NEW YORK, US - The United Nations Security Council Friday unanimously adopted two resolutions tabled by the UAE and Japan about Afghanistan.The first resolution will extend the mandate of the United Nations Assistance Mission in Afghanistan (UNAMA) for an additional 12 months, enabling it to continue its work on promoting...

Since the beginning of his administration in 2021, President Joe Biden has urged Congress to revoke the 1991 and 2002 AUMFs. In a statement Thursday on the revocations of the 1991 and 2002 AUMFs, the Biden administration said the president is ready to work with Congress to replace other "outdated...

The ultimatum to TikTok came from the US interagency board charged with assessing risks foreign investments represent to national security. Western powers, including the European Union and the United States, have been taking an increasingly tough approach to the app, citing fears that user data could be used or abused...

The initial conversation between Xi and Mohammed bin Salman took place during bilateral talks at a summit in Riyadh in December, an official told AFP. Several other meetings also laid the groundwork for last week's talks in Beijing, the official said.

Global markets have been rattled by the collapse of tech sector lenders Silicon Valley Bank and Signature, which forced US authorities to intervene at the weekend to prevent contagion. After a rebound on Tuesday, equities fell again on Wednesday, with European indices tumbling by more than three percent.

Riyadh, Saudi Arabia -- As uncertainty in the global economy is limiting clarity about the outlook for oil markets, the OPEC+ should stick to the production pact agreed last October, Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman has said.SPA reported that Prince Salman said that sticking to the October...

Iran has been under renewed US sanctions since then president Donald Trump abandoned a landmark nuclear agreement between Tehran and major powers in 2018. Saudi Arabia, a longtime US ally, has said it supports the sanctions, which target key areas, including oil.

Western fashion was once largely taboo in Saudi Arabia, but with the kingdom undergoing great social changes, a designer is welcomed home to mentor its Fashion Commission.

The firm also announced 5,000 other roles would remain unfilled.

US consumer inflation edged down in February but remains elevated, according to government data, adding pressure to the Federal Reserve as it balances its inflation fight with financial stability concerns. The central bank has been on an aggressive campaign to tame inflation, raising interest rates eight times since early last...

Washington, United States--President Joe Biden sought to reassure Americans over the country's financial system Monday as more US banks and leading European lenders were hammered amid contagion worries.Silicon Valley Bank -- a key lender to startups across the United States since the 1980s -- collapsed after a sudden run on deposits,...

The Chinese government’s desire to avoid making the same mistakes other governments and central banks have made has driven inflation to a four-decade high. Development consumers are now suffering the consequences as central banks increasingly apply their interest rate weapon to bring inflation under control, he adds.

Just days ahead of the 20th anniversary of the US-led invasion that resulted in war, chaos, and political instability, Iraq's Prime Minister Mohammed Shia al-Sudani said that his government had prepared a three-year budget for the oil-dependent economy traditionally plagued by budgetary delays. The bill will include financial aid to...

Brussels, Belgium - The European Union must urgently lower energy prices and ease regulations to stop industry fleeing the continent, European businesses said on Monday, as Brussels prepares plans to stimulate the green economy.The European Union is racing to make Europe more attractive for the companies that could be tempted by...

TEHRAN, IRAN - Iran's top diplomat on Sunday said "everything is ready" to implement a stalled prisoner exchange deal with the United States, which Washington promptly denied as a "cruel lie".At least three US citizens are held in the country's prisons, according to Iran's judiciary and the US State Department."We have...

New York, United States -- Silicon Valley Bank's stunning collapse has led to the freezing of tens of billions of dollars stored there by startups and their private equity backers, raising fears of a wider tech sector fallout.The company, whose website says it is "the financial partner of the innovation economy,"...

More than 50 boys aged 11-17, some with parents hailing from Britain, France, Germany or the United States, live at the heavily guarded Orkesh rehabilitation center near the city of Qamishli, close to the Turkish border. Opened six months ago, it is the first facility seeking to rehabilitate foreign boys in...

