Global wealth creation accelerates with 89 new ultra-rich individuals created each day
Dubai: Global wealth creation has accelerated despite geopolitical uncertainty, higher interest-rate concerns and uneven economic growth, with 89 new ultra-high-net-worth individuals created every day over the past five years, according to Knight Frank’s Wealth Report 2026. Sign up for our daily bu»»»
Al-Hilal come from behind to clinch 12th Saudi King Cup title
RIYADH: In a season marked by turbulence on the pitch and behind the scenes, Al-Hilal will have something to celebrate when the campaign concludes, whatever happens as their battle with Al-Nassr at the top of the Saudi Pro League goes to the wire. The Blues secured their 12th King Cup title on Frid»»»
Joe Kent reiterates claim that US was dragged into Iran war by Israel
Washington joined Israel’s war against Iran despite intelligence assessments that the Islamic Republic was not developing nuclear weapons, US President Donald Trump’s former counterterrorism chief, Joe Kent, has said. Kent, who resigned in protest as head of the US National Counterterrorism Center »»»
Lucas Herbert shoots 64 to take two-shot lead at LIV Golf Virginia
POTOMAC FALLS, Virginia: Lucas Herbert of Australia eagled the par-5 second hole at Trump National DC on his way to an 8-under-par 64, staking himself to a two-shot lead after one round of LIV Golf Virginia in Potomac Falls, Virginia. Herbert, 30, has won on the PGA Tour, DP World Tour and Asian T»»»
Tesla Surpasses Audi in Global Car Sales Amid Challenges in the Electric Vehicle Market
Tesla Inc. has outpaced Audi in global car sales, marking the first time the American electric vehicle manufacturer has surpassed the German luxury brand. In 2024, Tesla sold 1.79 million vehicles, edging out Audi’s 1.67 million, despite both companies facing their own set of challenges. Audi, a su»»»
Iranian Army Issues New Statement pertaining to Early Friday Operation against US Naval Forces
The Iranian army issued a new statement to give more details about the punitive operation on Friday dawn against the US Navy. What follows is the text of the statement: At dawn on Friday, 18 Ordibehesht (May 8), while U.S. naval forces were attempting to escort 3 of their destroyers that had violat»»»
3 Australian women linked to ISIS charged after returning from Syria - UPI.com
A group of supporters surround an ISIS-linked family as they arrive at Melbourne International Airport in Melbourne, Australia, Thursday. The group of 13 women and children came home to Australia after years spent in a Syrian refugee camp following the fall of the Islamic State. Three of the women »»»
Trump honors mothers at Rose Garden Mother's Day lunch - UPI.com
1 of 5 | President Donald Trump delivers remarks at an event for Gold Star Mothers and Angel Mothers to honor Mother's Day, which is this Sunday, in the Rose Garden of the White House on Friday. Photo by Aaron Schwartz/UPI | License Photo May 8 (UPI) -- President Donald Trump on Friday delivered a »»»
Southeast Asian leaders seek strategy to ease impacts of Iran war
CEBU: Southeast Asian leaders at a summit on Friday stressed an urgent need to coordinate their response to the impacts of the Middle East crisis, as they aim to ease pressure from an energy shock that has rattled their oil import-reliant economies. Meeting on the Philippine island of Cebu, leaders»»»
World Migratory Bird Day: Saudi Arabia strengthens role as vital refuge
RIYADH: As millions of birds cross continents each year, navigating vast distances between breeding and wintering grounds, Saudi Arabia continues to serve as a critical point on their journey — a safe haven for migratory species. At the center of this effort lies the Imam Turki bin Abdullah Royal R»»»
Hasakah: Boosting Syrian wheat with more than one million tons of production
Damascus, May 8 (SANA) Hasakah province is reasserting itself as one of Syria’s most important agricultural regions and a key pillar of the country’s wheat and grain production, at a time when strengthening food security and reducing import costs have become increasingly urgent priorities. Official»»»
Why Syria’s cultural restoration must go hand in hand with political and economic recovery
LONDON: In early November, six Roman-era marble statues vanished from Syria’s National Museum in Damascus. Staff later found that one of the museum’s doors had been broken from the inside, and officials concluded they had been stolen. The heist took place overnight on Nov. 12 in the museum’s classi»»»
