• UN agency chief laments Gaza war as ‘betrayal of humanity’

    United Nations - Israel's war against Hamas in Gaza has escalated into a "betrayal of humanity", the United Nations' humanitarian chief said on Saturday. In a statement on the eve of the six-month anniversary of the war, Martin Griffiths, the outgoing under-secretary-general for humanitarian affairs and emergency relief, called for...
  • Israel refuses to give more time for Gaza evacuation

    Jerusalem - The Israeli military said on Saturday that Gaza City residents must not delay their departure before a military offensive starts, as people leaving the north of the territory again jammed roads south. Ahead of an expected Israeli ground offensive against Hamas, which attacked southern Israel on October 7,...
  • Saudi Arabia puts normalization talks with Israel on hold: reports

    Riyadh, Saudi Arabia - Saudi Arabia has reportedly decided to suspend peace talks with Israel and the United States, Bloomberg and Reuters quoted sources as saying.  Although the talks have not been terminated, they are temporarily frozen until the violence in the region subsides, reports said. This decision comes as...
  • Birkenstock to list on NYSE

    The German sandals maker has set its share price at $46.
  • 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...
  • RIP Stoneman Willie: US mummy to be buried after 128 years

    The corpse has eerily laid in an open casket for almost his entire stay at the funeral home.
  • Nobel Chemistry Prize awarded to quantum dots researchers

    The trio, whose names were leaked in the Swedish press ahead of the announcement, succeeded in producing these tiny components, that "now spread their light from televisions and LED lamps, and can also guide surgeons when they remove tumor tissue, among many other things," the jury said.
  • Geopolitical changes derailed shift towards green energy, says IMF

    Washington, US - Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening to slow the transition to renewable energy as the world looks to combat climate change, the International Monetary Fund said on Tuesday. The fractures have led to a doubling in new trade restrictions on commodities...
  • Air France-KLM to buy stake in SAS

    Air France-KLM will buy 19.9% shares of SAS.
  • China rejects US disinformation accusations, calls Washington ’empire of lies’

    Beijing, China - China on Saturday accused the United States of being an "empire of lies", hitting back after a State Department report claimed Beijing spends billions of dollars to spread disinformation globally. The report, released on Thursday by the US State Department's Global Engagement Center, accused China of financing propaganda,...
  • Chinese high-end EV brand Zeekr to make Middle East debut

    Dubai, UAE - Chinese luxury electric vehicle manufacturer Zeekr, a subsidiary of Geely, is set to make its debut in the Middle East next year, as part of its global expansion efforts leading up to a planned initial public offering (IPO) in the United States, Financial Times reported on Friday. ...
  • China wants to be world’s strongest nation, says Blinken

    WASHINGTON, US  - China is seeking to surpass the United States as the top power in the world, US Secretary of State Antony Blinken said on Thursday, as he again warned on Taiwan. Successive US presidents have called China the top long-term challenge to the United States, but some US analysts...
  • US allows visa free entry for Israelis citing less discrimination

    The Biden administration made the decision after Israel in July promised a series of steps to comply with longstanding US demands to treat all US passport holders equally -- without discriminating against Americans who are of Palestinian or other Arab heritage or who are Muslim. Visa-free travel marks "a critical...
  • Iran successfully test fires military satellite, says state media

    Wednesday's launch was carried out by the aerospace wing of the Islamic Revolutionary Guard Corps (IRGC), the ideological arm of the country's armed forces.
  • Israel joining US Visa Waiver Program: minister

    Tel Aviv, Israel - The United States will declare its participation in the Visa Waiver Program (VWP) this week,  Israel's Foreign Ministry said on Monday.This move would grant Israeli citizens visa-free access to the United States starting in November. "Israel joining the Visa Waiver Program is a diplomatic achievement and...
  • Picasso masterpiece ‘Femme a la montre’ on show in Dubai

    Dubai, United Arab Emirates - A Pablo Picasso masterpiece expected to fetch at least $120 million at auction went on show Monday in Dubai, kicking off a set of rare viewings outside the United States. "Femme a la montre", the 1932 portrait of Marie-Therese Walter, Picasso's mistress and "golden muse", is...
  • US and China seek improved ties via new working groups

    Chinese state broadcaster CCTV also announced the launch of an "Economic Working Group" and "Financial Working Group," saying both will hold "regular and irregular meetings to strengthen communication and exchange on relevant issues."
  • YouTube announces new AI products for content creation with focus on MENA

    New York, United States - YouTube has unveiled a suite of innovative AI-powered tools aimed at revolutionizing the world of content creation for both emerging and established creators worldwide, with a special focus on the Middle East and North Africa. These AI-driven capabilities promise to unleash new avenues of creative...
  • Israel, Saudi Arabia see progress on ties as Iran sounds warning

