Global stock markets wobble as investors weigh US jobs data
Since US Federal Reserve Chairman Jerome Powell stated last month that the time for interest rates to begin coming down and the pace would depend on economic data, investors have been keenly awaiting the latest jobs numbers. Dismal July job figures caused markets to panic last month.
UAE, US strengthening business cooperation
Both countries signed an MoU to strengthen cooperation in areas of digital economy, innovation, and entrepreneurship.US, EU step up Yemen aid but UN warns millions face hunger
The United States promised an additional $290 million but said the ultimate solution was to end the warOECD lowers global, US economic growth forecasts
The forecast for China remained unchanged at 8.5 percent. The growth prospects of Argentina, Brazil, Mexico, South Africa, South Korea and Turkey have also improved. Prospects of Australia, Britain, Japan and Russia were loweredUS to return 3,500-year-old ‘Gilgamesh’ tablet to Iraq
It was seized by the US Justice Department in 2019, two years after US billionaire David Green opened a museum dedicated to ancient Christian history.Saudi holdings of US treasury bills rose to $128.1bn in July
For the second month in a row, Saudi Arabia’s holding of US Treasury securities rose in July, touching $128.1 billion.UAE outperforms ten global tourism destinations in H1
The emirates achieves hotel occupancy rate of 62 percent, ahead of the US, UK and TurkeyUS approves $500mn helicopter maintenance deal for Saudis
Under the deal, US will provide 350 contractor technicians and two government officials over two years to handle the maintenance of the Saudi military's Apache and Black Hawk attack helicopters.Blackstone looks to buyout Dubai-based VFS Global for $1.2bn
Blackstone, the US-based alternative investment management company, is in discussion with VFS Global, the Dubai-based visa outsourcing company, to buy it out for $1.2 billion.UAE’s non-oil trade weathers pandemic to reach $371 billion in 2020
DUBAI: The UAE's non-oil trade rose to AED 1.403 trillion ($371 billion), reflecting the country's robust trade exchanges despite the negative impact of the Covid-19 pandemic The Federal Center for Competitiveness and Statistics (FCSA) data said the UAE commanded a coveted position globally and regionally in merchandise trade, with its...Biden calls Xi to ease friction in US-China ties
President Joe Biden spoke with China’s Xi Jinping on Thursday amid growing frustration on the American side that high-level engagement between the two leaders’ top advisers has been largely unfruitful in the early going of the Biden presidency.US praises Taliban for Afghanistan evacuation
The United States on Thursday praised the Taliban as businesslike and cooperative in facilitating the first evacuation of Americans from Afghanistan since the US military withdrawal.Nuclear watchdog flays Iran for undermining monitoring
The latest report comes with diplomatic efforts to revive the 2015 nuclear deal between Iran and world powers at a standstill. In February, Iran suspended some IAEA inspections in response to the United States' refusal to lift sanctions on Iran and also limited IAEA access to monitoring equipment such as...Afghan crisis cements Qatari global influence
Doha's long-standing hotline to the Taliban has helped Qatar burst onto the world stage with its efforts to assist Kabul reopen its airport.Iran slams US for ‘addiction’ to sanctions, ‘dead end’ policies
Foreign ministry spokesman Saeed Khatibzadeh said President Joe Biden was following the same "dead end" policies as Donald Trump. Khatibzadeh’s remarks came a day after the US Treasury announced financial sanctions against four Iranians accused of planning the kidnapping in the US of an American journalist of Iranian descent.Taliban parade as Biden defends US pullout
The Taliban celebrated the US withdrawal, which was completed on Monday, as a major victory after taking control of Afghanistan last month. A long line of green Humvees idled in single file on a highway outside Kandahar, the spiritual birthplace of the militant movement, many with white-and-black Taliban flags attached...GDP of OECD economies up by 1.6 percent in Q2
Despite the rise in the GDP of the Organization for Economic Co-operation and Development (OECD) economies to 1.6 percent in Q2 2021 from 0.6 percent in the previous quarter, it still remains below pre-pandemic levels.Are commercial airlines ready to use Kabul’s airport?
