Dubai: Abu Dhabi may be the only viable location in the UAE for the proposed $5 billion Moon resort, according to its founders, who say the development requires 556 acres and cannot move forward without direct government support. Sign up for our daily business newsletter, Cheques & Balances.Michael»»»

The United States on Sunday carried out a second night of airstrikes against Iranian targets as their dispute over transit rights in the Strait of Hormuz threatened to escalate beyond the region. U.S. Navy file photo by Mass Communication Specialist Seaman Zoe Simpson July 12 (UPI) -- The U.S. mili»»»

The EU is diluting key elements of its proposed 21st sanctions package against Russia as internal divisions deepen over how far member states are willing to go to tighten economic pressure on Moscow. Diplomats have spent recent days trying to salvage a compromise after several governments demanded »»»

French far-right leader Marine Le Pen was cleared to run in next year's presidential election, despite having her embezzlement conviction confirmed, in a week that saw Iran hold days-long funeral ceremonies for slain supreme leader Ayatollah Ali Khamenei and football stars Kylian Mbappé and Lionel »»»

The US military on Sunday said that "traffic is flowing" through the Strait of Hormuz despite Iran's claim to have closed it in the latest flare-up of the Middle East war. Iran had earlier attacked US-allied Gulf neighbors in response to the latest series of US strikes on Iran, further endangering »»»

LONDON: Jannik Sinner was at his clinical best as he successfully defended his Wimbledon title with a bruising four-set victory over French Open champion Alexander Zverev in Sunday’s final. The world number one recovered from losing the first set in a match largely dominated by serve, eventually we»»»

Business News announced the results of its seventh edition of the Bank Performance Indicators in Egypt in 2017. The Commercial International Bank (CIB) received the Bank of the Year award, following a year of strong and balanced performance. The unfavorable economic conditions did not prevent the b»»»

JERUSALEM: Israel’s general election on October 27 will determine whether the country’s longest-serving prime minister, Benjamin Netanyahu, will remain in power. Here are the main features of Israel’s electoral system. - Single nationwide constituency - Israel’s legislature consists of a single bod»»»

JERUSALEM: Israel’s general election on October 27 will determine whether the country’s longest-serving prime minister, Benjamin Netanyahu, will remain in power. Here are the main features of Israel’s electoral system. - Single nationwide constituency - Israel’s legislature consists of a single bod»»»

by Ahmed El-Mahdi The director of the Egyptian Industrial Zone in Ethiopia, Alaa al-Saqti, has called for a detailed plan to be drawn up of the industrial city so as to make best use of the available area. He added that he would send a memo to this effect to Prime Minister Ibrahim Mahlab within the»»»

China has further consolidated its position at the pinnacle of global banking, with seven Chinese lenders occupying the world’s top 10 positions by Tier 1 capital, including the world’s four largest banks, according to The Banker’s Top 1000 World Banks 2026. Compiled annually by The Banker, a Finan»»»

FRANKFURT, Germany: Despite a year of searching, previous stints at big automotive suppliers and sending out about 50 applications, German software engineer Max Peil is still looking for a job. Trained in computer vision, a critical part of autonomous and intelligent driving systems, Peil could onc»»»

AMMAN — Japan sees Jordan as a strategic gateway for expanding its economic engagement in the Middle East and seeks to deepen bilateral cooperation beyond traditional development assistance towards investment, technology, logistics and regional connectivity, Japanese Ambassador to Jordan Hideki Asa»»»

Tunis, July 12 (TAP) - The energy sector accounted for more than half of Tunisia’s trade deficit during the first half of 2026, as the energy import bill continued to rise despite growth in exports in the sector, data released by the National...»»»

NEW YORK: UN Secretary-General Antonio Guterres urged the United States and Iran Sunday to halt their new outbreak of fighting in the Middle East war and resume talks to end it. Guterres specifically mentioned US attacks on Iran and the latter’s strikes on ships in the Strait of Hormuz and US allie»»»

Share: Illustration – The world can hold the prison door open. Only the Iranian people can walk through it. The United States cannot choose Iran’s future—but it can help create the conditions for Iranians to choose it themselves. By: The Editorial Board , Opinion The U.S.-Iran Memorandum of Underst»»»

Dubai: Gold prices could face a decisive test from July 13 to 17 as a packed economic calendar gives investors fresh clues about US inflation, interest rates, consumer spending and the strength of China’s economy. For UAE residents, the main question is whether these releases will push local gold r»»»

