Ceasefire agreement between Israel and Hamas goes into effect, marking first steps toward peace
As the first phase of the ceasefire takes effect, the world watches to see whether this temporary reprieve will be the first step toward lasting peace or whether the violence will soon resume.
Hamas leader Ismail Haniyeh terms Gaza ceasefire ‘political victory’
Dubai, UAE--Senior Hamas leader Ismail Haniyeh has called the ceasefire in the Gaza Strip a political victory at a meeting with Iranian Foreign Minister Hossein Amir-Abdollahian in Doha."The ceasefire is a political victory achieved as a result of the success of the resistance forces on the ground. Our enemy killed...Israel-Hamas truce begins, hostages to be released
An Egyptian security source told AFP that Israeli security officials, International Red Cross-Red Crescent staff and an Egyptian team would deploy to Rafah, on the Egypt-Gaza border, to receive the hostages, who will then be flown to Israel. AFP has confirmed the identities of 210 of the roughly 240 people...Oil slides further after OPEC delay as Asian stocks struggle
Both main crude contracts slipped more than one percent on news that the much-anticipated gathering of the major producers would be put back by four days to November 30. Reports said the decision was made after Angola and Nigeria pushed back at lower targets urged on them, with Saudi Arabia...US intercepts multiple attack drones launched from Yemen: Pentagon
The Huthis have declared themselves part of the "axis of resistance" of Iran's allies and proxies and have launched a series of drones and missiles towards Israel after the start of the war in Gaza. The Huthis have also threatened to target Israeli shipping over the country's war with Hamas,...US markets up after Nvidia reports $9.2 billion in third-quarter profit
New York, United States - Wall Street stocks resumed their upward climb early Wednesday following strong results from artificial intelligence player Nvidia as US Treasury yields retreated.Nvidia said it made a profit of $9.2 billion on revenue of a whopping $18.1 billion in the third quarter, compared with $5.9 billion in...Qatar burnishes role as specialist hostage negotiator with Israel-Hamas deal
Paris, France -- The emirate of Qatar has further boosted its status as a specialist power in resolving delicate hostage situations by using its influence to help secure the release of hostages by Palestinian militant group Hamas.Analysts say Qatar has honed a careful balancing act, allowing it to marry warm relations...From Changpeng Zhao to Do Kwon: The fallen kings of crypto
Seoul, South Korea - Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period chaotic even by the standards of the notoriously volatile industry.Zhao stepped down as CEO of Binance -- the largest crypto exchange in the world -- after he and the company...Binance to pay billions in US in money laundering case
Binance's guilty plea is part of coordinated action including with the Treasury Department's Financial Crimes Enforcement Network and Office of Foreign Assets Control (OFAC), the Department of Justice said. Its violations included its failure to prevent and report transactions with groups like the Islamic State of Iraq and Syria and...Iraqis haunted by war battle mental health issues
Ravaged by war and rocked by Islamic State group attacks, Iraq's demand for mental health professionals is great, but help is hard to come by. Baghdad's Al-Rashad psychiatric hospital receives patients suffering from serious psychological illnesses, such as schizophrenia, and offers outpatient treatment for depression, anxiety and post-traumatic stress disorder.US regulator files charges against Kraken crypto exchange
The action against Kraken by the financial markets regulator will likely pour cold water on the hopes of many firms in the sector that it was taking its foot off the gas when it came to regulation after a series of unfavorable court rulings. The SEC took legal action in...UAE a key player in global financial landscape: NYSE vice-chairman
Abu Dhabi, UAE--The UAE has solidified its stature as a key player in the global financial landscape, through launching economic projects and initiatives that have made it an ideal partner for the NYSE in exploring new markets, said John Tuttle, Vice Chairman of the New York Stock Exchange (NYSE) and...World’s richest 1% emit as much carbon as bottom two-thirds: report
Among the key findings of this study are that the richest one percent globally -- 77 million people -- were responsible for 16 percent of global emissions related to their consumption. That is the same share as the bottom 66 percent of the global population by income, or 5.11 billion...Israel expands Gaza operation as hostage deal inches closer
Israel has vowed to eradicate Hamas and to free around 240 people taken hostage by the fighters during the worst attack in its history, most of them Israeli citizens but also dozens of foreigners. On Sunday, Qatari mediators said they were inching closer to a deal to free some of...Adoption of electric vehicles in US face infrastructure hurdles
NEW YORK, US - The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues.Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold EVs...No deal between Israel and Hamas on hostages: US
