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☆ BP and UAE suspend $2 billion gas deal in Israel as Gaza war drags on
▼ + stars: | 2024-03-13 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —BP and an oil company owned by the United Arab Emirates have shelved talks to buy a 50% stake in Israel’s leading natural gas producer, judging the $2 billion deal too risky as the war in Gaza rages. “There can be no certainty that discussions will resume or that an agreement will be reached in the future, nor as to the terms of an agreement should one be reached,” NewMed Energy said. But the war has strained those ties, and the UAE has repeatedly called for an “immediate ceasefire” in Gaza. Separately, BP was one of six companies awarded licenses by Israel’s energy ministry in October to explore for natural gas off the country’s Mediterranean cost. Last month, they announced a joint venture to develop natural gas assets in Egypt.

Persons: Abu, Adnoc, NewMed Energy’s, Delek Organizations: London CNN, BP, United Arab Emirates, Energy, Starbucks, McDonald’s, KFC, NewMed Energy, Reuters, NewMed, Chevron Locations: Gaza, Tel Aviv, Israel, UAE, Egypt

☆ 'Porous' sanctions haven't stopped Russia's war, but there's still more the West can do to squeeze its economy
▼ + stars: | 2024-03-10 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +5 min

According to Peach, sanctions haven't halted money from non-Western countries flowing to Russia. Even G7's bid to curb export income through a $60 per barrel cap on the price of oil hasn't really hobbled Moscow's oil trade. The West has reduced imports of Russian energy significantly but Russia has largely re-routed oil exports to Asia." Peach wrote that the West could squeeze Russian energy more by slapping secondary sanctions on third-party purchases of oil and gas from the country. AdvertisementBut it's unlikely for the West to take this path, he added, given Russia's energy dominance and the risk of sparking volatility that could end up antagonizing partners like India.

Persons: —, Vladimir Putin, Owen Matthews ,, Putin, Liam Peach, Peach, Matthews, Russia mobilizes Organizations: Service, Business, Capital Economics, Export, Central Bank of Russia, Russia, China Goods Trade, SA Locations: Ukraine, Moscow, Russia, Nord, Turkey, UAE, Asia, Europe, Russian, China, Dubai, American, India

☆ Aid ship for Gaza expected to depart Cyprus this weekend
▼ + stars: | 2024-03-09 | by ( ) www.cnbc.com time to read: +2 min

A ship laden with relief supplies for Gaza was preparing to depart Cyprus on Saturday as part of efforts to aid a population on the brink of famine. Separately, the United States has said it plans to build a temporary jetty to bring aid into Gaza, which has no port infrastructure. A sea corridor from Cyprus will supplement attempts to boost aid supplies, which have included airdrops of food. The charity WCK has partnered with Spain's Proactiva Open Arms and is sourcing the food. Larnaca port was used by pro-Palestinian activists, who used small sail boats to get into Gaza harbour in 2008.

Persons: Spain's, WCK Organizations: Central Command, Royal Jordanian Air Force, European, Reuters, UAE . Aid, Hamas Locations: Northern Gaza, Gaza, Cyprus, UAE, Spanish, Larnaca, United States, Israel, U.S

☆ Dating apps confused by military GPS jamming could explain why Lebanon's citizens are suddenly being matched with Israelis
▼ + stars: | 2024-03-09 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Dating apps matching Israeli citizens with people in Lebanon are likely due to GPS signal jamming. Lebanese citizens are barred from having any type of contact with Israelis. Tensions were high between the countries even before the latest conflict, and Lebanese citizens have been barred from having any contact with Israelis for years. AdvertisementA Lebanese dating app user said the Israeli profiles were 'gorgeous'A match is not always what it seems. AdvertisementAnother Lebanese dating app user, Omar, said that while he has previously seen the occasional Israeli profile, the volume has recently increased.