A high-speed police chase ended in a serious crash late on Friday night in Székesfehérvár after a 17-year-old driver attempted to evade officers. They had tried to stop a Honda travelling at excessive speed by using flashing lights and sirens, but the teenager ignored the signal and sped away. Acco»»»

In an assertive maneuver that underscores the shifting dynamics of the global oil market, Saudi Arabia’s state-owned oil giant, Aramco, has announced a significant increase in oil prices for March deliveries. This decision comes at a time when the world’s energy landscape is undergoing rapid change»»»

TUNIS, July 12 (TAP) — Tunisia currently recycles no more than 10% of its waste, despite having several promising initiatives and being among the leading countries in the Middle East and North Africa (MENA) region to establish structured public...»»»

Budapest’s District XI (Újbuda) council has approved a controversial planning agreement that effectively clears the way for a 140-apartment residential development next to the popular Lake Feneketlen. Residents opposed, but council said compromising was the only solution The decision follows months»»»

Egypt's Giza Plateau- Pyramids Orascom Pyramids Entertainment, owned by billionaire Naguib Sawiris, is increasing its investment in ancient Egyptian archaeological sites by a third, betting on sporting events and pop concerts by stars like Shakira to help propel tourism to new heights. The new inve»»»

Dubai: The Middle East entered a new and uncertain phase on Sunday after Iran declared the Strait of Hormuz closed once again following fresh US air strikes. While Tehran has announced the closure before, this time the declaration comes after attacks on commercial shipping, the largest US military »»»

RIYADH: Fitch Ratings affirmed Saudi Arabia’s ‘A+’ sovereign credit rating with a stable outlook, citing strong fiscal buffers and external finances despite regional conflict and temporary trade disruptions. The ratings agency said the Kingdom’s government debt and sovereign net foreign assets rema»»»

Iranian forces have launched coordinated missile and drone strikes against US military facilities in Jordan, Kuwait, Bahrain, and Oman as they closed the Strait of Hormuz until further notice in response to continued American assaults on southern Iran. In a statement early on Sunday, the Islamic Re»»»

Manila: A century after it helped electrify Baguio City, the Philippines' summer capital, the historic Asin Hydropower System remains idle. Now, it's caught in a web of legal disputes, regulatory hurdles and competing claims over land and water. The latest setback came this week when the Baguio Cit»»»

MIAMI: Jude Bellingham scored twice as England came from behind to beat Norway 2-1 after extra time on Saturday and reach the World Cup semi-finals. Andreas Schjelderup gave the Norwegians the lead in the 36th minute, but Bellingham equalized before the break. Harry Kane had a goal ruled out shortl»»»

Doha, Qatar: Spain head into FIFA World Cup semi-final against France with growing confidence after their dramatic victory over Belgium, convinced they have what it takes to stop the tournament favourites. Luis de la Fuente’s side booked their place in the last four with a 2-1 win over Belgium on F»»»

Doha, Qatar: Under the theme ‘Realising the hopes and aspirations of young people - today and for the future’, the State of Qatar joins the rest of the world in marking World Population Day, observed annually on July 11. The day aims to raise awareness of population issues and highlights topics rel»»»

Arab Finance: As Egypt navigates structural shifts across its agricultural supply chains, the local milling sector is under intense pressure to modernize, optimize capacity, and ensure food security for a growing population of over 112 million. Caught between global market volatility, a rapid 76% s»»»

Arab Finance: Maersk will resume transits through the Suez Canal on its Middle East–US East Coast (MECL) service, a shift in its network after months of rerouting vessels around the Cape of Good Hope due to regional security concerns, as per a statement. The first westbound sailing via the Suez Can»»»

In a way, politics will always be part of football. The game’s importance to fans makes it inevitable. This is why prime ministers and presidents like to declare themselves fans of one team or another, even if sometimes they forget which club they support between interviews. Cue a gentle cough in t»»»

FRANKFURT, Germany — Volkswagen on Friday said that a slide in sales accelerated in the second quarter, as the crisis-hit German auto group reportedly considers cutting up to 100,000 jobs worldwide.Overall vehicle deliveries fell almost nine percent in the April-June period from a year earlier than»»»

PARIS, France — The International Energy Agency said recently that "a recovery" in global oil demand had started as supplies tentatively start moving through the strategic Strait of Hormuz again and prices ease."A recovery in world oil demand is underway, with consumption set to rise from its May n»»»

