News Archives for World - 2025-02-24

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World

Trump says discussing ‘major’ economic deals with Putin

WASHINGTON: US President Donald Trump said Monday that he and Russian leader Vladimir Putin are discussing “major”...

Published 24 Feb, 2025 11:37pm

World

Israel army says strikes Gaza site after rocket launch

JERUSALEM: Israel’s army said it struck two rocket launch sites in the Gaza Strip on Monday after a projectile was...

Published 24 Feb, 2025 11:32pm

Stocks

Aramco weighs on Saudi bourse, profit-taking hits Dubai

Most stock markets in the Gulf ended lower on Monday as oil giant Saudi Aramco weighed on the Saudi index, while the...

Published 24 Feb, 2025 09:08pm

USA

US imposes new sanctions on Iran’s shadow fleet: Treasury Dept

WASHINGTON: The United States imposed sanctions on more than 30 people and vessels for their role in selling and...

Published 24 Feb, 2025 08:52pm

Middle East

EU and Israel resume dialogue with focus on Gaza’s future

BRUSSELS: Israeli Foreign Minister Gideon Saar called for a constructive dialogue but braced for criticism from some...

Published 24 Feb, 2025 08:04pm

Middle East

Saudi Arabia to buy control of Olam’s agribusiness for $1.8bn; shares jump

Saudi Arabia’s agricultural and livestock investment firm SALIC has agreed to buy a 44.58% stake in Singapore-based...

Published 24 Feb, 2025 07:32pm

Companies

Flydubai reports record profits of AED2.5bn

Carries 15.4 million passengers in 2024, increase of 11%

Updated 24 Feb, 2025 05:55pm

Middle East

Saudi Arabia hires banks for inaugural green bond

Saudi Arabia plans to issue potential euro-denominated dual-tranche bonds consisting of a 7-year inaugural green...

Published 24 Feb, 2025 05:17pm

Europe

Spanish PM announces new 1-billion-euro aid package for Ukraine

MADRID: Spain will provide Ukraine with a new military aid package worth 1 billion euros ($1.05 billion) this year,...

Published 24 Feb, 2025 05:09pm

Middle East

Italy’s Meloni bags UAE investment pledge worth $40 billion

ROME: The United Arab Emirates plans to invest $40 billion in Italy, the two countries said at a bilateral summit in...

Updated 24 Feb, 2025 07:09pm

South Asia

India, UK plan to accelerate talks on proposed trade deal

NEW DELHI: India and the UK have decided to resume talks on a proposed trade agreement, Indian Trade Minister Piyush...

Published 24 Feb, 2025 05:02pm

Europe

UK urged to help elderly British couple detained by Taliban

LONDON: A British couple in their 70s who ran education programmes in Afghanistan have been detained by the Taliban...

Published 24 Feb, 2025 04:49pm

USA

Some US government workers told to justify their jobs to Musk, others told to ignore him

WASHINGTON: U.S. government workers who have been buffeted by President Donald Trump’s chaotic return to power face...

Published 24 Feb, 2025 04:37pm

Asia

Xi affirms ‘no limits’ partnership with Putin in call on Ukraine war anniversary

BEIJING: China’s President Xi Jinping reaffirmed his “no limits” partnership in a phone call with Russian President...

Published 24 Feb, 2025 04:31pm

Life & Style

Riyadh Air set to begin operations end of 2025

Development will allow for tourism expansion

Published 24 Feb, 2025 04:28pm

Europe

Ukraine, US in ‘final stages’ of agreeing minerals deal, Kyiv says

Ukraine and the United States are in the final stages of negotiating a minerals deal considered central to ending...

Published 24 Feb, 2025 04:24pm

Europe

EU agrees new sanctions on Russia, marks support for Ukraine

BRUSSELS: Europe must support Ukraine more than ever, its foreign policy chief said on Monday, as the bloc agreed to...

Published 24 Feb, 2025 01:58pm

Stocks

Most Gulf markets gain on earnings, corporate announcements

Most major stock markets in the Gulf rose in early trade on Monday, supported by earnings and corporate...

Published 24 Feb, 2025 01:55pm

Europe

Pope Francis, in critical condition, had a ‘good’ night in hospital, Vatican says

VATICAN CITY: Pope Francis, in critical condition battling double pneumonia, had a “good” night in hospital, slept...

Published 24 Feb, 2025 12:43pm

Europe

EU top diplomat says hopes for new German government ‘as fast as possible’

BRUSSELS: EU foreign policy chief Kaja Kallas called Monday for Germany to form a new coalition quickly as the bloc...

Published 24 Feb, 2025 12:32pm

Europe

Russia says it wants a long-term Ukraine peace deal, not a quick U.S.-backed ceasefire

Russia wants a long-term peace deal over Ukraine that tackles what it regards as the root causes of the conflict and...

Published 24 Feb, 2025 11:54am

Europe

Trump hands Russian economy a lifeline after three years of war

LONDON: Russia’s overheating economy is on the cusp of serious cooling, as huge fiscal stimulus, soaring interest...

Published 24 Feb, 2025 11:52am

Asia

Indonesia’s Prabowo officially establishes new sovereign wealth fund

JAKARTA: President Prabowo Subianto on Monday signed a regulation that officially established a new sovereign wealth...

Published 24 Feb, 2025 11:34am

World

Musk’s Starlink races with Chinese rivals to dominate satellite internet

BENGALURU/BEIJING/BRASILIA: Space is about to get more crowded for Elon Musk. The billionaire’s Starlink...

Published 24 Feb, 2025 11:30am

South Asia

Bangladeshi students, who ousted former PM Hasina, set to launch political party

DHAKA: Bangladeshi students, who were at the forefront of last year’s protests that ousted then Prime Minister...

Published 24 Feb, 2025 11:15am

Europe

German election victor Merz plans pivot from US as coalition talks loom

BERLIN: Friedrich Merz, set to become Germany’s next chancellor after his opposition conservatives won the national...

Published 24 Feb, 2025 10:35am

USA

Trump administration eliminating 1,600 USAID jobs in the US

WASHINGTON: President Donald Trump’s administration said on Sunday it was placing all personnel at the foreign...

Published 24 Feb, 2025 08:07am

World

Trump says US wants return on Ukraine aid money

NATIONAL HARBOR, (United States): US President Donald Trump said on Saturday he was trying to get money back for the...