Saudi Stock Market index closes lower
Riyadh: The main Saudi stock index closed Wednes day down by 57.70 points, reaching 10,949.27 points, with trading valued at SAR 6.7 billion. The volume of shares traded reached 320 million shares, with 116 companies recording gains and 137 companies recording losses. The Saudi parallel market inde»»»
French citizen was on same plane as hantavirus case: ministry
Paris, France: A Frenchman was being monitored as a hantavirus "contact case" after he travelled on the same plane as a cruise ship passenger suffering from the respiratory disease, French authorities said Wednesday. The MV Hondius cruise ship off Cape Verde has been at the centre of an internation»»»
Vijay still short of numbers despite Congress backing in Tamil Nadu
Tamilaga Vettri Kazhagam (TVK) chief Vijay remained short of the numbers needed to form the next government in Tamil Nadu on Wednesday despite securing Congress support, as intense negotiations continued in Chennai following the actor-politician’s stunning electoral debut. Reports said Vijay was un»»»
WHO: Contact tracing underway as rare 'Andes' Hantavirus strain confirmed in cruise ship outbreak
Health authorities have confirmed that the rare Andes strain of hantavirus (ANDV) — the only form of the virus known to very rarely spread between humans — has been detected in passengers linked to a deadly outbreak aboard the expedition cruise ship MV Hondius in the Atlantic Ocean, officials said.»»»
War in Ukraine: Russia attacks east and south Ukraine with over 100 drones
President Volodymyr Zelensky said Wednesday that Russia had decided to reject efforts to halt fighting and save lives by launching fresh attacks on Ukraine, which had called a unilateral ceasefire.»»»
Sports Minister Iliev: Giro d’Italia Start in Bulgaria Highlights Historic Sports Moment
Caretaker Minister of Youth and Sports Dimitar Iliev said that Bulgaria and the coastal city of Burgas are ready to host the Giro d’Italia start, calling it a historic moment and the first time a sporting event of such scale is held in the country. Speaking ahead of the official team presentation i»»»
Qatar Media Corporation CEO meets with Ambassador of Egypt
Doha, Qatar: Chief Executive Officer of the Qatar Media Corporation (QMC) HE Sheikh Khalid bin Abdulaziz bin Jassim Al-Thani met on Wednesday with Ambassador of the Arab Republic of Egypt to the State of Qatar HE Walid Fahmy Al Faqi. During the meeting, they reviewed ways to enhance media cooperati»»»
Slovakia to stop charging foreigners more for diesel
Vienna: Slovakia on Wednesday announced it was repealing restrictions on diesel sales, including higher prices for foreign drivers, which the European Commission said ran afoul of EU laws. Slovakia had decided on the measures in March, citing the suspension of oil supplies from a pipeline through U»»»
Oil prices tumble, stocks rally on Mideast peace hopes
Washington: World oil prices dived Wednesday and stock markets rallied on fresh hopes for an end to the Iran war. Washington believes it is close to reaching an agreement with Iran to reopen the key Strait of Hormuz and end the conflict, US news outlet Axios reported, citing two US officials. Inter»»»
Presidents of UAE and Ghana discuss strengthening cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with John Dramani Mahama, President of the Republic of Ghana, who is on a working visit to the UAE. The meeting took place on the sidelines of Make it in the Emirates 2026, held at the Abu Dhabi National Exhibition Centre (ADNEC). Th»»»
Tunisia projects 20-Million quintal grain production (Agriculture Ministry )
Tunis, May 6, 2026 (TAP) — Grain production in Tunisia is expected to rise to over 20 million quintals, the Ministry of Agriculture said. Rabaa Ben Saleh, Director of Field Crops at the Directorate General of Agricultural Production, said...»»»