Persons: —, ., Abed Al Kataya, Maher, Israel, Hassan Nasrallah, I've, Omar Organizations: Service, Hezbollah, GPS, Lebanese, . People, Facebook Locations: Lebanon, Israel, UAE, Lebanese, Beirut, Tinder

☆ Gaza aid corridor from Cyprus could start this weekend, says EU president
▼ + stars: | 2024-03-08 | by ( ) www.cnbc.com time to read: +3 min

The European officials and Canada's Prime Minister are visiting the capital Kyiv on the second anniversary of the start of the Russian full-scale invasion in Ukraine. (Photo by STR/NurPhoto via Getty Images)A sea corridor to take desperately needed aid from Cyprus to besieged Palestinians in Gaza could start this weekend, the European Union said on Friday. U.S. President Joe Biden said on Thursday that a temporary port would be built in Gaza to facilitate a flow of aid by sea, initially from Cyprus. "The maritime corridor can make a real difference ... but, in parallel, our efforts to provide assistance to Palestinians through all possible routes of course will continue," Von der Leyen said. Cyprus tested an on-island screening mechanism in January, when British and Cypriot aid for Gaza was dispatched to Egypt.

Persons: Ursula von der, Belgium Alexander De Croo, Giorgia Meloni, Canada Justin Trudeau, Ukraine Volodymyr Zelensky, Joe Biden, Ursula von der Leyen, Nikos Christodoulides, Von der Leyen, Sheikh Mohammed bin Zayed Al Nahyan, Christodoulides Organizations: Canada's, Getty, European Union, Cypriot, United, United Arab Emirates, United Nations, EU Locations: Belgium, Italian, Canada, Ukraine, Kyiv, Russian, Cyprus, Gaza, Cypriot, Larnaca, United Arab, Palestinian, EU, UAE, United States, Christodoulides, Egypt

☆ UN Security Council Considering Call for Ramadan Truce in Sudan
▼ + stars: | 2024-03-06 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

By Michelle NicholsUNITED NATIONS (Reuters) - The United Nations Security Council is considering calling for an immediate cessation of hostilities ahead of Ramadan in the nearly year-long war between the Sudanese army and paramilitary Rapid Support Forces, diplomats said. The 15-member council is negotiating a British-drafted resolution that diplomats said could be put to a vote on Friday. Since war erupted on April 15, 2023, the council has only issued three press statements condemning the violence and expressing concern. The draft U.N. Security Council resolution urges all countries "to refrain from external interference which seeks to foment conflict and instability and instead to support efforts for a durable peace." A Security Council resolution needs at least nine votes in favor and no vetoes by the United States, Russia, Britain, China or France to be adopted.

Persons: Michelle Nichols UNITED, Ramadan, Linda Thomas, Greenfield, Michelle Nichols, Daniel Wallis Organizations: Michelle Nichols UNITED NATIONS, Reuters, United Nations Security, Rapid Support Forces, The, U.S, United Arab Emirates, Security Locations: British, The United States, Sudan's West Darfur, UAE, United States, Russia, Britain, China, France

☆ The UAE is a global leader in diamond trading. Now, it wants to grow them, too
▼ + stars: | 2024-03-06 | by ( Ana De Oliva | ) edition.cnn.com time to read: +7 min

The United Arab Emirates (UAE) is a global leader in diamond imports and exports, but it does not have any diamond mines. In 2022, he co-founded Dubai-based 2DOT4 Diamonds, becoming the first to produce, cut, and polish lab-grown diamonds in the UAE. “The mined diamond, you don’t control it, the Earth is doing it.”To grow a diamond, you start with a diamond, either lab-grown or mined, explains Sabeg. Last year, the country underwent a tax reform in the sector and pledged extra funding to further expand its man-made diamond industry. “Sixty years ago, if you tell someone this is a synthetic or a lab-grown diamond, they won’t even look at it,” he adds.