    Netanyahu, who has had rocky relations with Biden, said he believed a deal was "within our reach" and credited him. "I think that under your leadership, Mr. President, we can forge a historic peace between Israel and Saudi Arabia," Netanyahu said. Biden has publicly criticized Netanyahu for overhauling Israel's judiciary,...
  • Iran may trigger nuclear arms race, says Saudi Arabia

    Saudi Crown Prince Mohammad Bin Salman cautioned against the world witnessing another tragedy like Hiroshima in an interview, saying it would mean war against rest of the world.
  • Elon Musk refutes reports of Tesla-Saudi Arabia talks

    The WSJ's report, released on Monday, cited anonymous sources stating that while talks between Tesla and Saudi Arabia were in their infancy, the outcome remained uncertain. The report highlighted potential roadblocks, including Musk's reportedly strained relationship with the Saudis and the presence of Lucid Motors, a Tesla competitor, which is...
  • Biden pledges to extract ‘costs’ from Iran despite prisoner swap

    NEW YORK, US- President Joe Biden said the United States would keep piling "costs" on Iran despite a prisoner swap deal that freed five Americans on Monday. Biden confirmed that he was imposing new sanctions on Iran's intelligence ministry and former president Mahmoud Ahmadinejad for their involvement in "wrongful detentions." "Today,...
  • Remove sanctions to restore Black Sea Grain Initiative: Russian Ambassador to US

    Washington, United States - Russian Ambassador to Washington, Anatoly Antonov, on Friday asked the United States to remove sanctions barriers to revive the Black Sea grain initiative.  "Local officials, engaged in myth-making, are once again shifting from a sick head to a healthy one. Russia has repeatedly, primarily at the...
  • Immunologist wins ‘Breakthrough Prize’ for cancer treatment

    The Breakthrough Prize awards "the world's most brilliant minds" in fields including life sciences, fundamental physics and mathematics
  • India-Middle East-Europe Corridor will change face of Middle East: Netanyahu

    Tel Aviv, Israel - Israel's Prime Minister Benjamin Netanyahu has welcomed the launch of the ambitious India-Middle East-Europe Economic Corridor (IMEC) as the "largest cooperation project in our history" that will have a profound impact on the Middle East, Israel, and the world. Leaders from the United States, India, Saudi...
  • Inflation surges in US for second successive month

    Washington, United States - Consumer inflation in the United States picked up in August for a second straight month, according to government data released Wednesday, putting the heat on policymakers as they work to lower prices. The consumer price index (CPI), a key inflation gauge, jumped 3.7 percent from a year...
  • Birkenstock to enter stock market

    Birkenstock employs around 6,200 workers globally.
  • Iran-US non-oil trade reaches US$31m in January-July 2023

    TEHRAN, IRAN - The US Bureau of Statistics in its latest report said the trade between Iran and the United States in the first seven months of 2023 registered a 26 percent growth compared to the same period last year. The two countries traded over $31 million worth of non-oil...
  • IMF, World Bank vow to address climate change threat at G20

    The leaders of the International Monetary Fund and World Bank announced that the two institutions will collaborate more closely to tackle the "existential threat" posed by climate change. "Climate change is a threat to global peace, security, economic stability," IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga...
  • Arm seeks $52bn valuation

    Arm is a world leader in designing chips that are used in smartphones.
  • Moon crater spotted by NASA likely caused by Russian probe crash

    Washington, United States - NASA has spotted a small new crater on the Moon that was likely caused by a Russian probe crash landing on the surface around two weeks ago. The finding was made by the Lunar Reconnaissance Orbiter (LRO) by comparing before and after images of the estimated impact...
  • UN renews Lebanon peacekeeping mission after dispute

    UN Secretary-General Antonio Guterres has criticized UNIFIL's inability to fully access certain areas, including sites belonging to a Lebanese environmental NGO which the United States has claimed is a front for Hezbollah activities. The head of the powerful armed Shiite group, Hassan Nasrallah, earlier this week warned against renewing the...
  • Second quarter GDP growth in US 2.1%, weaker than earlier estimates

    Washington, United States - Economic growth in the United States was weaker than first estimated for the April to June period, the Commerce Department said Wednesday, noting downward revisions in business investment. GDP growth in the world's biggest economy came in at 2.1 percent for the second quarter, down from the...
  • Lego first half profit dips 17%

    But the toy giant's market share grew as sales rose slightly.
  • Riyadh to host Expo Expo, held for first time outside of US