After the complete withdrawal of the US forces, questions remain as to who will run the security of the airport and operate the logistics. The Taliban have insisted they want to keep the civilian airport open, but without guarantees over security, commercial airlines simply won't operate out of Kabul.US leaves Afghanistan, 20 years of war ends
Taliban fighters swept into the airport and fired weapons into the sky in jubilation as the last of the American troops left on Monday night.Afghanistan overshadows Iraq summit as Macron stays put
French president Emmanuel Macron vowed his country will maintain presence in Iraq no matter what Americans decide. After meeting Iraqi president Mustafa al-Khademi, Macron said Daesh remains a threat and the fight against these groups is a priority of Iraqi government.US warns of another ‘specific’ threat near Kabul airport
The United States urged its citizens to leave the area, days after a deadly attack on crowds fleeing Taliban rule in Afghanistan. A series of urgent terror warnings have rattled evacuation efforts overseen by US forces, who have been forced into closer security cooperation with the Taliban to prevent a...US, Iraq to continue security partnership
The two countries will continue to cooperate to see to it that there is no resurgence of ISIS in Iraq.Raisi vows to improve Iran economy, Covid-19 response
The pandemic has hit the worst in the Middle East and it grapples with a fifth and the strongest yet wave of infections amid crippling economic sanctions. The country recorded its highest single day death toll on Aug. 24, with 709 fatalities registered by the Health Ministry in 24 hours.US warns of ‘terror threat’ as crowds throng Kabul airport
The US State Department warning is unusually specific, mentions several gates that should be vacated immediately.‘Havana’ syndrome imperils US diplomats
The mysterious affliction has brought severe headaches, nausea and possible brain damage to US diplomats has many officials convinced they are under sustained attack using electronic weapons. US embassy in Hanoi reported a possible case involving “acoustic incidents” there, forcing VP Harris to delay Vietnam trip for several hours.Biden given inconclusive report on COVID-19 origins
The US president had ordered the assessment to find out whether the virus jumped to humans via animals or escaped a research facility in Wuhan.US grants Pfizer vaccine full approval
The decision is expected to ignite a wave of new vaccine mandates in the USUS oil prices soar
At 1355 GMT a barrel of WTI, the main US contract, for October delivery was 5.0 percent higher at $65.26 dollarsBahrain allows use of airport for Afghan evacuees
Bahrain has announced that it is “allowing flights to make use of Bahrain’s transit facilities” amid the evacuations of Afghanistan.UAE agrees to temporarily host 5,000 Afghans
The move comes following a request from the United States to help out Afghan evacuees.US to help Lebanon procure electricity
Lebanon has been struggling with fuel shortages for a couple of months, which has led to protracted power outages.US’ Iran sanctions target Omani man, firms
The US Department of Treasury said the sanctions are on ‘individuals and businesses’ involved in a network that smuggled oil out of Iran.UK, US interferences threaten regional stability: Iran
Iran’s Supreme National Security Council Secretary Ali Shamkhani reportedly issued this warning in a meeting with Iraqi Foreign Minister Fuad Hussein.Mulk JV to launch Alubond in US
The JV will launch Mulk’s Alubond brand of façade materials in the US.Saudi Arabia gets a pat on the back from US
Saudi Arabia has received warm praise about its improved rankings on a number of global lists from the US State Department. In its recently published annual Investment Climate Statements on more than 170 countries, the US State Department highlighted the achievements made by Saudi Arabia.US extends Iraq’s sanction waiver for four months
The extensions follow a visit to Washington by Iraqi Prime Minister Mustafa al-Kadhemi to meet US President Joe Biden.Digital payment platform Square to buy Afterpay for $29 billion
Afterpay specializes in the "buy now, pay later" model that offers users staggered payments, often without extra charge.Iran’s Raisi set to focus on economy, nuclear deal
The US sanctions choked Iran, including by seeking to stop its oil exports, and the economy contracted by more than six percent in both 2018 and 2019Two dead in attack on Israel-linked oil tanker off Oman
Analysts said the attack bore all the hallmarks of tit-for-tat exchanges in the "shadow war" between Israel and IranUS: Nuclear talks with Iran cannot go on indefinitely
Iran's president-elect has said his government will support talks that ‘guarantee national interests’ but will not allow negotiations for the sake of negotiations.Blinken arrives in Kuwait to deepen security ties
US Secretary of State Antony Blinken arrived in Kuwait to hold discussions to boost military cooperation, regional security and investment between the two countries.Pro-Iran groups welcome US declaration to end Iraq ops
Pro-Iran armed factions stand accused of carrying out around 50 rocket and drone attacks this year against US interests in Iraq.Rich-poor gap widening due to unequal vaccine access: IMF
Advanced nations have vaccinated nearly 40 percent of the population, compared to barely 11 percent in emerging markets and a tiny fraction in low-income countriesNATO chief calls for negotiated settlement with Taliban
Jens Stoltenberg said the situation in the country is deeply challenging amid UN's warning that more civilians could dieUS condemns Houthi missile attack on Saudi Arabia
The US has issued a swift condemnation of the latest Houthi attack on Saudi Arabia with a ballistic missile and three explosive-laden drones. It has called on Houthis to end the attacks.Biden meets Kadhemi, calls for end to Iraq combat operations
With the Iraqi PM at his side, US president said that his country is "committed to our security cooperation" and will "to continue to train, to assist, to help, to deal with ISIS as it arises".US Covid-19 performance worst: Think Tank
The US has over 34 million confirmed cases and over 600,000 deaths, the highest in the world, and the number of days with less than 5,000 daily new cases is only 62, which is the worst in the worldUS promises another $155-million humanitarian aid to Iraq
The additional funding from the State Department and the USAID is meant to help “the people of Iraq as well as Iraqi refugees in the region and generous communities hosting them.”US mulls crackdown on Chinese imports of Iranian oil
The United States is planning a crackdown on Iranian oil sales to China in violation of its sanctionsIran’s new oil terminal to bypass Gulf chokepoint
Tehran inaugurated Thursday the terminal in Jask, on the Gulf of Oman, allowing tankers to avoid the Strait of Hormuz -- a passage less than 40 kilometres wide at its narrowest pointBiden, Kadhemi meeting to focus on US troop withdrawal from Iraq
The White House talks between the two allies come just a week after a deadly attack claimed by the Islamic State group, despite Baghdad declaring the Sunni extremists defeated over three years ago


















