NEW YORK, US -  Minister of Industry and Advanced Technology and COP28 President-Designate Dr. Sultan bin Ahmed Al Jaber met UN Secretary General António Guterres and underscored  the UAE’s commitment of deepening cooperation with the world body on climate action.Guterres expressed his deep appreciation for the cooperation of the UAE’s...

SAN FRANCISCO, US - Facebook owner Meta is working on a new "text sharing" social media platform, it said Friday, in a project seen as a potential rival to embattled Twitter.Since billionaire Elon Musk's takeover of Twitter in October, the influential website has suffered outages, layoffs and seen advertisers flee the...

WASHINGTON DC, US -  UAE Minister of Industry and Advanced Technology and COP28 President Designate Dr. Sultan bin Ahmed Al Jaber met with key US government leaders at the White House to discuss global climate issues. During the meeting on Thursday, which was convened by US Special Presidential Envoy for...

The 47-year-old ship has not been serviced since Yemen's devastating civil war broke out in 2015 and was left abandoned off the rebel-held port of Hodeida, a critical gateway for shipments into the country heavily dependent on emergency foreign aid. UN officials have voiced fears that the ship would crumble,...

President George W. Bush's war, launched in the aftermath of the 9/11 attacks, is seared in memory for its "shock and awe" strikes, the toppling of a giant Saddam statue, and the years of bloody sectarian turmoil that followed. The US forces, backed mainly by British troops, never found the...

Delay has had no effect on its annual financial statement.

Wall Street rose but European stock markets fell as investors brace for US jobs data that they fear could prompt the Federal Reserve to ramp up interest rate hikes. Markets were rocked this week by Fed chief Jerome Powell's warning that interest rates could rise should the economy show no...

TikTok executives said the company was working with a third-party European security company to oversee and check how it handles European users' data, which will be stored at two centers in Dublin and one in Norway from 2023 onwards. European users' data are currently stored in the United States and...

The pushback was "predictable", said Khaled al-Montasser, a professor of international relations at the University of Tripoli, as elections would see members of both chambers potentially lose their seats and privileges. Despite the rivalry between them, both view the UN initiative as "interference in their sovereign decision-making power and an...

Washington, United States--President Joe Biden will unveil a proposed budget on Thursday that would reduce the US national deficit by $3 trillion over the next decade, in part by raising taxes, the White House said.The budget plan "will cut the deficit by nearly $3 trillion over the next 10 years," Press...

A broad restructuring document announced by China's cabinet on Tuesday intends to focus the Ministry of Science and Technology's resources on coordinating "scientific and technological achievements." The plan also replaces China's existing banking and insurance regulator with a new body incorporating some functions from its central bank and securities watchdog,...

The Senate bill and the backing of the White House accelerated the political momentum against TikTok, which is also the target of a separate piece of legislation in the US House of Representatives.

US interest rates will likely peak at a higher level than previously anticipated due to economic data that came in stronger than recent trends suggested, Federal Reserve Chair Jerome Powell said. He said that January figures for employment, consumer spending, manufacturing production and inflation pointed to a partial reversal of...

Years of war and insurgency have taken a heavy toll on the many Mesopotamian, Islamic and Christian treasures in a country home to six UNESCO World Heritage sites. Iraq is the cradle of civilizations, where writing and the first cities emerged, but decades of unrest have left many priceless cultural...

The United States wants to see a hike in oil production, including from OPEC countries, said a senior State Department official Monday. "As world economies recover, we'll see more consumption. And therefore we'd like to see supply meet demand," said Jose Fernandez, the US Undersecretary of State for Economic Affairs,...

Amman, Jordan--King Abdullah has stressed the need for restoring calm in the Palestinian Territories, as well as cease any unilateral measures that undermine stability and peace prospects.At a meeting with US Secretary of Defence Lloyd Austin in Amman, King Abdullah urged stepping up efforts to create a political horizon that...

