Global South drives capital shift, UAE emerges as investment hotspot: Philip Morris
The UAE is emerging as a pivotal hub in the global realignment of capital flows, driven by the growing economic influence of the Global South, according to Andrzej Dabrowski, Vice President for the Middle East and North Africa Region at Philip Morris Management Services (PMI). Speaking at the Futur»»»
Erdogan’s Saudi Visit to Boost Economic, Investment Ties
Türkiye President Recep Tayyip Erdogan’s visit to Saudi Arabia has given fresh momentum to economic ties between the two countries and opened new avenues for cooperation in trade, energy, and joint investments. A joint statement issued at the end of Erdogan’s visit to Riyadh on Wednesday said the t»»»
21st International Conference and Exhibition on Liquefied Natural Gas comes to a close
Doha, Qatar: The 21st International Conference and Exhibition on Liquefied Natural Gas (LNG 2026) ended on a high note today concluding four days of high-level panel discussions and interactive debates on critical topics and challenges including LNG’s role in meeting global energy demand and its co»»»
Stock market gains 0.32% on Thursday
Tunis, Feb 5 (TAP) - The stock market gained 0.32% on Thursday to reach 14,525.18 points, on a trading volume of TND 8.1 million, according to stockbroker Tunisie Valeurs.ENNAKL Automobiles share advanced by 6% to TND 16.430, on a modest trading...»»»
India, GCC sign terms of reference for FTA
NEW DELHI, Feb 5 (KUNA) -- India and the GCC on Thursday signed Terms of Reference for India-GCC Free Trade Agreement in New Delhi.A statement from the Indian Ministry of Commerce and Industry said that the Terms of Reference for the India-GCC Free Trade Agreement was signed between Additional Secr»»»
CWE: Record level of industrial and logistics Spaces leased in Romania in 2025
Most of the leased area – 60% (774,000 sqm) – represents new demand, showing the interest of companies in expanding their logistics and industrial facilities despite local and global macroeconomic fluctuations and uncertainties, as well as an overall consolidation of the market. Demand was strongly»»»
Al-Manar correspondent reports Israeli occupation warplanes launch raids on several areas in southern Lebanon - Al-Manar TV Lebanon
Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Al-Manar correspondent reports Israeli occupation warplanes launch raids on several areas in southern Lebanon 05-02-2026 17:28 PM Latest Ne»»»
Dubai's DEWA to deploy world's first AI virtual engineer for power network
Dubai: Dubai Electricity and Water Authority (DEWA) is set to deploy the world's first AI-powered virtual engineer in June 2026, marking a significant leap in utility management as artificial intelligence reshapes the global energy sector. The advanced intelligent system, announced by Saeed Mohamme»»»
Bitcoin crashes below $70,000; Gold, silver tumble in broad risk-off pullback
Dubai: Bitcoin fell below $70,000 on Thursday, hitting its lowest level since November 2024, as a sharp pullback rippled across assets once viewed as market shelters. The sell-off intensified in precious metals, with silver plunging more than 12% and gold sliding nearly 2%, underscoring a sudden sh»»»
Perfumes, sweets or alcohol? ACI study in Dubai reveals airport shopping habits
From confectionery to electronics, airport shopping baskets are evolving rapidly, and some traditional categories are losing ground, according to a new study by Airports Council International (ACI) Asia-Pacific & Middle East. The study titled: ‘Travel Retail Study in the Post-Pandemic Era’ covered »»»
MoD inaugurates Hugo RAS system at military hospital
KUWAIT, Feb 5 (KUNA) -- Minister of Defense Sheikh Abdullah Ali Abdullah Al-Salem Al-Sabah launched the Hugo - the latest Robotic-Assisted Surgery (RAS) System, at the Jaber Al-Ahmad Military Hospital on Thursday.The inauguration of the system took place during the minister's visit to the medical s»»»
Global stocks slide as trillion-dollar tech sell-off deepens, AI fears unsettle many
Dubai: A sharp sell-off in AI-linked technology stocks erased more than $1 trillion in market value this week, spilling beyond Big Tech and dragging down global equities and credit markets in the most severe AI-driven rout since the technology entered the mainstream. Sign up for our daily business »»»
New U.S. envoy to Vietnam will inherit $144B trade standoff - UPI.com
Vietnamese shrimp and several other items from that country are under scrutiny by U.S. regulators seeking to avoid dumping of products at lower prices. File Photo by Duc Thanh/EPA Feb. 5 (UPI) -- Though still awaiting Senate confirmation, Jennifer Wicks McNamara is preparing to land in Hanoi not wi»»»