EGX Closes Strong Despite Turbulent Trends
In a week marked by fluctuating dynamics and strategic investments, Egypt’s stock exchange (EGX) wrapped up on Thursday, February 20, 2025, with a positive close across multiple indices. This resilience underscores investor confidence amidst the complex economic landscape, drawing attention from re»»»
Otamendi, Caicedo cleared to play after FIFA changes World Cup suspension rules
GENEVA: FIFA has amended its World Cup disciplinary rules to ensure that minor suspensions picked up in qualifiers are no longer carried over into the 2026 finals, clearing Argentina defender Nicolas Otamendi and Ecuador midfielder Moises Caicedo for their sides’ opening matches. FIFA said on Frid»»»
US lifts hold on immigration applications for doctors, but leaves others waiting
WASHINGTON: Libyan Dr. Faysal Alghoula needs to renew his green card to continue caring for roughly 1,000 patients in southwestern Indiana. But he hasn’t been able to do that since the Trump administration stopped reviewing applications for people from several dozen countries it deemed high-risk. A»»»
Caretaker Cabinet Hands Over Executive Power to New Regular Government
Changing-of-the-guard ceremonies took place Friday after the Rumen Radev Cabinet was approved by Parliament earlier in the day. The members of the caretaker government handed over executive power to the new ministers. Newly elected Prime Minister Rumen Radev said that he believed that “our governme»»»
Russia-Belarus Trade at Record Level, Despite External Difficulties - Putin
MOSCOW (Sputnik) - Trade between Russia and Belarus is at a record level, despite the difficulties being created from outside, Russian President Vladimir Putin said on Friday. "Trade is at a record level, despite all the difficulties being created from outside," Putin said at the meeting with Belar»»»
Yemen’s Economy Pays Heavy Price of Houthi War
Yemeni government data has revealed the scale of the unprecedented economic and humanitarian deterioration the country has suffered because of a war that has dragged on for more than a decade, saying the conflict ignited by the Houthis caused cumulative losses to the national economy estimated at a»»»
Argentina accuses WHO of politicizing hantavirus outbreak - UPI.com
Civil Guard officers and local policemen prepare the command post set up at the port of Granadilla de Abona, in Spain's Tenerife Island, during preparations Friday for the arrival of the cruise ship MV Hondius, which harbored a hantavirus outbreak. According to the World Health Organization, eight »»»
SYDF reports $83 million in pledges, $41 million collected in first quarter
Damascus, May 8 (SANA) The Syrian Development Fund‘s Q1 2026 performance report showed significant progress in the fund’s strategic foundation phase, with total pledges and donations reaching $83 million and actual collections exceeding $41 million as of March 31, representing a 46 percent collecti»»»
UN experts condemn Israel’s interception of Gaza aid flotilla, demand activists’ release
LONDON: A group of UN experts on Friday condemned Israel’s interception of a humanitarian flotilla bound for Gaza and called for the immediate release of activists detained during the operation in international waters. The condemnation came via a statement signed by several UN special rapporteurs a»»»
Risk of Hantavirus spreading to general population "absolutely low": WHO
Geneva: The risk of Hantavirus spreading to the general population is "absolutely low," World Health Organization (WHO) spokesperson Christian Lindmeier said on Friday. "This is not COVID" and its risk to the general population remains "absolutely low," Lindmeier said at a briefing in Geneva, as th»»»
Volcanic eruption on a remote Indonesian island kills 3 hikers
JAKARTA: An explosive eruption Friday of Mount Dukono on the remote Indonesian island Halmahera killed three hikers and injured five who were climbing in a restricted area around the active volcano, authorities said. About 20 climbers had set out Thursday to ascend the nearly 1,355-meter (4,445-foo»»»
Trump and Lula's private Oval Office meeting signals lingering strain - and effort to avoid tension
Trump and Lula's private Oval Office meeting signals lingering strain - and effort to avoid tension 14 hours agoShareSaveAdd as preferred on GoogleJoão Fellet and Rute PinaBBC Brasil Getty ImagesUS President Donald Trump and Brazil President Luiz Inácio Lula da Silva greet each other at the White H»»»
