LONDON — Oil prices rose past $100 (£74) a barrel on Wednesday after further strikes in the US and Iran conflict and continuing Houthi attacks in Saudi Arabia. In back and forth attacks, the US hit five Iranian tankers in reprisal strikes after Tehran targeted one of its warships. Brent crude, which is the global benchmark for prices, has not been as expensive since the end of July, when a ceasefire between Iran and the US collapsed. Yemen’s Iran-backed Houthi movement also attacked oil facilities in Saudi Arabia on Tuesday and have been targeting tankers in the Red Sea. As…
Author: Editorial Team
Verizon and Corning recently agreed a multi-billion dollar fibre supply deal covering more than 80 million miles of high-density optical fibre and connectivity products. The timeline of this agreement is set to run from 2027 to 2032. The companies stated the agreement is designed to support surging demand for consumer broadband and converged services, alongside growing infrastructure needs from AI hyperscalers. Verizon Business CEO Kyle Malady noted securing fibre at this scale allows the operator to build “the network of the future” at an unprecedented level, combining mobile connectivity and broadband into a single, converged architecture. He said the deployment…
RIYADH — Saudi Arabia strongly condemned the continued unjustified Iranian attacks against Jordan, reiterating its solidarity with the Kingdom and its people in all measures taken in response to the attacks. In a statement issued by the Ministry of Foreign Affairs on Wednesday, Saudi Arabia denounced the Iranian attacks against Jordan in the strongest terms. The Kingdom described the attacks as a blatant violation of international law and the principles of good-neighborly relations. Saudi Arabia also stressed the importance of an immediate halt to Iranian attacks targeting Jordan and other countries in the region, and called for serious steps toward…
Sportswear giant Adidas has apologised after a campaign featuring a former Israeli soldier who lost a leg during his military service sparked widespread criticism and calls for a boycott. The controversy centred on Shalev Biton, an amputee runner who appeared in an Israeli campaign promoting the company’s Single Shoe service. The initiative allows people who require only one shoe, including amputees and those with limb differences, to purchase a single shoe instead of a pair. Biton lost his left leg after being wounded by an anti-tank missile while serving in the Israeli military near Gaza during the 2021 conflict. He…
ABU DHABI, 9th September, 2026 (WAM) — His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has chaired a meeting of the Ministerial Council for Artificial Intelligence and Development, held at Qasr Al Watan, Abu Dhabi. The Council reviewed the Agentic AI Project’s strategy and updates, and other related national initiatives. During the meeting, His Highness Sheikh Mansour bin Zayed Al Nahyan affirmed that the UAE, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President,…
ABU DHABI, 9th September, 2026 (WAM) — Bloom Holding, a master developer committed to curating premium communities that provide a high standard of living, has announced the launch of Alhambra, the final release of Bloom Living, its fully integrated and all-inclusive community in Abu Dhabi. Inspired by Mediterranean Spanish architecture, Alhambra features Souk Alhambra, which lies at the heart of the development and brings together retail and essential services, forming the social centre of Bloom Living and offering a carefully curated mix of everyday essentials. Carlos Wakim, CEO of Bloom Holding, said, “Alhambra marks a defining milestone for Bloom Living,…
Huawei has reportedly emerged as Malaysia’s preferred supplier for AI chips. The details specify that serious consideration is being given for the Chinese vendor to provide hardware for a MYR2 billion ($494.3 million) sovereign AI initiative. Bloomberg reported the country is leaning towards Huawei to drive its AI efforts, in a move which would prove unpopular with the U.S. government but be a significant victory for Chinese AI technology. Malaysia outlined a digital transformation project in October 2025 involving numerous initiatives including adopting blockchain, quantum computing and AI to give it more control over national data, while pledging to establish…
ABU DHABI, 8th September, 2026 (WAM) — Marking the seventh anniversary of Abu Dhabi Exports Office (ADEX), a national journey of pioneering achievements continues to strengthen ADEX’s position as a strategic partner in supporting UAE industries and expanding the presence of national products in global markets. This journey reflects the UAE’s approach to building a diversified and sustainable economy, supported by an advanced and integrated industrial ecosystem that enhances competitiveness, resilience, and the ability of UAE exporters to expand internationally. Through an integrated range of innovative financing tools and solutions, ADEX has helped transform the productive capabilities of UAE companies…
DUBAI, 8th September, 2026 (WAM) — Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, stated tolerance is a fundamental form of capital on which prosperity is built and an essential condition for sustainable economic growth and investment stability. He made the remarks in his opening address at the fourth edition of the “Governments as Incubators for Tolerance” conference, organised by the Ministry of Tolerance and Coexistence in cooperation with the AIM Congress and the Ministry of Foreign Trade. Sheikh Nahyan highlighted President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s vision that prosperity should be founded on…
LONDON — Former Israeli Prime Minister Ehud Olmert has backed Britain’s decision to ban trade with illegal Israeli settlements, saying escalating violence against Palestinians has made such measures unavoidable. His response comes as Britain moves to restrict imports from Israeli settlements in the occupied West Bank, where settlement construction and settler violence have intensified despite widespread international opposition. Announcing the sanctions on Tuesday, British Foreign Secretary Ed Miliband told Parliament that settler terrorists supported by Prime Minister Benjamin Netanyahu’s government are committing ethnic cleansing in the West Bank, in the UK’s starkest condemnation since the foundation of the Israeli state.…