Persons: CNN —, Mohamed Sabeg, ”, ” Mohamed Sabeg, Paul Devitt, It’s, Everest —, CNN “, Paul Zimnisky, Ahmed Bin Sulayem, Bin Sulayem, “, Zimnisky Organizations: CNN, International Gem Society, United Arab Emirates, Dubai Multi Commodities Center, HRA Locations: Russia, South Africa, UAE, Dubai, 2DOT4, US, China, India, CNN India, Emirate

☆ Here are the most powerful passports for 2024 — Switzerland tops the list
▼ + stars: | 2024-03-06 | by ( Monica Pitrelli | Marylou Costa | ) www.cnbc.com time to read: +2 min

The 2024 Nomad Passport Index states: "Citizens of different countries deal with very different requirements to pay tax, live freely, comply with regulations, and avoid scrutiny when traveling. In that regard, the number of countries a passport holder may visit does not tell the whole story." A slight corporate tax adjustment in Ireland was more than offset by its top scores for travel and global perception, according to Nomad Capitalist's research team. The drop was caused by a change in UAE tax policy that affected domestic and overseas company owners, including residents with foreign company ownership, it said. Many people are curious to know how their passports compare to their global peers, but that's not why Nomad Capitalist produces the annual ranking, it said.

Persons: Hong Kong, Andrew Henderson Organizations: Nomad, Ireland, United, United Arab Emirates, The UAE, Macao Locations: Ireland, Portugal, Finland, United Arab, Netherlands, Germany, New Zealand, Bulgaria, Hong, China

☆ Dubai’s bar scene is being redefined by artisanal champagnes
▼ + stars: | 2024-03-05 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +12 min

While the city has over 13,000 restaurants, its bar scene has largely been confined to Michelin fine dining, nightclubs, and boozy brunches. Look through the gallery and see the region's other top restaurants, as selected by 50 Best list group. The 50 Best has unveiled its 2024 list of the best restaurants in the Middle East and North Africa (MENA). Al Muntaha, which was recognized by Star Wine List as having the best sparkling wine list in the UAE earlier this year, has 166 labels on its champagne list, including around 60 recently added grower champagnes, says Lacroix. Tina HillierAnd the culture around drinking is largely focused on dining or special occasions, with little in between, says Krister Bengtsson, founder of Star Wine List.

Persons: Lana —, Nicolas Caupain, ”, boozy, Caupain, Raz Rahav, Tala Bashmi, Em Sherif, Yasmina Hayek, Fawzi Al Mulki, 3Fils, Khufu's, Solemann Haddad, Moonrise, Gregoire Berger, Berger, Himanshu Saini, Pol Roger, Queen Elizabeth II, Winston Churchill, champagnes, Larmandier Bernier, Ulysse Collin, Samuel Lacroix, Al Muntaha, Lacroix, “, Josette, Veuve Clicquot, Dom Pérignon, Millau, Lana, Tina Hillier, Krister Bengtsson, it’s, Bengtsson, ” Bengtsson, Jean Imbert, — Organizations: CNN, High Society, United Arab, Michelin, Middle, Gulf, Jordanian, Trèsind, Burj, Star Wine, Arabian, BOCA, Michelin Star, Wine, UAE Locations: Dorchester, Dubai, Emirate, Islam, United Arab Emirates, UAE, East, North Africa, Tel Aviv, Tala, Manama's, Bahrain, Beirut, Giza, Cairo, Ossiano, Atlantis, BOBY, Africa, Emirates, Swedish, Dubai’s, Paris, London , New York, French

☆ Analyst discusses the UAE's first IPO of 2024
▼ + stars: | 2024-03-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst discusses the UAE's first IPO of 2024Jaap Meijer, head of research at Arqaam Capital, discusses the initial public offering of Parkin — a public parking operator — the United Arab Emirates' first for 2024.