    Riyadh, Saudi Arabia - Riyadh is set to host the exhibition and conference industry show Expo Expo MENA on September 10. It will be the first time the expo will be held outside of the United States. Expo Expo MENA will feature over 100 exhibitors specializing in the field of...
  • West has failed to isolate Iran, says President Ebrahim Raisi

    Raisi was referring to sanctions imposed on Iran since the United States torpedoed the nuclear deal in 2018, as well as protests that erupted in September 2022 over a young woman's death in custody.
  • Vietnam’s VNG files for US IPO

    VNG operates music streaming, mobile payment and online games.
  • Iran not holding direct talks with US on sidelines of UN meet

    "Reports that a meeting between Iranian and American officials will be held on the sidelines of the UN General Assembly meeting are not true. Iran is not holding direct talks with the United States and is not planning to do so either on the margins of the General Assembly or...
  • Tens of thousands of Canadians flee homes as wildfires spread

    Prime Minister Justin Trudeau said he had spoken with British Columbia Premier David Eby about the "rapidly evolving and incredibly devastating wildfire situation" and pledged federal resources in responding to the disaster. Blazes far away in the neighboring Northwest Territories have meanwhile prompted the evacuation of regional capital Yellowknife, leaving...
  • Football fever hits rebel-held northwest Syria

    Idlib, Syria - Thousands of fans in Syria's last opposition bastion have packed into a stadium for the frenzied final of a football cup -- an escape valve amid years of conflict and misery. "I'm really happy today," said Mohammed al-Zeer, 28, from the northwestern city of Idlib. "Between the war...
  • Chinese property giant Evergrande files for bankruptcy in US

    Evergrande, once China's top property developer, was found in 2021 to be struggling with more than $300 billion in liabilities, as it came under intense pressure after officials tightened scrutiny of the real estate industry. The company's woes have come to symbolize the growing crisis in China's sprawling property sector,...
  • US concerned on hunger strike over Bahrain jail conditions

    With support from a military force from neighboring Saudi Arabia, Bahrain crushed the 2011 protests which had demanded a constitutional monarchy and an elected prime minister.Bahrain faced US criticism at the time, with former president Barack Obama imposing an arms embargo for four years. But Obama's successor Donald Trump fully...
  • US beefs up military presence in Gulf over Iran oil tanker ‘threat’

    Three thousand additional US personnel on troop-landing warships have already passed through the Red Sea, and US-led maritime forces are warning ships against approaching Iranian waters. The moves follow a spate of capture and attempted capture of ships in and around the Strait of Hormuz, the U-shaped gateway to the...
  • Trump indicted for racketeering over 2020 election interference

    Eighteen co-defendants were indicted in the probe, including Trump's former personal lawyer Rudy Giuliani, who pressured local legislators over the result after the election, and Trump's White House chief of staff, Mark Meadows. With Trump already due to go on trial in New York, south Florida and Washington, the latest...
  • Another Trump indictment looms as grand jury hears election case

    Atlanta, United States - Prosecutors investigating Donald Trump's efforts to overturn the 2020 election in the US state of Georgia were expected to begin presenting evidence to a grand jury Monday for what could be a sprawling, multi-defendant indictment. The case would be the fourth brought against Trump this year --...
  • US special Yemen envoy Lenderking’s Gulf tour to push for longer truce

    "The United States is committed to supporting a resolution to the Yemen conflict as soon as possible. We are working closely with the UN, Saudi Arabia, UAE, Oman, and other partners to build on the UN-mediated truce, which has delivered the longest period of calm since the war began, and...
  • ‘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...
  • Russia blames Poland, Finland for ‘threats’ on western border

    Moscow, Russia - Moscow accused Poland and Finland of threatening its security on Wednesday and vowed a response to multiplying "threats" on Russia's western frontier from NATO members. Poland, Ukraine's staunch ally and neighbor, has strengthened security on its border with Belarus after Minsk became a new base for Russian Wagner...
  • US trade deficit narrows in June on bigger imports pullback

    Washington, United States - The US trade deficit narrowed in June on a bigger pullback in imports than exports, according to government data released on Tuesday. The overall trade gap came in at $65.5 billion in June, down from a revised $68.3 billion figure in May, Commerce Department data showed. This...
  • Interest rate raise ‘likely’ to curb inflation, says Fed official

    A US central bank official said that more interest rate hikes "will likely be needed" to bring inflation down further, shortly after policymakers lifted rates to the highest level since 2001. Federal Reserve governor Michelle Bowman said she supported the policy-setting Federal Open Market Committee's decision for a rate hike...
  • Sad day for America, says Trump after court appearance

    Former US president Donald Trump pleaded not guilty on Thursday to criminal charges that he conspired to overturn the results of the 2020 election and defraud the American people. Trump also said it was a 'sad day for America'.