US and Iranian leaders traded threats on Saturday, after exchanges of fire rocked an interim agreement aimed at ending the war. US President Donald Trump threatened further missile attacks against Iran, and Tehran's Supreme Leader Mojtaba Khamenei vowed revenge for the killing of his father an»»»

HERAT: Businesses in Afghanistan’s western city of Herat have suffered from a downturn in female customers opting to stay home following a recent crackdown by morality police on women’s attire, according to shopkeepers, drivers and residents. Dozens of women were detained by the Taliban government’»»»

Argentina sink 10-man Swiss to set up blockbuster World Cup semifinal with England KANSAS CITY: Julian Alvarez scored a breathtaking goal as Argentina battled past 10-man Switzerland 3-1 after extra-time on Saturday, setting up a mouthwatering World Cup semifinal against bitter rivals England. Fans»»»

Tour de France's organisers on Saturday announced that they will shorten a stage of the race due to intense heat. ASO made this historic decision to cut out a hilly loop at the start of the stageafter France's weather authority declared a red alert in Corrèze.  Tour de France organisers, »»»

Share: Military delegations from the United States and Lebanon have met in Beirut to work out how to implement the first phase of a US-brokered framework agreement intended to achieve an Israeli withdrawal from southern Lebanon. Lebanese sources told Al Jazeera on Saturday that the talks focused on»»»

Pfizer has officially announced the appointment of Amr Seif as the Regional Director for Egypt, Levant, and Iraq, effective September 15. In this pivotal role, Amr will helm the company’s operations across the region and champion various initiatives that bring cutting-edge scientific innovations in»»»

Miami, United States: Jude Bellingham was England's hero once more by scoring twice as the Three Lions came from behind to end Norway's historic run and reach the World Cup semi-finals with a 2-1 win after extra-time on Saturday. In their first ever quarter-final, Andreas Schjelderup fired Norway i»»»

MIAMI GARDENS, Florida: Jude Bellingham scored in the third minute of extra time to lift England past Norway 2-1 and into the World Cup semifinals for the first time since 2018. Bellingham’s goal was his second of the game — he also had an equalizer late in the first half. The Real Madrid star is n»»»

DUBAI/WASHINGTON: Iran on Sunday said it closed the Strait of Hormuz after a vessel traveled on an unapproved route and was struck, warning that any retaliation over ​the incident would be met with a “severe response.” “A vessel that had jeopardized maritime security by switching off its systems wa»»»

JEDDAH: Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman on Saturday sent separate cables of congratulations to Mongolian President Khurelsukh Ukhnaa on the occasion of his country’s National Day, according to the Saudi Press Agency (SPA). King Salman wished President Khurelsukh cont»»»

Khaled Al Hameidi DoHA As the fragile calm between the United States and Iran faces mounting pressure following renewed military exchanges and increasingly confrontational political rhetoric, Qatar has intensified diplomatic efforts to prevent the remaining channels of communication from closing. W»»»

Tribune News Network Doha Chronic kidney disease and the powerful role of environmental conditions in shaping community health took centre stage in two recent live sessions of the Weill Cornell Medicine-Qatar’s (WCM-Q) ‘Health and YOU: Community Wellness Webinar’ series. In a bid to cut through com»»»

JERUSALEM: In spite of the ongoing risk of renewed fighting in Gaza, stakeholders have spent months preparing for the post-war phase. Plans for governance, security and humanitarian relief have begun to take shape, but remain largely theoretical in the absence of a political agreement, credible sec»»»

LONDON: The main focus of the two-day NATO summit in Ankara this week was, overwhelmingly, the alliance’s renewed pledge of “unwavering support for Ukraine in defending its freedom, sovereignty, and territorial integrity,” backed by additional military equipment and training. There was also a renew»»»

INGLEWOOD, California: Lamine Yamal thinks France should be afraid of Spain with the European giants headed to a World Cup semifinal showdown on Tuesday. “I believe if France has to fear anyone, it should be us, in my opinion,” the teenage sensation told broadcast reporters after Spain beat Belgium»»»

Yes, Bulgaria Co-Chair Bozhidar Bozhanov congratulated Radan Kanev on his election as leader of Democrats for Strong Bulgaria (DSB), saying it is extremely important for the Democratic Bulgaria coalition to continue functioning effectively and to be further strengthened, Bozhanov's party said in a »»»