Persons: Jaap Meijer, Parkin Organizations: Arqaam, United Arab Emirates

☆ France's Rafale fighter jet is so popular its manufacturer can't keep up
▼ + stars: | 2024-03-04 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

France's Dassault Aviation may not be able to meet demand for its Rafale fighter jet. AdvertisementFrance's Rafale fighter has become so popular that the manufacturer may not be able to meet demand, according to a British think tank. Advertisement"The French aircraft maker aimed to produce 15 Rafales last year but only completed 13," IISS said. AdvertisementA French Dassault Rafale M fighter jet launches from the French aircraft carrier Charles De Gaulle during interoperability exercises with the aircraft carrier USS Dwight D. Eisenhower, March 3, 2020. This helps explain why the Rafale has become popular with India and several Middle Eastern nations.

Persons: —, IISS, Lockheed Martin, Richard Aboulafia, Charles De Gaulle, Dwight D, Eisenhower, Michael Peck Organizations: Dassault Aviation, Rafale, Service, International Institute for Strategic Studies, French Air Force, Navy, Defense News, Dassault, UAE, French, Lockheed, Dassault Rafale, US Navy, Kaleb, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: India, British, Ukraine, Egypt, Greece, Qatar, Croatia, UAE, Indonesia, Mica, France, , Michigan, Russia, Forbes

☆ Biden announces US airdrops of humanitarian assistance into Gaza
▼ + stars: | 2024-03-01 | by ( Kevin Liptak | Jennifer Hansler | ) edition.cnn.com time to read: +3 min

CNN —The United States will begin air dropping food aid to the people of Gaza, President Joe Biden announced Friday, as the humanitarian crisis deepens and Israel continues to resist opening additional land crossings to allow more assistance into the war-torn strip. Speaking in the Oval Office, Biden said the US would be “pulling out every stop” to get additional aid into Gaza, which has been under heavy bombardment by Israel since the October 7 Hamas terror attacks. Biden said aid was not flowing into Gaza quickly enough, and said he was working to broker an immediate ceasefire deal that would allow additional aid in. Palestinians run along a street as humanitarian aid from Jordan is airdropped in Gaza City on March 1, amid the ongoing conflict between Israel and the Hamas militant group. AFP/Getty ImagesSenior US officials have repeatedly pressed Israeli officials in face-to-face meetings on the urgent need to open additional crossings.

Persons: Joe Biden, Biden, Netanyahu, Matt Miller, ” Miller, ”, Samantha Power, Benjamin Netanyahu, Yoav Gallant, CNN’s Oren Liebermann Organizations: CNN, Office, AFP, Getty, Israeli Locations: United States, Gaza, Israel, ”, Jordan, Egypt, UAE, Qatar, France, airdropped, Gaza City

☆ Dubai jet suit race: Real-life ‘superheroes’ take to the sky in inaugural event
▼ + stars: | 2024-03-01 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

Against a backdrop of skyscrapers and super yachts, the airborne athletes competed in the inaugural Jet Suit Race Series, an event organized by the Dubai Sports Council and Gravity Industries, the manufacturers of the jet suit. Browning compares the 1,700-horsepower jet suit to “the power of a Bugatti Veyron” sports car in a 30-kilogram (66-pound) backpack. The jet suit uses aviation fuel or diesel, and can go at speeds of up to 136 kilometers per hour (85 miles per hour), Browning’s own record. In 2020, there was a fatal jetpack accident in Dubai, though it was not a Gravity suit.) Test pilots take off in Gravity Industries jet suits ahead of the inaugural race, in Dubai in February 2024.