Spain investigates suspected hantavirus case linked to cruise ship outbreak
A 32-year-old woman in Alicante, southeastern Spain, is being tested for hantavirus after developing symptoms consistent with the infection, health officials said. According to Spanish authorities, the woman was on the same flight as a passenger linked to a deadly outbreak on the MV Hondius cruise »»»
New world order: Why the old global system is gone but no replacement is ready
“A new world order must be built to ensure economic justice and equal political security for all nations. An end to the arms race is an essential prerequisite for the establishment of such an order.” This year marks the 40th anniversary of those words from the Soviet-Indian Delhi Declaration, signe»»»
Cash-strapped Zamalek eye record CAF Cup winners prize
JOHANNESBURG: Financially-embattled Egyptian club Zamalek will pocket a record four-million-dollar CAF Confederation Cup prize if they beat Algerian outfit USM Alger in the two-leg final. USM host the first match on Saturday in front of a 50,000 crowd and the return game is set for Cairo on May 16 »»»
French couple from virus-hit ship describe voyage as ‘unlikely adventure’
RENNES, France: Julia and Roland Seitre, a French couple aboard the cruise ship hit by a deadly hantavirus outbreak, said passengers remained calm, called their journey an “unlikely adventure,” and urged against unnecessary drama. Their ship left Ushuaia on the southern tip of Argentina on April 1 »»»
Marathon Marks Turning Point for Palestinian Runner Released from Israeli Prison
Mohamad Al-Assi ran beneath the concrete wall as the sun rose over Bethlehem. His Nikes pounded the gravel, his breath fogging the air as graffiti and paint splatter blurred past with each stride. The road along the barrier separating Israel from the occupied West Bank makes up a stretch of a marat»»»
Hezbollah Says Launched Missiles at Military Base in North Israel
Hezbollah launched missiles at a military base in Israel on Friday in response to Israeli attacks that killed a top commander, while Lebanese authorities reported five people including a rescuer killed in fresh Israeli strikes. In a statement, the group said the missiles targeted a base south of th»»»
US Fires on and Disables 2 More Iranian Tankers as Tensions Rise in Strait of Hormuz
US forces fired on and disabled two Iranian oil tankers on Friday after exchanging fire with Iranian forces in the Strait of Hormuz overnight. The United Arab Emirates, meanwhile, reported another Iranian missile and drone attack. The attacks cast more doubt on a tenuous month-old ceasefire that th»»»
Syrian industry makes return to international stage at Beauty Istanbul 2026
Istanbul, May 8 (SANA) The Beauty Istanbul 2026 exhibition opened Thursday in Türkiye‘s largest city, with a prominent Syrian presence signaling the return of national industry to the international arena. The Syrian pavilion, organized by the Damascus Chamber of Industry, features five companies sp»»»
Word Bank Group’s IFC is to become shareholder of Carpathia Pensii, a VIG company
The majority shareholder of Carpathia Pensii, Vienna Insurance Group, signed the agreement in the presence of Mr. Peter Höfnger, Deputy CEO of VIG and Chairman of the Supervisory Board of Carpathia Pensii and Mr. Vittorio Di Bello, IFC’s Director of the Financial Institutions Group for Europe, Lati»»»
Economy Minister Prioritizes Food Inflation, Fuel Prices and Public Sector Oversight
Combating inflation in essential food products, measures against rising fuel prices, and a review of the activities of public enterprises, structures and agencies are among the main priorities of Deputy Prime Minister and Minister of Economy, Investment and Industry Alexander Pulev in the governmen»»»
Vijay’s TVK clears majority hurdle, set to form Tamil Nadu government
Actor-turned-politician Vijay is set to become the next chief minister of Tamil Nadu after his Tamilaga Vettri Kazhagam (TVK) secured enough backing from allies to cross the majority mark following days of intense post-election negotiations and political uncertainty. The breakthrough came on Friday»»»
Disney says its Abu Dhabi mega theme park is still happening — here’s what we know
Abu Dhabi: Disney has confirmed that its planned theme park resort in Abu Dhabi remains on track, despite the ongoing regional war. Sign up for our daily business newsletter, Cheques & Balances.The Abu Dhabi destination will become Disney’s seventh resort worldwide and its first in the Middle East.»»»