The United States' top military officer Chairman of the Joint Chiefs of Staff General Mark Milley made a surprise visit to an army base in the Kurdish-held northeast, meeting with US troops stationed in area controlled by the Kurdish-led Syrian Democratic Forces. The visit has drawn sharp condemnation from Syria's foreign...

Pentagon Press Secretary Brig. Gen. Pat Ryder said the trip would "reaffirm the enduring US commitment to the Middle East region."

Washington, United States--FBI Director Christopher Wray said Tuesday his agency believes the Covid-19 pandemic was "most likely" caused by an incident in a laboratory in Wuhan, China."The FBI has for quite some time now assessed that the origins of the pandemic are most likely a potential lab incident in Wuhan," Wray...

The plant is going to be established in Monterrey.

US and European stocks dipped as dealers fretted that the Federal Reserve would push interest rates higher than expected and for longer as it battles high inflation. The euro moved up against the dollar as strong inflation data in France and Spain sparked concerns that the European Central Bank will...

Office of Management and Budget director Shalanda Young in a memorandum called on government agencies within 30 days to "remove and disallow installations" of the application on agency-owned or operated IT devices, and to "prohibit internet traffic" from such devices to the app.

A media report said that company has laid off 10% of its workforce.

Washington, United States--Iran's nuclear program is advancing at a "worrisome pace," CIA director William Burns said in an interview broadcast Sunday, following reports Tehran had further enriched uranium.Iran was last known to have enriched uranium up to 60 percent purity, but a recent Bloomberg News report that International Atomic Energy Agency...

Washington, United States--The coronavirus pandemic likely arose from a Chinese laboratory leak, the US Department of Energy now says according to media, although the White House maintained Sunday that American intelligence remained divided on the issue.The determination -- noted in a classified report by Director of National Intelligence Avril Haines's office,...

Amman, Jordan--The trade balance between Jordan and the US has recorded a surplus of about 625 million Jordanian dinars ($881 million) in 2022, according to a statement.   The volume of trade exchange between the two countries last year amounted to about 2.75 billion dinars, according to foreign trade data issued by...

Jordanian state broadcaster Al-Mamlaka said the meeting, which kicked off in the Red Sea resort of Aqaba, was "the first of its kind in years between Palestinians and Israelis with regional and international participation" and would address "the situation in the Palestinian territories". Palestinian intelligence chief Majed Faraj and the...

NEW YORK, US - Governments agreed on a way forward to update disease outbreak regulations ahead of meetings to draft new global guidelines for tackling pandemics, the World Health Organization (WHO) said.According to United Nations News Center, the two processes are complementary.They are guided by the need of making the...

Three years after former US president Donald Trump ordered the killing of top Guards' commander Qasem Soleimani, an Iranian genera has warned that his country is still seeking to kill Trump and his secretary of state Mike Pompeo in revenge for assassinating the commander. Tehran has repeatedly vowed to avenge...

MTS Bank, approved for its licence last year, was one of more than 200 entities and individuals targeted by the fresh sanctions on the first anniversary of Russia's invasion of Ukraine. The Central Bank of UAE said MTS earned its license because it "fulfilled the criteria for licensing branches of...

Moscow, Russia - Russian President Vladimir Putin said Thursday the new Sarmat intercontinental ballistic missile will be deployed this year following US reports that the weapon failed a recent test.The Sarmat -- dubbed Satan 2 by Western analysts -- is capable of carrying multiple nuclear warheads and is among Russia's next-generation...

The massive 7.8-magnitude tremor on February 6 has killed more than 42,000 people in Turkey and more than 3,600 in Syria, while the WHO said more than 125,000 have been injured. Damascus has been hit by more than a decade of economic sanctions, and while they were not designed to...

Citing people familiar with the matter, Bloomberg said China’s Ministry of Finance is among government entities that gave the so-called window guidance to some state-owned enterprises as recently as last month, urging them to let contracts with the Big Four auditing firms expire.