Persons: Superlatives ”, ”, Richard Browning, “, Browning, Toby Patterson ‘, Browning’s, Toby Patterson “, Issa Kalfon, Paul Jones, Freddie Hay, Kaflon, Ahmed Al Shehhi, Al Shehhi, he’s, it’s Organizations: CNN, Dubai Sports Council, Gravity Industries, CAA, FAA, Royal Marines, Great North Air Ambulance Service, Industries, British Royal Navy, Commando Royal Marines, JetPack Aviation Locations: Dubai, “ City, Superlatives, UAE, Lake District, California

☆ Dubai wants to build the biggest airport in the world. Here’s how that’s going
▼ + stars: | 2024-02-29 | by ( Miquel Ros | ) edition.cnn.com time to read: +9 min

To put that in perspective, that’s nearly 63 million more travelers than the world’s current busiest airport, Hartsfield–Jackson Atlanta International, handled in 2022 and nearly 100 million more than Dubai International. philipus/Alamy Stock PhotoThe recent Dubai Air Show, held at a purpose-built venue at Al Maktoum International Airport in 2023, offered some intriguing hints about what’s ahead for DWC – and some insights into Dubai Airports’ long-term strategy. “We have prioritized expansion and investments at DXB to meet our customers’ requirements and plans,” Paul Griffiths, Dubai Airports CEO, tells CNN. Changing the business modelNew artist renderings haven't been released in a decade, but Dubai Airports CEO Paul Griffiths says the team will soon be working on ambitious new designs. It will have capacity for 185 million passengers per year, or almost seven times the number it handled in 2022.

Persons: Al Maktoum, it‘ll, that’s, Hartsfield –, let’s, DWC, ’ Al Maktoum, DWC –, ” Paul Griffiths, ”, Griffiths, ” Griffiths, “, haven't, Paul Griffiths, “ We’re, Mohammed bin Rashid, Nadine Itani, Abu Dhabi’s, Foster Organizations: CNN, Al, Al Maktoum International Airport, Dubai World, Dubai Airports, Dubai International, Al Maktoum International, Hartsfield, Hartsfield – Jackson Atlanta International, Emirates Cargo, UAE, ‘, ’ Al Maktoum International, Dubai Air, Dubai, AFP, Traveller, Emirates, University of Surrey, Hamad International Airport, Kuwait International, Partners, Sharjah International Airport, Air, Riyadh Air Locations: Budapest, Al Maktoum, Dubai, Dubai’s, Eastern Europe, Russia, Central Asia, Emirates, England, India, Middle, Europe, Qatar, Muscat , Oman, Bahrain, Gulf, Kuwait, British, Sharjah, Saudi Arabia, Riyadh, Saudi

☆ The eyes have it: The intriguing history of kohl
▼ + stars: | 2024-02-29 | by ( Zahra Hankir | ) edition.cnn.com time to read: +10 min

A Palestinian woman Hadeya Qudaih applying traditional kohl eyeliner to her granddaughter in Khan Younis in the southern Gaza Strip in March 2020. Hadeya Qudaih makes and sells traditional kohl eyeliner for medical and cosmetic purposes (photograph taken in February 2020). A Bedouin man wearing traditional kohl, photographed in the ancient Jordanian city of Petra. Kohl is so commonly worn in the area that girls are sometimes named or nicknamed Kahla by their parents or friends, roughly meaning “the girl who appears to have kohl around her eyes.” Kohl is also a feature of many millennia-old myths, rituals, and legends. “Even if she doesn’t (make kohl) anymore, I will for sure continue to do this myself,” Abu Issa said.

Persons: CNN — Kohl, kohl, Hadeya, kohl eyeliner, Khan Younis, Majdi, Tamam Farhan Abu Issa, Deir al Balah, “, Abu Issa, ”, ” Abu Issa, Issa, Qudaih, Hassan Jedi, Prophet Muhammad —, Alessandro Bigazzi, Jack Sparrow, eyeliner, Kohl, ” Kohl, Zarqa, TikTok, “ Blinkaria Kohl, tightlining, Eyeliner, Fatima Shbair, “ Kohl, I’ve Organizations: CNN, Crusaders, UNESCO, United, kohl, Quds Net News, ZUMA Press, UAE General Authority of Islamic Affairs, Endowments Locations: East, North Africa, Egypt, Europe, Lebanon, Gaza, Gaza’s, Deir, United Nations, Israel, Saudi Arabia, Jordan, Palestinian, Petra, Raed, Kohl, Eastern, “

