#GULF News

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Houthis claim responsibility in US cargo, naval ship attack

newsweek.com The Iran-aligned Houthi militia in Yemen on Wednesday claimed they targeted U.S. and Israeli vessels, according to a video from the rebel group's spokesperson. Houthi…

"Situation Is Unraveling": Pro-Palestinian Protests Erupt Across America's Woke Colleges

zerohedge.com "Situation Is Unraveling": Pro-Palestinian Protests Erupt Across America's Woke Colleges Colleges and universities across the country are struggling this week to keep…

A blast near a ship off Yemen may mark a new attack by Houthi rebels after a recent lull

abcnews.go.com A ship near the strategic Bab el-Mandeb Strait has seen an explosion in the distance, marking what may be a new attack by Yemen’s Houthi rebels through the crucial waterway…

The Latest

apnews.com Germany said Wednesday that it plans to follow several other countries in resuming cooperation with the U.N. relief agency for Palestinians in Gaza after the publication of…

NASA releases satellite photos of Dubai and Abu Dhabi before and after record flooding

cnbc.com NASA released photos of parts of Dubai and Abu Dhabi before and after the United Arab Emirates was hit by record rainfall last week that caused dangerous floods and…

Have McKinsey and its consulting rivals got too big?

economist.com AN ANONYMOUS MEMO briefly circled the web in March. The authors, who claimed to be former partners at McKinsey, rebuked the illustrious strategy consultancy for its pursuit…

Coastal Mississippi Invites Travelers to Unwind and Play Weekends with the Best Events of the Season

benzinga.com BILOXI, Miss., April 23, 2024 /PRNewswire/ -- Coastal Mississippi welcomes travelers to experience weekends filled with adventure, exploration, and relaxation. With a myriad…

UAE central bank asks lenders to defer loan repayments for six months to help flood-hit residents

cnbc.com The United Arab Emirates' central bank sent a directive to the country's lenders and insurers approving the deferring of loan repayments for six months, as residents and…

Festival In Focus: Saudi Film Festival Director Ahmed Almulla Talks Underground Beginnings & Cinema Dreams As Event Marks 10th Anniversary

deadline.com Just over six years have passed since Saudi Arabia announced the lifting of its 35-year cinema ban as part of a strategy to open up the country and move its economy away…

Four Thousand Years of Egyptian Women Pictured

marginalrevolution.com In an excellent, deep-dive Alice Evans looks at patriarchy in Egypt using pictures drawn from four thousand years of history. Here are three examples. A wealthy woman, shown…

When your company's newest board member is an AI

axios.com AI is forcing corporate boards to change how they operate, with the most aggressive companies appointing AI bots as observers to their boards and putting tech at the center…

Syria's President Assad Confirms Rare Direct Talks With Washington

zerohedge.com Syria's President Assad Confirms Rare Direct Talks With Washington Via The Cradle Syrian President Bashar al-Assad told the Foreign Minister of the south Caucasus republic…

Saudi Arabia clashes with West over Chinese green tech

semafor.com Semafor Signals Supported by Insights from Bloomberg, Center for Strategic and International Studies, and The Wall Street Journal. The News The head of Saudi Arabia’s state…

U.S. crude oil hovers near $83 after Iran says it will not escalate conflict with Israel

cnbc.com A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf. Crude oil futures edged lower on Monday after Iran said it…

We know how to prevent the next Deepwater Horizon spill: stop fast-tracking approval for drilling

thehill.com Fourteen years ago, the British Petroleum (BP) Deepwater Horizon offshore drilling rig suffered a blowout in water a mile deep. The Gulf of Mexico explosion took the lives…

Charting the Global Musical Map in Morocco: Dystinct’s Quest for Love and Arabic Music

billboard.com Dystinct arrives at the shoot location, enveloped in the soft glow of the early morning light. Seated quietly and somewhat aloof, he patiently awaits the completion of…

Emirates is dealing with a 30,000 bag backlog as it grovels to customers about its handling of Dubai floods

aol.com None Severe flooding caused by the heaviest rain in 75 years brought travel chaos to Dubai Airport last week. • None The ongoing fallout has prompted Emirates boss Tim Clark…

Nio Stock’s Grim Reality: 3 Brutal Truths Dooming the Once-Promising EV Upstart

investorplace.com Nio will keep sinking to new lows, due to growth, profitability and dilution issues So far this month, Nio (NYSE:NIO) has continued sinking to new lows. At around $4 per…

