Today: 5. Jul, 2024
In a significant step toward supporting the Palestinian cause, which is likely to deepen tensions between Europe and Israel, Ireland, Spain, and Norway have announced plans to recognize the state of Palestine formally next week. This announcement could reshape Middle Eastern relations…
Global markets faced a tumultuous day of trading on Friday as Asian stocks plummeted, spurred by escalating tensions in the Middle East and concerns over rising bond yields. Japan’s Nikkei index led the decline, dropping a staggering 3.5% due to heavy selling…
In a strategic move aimed at bolstering its presence in the Middle East, technology giant Microsoft has revealed a substantial $1.5 billion investment in Abu Dhabi’s premier artificial intelligence entity, G42. This partnership, centered around AI and digital infrastructure, signifies Microsoft’s significant…
Russian President Vladimir Putin’s recent arrival in Abu Dhabi marks a rare international visit amidst the ongoing conflict in Ukraine. His journey to the United Arab Emirates (UAE) and subsequent visit to Saudi Arabia underscores the growing significance of Middle Eastern partnerships…
Fifty years after the 1973 Arab oil embargo, we again witnessed tremors in the global oil market due to the Middle East crisis. However, experts assert that the scenes of long lines at the gasoline pump and dramatic price hikes of yesteryears…
In the aftermath of recent profit reports from major U.S. companies and escalating tensions in the Middle East, Wall Street experienced noticeable jitters on Wednesday. The mixed financial results and the fear of war in the region added uncertainty to the markets.…
In the face of escalating tensions in the Middle East, oil prices have experienced fluctuations, with potential ramifications for global markets. Prices surged above $91 a barrel in response to heightened diplomatic efforts to tackle the Israel-Hamas crisis. However, as the day…
Israeli military units fired on two structures within a zone that they identified as demilitarized in Syria, alleging these buildings breached a cease-fire deal in place since 1974, according to a statement from the Israeli army. The army contends that these structures…