President al-Sharaa discusses ties, developments with General Vincent Giraud
Damascus, May. 5 (SANA) President Ahmad al-Sharaa received on Wednesday Chief of Staff to the President of the French Republic, General Vincent Giraud, and an accompanying delegation at the People’s Palace in Damascus. Talks during the meeting dealt with several issues of mutual interest, developme»»»
Caretaker Cabinet Cites International Observers on Election Integrity Measures
The Bulgarian caretaker Government said that adequate measures were taken to safeguard the integrity of the snap parliamentary elections on April 19 of this year, citing in a Facebook post here on Wednesday a report by the international election observation mission. According to the analysis, the B»»»
Business - Samsung Electronics reaches $1 trillion market cap thanks to surging demand for AI chips
The world's largest maker of memory chips, South Korea's Samsung Electronics, has seen its valuation reach $1 trillion this Wednesday. The company's profits have soared thanks to strong demand for the chips used to power artificial intelligence systems. Also in this edition: French oil major TotalE»»»
Qatar participates in 4th Arab Region Food Systems Transformation Meeting
Cairo: The State of Qatar participated in the 4th Arab Region Food Systems Transformation Meeting, which kicked-off Wednesday at the headquarters of the Arab League's General Secretariat in Cairo, in cooperation and partnership with the UN Food Systems Coordination Hub, FAO, and the UN Economic and»»»
Howard Lutnick to testify to Oversight Committee on Epstein ties - UPI.com
Secretary of Commerce Howard Lutnick speaks during a Senate Committee on Appropriations, Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on the Department of Commerce's proposed budget for fiscal year 2027 on April 22. Lutnick will testify Wednesday before the House Oversig»»»
Industrialists held back by currency rules
Manufacturers are calling for the liberalisation of capital by ending deposit and transfer restrictions. Writes Ahmed El-Mahdi As economists expect an increase in the Suez Canal revenues following the inauguration of the second canal, industrialists called on the Central Bank of Egypt (CBE) to reco»»»
Germany's COVID-19 response under scrutiny
PoliticsGermanyGermany's COVID-19 response under scrutinyMarcel FürstenauA parliamentary inquiry has been looking into the policy decisions made to contain the coronavirus pandemic in Germany. The decisions made by key leaders from the time are being questioned. https://p.dw.com/p/55sd6Protective m»»»
BioNTech: The fall of Germany's pandemic hero
BusinessGermanyBioNTech: The fall of Germany's pandemic heroNik MartinBioNTech, once celebrated for its COVID-19 vaccines, is grappling with falling demand, restructuring and the departure of its founders. Can its ambitious cancer trials turn it from a one-hit wonder into a biotech giant? https://p»»»
French aircraft carrier pre-positions for possible Hormuz mission
PARIS: France’s aircraft carrier the Charles de Gaulle was on Wednesday heading toward the southern Red Sea to pre-position for a possible mission to restore navigation in the Strait of Hormuz, the presidency and defense ministry said. President Emmanuel Macron’s office said the move was intended t»»»
New round of Lebanon-Israel talks to be held over two days next week
The third round of Lebanese-Israeli talks will be held next week at the U.S. State Department over two consecutive days, either Wednesday and Thursday or Thursday and Friday, LBCI television reported Wednesday. The report said the talks will be attended by Ambassador Simon Karam, Lebanese Ambassado»»»
National action plan to ensure success of 2026 harvest season, launched
Tunis, May 6 (TAP) - A national action plan to ensure the success of the 2026 harvest season based on encouraging production indicators that are likely to reduce dependence on cereal imports, was launched by the Ministry of Agriculture, Water...»»»
Port of Goulette set to welcome 160,000 tourists by end of 2026
Tunis, May 6 (TAP) - The Port of La Goulette is expected to welcome nearly 160,000 additional tourists by the end of 2026, spread across 34 cruise calls, as part of the gradual resumption, since 2023, of maritime operators' activities towards the...»»»