The Washington Post, citing unnamed sources, said all parties would halt combat operations for at least five days while some hostages were released in batches. But the White House quickly responded on Saturday evening with its message on X to deny any major breakthrough.Gaza, West Bank should be ‘reunited’ under Palestinian Authority: Biden
Israel's top ally Washington has given its full backing to the country's response to the October 7 shock attack by Hamas, which left 1,200 dead, mostly civilians. But as the death toll from Israel's military campaign in Gaza continues to climb, US has voiced concerns over the manner of the...‘Significant’ pause in Gaza war if hostages freed: US official
The White House said Biden and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "the urgent need for all hostages held by Hamas to be released without further delay". French President Emmanuel Macron also discussed the hostages with al-Thani and Egyptian leader Abdel Fattah al-Sisi on Saturday, his office said.WHO calls Gaza’s Al-Shifa hospital death zone
The UN health agency said that it led an assessment mission to the hospital and determined it was a "death zone", calling for a full evacuation. It said that the agency is developing plans for the immediate evacuation of the remaining patients, staff and their families, adding that 291 patients...Sudan asks UN to ‘immediately’ end political mission
The UN chief was informed about the decision by the country's ambassador to the UN, saying Sudan was terminating the United Nations Integrated Transition Assistance Mission in Sudan (UNITAMS) with immediate effect. According to the UN chief's spokesman, Stephane Dujarric, the mission's mandate was scheduled to end on December 3.US chip curbs disturb Chinese firms AI projects
Shanghai, China - US restrictions on advanced computer chips are forcing China's tech giants to rethink their ambitious AI-powered projects, analysts say. E-commerce titan Alibaba on Thursday became the latest Chinese firm to admit to feeling the bite of US sanctions, as it abandoned a plan to spin off its multi-billion-dollar...Sudan armed conflict expanding to other regions, warns UN
Despite the difficulties, some 4.1 million people have received humanitarian aid in the last seven months -- but that amounts to just 22 percent of the people whom humanitarian organizations aim to assist this year. Sudan's warring parties resumed negotiations late last month in Jeddah, brokered by Saudi Arabia and...US concerned over hospital strikes after Jordan’s Gaza facility hit
Washington, which provides significant military aid to Israel, has given unwavering support to its top Middle East ally since the October 7 attack by Hamas, saying Israel has the right to defend itself. However, the US side has started voicing concerns over the methods of Israel's military operations. and civilian...Alibaba shares dive more than 7% after cloud service called off
Alibaba is a key player in China's expansive digital economy and the operator of a major online shopping platform. The Hangzhou-based group's performance is considered a barometer of domestic consumption, which has flagged in recent months.UN Security Council calls for ‘humanitarian pauses’ in Gaza
The resolution, prepared by Malta and adopted with 12 votes in favor, "calls for urgent and extended humanitarian pauses and corridors throughout the Gaza Strip for a sufficient number of days" to allow aid to reach civilians in the besieged territory. The text raises the question of how many days...LNG trade to grow 25% to 500m tons in 5 years: IEF
According to a report "Fragile Equilibrium: LNG Trade Dynamics and Market Risks" China has surged ahead of Japan to become the world's largest LNG importer. The US became the top LNG exporter in 2023. The IEF's secretary general said that demand for LNG has grown and continues to "enhance energy...Biden, Xi set for high-stakes summit
San Francisco, US - US President Joe Biden and Chinese President Xi Jinping will try to prevent the superpowers' rivalry spilling into conflict when they meet for the first time in a year at a high-stakes summit in San Francisco on Wednesday.With tensions soaring over issues including Taiwan, sanctions and trade,...US renews waiver allowing Iraq to buy Iranian gas
Due to US sanctions against Iran, Baghdad cannot pay Tehran directly for its gas. Baghdad's unpaid bills to Tehran for past gas imports amount to some $10 billion, according to the senior official.Israeli troops storm Gaza City’s Al-Shifa hospital
Israel has repeatedly claimed that Hamas uses the hospital as cover for a command post and weapons stores, a claim Hamas denies. That use "jeopardizes" the hospital's "protected status under international law", the military said, a claim that many international human rights lawyers refute.Snapchat to add in-app Amazon shopping
In-app shopping will be available for select products advertised on Snapchat and sold at Amazon, the spokesperson added. People will be able to link their Snapchat and Amazon accounts to take advantage of the in-app shopping feature, according to Amazon.Black Friday is a $74bn opportunity for MENA retail. But is it losing sheen by ‘blindly copying’ the West?
The expected injection of billions of dollars into the retail business through sale of varied items can turn out to be a much-needed boost for a sector experiencing "sales fatigue."Black Friday is a $74bn opportunity for MENA retail. But is it losing sheen by ‘blindly copying’ the West?