Spain reports suspected hantavirus case linked to cruise ship outbreak
Madrid, Spain: Spanish Secretary of State for Health Javier Padilla said on Friday that the health authorities had taken relevant measures after detecting a suspected case of hantavirus in Alicante. The person traveled several weeks ago on the same flight as one of the infected individuals, Padilla»»»
Lebanese President Meets Delegation Chief ahead of Direct Israel Talks
Lebanese President Joseph Aoun on Friday met with veteran diplomat Simon Karam, the head of the delegation headed to Washington for planned talks with Israel next week. Lebanon and Israel's US ambassadors had previously met twice in Washington over the past weeks, in an attempt to end the war that »»»
Lebanese president meets delegation chief ahead of direct Israel talks
BEIRUT: Lebanese President Joseph Aoun on Friday met with veteran diplomat Simon Karam, the head of the delegation headed to Washington for planned talks with Israel next week. Lebanon and Israel’s US ambassadors had previously met twice in Washington over the past weeks, in an attempt to end the w»»»
Economy Minister Outlines Priorities As Food Inflation, Fuel Prices and Public Sector Oversight
Combating inflation in essential food products, measures against rising fuel prices, and a review of the activities of public enterprises, structures and agencies are among the main priorities of Deputy Prime Minister and Minister of Economy, Investment and Industry Alexander Pulev in the governmen»»»
Spain readies for evacuations as a hantavirus-hit cruise ship heads for the Canary Islands
MADRID: Spanish authorities on Friday were preparing to receive more than 140 passengers and crew members on board a hantavirus-stricken cruise ship headed for the Canary Islands, where health officials have said they will perform careful evacuations. The vessel is expected to reach the Spanish isl»»»
Israeli strikes kill 5 in south Lebanon including women, paramedic
An Israeli strike on Friday killed four people including two women in the southern Lebanon town of Toura, the health ministry said, as state media and AFP correspondents reported Israel was conducting widespread strikes. The Health Ministry in Lebanon said that an Israeli airstrike on the southern »»»
Rubio says U.S. won't negotiate with Hezbollah but with Lebanese state
U.S. Secretary of State Marco Rubio blamed Hezbollah Friday for the situation in Lebanon, accusing the group of being fully dependent on Iranian support. "The reason why Lebanon faces bombings, the reason why Lebanon faces violence, is because of Hezbollah. It is Hezbollah that’s imposing this on t»»»
US military says over 70 ships blocked from entering or leaving Iranian ports
US Central Command (CENTCOM) said more than 70 vessels are currently being prevented from entering or leaving Iranian ports as part of an ongoing US-led maritime blockade. In a post on X, CENTCOM said: “There are currently more than 70 tankers that US forces are preventing from entering or leaving »»»
Why Riyadh is looking to Pakistan as US security guarantees weaken
The rapidly evolving security landscape in the Middle East is prompting Saudi Arabia to rethink its national defense strategies. With no reliable guarantees of American protection, Riyadh is looking to establish an alternative framework for reliable defense – and surprisingly, Pakistan is becoming »»»
Berlin considers penalties for those ignoring army survey, according to a report
Germany is considering imposing fines on young men who fail to complete mandatory military questionnaires as part of a new army recruitment drive, according to a report by Der Spiegel. Berlin has been seeking to rapidly expand the Bundeswehr as part of a broader EU military buildup, aiming to incre»»»
UAE travel update: Where travellers are flying for Eid Al Adha, summer break
Dubai: The mood across the travel sector this week is one of ‘cautious optimism. After weeks of uncertainty across regional aviation, UAE travellers are showing increased confidence to travel. Sign up for our daily business newsletter, Cheques & Balances.Travel agents say calls for travel are retur»»»
Israeli strikes kills 5 in south Lebanon including women, paramedic
An Israeli strike on Friday killed four people including two women in the southern Lebanon town of Toura, the health ministry said, as state media and AFP correspondents reported Israel was conducting widespread strikes. Despite a truce in the war between Israel and Hezbollah, fighting has not stop»»»
Velislava Petrova Assumes Office as Foreign Minister
Velislava Petrova took over the post of Foreign Minister during an official ceremony at the ministry from caretaker minister Nadezhda Neynsky, who also presented a report on the work accomplished by the ministry during the caretaker government’s term. “Our people have given us the opportunity to go»»»
Dollar Set for Second Straight Weekly Fall despite US-Iran Clashes
The dollar was down and heading for a second straight weekly fall on Friday as investors stayed cautiously optimistic about a swift end to the Middle East conflict, after President Donald Trump said the ceasefire remained in place despite renewed US-Iran hostilities. The two sides have occasionally»»»