☆ Dubai photographer reveals the UAE’s hidden wildlife
▼ + stars: | 2024-02-28 | by ( Arya Jyothi | ) edition.cnn.com time to read: +5 min

CNN —In a country best known for its soaring skyscrapers, modern architecture and sprawling desert, wildlife isn’t always what comes to mind when people think of the United Arab Emirates (UAE). Originally from India, Karingattil moved to Dubai 17 years ago and began photographing wildlife shortly after, specializing in macro photography, using extreme close ups. With the UAE’s president recently extending the country’s “Year of Sustainability” into 2024, Karingattil uses wildlife photography as a method of capturing the country’s biodiversity and sharing it with others. For Karingattil, conservation is an important aspect of wildlife photography, which he believes can serve as a powerful tool for advocacy. “By removing litter and debris, we can reduce the impact of human activities on the natural world.”

Persons: Anish Karingattil, Karingattil, ” Karingattil, “, ”, Herping, Andrew Gardner, Gardner, couldn't, Anish Karingattil Gardner Organizations: CNN, United Arab Emirates, “, Sustainability ”, Accounting, Biodiversity Conservation, Emirates Nature, Biological Diversity, Emirates Locations: UAE, Dubai, India, Emirates, dugongs, Australia

☆ US looking into possible airdrops of aid into Gaza, officials say
▼ + stars: | 2024-02-28 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +1 min

CNN —The United States is looking into possible airdrops of aid into Gaza as the humanitarian crisis there deepens and assistance fails to reach the people in the war-torn strip, two US officials told CNN on Wednesday. One US official said the prospect of airdrops is being seriously considered based on the conditions on the ground. Earlier this week, Jordan, Egypt, the UAE, Qatar and France airdropped relief aid on various areas in the Gaza Strip in a sign of how desperate the situation has become. “We are talking to Israeli officials about the need to open up far more crossings, far more passages into Gaza, so that vitally needed humanitarian assistance can be dramatically surged,” Power said. “This is a matter of life and death.”Power met on Wednesday with Prime Minister Benjamin Netanyahu and Israeli Defense Minister Yoav Gallant, one of the US officials told CNN.

Persons: Axios, Samantha Power, ” Power, Benjamin Netanyahu, Yoav Gallant Organizations: CNN, United Nations, US Agency for International, Israeli Locations: United States, Gaza, Jordan, Egypt, UAE, Qatar, France, Israel

☆ Goldman Sachs and Abu Dhabi's Mubadala ink $1 billion partnership to invest in Asia Pacific
▼ + stars: | 2024-02-26 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

DUBAI, United Arab Emirates — Goldman Sachs and Abu Dhabi sovereign wealth fund Mubadala on Monday signed a $1 billion private credit partnership to co-invest in the Asia-Pacific region, with a particular focus on India, the institutions said in a joint statement. The separately managed account, termed the "Partnership," will be managed by Private Credit at Goldman Sachs Alternatives, with a staff based on the ground in various markets across the region. It will invest the long-term capital in "high quality companies ... across the private credit spectrum" across a number of Asia-Pacific markets. The UAE in October 2023 announced a target to invest $75 billion in India over a period of time, while Saudi Arabia set an investment target in the country of $100 billion. "India, in particular, stands out as a key market with significant opportunities in private credit, and where Goldman Sachs has strong exposure and capabilities," said Fabrizio Bocciardi, Mubadala's head of credit investments, in a press release.