January 2026 layoffs hit highest mark since start of 2009 - UPI.com
1 of 2 | The transportation industry contributed to the deepest cuts to employment, led by UPS reducing its jobs by 30,000. File Photo by John Sommers II/UPI | License Photo Feb. 5 (UPI) -- January marked the worst start to a year for layoffs since 2009, Challenger, Gray and Christmas' job report s»»»
Why scientists warn of privately funded geoengineering
Nature and EnvironmentGlobal issuesWhy scientists warn of privately funded geoengineering Naomi MiharaAs the climate crisis intensifies, interest in solar engineering is increasing, including among private companies and investors. But the technique is controversial and lacks regulation. https://p.d»»»
UAE's 'unbreakable fortress': Why Sheikh Saif says residents, relocating millionaires don't need to worry
Dubai: The UAE has become an “unbreakable fortress” where families, faith, industry, and wealth are absolutely secure, Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, said on Thursday. Addressing the World Governments Summit in Dubai, Sheikh Saif delivere»»»
Andrei Duică, BYD: SEALION 5 DM-i delivers a well-balanced technology package
Car manufacturer BYD recently launched the Sealion 5 DM-i in spectacular fashion. The hybrid car promises exceptional performance for electric cars, with a range exceeding 1,000 km and a very attractive price for consumers. We spoke with Andrei Duica, BYD’s deputy country manager for Romania and Bu»»»
Gem Team signs two strategic MoUs on final day of Web Summit Qatar
DOHA: Gem Team, the secure enterprise communication platform developed by Gem Soft, concluded its participation at Web Summit Qatar 2026— marking Gem Soft’s third consecutive participation in Web Summit Qatar —by signing two strategic Memoranda of Understanding with regional partners. The agreement»»»
Riyadh Air and Mastercard Partner to Transform Global Travel Experience
Riyadh Air and Mastercard today unveiled an alliance that brings together payments, travel, and technology to reshape how people and businesses experience global travel. Riyadh Air is uniquely positioned to jointly build an extensive financial and payment ecosystem. According to a press release iss»»»
Partizan Belgrade deny report of Stojakovic's dismissal
BELGRADE - Serbian football club Partizan Belgrade said on Thursday it had not dismissed head coach Nenad Stojakovic. Earlier in the day, Sportklub reported that Partizan had parted ways with Stojakovic. In a statement, the club said its board of directors had met to analyse the financial situation»»»
150-year-old bottle of alcohol found in Utah, tasted by experts - UPI.com
Feb. 4 (UPI) -- An archaeological team in Utah exhumed a bottle of alcohol estimated to be 150 years old -- and experts gave it a taste test. Ian Wright, Utah's state public archaeologist, said the bottle was among thousands of artifacts dating back to approximately 1870-1890 found on U.S. Forest S»»»
Kuwait announces Ramadan hours for public offices
Dubai: Kuwait's Civil Service Commission has announced official working hours for government entities during the holy month of Ramadan, setting shorter shifts and flexible start times for public sector employees, state news agency KUNA said on Thursday. Under the directive, official daily working h»»»
Iran Seizes 2 Foreign Oil Tankers in Persian Gulf, State Media Says
Iran seized two foreign oil tankers in the Persian Gulf on Thursday, state television reported, claiming the vessels had been smuggling fuel. The report did not provide a nationality of the tankers or say what flag they were flying under. Gen. Heidar Honarian Mojarrad, a regional commander with the»»»
Epstein Invested in Major US Tech Start-Ups, Had Ties to Silicon Valley - Reports
WASHINGTON (Sputnik) - US financier and convicted sex offender Jeffrey Epstein maintained extensive connections in Silicon Valley and invested in several prominent tech start-ups, the New York Times reported on Thursday, citing files released by the US Department of Justice. "Ok. I have a gap betwe»»»
US and Iran agree to hold nuclear talks in Oman on Friday
The US and Iran have agreed to hold nuclear talks in Oman on Friday, as President Donald Trump issued a blunt warning to Supreme Leader Ayatollah Ali Khamenei. Iranian Foreign Minister Abbas Araghchi said that the meeting would start at 10:00 (06:00 GMT) in Muscat. US officials also confirmed it wo»»»
Report: Bitar to conclude investigation within a month at most
