Western powers will not censure Iran over its lack of cooperation with the UN nuclear watchdog at its Board of Governors meeting for fear of aggravating geopolitical tensions, diplomats said. Last week, the International Atomic Energy Agency said in confidential quarterly reports that Tehran's cooperation with the agency remained poor...
Apple drops electric car plans
It had dedicated nearly 2,000 workers for the program.Sony ends merger deal with Zee
It pulled out of the US$10bn merger of its Indian operations.
Shell halts Red Sea shipments over attack fears, say report
WASHINGTON, US - British oil giant Shell has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Houthi rebels, according to a media report on Tuesday. The worries of escalation grew after United States and United Kingdom strikes on scores of sites in...
Dubai Police records 65,942 ‘transactions’ at smart police stations in H1
Dubai, UAE-- During the first half of 2023 the Dubai Police has recorded some 65,942 smart transactions at its 22 "smart police stations" spread across the emirate of Dubai. The police said that a total of 65,942 smart transactions were conveniently and smartly processed without any human intervention. These included...
Syria cancels BBC’s accreditation over ‘misleading reports’
In a rare move against an international media organization, the Syrian government has cancelled the BBC's accreditation over what it termed "misleading reports." According to the country's information ministry, the cancellation was brought about by the "broadcaster's failure to adhere to professional standards and its insistence on providing biased and...
Qatar Credit Bureau hands out more than 33,000 reports in 2022
Doha, Qatar--The Qatar Credit Bureau has disclosed that more than 33,000 credit reports were issued and more than 1,400 complaints were closed during the year 2022. Also read: Qatar’s economy remains strong despite global crises The center noted in a tweet about the performance of the electronic services portal during...Global stocks rise on Fed optimism, zero-Covid China policy reports
Global stock markets rose as traders looked to the US Federal Reserve's interest rate decision hoping it will signal a more dovish approach to fighting inflation. The Fed is widely expected Wednesday to announce a fourth straight 75-basis-point rate hike leading to worries it will tip the world's top economy...
Dubai records 65% decline in crime reports during Q3
Dubai, UAE—Dubai Police has recorded a 65 percent drop in the number of criminal reports during the third quarter of 2022 compared to the same period last year. These statistics were revealed during the quarterly appraisal meeting of the General Department of Criminal Investigations (CID), which was chaired by Lieutenant...Kuwait puts off first parliament session until mid-October
Kuwait City, Kuwait— Kuwait has decided to postpone the convening of the first parliament session after elections to Oct. 18, according to media reports. The news agency KUNA said in a statement: “The National Assembly’s first regular session of the 17th legislative term is adjourned until Oct. 18, head of...
UK in talks with Qatar and Norway to import energy
Amid crippling energy shortages, the British government is negotiating with Qatar and Norway to secure new long-term gas contract, according to media reports. The reports said that Prime Minister Liz Truss is in favor of the deal, which would secure long-term energy sources and cut down the cost of the...Listed insurance firms’ in UAE net profits at $222m in H1 2022
The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64 percent year-on-year to $302 million while their net profits totaled $222 million.
Iran media reports arrest of several foreign diplomats
Iran's Revolutionary Guards arrested several foreign diplomats including a Briton, accusing them of "spying", the Fars news agency and state television said Wednesday.