Persons: United Arab Emirates — Goldman Sachs, Goldman Sachs, Fabrizio Bocciardi Organizations: United Arab Emirates, Monday, Private Credit, Goldman Sachs, Abu Dhabi Global Market, United Arab Locations: DUBAI, United Arab, Abu Dhabi, Asia, Pacific, India, United Arab Emirates, UAE, Saudi Arabia

☆ China opposes U.S. sanctions on Chinese companies for Russia-related reasons
▼ + stars: | 2024-02-26 | by ( ) www.cnbc.com time to read: +1 min

China firmly opposes the United States imposing sanctions on Chinese enterprises for Russia-related reasons, the Chinese commerce ministry said on Monday. China firmly opposes the United States imposing sanctions on Chinese enterprises for Russia-related reasons, the Chinese commerce ministry said on Monday. China will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises, the ministry said in a statement on its website. The Biden administration on Friday announced new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India and South Korea for supporting Russia's war effort in Ukraine. The action, one day before the second anniversary of Russia's invasion of Ukraine, essentially bans U.S. shipments to the targeted entities, including eight from China, 63 from Russia, 16 from Turkey and four from the UAE.

Persons: Biden Organizations: United, United Arab Locations: China, United States, Russia, Turkey, United Arab Emirates, Kyrgyzstan, India, South Korea, Ukraine, UAE

☆ Kara Swisher witnessed the tech revolution. Now she wants to burn the industry
▼ + stars: | 2024-02-25 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +14 min

That’s the message in a fascinating new memoir, “Burn Book,” by the tech journalist Kara Swisher, who hosts a multitude of podcasts and is a CNN contributor. I don’t think they read. In the entire time that you’ve been covering tech I don’t think there’s been a single major regulatory law. So it’s a real racket if you really think about it. And I do think there’s a human impulse even though you have this lizard brain that likes to stare at the phone.

Persons: “, Kara Swisher, SWISHER, Will, I’ve, it’s, Steve Jobs, I’m, Don’t, What’s, there’s, they’ve, They’ve, Guess, Mark Zuckerberg, He’s, Joe, Biden, There’s, Sam Altman, Tony Blinken, It’s, that’s, you’re, We’ve Organizations: CNN, Communications, Alaska Airlines, United Arab, State, Facebook, Times Locations: It’s, America, Alaska, United Arab Emirates, UAE, Europe, New York, There’s

☆ Does the UAE need two major air carriers?
▼ + stars: | 2024-02-23 | by ( Dan Murphy | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDoes the UAE need two major air carriers? CNBC's Dan Murphy sits down with Antonoaldo Neves, CEO of Etihad Airways and asks whether the UAE needs both Emirates and Etihad?

Persons: Dan Murphy, Antonoaldo Neves Organizations: Etihad Airways, Emirates, Etihad Locations: UAE

☆ Every country needs its own AI systems, says Nvidia CEO Jensen Huang
▼ + stars: | 2024-02-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Nvidia CEO Jensen Huang says countries should own their own AI systems. Huang said nations should ensure they control both the production of AI and the data produced. AdvertisementNvidia CEO Jensen Huang says every country should have its own AI systems. The Nvidia founder told the World Governments Summit in Dubai this week that countries needed to work toward building "sovereign AI." Huang said countries should ensure they own the production of their intelligence and the data produced.

Persons: Jensen Huang, Huang, —, Omar Al Olama Organizations: Nvidia, Service, World Governments, Business Locations: Dubai

☆ BRICS nations to see highest surge in millionaire count over the next decade — exceed the rise in G7 countries
▼ + stars: | 2024-02-15 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Millionaire count in the BRICS countries — which together hold $45 trillion in investable wealth — is forecast to rise by 85% over the next 10 years, the investment migration consultancy noted in its report published in partnership with global intelligence firm New World Wealth. The 85% forecast for BRICS will be the highest wealth growth of any bloc or region globally. "The 85% forecast for BRICS will be the highest wealth growth of any bloc or region globally," Andrew Amolis, wealth analyst at New World Wealth told CNBC. The UAE followed in third place with a 77% wealth growth. Other members in the BRICS coalition, such as South Africa and Iran, have seen a decline in their millionaire populations since 2013.