As shale oil gains slow, deepwater port struggles for customers

finance.yahoo.com As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in…

10 Best Crypto Exchanges in Bahrain

coingape.com Cryptocurrency is legal in Bahrain and there are regulatory bodies in the country and we considered some major factors in our study. The Central Bank of Bahrain (CBB) rules,…

Hamas's political leadership is looking to move from its base in Qatar, as U.S. legislators build pressure on the Gulf state to deliver on cease-fire…

wsj.com Hamas’s political leadership is looking to move from its base in Qatar, as U.S. legislators build pressure on the Gulf state to deliver on cease-fire negotiations that look…

'Dubai's Fyre Festival': Crypto Investors Caught In Chaotic UAE Floods

zerohedge.com 'Dubai's Fyre Festival': Crypto Investors Caught In Chaotic UAE Floods Via Middle East Eye "This Lamborghini is swimming bro," said influencer Crypto Bitlord, as his sports…

BP paid just $1,300 each to 79% of the Deepwater oil spill victims because of a single switched word in the multibillion-dollar settlement

fortune.com When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months —…

Biden Pushing Pipe-Dream Of Israel-Saudi Mega Deal Based On Palestinian State Recognition

zerohedge.com Biden Pushing Pipe-Dream Of Israel-Saudi Mega Deal Based On Palestinian State Recognition The Biden administration is keeping its dream of seeing Saudi-Israeli diplomatic…

Suspected Iranian spy ship sails for home, leaving troubled waters as Tehran braces for Israeli retaliation

businessinsider.com Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 2019. Morteza Nikoubazl/NurPhoto via…

Maysaloun Hamoud To Direct Revenge Thriller ‘Beretta’ For Passage Pictures

deadline.com Written by Qatari-American artist, writer and filmmaker Sophia al-Maria, Beretta is billed as a female-driven Taxi Driver-style thriller centered on a selectively mute woman…

Saudi Film Fest Sets Star Of Ramadan Hit ‘Sekket Safar’ Mohammed Elshehri As Master Of Ceremonies

deadline.com Rising Saudi Star Mohammed Elshehri has been announced as master of ceremonies at the 10th edition Saudi Film Festival, running from May 2 to 9 in the Eastern Province city…

Airport chaos, sleeping in metro stations, no running water: Dubai's flood mayhem continues

cnbc.com The United Arab Emirates continues to reel from floods caused by the heaviest rainfall ever recorded in the desert state, with airlines, banks, and city transport facing…

Once praised, settlement to help sickened BP oil spill workers leaves most with nearly nothing

aol.com When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months —…

Qatar re-evaluates key mediator role in Middle East conflict on concerns of ‘political exploitation’

cnbc.com U.S. Secretary of State Antony Blinken is greeted by Qatari officials upon his arrival in Doha, Qatar, Friday Oct. 13, 2023. Qatar is reconsidering its role as cease-fire…

Can the IMF solve the poor world’s debt crisis?

economist.com It is now four years since the first poor countries were plunged into default because of spiralling costs from covid-19 spending and investors pulling capital from risky…

How to build a global currency

economist.com Seventy years ago the Indian rupee was often found a long way from home. After India gained independence from Britain, the currency remained in use in sheikhdoms across the…

Qatar reconsiders mediator role between Hamas and Israel

ft.com Gulf state complains of ‘narrow interests’ of politicians in apparent reaction to US congressman

The US and Israeli defeat of Iranian missiles is a big boost for its strained regional alliance

businessinsider.com A man walks past a mural depicting US President Joe Biden as a superhero defending Israel on a street in Tel Aviv after Iran's missile and drone attacks that began Saturday.…

Dubai underwater: Videos show extent of rare flooding in desert city

newsweek.com Residents of Dubai were under a stay-at-home order on Wednesday after torrential rains brought the desert city to a standstill, flooding airport runways and stranding…

Torrential Rains and Flooding Bring Dubai to a Halt

youtube.com Torrential rains across the United Arab Emirates prompted flight cancellations, forced schools to shut and brought traffic to a standstill. The heavy rains that caused…

Even without war in the Gulf, pricier petrol is here to stay

economist.com When Iran’s missiles whizzed towards Israel on Sunday April 14th, oil markets were closed. When they opened 24 hours later, their reaction was a loud “meh”. Brent crude, the…

Crypto conferences liquidated after biblical flooding in Dubai

theregister.com And the Lord looked down upon the crypto bros and He was grieved in His heart. So the Lord said, "I will send down upon thee a flood to wash out thy crypto conference."…

Dubai's record-shattering "rain bomb" has clear climate change ties

axios.com The record "rain bomb" that struck Dubai and other nearby Gulf states on Tuesday dumped more than two years' worth of rain on the global financial and transportation hub.…

U.S.-backed Microsoft deal elbows out China's AI in Gulf

axios.com Microsoft's new $1.5 billion partnership with G42, a government-backed tech-investing giant in the UAE, marks a stunning move in AI's increasingly frantic global chess game.…

Heavy rain causes severe flooding in Dubai

youtube.com Torrential rain flooded roads, homes and malls and briefly halted operations at Dubai's airport as storms lashed the Gulf on ...