Beirut port blast investigator Judge Tarek Bitar has held a lengthy meeting with the State Prosecutor Jamal al-Hajjar to coordinate the next steps following Bitar's decision to wrap up the investigation into the case and refer it to the Public Prosecutor's Office for review, paving the way for the »»»
What to know as Iran and US set for nuclear talks in Oman
Iran and the United States will hold talks Friday in Oman, their latest over Tehran's nuclear program after Israel launched a 12-day war on the country in June and the Islamic Republic launched a bloody crackdown on nationwide protests. U.S. President Donald Trump has kept up pressure on Iran, sugg»»»
Lebanon: Israel Sprayed Glyphosate Along Southern Border
Laboratory tests have identified the chemical sprayed by Israeli aircraft in southern Lebanon as glyphosate, a widely used herbicide that can destroy vegetation when applied intensively, Lebanon’s agriculture minister, Nizar Hani, told Asharq Al-Awsat, saying the substance was used at abnormally hi»»»
Macau hotel rips up trademark gold bricks for $13 million payoff
Macau: The Grand Emperor Hotel in Macau said it had ripped up the real gold bricks from its distinctive lobby floor and sold them for around $13 million, cashing in on the metal's market surge. Opened in 2006, the hotel was known for its opulent "golden pathway", showcasing dozens of one-kilogram b»»»
Heathrow still Europe's busiest airport, but Istanbul gaining fast
Paris, France: London Heathrow remained the busiest aviation hub in Europe last year but Istanbul Airport was nearly neck-and-neck and is likely to overtake it soon, an industry group said Thursday. With 84.48 million passengers, Heathrow had a 0.7 percent increase in traffic last year, ACI Europe »»»
‘I am sorry,’ embattled UK PM Starmer tells Epstein victims
London: UK Prime Minister Keir Starmer, battling for his political future, apologised Thursday to victims of Jeffrey Epstein for appointing disgraced Peter Mandelson as US ambassador. Starmer issued the wide-ranging apology after being dogged for days by the decision, following fresh allegations ab»»»
Scientists warn of risks as private money enters geoengineer
Nature and EnvironmentScientists warn of risks as private money enters geoengineerNaomi MiharaAs global heating worsens, interest in solar engineering is rising, including from private companies and investors. But the technique remains controversial and lacks regulation. https://p.dw.com/p/57hCtSta»»»
Bitcoin under $70,000 for first time since Trump's election
London: Bitcoin, the world's biggest cryptocurrency, extended its price slump Thursday to trade under $70,000 for the first time since Donald Trump's presidential election victory in November 2024. The digital currency dropped as low as $69,821.18 before climbing back above $70,000. Bitcoin has fal»»»
Famine Spreads to More Towns in Sudan’s Darfur Region, Hunger Experts Warn as War Rages on
Famine is spreading in war-torn Sudan's western Darfur region and has now engulfed two more towns there, a global hunger monitoring group said Thursday. The announcement came after the group said last year that people in Darfur’s major city of el-Fasher, overrun by the RSF forces after an 18-month »»»
Syrian sources: Israeli patrol composed of seven vehicles invade Quneitra countryside - Al-Manar TV Lebanon
Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Syrian sources: Israeli patrol composed of seven vehicles invade Quneitra countryside 05-02-2026 14:57 PM Latest News Urgent News New START»»»
Bulgaria: Gynecologist and Wife Detained After Secret Recordings Surface from Sofia Clinic
Gynecologist Dr. Venelin Ivanov and his wife have been taken into custody for 24 hours following an investigation into secretly recorded videos filmed inside a gynecological office in Sofia, according to information confirmed by several media outlets citing their own sources. The case escalated on »»»
EBRD invests over 800 mln euros in Serbia in 2025
LONDON - The European Bank for Reconstruction and Development (EBRD) invested over 800 mln euros in Serbia in 2025 through 42 projects, it said on Thursday. In a statement, the EBRD said 84 pct of that investment had been directed to the private sector, with a particular focus on boosting the resil»»»
UK court jails Russian captain for 6 years for fatal North Sea crash
London: A UK court on Thursday handed a six-year jail sentence to the Russian captain of a cargo ship that hit an anchored oil tanker in the North Sea last year. Sentencing Vladimir Motin at London's Old Bailey court for the manslaughter by gross negligence of Filipino sailor Mark Angelo Pernia, Ju»»»
