Author: Steven Sahiounie

The number of vessels sailing around the southern tip of Africa is up 85 percent from the first half of December as attacks by Yemen’s Houthis force ships to sail thousands of miles further than normal.

Europe moved closer to adopting the world’s first artificial intelligence rules on Wednesday as EU lawmakers endorsed a provisional agreement for a technology whose use is rapidly growing across a wide swathe of industries and in everyday life.

BP Plc and the United Arab Emirate’s state energy firm suspended a $2 billion bid to buy a major stake in Israel’s NewMed Energy, as the war in Gaza roils the wider region.

A total of 134 countries representing 98 percent of the global economy are now exploring digital versions of their currencies, with over half in advanced development, pilot or launch stages, a closely-followed study on Thursday showed.

Hungary and the United Arab Emirates on Wednesday signed a $5.5 billion deal that will see a run-down Budapest neighborhood injected with some Dubai glitz.

Trading volumes of Saudi equities have unexpectedly surged this year in a big boost to the stock exchange operator Saudi Tadawul Group Holding Co.

The bloc’s acronym is a “brand” and the addition of new members will not change that, a top Russian diplomat has said

Malta, Luxembourg, and Hungary have reportedly warned against directing the proceeds generated by the frozen assets to Ukraine’s military

Palestinian Resistance movement Hamas called on Palestinian people across al-Quds, the West Bank, and the ’48 occupied territories to urgently defend al-Aqsa Mosque on the first Friday of Ramadan. The Resistance movement urged active participation in breaking the Israeli siege imposed on Al-Aqsa, insisting that Palestinians must be able to pray and gather within its courtyards. In its statement, Hamas said, “Gaza, which brought forth the glorious Al-Aqsa Flood, is still fighting the greatest of battles against the enemy after 160 days,” urging “our people to actively partake in breaking the occupation’s siege on Al-Aqsa, pray in it, defend it, and…

Saudi Foreign Minister Prince Faisal bin Farhan received his Syrian counterpart Faisal Mekdad in Riyadh on Thursday.During the meeting, the ministers discussed various aspects of bilateral relations and ways to advance and strengthen them. They also discussed developments and topics of common interest.Earlier, Mekdad was received at King Khalid International Airport by Deputy Foreign Minister Waleed Al-Khuraiji. source: Arab News