stressed was...
VW’s 2023 operating profit $24.4bn
An increase in sales in North America and Europe lifted the profits.
NATO kicks off biggest military exercise since Cold War
The Western military alliance has said some 90,000 troops will take part in the months-long Steadfast Defender 24 exercise designed to test its defenses in the face of Russia's war on Ukraine. "The alliance will demonstrate its ability to reinforce the Euro-Atlantic area via trans-Atlantic movement of forces from North...
Abu Dhabi’s Mubadala to invest $1 billion a year in Brazil
New York, United States - Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, plans to invest more than $1 billion a year in Brazil in a range of holdings from an oil refinery to a toll road. The firm’s second fund in the country, Brazil Special Opportunities...
2023 likely to be hottest year in human history, says EU climate monitor
"2023 is the year that climate records were not just broken but smashed," said Mark Maslin, a professor of climatology at University College London.
China, US lift wind turbine sales: study
The study credited President Joe Biden's Inflation Reduction Act in the United States, which is designed to underpin a vast energy transition and social reform programme. According to Wood Mackenzie, offshore wind power is increasingly playing a role with the first half of the year seeing a 26 percent rise over...‘Barbie’ retains top spot at N.American box office for fourth week
Los Angeles, United States - Warner Bros.' hit "Barbie" dominated North American box offices for a fourth consecutive week, industry estimates showed Sunday, as director Greta Gerwig continues to bust industry records. Gerwig, who with "Barbie" had already become the first solo woman director to rake in more than $1 billion...
Nissan Q1 net profit $750m
Results due to better sales in Japan, North America.HNWIs’ wealth in Middle East grows despite slowdown
Despite a global economic slowdown in 2022, high-net-worth individual wealth in the region experienced growth on the back of strong earnings in the oil and gas sectors.
Masdar expands US footprint with 50% stake in renewables project
The Big Beau project, located in California, comprises a 128-megawatt solar plant and a 40 MW/160 MWh battery energy storage system.
EU unveils proposals to counter US green subsidy, China competition
The majority of the EU's response involves repackaging already existing funds, a stop-gap measure that has earned much criticism. German MEP Markus Ferber described the proposals on Wednesday as "old wine in new bottles" and "predictably disappointing".US operations and flights not affected by system outage: Etihad Airways
Abu Dahbi, UAE--Etihad Airways on Wednesday said its US operations and flights are not affected by the system outage at the Federal Aviation Administration. “Etihad Airways is aware of a technical issue affecting all airline flights in North America. At present, this is not having an impact on our operation, and...
DMZ, Sheraa sign deal to support 15 startups from Sharjah
Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.Antibiotics shortages hit nations as surging illnesses spur demand
Hospitals in many countries have come under pressure from a rising number of illnesses including what has been dubbed a "tripledemic" of Covid-19, influenza and the respiratory syncytial virus (RSV) which causes bronchiolitis.Investment to tackle climate change falls in 2022, says UNCTAD
Cross-border investment in climate change mitigation and adaptation is projected to decline in 2022 against the backdrop of a global investment downturn, according to a new report published by the UN Conference on Trade and Development.
Air travel rebounds but still suffering from pandemic
Air travel rose sharply in the northern hemisphere summer, traditionally the peak vacation travel season, but still remains considerably affected by the pandemic, industry data showed Thursday.Middle East airlines’ traffic rises more than 300 percent in May 2022: IATA
The International Air Transport Association (IATA) said the Middle Eastern airlines’ traffic rose 317.2 percent in May compared to May 2021. The IATA announced passenger data for May 2022 showing that the May capacity rose 115.7 percent versus the year-ago period. The recovery in air travel accelerated heading into the...
Task Force explores options to ban trade with illegal Israeli settlements
The Brussels-based European Coordination of Committees and Associations for Palestine (ECCP) is an “Inter-Parliamentary Task Force to Promote Palestinian Human Rights,” a trans-Atlantic initiative which brings together North American and European lawmakers to provide a platform for collaboration, knowledge sharing and joint strategies to promote Palestinian human rights. It is...Investcorp acquires Resa Power
Resa serves over 6000 clients across the US and Canada.
Creation of North American camel association will help the sector: ICO
Number of camel ranches has grown in North America in recent years International Camel Organization founder had campaigned for the creation of North American group The International Camel Organization, a non-profit body working for the development and welfare of the camel sector, has hailed the establishment of the...
