Middle East

Whiskey Wave Rises With New Regulations In India, Middle East
UAE Eyes Deeper Collaboration With US In AI Race After Microsoft's $1.5B Investment In Local Firm
Nvidia Strikes Deal To Power Qatari Telecom Company's Data Centers In First Large-Scale Deployment In Middle East
UAE Eyes Deeper Collaboration With US In AI Race After Microsoft's $1.5B Investment In Local Firm
Nvidia Strikes Deal To Power Qatari Telecom Company's Data Centers In First Large-Scale Deployment In Middle East
Israeli Strikes On Hezbollah Targets In Southern Lebanon Spark Conflict Fears; US Imposes Sanctions On Israeli Group Tsav 9
Hamas Urges US To Pressure Israel To End War In Gaza Ahead Of Antony Blinken's Middle East Visit

Middle East Recent News

Tesla's Chinese Rival Nio Set To Enter UAE Market By Year-End As Beijing Deepens Middle East Ties
Nio recently received funding from Middle East-based investors and saw record-high deliveries of 20,544 vehicles in May.
Israel-Hamas Conflict: School Airstrike Escalates Tensions, NAACP Calls For Halt To US Weapons Deliveries
IDF airstrike targets Hamas fighters in Gaza school, US calls for transparency, cautions Israel against war in Lebanon. EIS down 0.5%, oil prices rise.
Tensions Escalate At The Israel-Lebanon Border, Gaza Cease-Fire Efforts Struggle, US Congress Votes On Sanctions Against International Criminal Court
Drone attack by Hezbollah wounds 10 in Israel, raising tensions for counterattack. Gaza conflict intensifies as ceasefire efforts fail.
Biden Criticizes Netanyahu For Standstill On Cease-Fire Efforts As Tensions Escalate With Lebanon
Critics blame Netanyahu for prolonging the Gaza war for political gain. There's "every reason for people to draw that conclusion," Biden says.
Biden Urges Israel, Hamas To Accept 3-Stage Hostage, Cease-Fire Deal In Gaza: 'It's Time To End This War'
President Biden proposed a ceasefire deal between Israel and Hamas to end the ongoing conflict in Gaza, urging both parties to accept the terms for a better future.
OPEC+ Likely To Extend Production Cuts Amid Rising Summer Demand: Report
The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, are expected to extend their current production cuts this weekend, as per delegates and analysts.
US Taps Brakes On AI Chip Sales To Middle East Over National Security Concerns
US government slows export of AI chips to Middle East, citing national security concerns over Chinese access to advanced technology. US vs China tech race continues.
Lenovo To Issue $2B In Zero-Coupon Convertible Bonds To Saudi Crown Prince's Sovereign Wealth Fund
Lenovo Group has decided to issue $2 billion worth of zero-coupon convertible bonds to Saudi Arabia Crown Prince Mohammed Bin Salman's sovereign wealth fund. This is part of a broader agreement with the tech-friendly kingdom.
All Eyes On Rafah As Israeli Forces Enter Safe Zones; Spain, Ireland And Norway Officially Recognize Palestinian State
Israeli airstrikes in Gaza's Rafah cause international condemnation and tensions rise as Palestinian civilians are killed. Limited market impact.
Saudi Arabia's Wealth Fund Pitches In $250M For Healthcare Fund, Aiding Kingdom's Economic Diversification
A unit of Saudi Arabia's sovereign wealth fund, Jada, has invested in a $250 million health fund. This investment is expected to play a pivotal role in the kingdom's healthcare industry.
Israeli Airstrikes In Rafah, Border Shooting Incident With Egypt Escalate Tensions In Middle East
Tensions in Middle East escalate with airstrikes in Gaza's Rafah city and border shooting incident. Global condemnation and calls for ceasefire.
International Court Of Justice Mandates Israel Halt Operations In Rafah: Why It Matters
The ICJ has mandated Israel to cease its military operations in Rafah, Gaza, following a request from South Africa regarding accusations of genocide. The ruling may harm Israel's reputation and intensify diplomatic pressure.
McDonald's, KFC Bearing Brunt Of Boycotts In Asia, Middle East Amid Israel-Gaza Conflict
The boycotts, fueled by the perceived association of these brands with Israel, have led to a significant drop in sales for McDonald's and KFC in Muslim-majority countries.
Middle East Tensions Rise: European Nations Recognize Palestine, Israel Presses On Egypt Border, Blinken Eyes ICC Sanctions
Spain, Norway, and Ireland recognized an independent Palestinian state, sparking fierce response from Israel. Other countries urged to follow.
Oil Holds At $80 As Iranian Leaders Die In Crash, Saudi Crown Prince Delays Japan Trip; Natural Gas Spikes 40% In May
WTI crude price stable at $80 despite Mideast tensions, while natural gas surges 40% in May due to warmer weather and geopolitical events.
JPMorgan's Jamie Dimon Urges 'Full Engagement' With China Amid Biden's New Tariffs, But Says 'America Has The Right To Do Things To Protect Itself'
Jamie Dimon, the CEO of JPMorgan Chase & Co, emphasized the need for comprehensive engagement with China, despite its competitive stance against the West.
UN General Assembly Votes To Grant Palestine New Rights, Israel-Hamas Ceasefire Talks Stall
The UN voted in favor of a resolution granting Palestine new rights and privileges. US, Israel, and others voted against it, hindering talks for Palestinian statehood.
Israeli Prime Minister Netanyahu Vows To 'Fight With Our Fingernails' Against Hamas After Biden Threatens Arms Freeze: 'We Will Stand Alone'
In a defiant response to the U.S. warning of potential arms restrictions, Israeli Prime Minister Benjamin Netanyahu has pledged that Israel will stand alone and "fight with our fingernails."
Israel Must Protect Civilians In Rafah, US Defense Secretary Says After Halted Weapons Shipment
US halts arms shipment to Israel due to concerns over potential large-scale offensive in Gaza, emphasizing need to protect civilians.
Israeli Forces Seize Control At Rafah Crossing As Ceasefire Negotiations Falter: US Delays Military Shipments To Israel
Israeli forces take Rafah crossing, Hamas warns of ceasefire collapse. US delays arms shipment, UN condemns Israeli assault. Stocks rise.
Israel Terms Gaza Ceasefire Accepted By Hamas As 'Softened'; US Opposes Netanyahu's Operation In Rafah
The Islamist group Hamas has accepted a ceasefire proposal, despite Israel's concerns. Biden urges restraint and Israel faces domestic pressure.
Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What's Driving Markets Monday?
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve’s unexpectedly dovish stance
Saudi Arabia-US In Talks For Security Pact As Mohammed Bin Salman-Antony Blinken Discuss Middle East Crisis: Report
A working draft of the pact sketches out principles and proposals to revive a U.S.-led initiative aimed at stabilizing the tumultuous region, which was disrupted by the Hamas attack on Israel and the ensuing war in Gaza.