The expected injection of billions of dollars into the retail business through sale of varied items can turn out to be a much-needed boost for a sector experiencing "sales fatigue."1962 Ferrari auctioned for $51.7 m in New York: Sotheby’s
Dating from 1962, the legendary Scuderia sports car -- chassis 3765, four-liter engine developing 390 horsepower -- had finished second in a race of 1,000 kilometers (620 miles) on the German Nurburgring circuit. Restored and modified, the 250 GTO changed American owners several times before ending up in the hands...Biden exhorts Israel to protect Gaza’s Al-Shifa hospital
Speaking to the reporters in the Oval Office, US president said he hoped and expected "that there will be less intrusive action relative to the hospital," adding that he was in touch with the Israelis on the matter. According to MSF, hundreds of people are stranded in the hospital complex...US strikes Iran-linked locations in eastern Syria
US Defense Secretary Lloyd Austin said that his country's forces carried out precision strikes on facilities in Syria used by Iran's IRGC and Iran-affiliated groups in response to continued attacks on US troops in Iraq and Syria. It is the third time in three weeks that the US targeted locations...Netanyahu tells NBC ‘there could be’ potential deal to free hostages
"We heard that there was an impending deal of this kind or of that kind and then we learned that it was all hokum. But the minute we started the ground operation, that began to change," Netanyahu told NBC show "Meet the Press."Ukraine officer had key role in Nord Stream sabotage: reports
Mystery has surrounded who was behind the blasts that damaged the pipelines, cutting off a major route for Russian gas exports to Europe and fuelling already high tensions over Moscow's invasion of Ukraine. Different theories have emerged pointing the finger at Ukraine, Russia or the United States. All have denied...Gaza’s post-war governance uncertain as war rages
Israeli Prime Minister Benjamin Netanyahu, who has long sought to sideline the PA, on Wednesday told Fox News his country does not plan to reoccupy Gaza. Pushed on his plan for Gaza's future, Netanyahu said the impoverished and blockaded territory must be "demilitarized, deradicalized and rebuilt."US military plane crashes in Mediterranean training ‘mishap’
US EUCOM did not specify the type of plane or where it was flying from, but the US has deployed a carrier strike group to the area as part of efforts to prevent the Israel-Hamas war from spiraling into a regional conflict. It said the plane suffered a mishap and...Russia spreading disinformation on Middle East situation, says Microsoft
Paris, France - Russia has been spreading "disinformation" about the situation in the Middle East, the president of Microsoft said on Saturday, as tensions soar in the region due to the Israel-Hamas war.Brad Smith, Microsoft vice chair and president, was asked about the role of the US tech giant in promoting...Israel faces global calls to protect civilians in Gaza
The suffering and death in Gaza has prompted growing calls for a halt in five weeks of fighting in order to protect civilian lives in the densely populated territory. French President Emmanuel Macron called on Israel to stop bombing civilians in Gaza, saying there was "no justification" and the deaths...Blinken ends marathon tour warning ‘more needs to be done’ on Gaza
New Delhi, India - US Secretary of State Antony Blinken wrapped up a marathon diplomatic push on Friday in India after a whirlwind Middle East trip and G7 talks, saying Israel's pauses in its Gaza offensive would "save lives" but more was needed."Far too many Palestinians have been killed," Blinken said...NGOs say full Gaza ceasefire needed to provide care
About 10 non-governmental organizations told a press conference on the sidelines of a humanitarian summit hosted by France that a simple pause in the fighting would not alleviate what they called a humanitarian "catastrophe". Their appeal came as US President Joe Biden said there was "no possibility" of a ceasefire,...Roadside blast hits global coalition troops in Iraq
The forces encountered an IED (improvised explosive device) blast near the Mosul dam, the military official told AFP, speaking on condition of anonymity. No casualties were reported. This is the latest in a growing series of attacks on US personnel in the region, following the outbreak of the war between...Israel agrees pauses in fighting but rules out ceasefire
Tens of thousands of civilians have streamed out of devastated northern Gaza in recent days, with men, women and children clutching meagre possessions as they emerge from the devastated warzone. They have fled close-quarter fighting, with Hamas militants using rocket-propelled grenades against Israeli troops backed by armoured vehicles and heavy...Israel to begin four-hour pause in Gaza, says US
Israel has agreed to daily four-hour military pauses in northern Gaza for humanitarian purposes, the White House said. President Joe Biden has been pressing Israeli Prime Minister Benjamin Netanyahu for longer breaks in the fighting after over a month of war sparked by the October 7 attacks by Hamas.US confirms Huthis shot down American drone off Yemen
The Huthis -- who seized Yemen's capital Sanaa in 2014 and control large swathes of the country -- claimed the shootdown earlier in the day. "Our air defenses were able to down an American MQ-9 while it was carrying out hostile surveillance and espionage activities in Yemeni territorial waters as...US opposes reoccupation of Gaza by Israel: State Dept
In a rebuke to the Israeli PM Benjamin Netanyahu who vowed to have "overall security" of Gaza after the war, the State Department said that the US does not support the reoccupation of the enclave, "Palestinians must be at the forefront of these decisions and Gaza is Palestinian land and...US diplomat urges calm at Lebanon-Israel border amid skirmishes
Beirut, Lebanon - Visiting US envoy Amos Hochstein on Tuesday urged for calm to return to Lebanon's southern border with Israel, after weeks of skirmishes following the start of the Israel-Hamas war."The United States does not want to see conflict in Gaza escalating and expanding into Lebanon," Hochstein told a press...Record number of patent applications filed globally in 2022, says WIPO
GENEVA, SWITZERLAND - Global patenting activity soared to new records in 2022, fueled by Indian and Chinese innovators, but an uncertain economic outlook is weighing on further growth, says the World Intellectual Property Organization report.Even as global filings for trademarks and designs dropped, innovators from around the world submitted 3.46...OpenAI sees a future of AI ‘superpowers on demand’
Dreams of the benefits of generative AI -- along with fears of the technology's risks -- have been hot topics in the tech world since ChatGPT made its blockbuster debut a year ago. More than 2 million developers are building on the OpenAI platform, while more than 100 million people...


















