Photos show heavy rain and severe flooding in the United Arab Emirates

cnbc.com Storms and heavy rain have caused flooding in some Gulf states, leading to the Tuesday closure of Dubai's airport — one of the busiest in the world. The United Arab…

Microsoft invests US$1.5 billion in UAE’s G42 in pivot from China

scmp.com The Microsoft investment will align a key Middle East firm with the US, as Washington seeks to curtail Chinese access to AI technologies. As part of the accord, Microsoft…

US Push For A 'Middle East NATO' Failed To Emerge During Iran Strikes

zerohedge.com US Push For A 'Middle East NATO' Failed To Emerge During Iran Strikes Via Middle East Eye The Islamic Republic’s Saturday attack on Israel was a made-for social media…

The Israel-Iran conflict is bringing the Arab Gulf states closer to the point where they may have to choose between Tehran on one side and the U.S. and Israel…

wsj.com The Israel-Iran conflict is bringing the Arab Gulf states closer to the point where they may have to choose between Tehran on one side and the U.S. and Israel on the other.

An uneasy alliance of Arab states helped to defend Israel from Iran. Their resolve may soon be tested

nbcnews.com BEIRUT, Lebanon — Since Iran’s unprecedented retaliatory attack against Israel was thwarted over the weekend with the help of the United States and its Middle Eastern…

Iran’s Conflict With Israel Puts US Ally Jordan on Edge

youtube.com Iran’s unprecedented attack on Israel and the prospect of escalating hostilities has threatened to embroil Jordan, a key Western ally and a country regarded by Gulf states…

Biden's War on Oil and Gas

tftc.io In a recent report released by the Institute for Energy Research (IER), the Biden administration has taken "more than 200 actions" that have been detrimental for the U.S.…

Heavy Rain in Dubai Floods Major Roads With Abandoned Vehicles

youtube.com Torrential rains across the United Arab Emirates prompted flight cancellations, forced schools to shut and brought traffic to a standstill. The heavy rains that caused…

The US Navy has fired off nearly $1 billion in weapons fighting threats from Iran and the Houthis

businessinsider.com A missile launches from a US Navy warship in the Red Sea in February. US Central Command/Screengrab via X US naval forces in the Middle East have been involved in shooting…

How China, Russia and Iran are forging closer ties

economist.com Vladimir Putin, Russia’s president, and Ebrahim Raisi, his Iranian counterpart, have several things in common. Both belong to a tiny group of leaders personally targeted by…

The Middle East faces economic chaos

economist.com Just over 100 days after Hamas’s brutal attack on Israel started a war in Gaza, the conflict is still escalating. On January 11th America and Britain started attacking…

Three surprises that could inflame commodity markets in 2024

economist.com As Russia continues to pound Kyiv, Western sanctions are beginning to cripple Arctic LNG 2, the aggressor’s largest gas-export project. In the Red Sea, through which 10% of…

Microsoft invests in Arabic AI firm as U.S. tries to limit China’s sway

washingtonpost.com Microsoft plans to invest $1.5 billion in an Abu Dhabi-based artificial intelligence company, a deal that could limit China’s influence in the Gulf region amid rising…

Inside Washington’s Role in Microsoft’s Big AI Deal With G42

nytimes.com A relatively small deal — by Microsoft’s standards, anyway — is leading to big geopolitical ripples on Tuesday. The tech giant is investing $1.5 billion in G42, an Emirati…

Microsoft’s $1.5B funding for G42 signals growing US-China rift

techcrunch.com As the Gulf region gains growing strategic importance in the tech war between the U.S. and China, Microsoft makes a big move into one of its oil-rich countries. On Monday…

stc Bahrain and Aleph Zero Partner to Advance Blockchain DePIN Across the Gulf Region

coinjournal.net Manama, Bahrain, April 16th, 2024, Chainwire By joining forces with Aleph Zero, stc Bahrain aims to leverage cutting-edge solutions to enhance privacy, security, and…

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