Bitcoin plunges up to 8%, South Korea's Kospi sinks nearly 4% in latest tech-led sell-off
World shares retreated Thursday in Asia on heavy selling of technology stocks, while the price of bitcoin fell as much as 8%. The latest round of jitters over high prices for tech shares sent South Korea's Kospi down nearly 4%. Oil prices sank more than $1 a barrel. Bitcoin was trading near $71,000»»»
Experience-led retail gains ground while consumer spending remains cautious
The consumer sector has been the main driver of the Romanian economy in recent years, supported by exchange rate stability and rising purchasing power, allowing consumers to significantly contribute to economic growth. Last year, however, consumption edged down as high inflation and eroding real in»»»
EU decides not to designate Apple Maps and Apple Ads as digital market gatekeepers
BRUSSELS, Feb 5 (KUNA) The European Commission announced on Thursday that Apple's online advertising service Apple Ads and its digital intermediation service Apple Maps will not be designated as "gatekeepers" under the EU's Digital Markets Act (DMA), as they do not meet the required criteria.In a p»»»
World Bank chief urges Pakistan to create 30m jobs over next decade to harness youth boom
KARACHI: Pakistan must create up to 30 million jobs over the next decade to turn its rapidly growing youth population into an economic advantage — or risk instability and rising outward migration, a Reuters report said, citing World Bank President Ajay Banga. Speaking during a visit to Pakistan thi»»»
Jazan Honey Exhibition Attracts over 20,000 Visitors in Six Days
The Jazan Honey Exhibition, held as part of the Jazan Festival 2026, attracted more than 20,000 visitors over the past six days, underscoring its growing status as a prominent tourism and economic event in the region. Sales outlets and exhibitor booths saw strong demand from visitors from within an»»»
Bitcoin Under $70,000 for First Time Since Trump's Election
Bitcoin, the world's biggest cryptocurrency, extended its price slump Thursday to trade under $70,000 for the first time since Donald Trump's presidential election victory in November 2024. The digital currency dropped as low as $69,821.18 before climbing back above $70,000. Bitcoin has fallen shar»»»
Smart apps drive Ajman taxi bookings past 1.4 million in 2025
Ajman Transport Authority recorded a sharp rise in taxi demand through smart booking channels in 2025, with total requests surpassing 1.4 million across digital platforms and call centre services. According to official figures, taxi requests reached 1,412,019 during the year. The majority 1,351,094»»»
Abu Dhabi launches solar self-supply policy to cut power demand
The Abu Dhabi Department of Energy (DoE) has launched the Solar (Photovoltaic) Energy Self-Supply Policy in Abu Dhabi, enabling customers to improve daytime electricity efficiency and increase reliance on clean and renewable energy sources through the adoption of smart and flexible energy-consumpti»»»
Smolyan, Kardzhali Regional Governors Report High River, Reservoir Levels Amid Heavy Rains
The rivers in Smolyan Region have swollen due to heavy rainfall and melting snow, Smolyan Regional Governor Zahari Sirakov told BTA on Thursday. He noted that the situation is normal and under control, adding that there are no critical situations or reports of rivers overflowing their banks, includ»»»
Tariffs didn’t slow venture capital. They changed where it goes
Dubai: Geopolitical fragmentation is reshaping venture capital in ways that favour local and regional technology companies, with investors saying the shift away from global efficiency toward resilience is creating space for new winners across emerging and mid-sized markets. Sign up for our daily bu»»»
Top unionist under investigation for embezzlement
Greece’s Anti-Money Laundering Authority has frozen the assets of Yiannis Panagopoulos, the longtime president of the country’s largest private-sector labor union, amid a sweeping probe into the alleged embezzlement of tens of millions of euros in state and European Union funds. Panagopoulos, who l»»»
The US has accused the EU of censorship: Here’s how the bloc’s consensus machine works
The Republican US House Judiciary Committee has published details of what it claims is a decade-long campaign by the European Commission to stifle online political speech, with barely-veiled threats used to stamp out memes, satire, and anything Brussels calls “disinformation.” In a report published»»»