Serbian monk in intensive care in Thessaloniki after jumping from moving ambulance
A 48-year-old novice monk from Serbia is being treated in intensive care after jumping from a moving ambulance in northern Greece, police said. The incident occurred on Tuesday while the man was being transported from Ouranoupoli to Polygyros. Authorities said the monk had earlier reported feeling »»»
Disney shares jump after results top expectations
New York: Disney shares jumped in pre-market trading Wednesday as the entertainment giant reported better than expected revenues and profits, thanks in part to growth in its streaming business. Newly installed CEO Josh D'Amaro described demand at the company's US amusement parks as "healthy," but s»»»
Salam: Lebanon to review and develop its arms restriction plan
Prime Minister Nawaf Salam said Wednesday that "talking about any potential meeting with Israeli Prime Minister Benjamin Netanyahu is still premature." In a statement to journalists, he emphasized that "any high-level meeting with the Israeli side requires extensive preparation." Salam clarified th»»»
Djuric: Serbia to get another strategic partner in Central Asia - Uzbekistan
TASHKENT - Serbian FM Marko Djuric said on Wednesday in Tashkent Serbia was about to get another strategic partner in Central Asia - Uzbekistan. "Our discussions with President (Shavkat) Mirziyoyev and (Foreign) Minister Bakhtiyor Saidov today are a follow-up to the dialogue launched by President A»»»
Cuba, Nicaragua, Mexico – Pentagon Reportedly Eyeing Targets in Latin America
The US military revived a jungle training school Panama after a 25-year hiatus, Bloomberg reported. This isn’t just training, it's preparation for intervention, Russian military expert Alexander Stepanov told Sputnik.Cuba is the main focus—precision strikes on key infrastructure could help in seizi»»»
CNN founder Ted Turner dies
Ted Turner created CNN in 1980, revolutionising the way America, and the world, got their news, and then went on to become one of the most prominent business leaders and philanthropists of his era. A brash risk taker, Turner -- whose death aged 87 was announced on Wednesday -- helped reshape the te»»»
CONECT to explore AI and creative economy
Tunis, May 6 (TAP)- The Confederation of Tunisian Citizen Enterprises (CONECT) will hold a strategic forum on "AI and the Creative Economy: New Economic Models" on May 9 at the Startup Village.The aim is to bolster innovation and digital transition...»»»
Saudi author’s debut sci-fi trilogy acquired by US publisher in 3-book deal
JEDDAH: Saudi writer Fahad Fatani, known professionally as F J Fatani, has signed a three-book agreement with SLKY World, an independent publisher based in Orlando in the US, for his debut science fiction trilogy “Something About Mars.” This Arab News exclusive reveals that the deal was negotiated »»»
Saudi FM discusses energy cooperation, regional security with Japanese industry minister
RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan met with Japan’s Minister of Economy, Trade and Industry Ryosei Akazawa in Jeddah on Wednesday for talks focused on strengthening ties and addressing regional developments. During the meeting, the two ministers reviewed strategic rela»»»
Japan quietly resumes Russian oil imports as Hormuz crisis forces a pragmatic rethink
Japan has taken delivery of its first Russian crude oil since the closure of the Strait of Hormuz paralysed global energy supply chains, in a move that illustrates both the depth of Tokyo's long-term stake in Russia's Far East energy projects and the speed with which geopolitical calculations shift»»»
Nigeria’s NNPCL signs MoU with Chinese companies to revive refineries with equity partnership model
The Nigerian National Petroleum Company Ltd (NNPCL) has signed a memorandum of understanding with two Chinese firms to advance refinery rehabilitation and introduce a technical equity partnership model aimed at restoring operations and improving long-term efficiency. »»»
Russia turning Siberia into an AI computing hub with China as biggest customer
One of the advantages of Siberia is its freezing cold and the abundant hydropower is extremely cheap. The Kremlin is planning to turn the frozen wastes of its mythical tundra into one of the biggest AI data hubs on the planet and China has already signed up to be a customer. »»»
Chinese scientists pioneer industrial process to convert CO₂ into jet fuel
Chinese scientists have developed an industrial pathway for converting carbon dioxide directly into jet fuel using an inexpensive iron-based catalyst, according to research published by the Shanghai Advanced Research Institute of the Chinese Academy of Sciences. »»»
AEC calls on African oil producers to remain in OPEC after UAE exit