Persons: Michel Temer, Vladimir Putin, Xi Jinping, Jacob Zuma, Narendra Modi, Andrew Amolis, Dominic Volek Organizations: India's, United, Henley & Partners, Wealth, CNBC, Amolis, European Union, Henley, Partners, UAE Locations: South, Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, United Arab Emirates, Saudi Arabia, Canada, France, Japan, Italy, U.S, United Kingdom, Southeast Asia, UAE

☆ Elon Musk’s Starlink internet service is coming to a Gaza hospital
▼ + stars: | 2024-02-14 | by ( Mostafa Salem | ) edition.cnn.com time to read: +4 min

Abu Dhabi CNN —Starlink internet service, operated by Elon Musk’s SpaceX, will be provided to the UAE’s field hospital in southern Gaza for patients needing real-time video medical consultations, the UAE’s foreign ministry said on Wednesday. The UAE, which shares good relations with Israel, is one of the few countries operating a field hospital in Gaza. Starlink, operated by SpaceX, uses a network of thousands of satellites to provide broadband, and can deliver high-speed, low-latency internet to users all over the world, including in areas where conventional internet is unavailable. “Israeli security authorities approved the provision of Starlink services at the UAE’s field hospital operating in Rafah,” the Israeli communication ministry said in a statement on Wednesday. CNN was the first western media outlet allowed to visit the field hospital in Rafah in December.

Persons: Elon Musk’s, Afra Al Hameli, Musk, Shlomo Karhi, ” Karhi Organizations: Abu Dhabi CNN —, Elon, Elon Musk’s SpaceX, Communication, SpaceX, “, Ukraine’s Defense Intelligence, Russian, CNN Locations: Abu Dhabi, Gaza, Rafah, UAE, Israel, Starlink, Ukraine, Russia

☆ India’s Modi to inaugurate Abu Dhabi’s first Hindu temple
▼ + stars: | 2024-02-14 | by ( Rhea Mogul | ) edition.cnn.com time to read: +6 min

CNN —India’s Prime Minister Narendra Modi is in the United Arab Emirates to inaugurate a Hindu stone temple, boosting his credentials as a global statesman months before he heads to the polls in a nationwide election where he is seeking a rare third term in power. Indian Prime Minister Narendra Modi with President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan in Ahmedabad state of Gujarat, India on January 9, 2024. Yet, analysts expect this will not present an issue for Modi during his visit, given India’s rising prominence, its growing economy and strategic position on the global stage. In 2015, the UAE government allocated land for the development of the temple, in a major win for the diaspora. President Joe Biden visits Raj Ghat memorial with Prime Minister of India Narendra Modi and other G20 leaders, Sept. 10, 2023, in New Delhi.

Persons: CNN —, Narendra Modi, Modi, Sheikh Mohamed bin Zayed Al Nahyan, United Arab Emirates Sheikh Mohamed bin Zayed Al, ”, Asim Ali, ” Ali, “, Ram, Nicolas Blarel, Blarel, Swaminarayan, ” Blarel, Kadira Pethiyagoda, that’s, Joe Biden, Raj, India Narendra Modi, Kenny Hoston, Mukesh Ambani, Gautam Adani, Powers, ” Pethiyagoda Organizations: CNN, CNN — India’s, United, United Arab Emirates, Emirates, Guard, Indian, PIB, Getty, Bharatiya Janata, International Relations, Institute of Political Science, Leiden University, BJP, Brookings, Reuters Locations: United Arab, Abu, United Arab Emirates, United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan, Ahmedabad, Gujarat, India, Anadolu, UAE, New Delhi, Abu Dhabi, The Netherlands, South Asia, Indian, “ India, Saudi Arabia, East, Europe, “, China, Russia, Ayodhya, India’s

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