The African Energy Chamber (AEC) has urged the continent’s oil-producing countries – Algeria, the Republic of Congo, Libya, Equatorial Guinea, Gabon and Nigeria – to remain within OPEC. The call follows the UAE’s announcement of its withdrawal from OPEC and the broader OPEC+ coalition. »»»
Nigeria’s NNPCL signs MoU with Chinese companies to revive refineries with equity partnership model
The Nigerian National Petroleum Company Ltd (NNPCL) has signed a memorandum of understanding with two Chinese firms to advance refinery rehabilitation and introduce a technical equity partnership model aimed at restoring operations and improving long-term efficiency. »»»
UK imposes sanctions against recruiters of African and other migrants to fight for Russia, build drones
The UK has imposed sanctions on 35 individuals and entities tied to Russia’s drone production networks and alleged human trafficking operations, targeting efforts to sustain the Kremlin’s war in Ukraine, according to a government statement issued on May 5. »»»
Iran has not yet replied to latest US proposal, contradicting Trump
Iran has not yet given an official response to the latest US text aimed at ending the war between the two countries, an informed source told IRGC-linked media on May 6, contradicting US media reports that Tehran and Washington are close to a one-page deal. »»»
ECB warns Iran war energy shock could force rate adjustment
The European Central Bank (ECB) may need to adjust its policy rates if the energy shock from the Iran and Middle East war intensifies, ECB Executive Board member Piero Cipollone said on May 6, warning that the current crisis is the second major energy shock in four years and risks pushing inflation»»»
Saudi Arabia's Alkhorayef Commercial signs as exclusive dealer for China's SANY Trucks
Saudi Arabia's Alkhorayef Commercial Company has signed a memorandum of understanding with China's SANY Trucks at the Chinese manufacturer's headquarters to become the exclusive dealer for SANY Trucks in the Kingdom, Okaz reported on May 6. »»»
ECB warns Iran war energy shock could force rate adjustment
The European Central Bank (ECB) may need to adjust its policy rates if the energy shock from the Iran and Middle East war intensifies, ECB Executive Board member Piero Cipollone said on May 6, warning that the current crisis is the second major energy shock in four years and risks pushing inflation»»»
ECB warns Iran war energy shock could force rate adjustment
The European Central Bank (ECB) may need to adjust its policy rates if the energy shock from the Iran and Middle East war intensifies, ECB Executive Board member Piero Cipollone said on May 6, warning that the current crisis is the second major energy shock in four years and risks pushing inflation»»»
Iran has not yet replied to latest US proposal, contradicting Trump
Iran has not yet given an official response to the latest US text aimed at ending the war between the two countries, an informed source told IRGC-linked media on May 6, contradicting US media reports that Tehran and Washington are close to a one-page deal. »»»
Iran has not yet replied to latest US proposal, contradicting Trump
Iran has not yet given an official response to the latest US text aimed at ending the war between the two countries, an informed source told IRGC-linked media on May 6, contradicting US media reports that Tehran and Washington are close to a one-page deal. »»»
COMMENT: How Trump lost Europe in Armenia
The eighth meeting of the European Political Community convened in Yerevan on May 4. Forty-eight heads of state and government attended. The Armenian capital, sitting on the Russian-Iranian-Turkish-Azerbaijani frontier, hosted the largest international political gathering in its independent history»»»
COMMENT: How Trump lost Europe in Armenia
The eighth meeting of the European Political Community convened in Yerevan on May 4. Forty-eight heads of state and government attended. The Armenian capital, sitting on the Russian-Iranian-Turkish-Azerbaijani frontier, hosted the largest international political gathering in its independent history»»»
COMMENT: How Trump lost Europe in Armenia
The eighth meeting of the European Political Community convened in Yerevan on May 4. Forty-eight heads of state and government attended. The Armenian capital, sitting on the Russian-Iranian-Turkish-Azerbaijani frontier, hosted the largest international political gathering in its independent history»»»
Bulgaria Marks Day of Valour, Armed Forces with Calls for Stronger Defence, Unity and Military Modernization
Bulgaria marked the Day of Valour and the Bulgarian Armed Forces on Tuesday with a series of ceremonies in Sofia, including the blessing of battle flags and sacred banners at the Monument to the Unknown Soldier, attended by state leaders, military officials, clergy and foreign diplomats. President »»»