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☆ Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it
▼ + stars: | 2024-09-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

But Moscow doesn't appear ready to acknowledge that it's not in a financial position to cut Europe off from its natural gas exports completely. Russia's oil and gas revenues hit 8.82 trillion rubles, or $94.6 billion, in 2023. That's 24% lower than the 11.6 trillion rubles it recorded in 2022, when revenues jumped due to oil price volatility. In 2021, Russia's oil and gas sales revenue stood at 9 trillion rubles. To be sure, other geopolitical factors could also be playing into Russia's decision to keep natural gas exports moving into Europe.

Persons: —, it's, Sergey Lavrov, Lavrov, It's, There's, Naftogaz Organizations: Service, Sky News Arabia, Russian, Business, West, P, Oxford Institute for Energy Studies, Bloomberg Locations: Moscow, Russia, Europe, United States, Ukraine, Nord, Ukraine's

☆ Putin was joking about election support for Harris, Kremlin says; Zelenskyy hopes to meet with Trump next week
▼ + stars: | 2024-09-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

“President Putin has a good sense of humor. The Ukrainian leader said he also hoped to meet Trump, the Republican presidential candidate. Zelenskyy said in August he wanted to present his plan to Biden, Harris, and Trump. While Trump and Zelenskyy talked over the phone in July, they have not met in person since Trump’s 2017-2021 term. At a critical juncture in the war, Zelenskyy is seeking to strengthen Ukraine with more weapons, and military, economic, and diplomatic support from the U.S., Kyiv’s key ally.

Persons: Vladimir Putin, Kamala Harris, Sergei Lavrov, Putin, Harris, Donald Trump, ” Lavrov, “, Volodymyr Zelenskyy, Zelenskyy, Joe Biden, ” Zelenskyy, Biden, ’ Organizations: Democratic, Sky News Arabia, Republican, Russia, . Security, General Assembly, Trump Locations: Moscow, November’s, Russia, United States, Ukraine, U.S, Washington, Russian, Russia’s Kursk, Zelenskyy

☆ Hezbollah pager attacks are a harbinger of a darker, more dangerous age of individualized strikes, military expert says
▼ + stars: | 2024-09-18 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewThe simultaneous detonation of thousands of pagers in Lebanon on Tuesday is a harbinger of a darker and more dangerous age of individualized attacks, according to a retired general and warfare strategist. The pagers were ordered by Hezbollah and were tampered with before they reached Lebanon, some of the officials said. "This is yet another demonstration that individuals are increasingly vulnerable to highly precise and personalized attacks," he said. Related storiesRyan cited the use of armed first-person-view drones on the battlefields in Ukraine and Russia, which he said showed the use of lethal personalized attacks had escalated in the past two years. He said the pager attack on Hezbollah "opens a dangerous Pandora's box" and makes almost everyone a "walking ticking bomb."

Persons: —, Israel, Washington, pagers, Mick Ryan, Ryan, Yousef Munayyer, Munayyer Organizations: Service, Wireless, Business, US State Department, New York Times, Sky News, US Air Force, Arab Center Washington DC Locations: pagers, Lebanon, Iran, Australian, Ukraine, Russia, Vietnam

☆ Syria’s drug problem casts shadow over Assad’s rehabilitation
▼ + stars: | 2023-09-29 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

Jordan was one of the biggest proponents of its rehabilitation, being one of the main victims of Syria’s drug trade, but it feels now that the regime is either unwilling or unable to clamp down on the trade. He blamed the lack of progress on normalization with Arab nations on the incompetence of Arab politics. Gulf states and Jordan routinely report drug busts, with massive amounts of the drug found in everything from building panels to baklava shipments. Assad may not have found a powerful enough incentive to give up his lucrative drug trade. Arab states may now find themselves backed into a corner.

Persons: Bashar al, Assad, Ayman al, Assad’s, Jordan, “ Jordan, “ Bashar, al, Jordan …, disgruntlement, Hossam Zaki, “, ” Zaki, Emile Hokayem, it’s, ” Hokayem, isn’t, ”, he’d, ” Hellyer, Safadi Organizations: CNN, Jordanian, Arab League, Al, Awsat, International Institute for Strategic Studies, Sky News, Hellyer, Carnegie Endowment, International, United Arab Locations: Syrian, Syria, Jordan, Captagon, Saudi, Damascus, London, United Arab Emirates

☆ 20,000 people feared dead in Libyan city destroyed by floods
▼ + stars: | 2023-09-14 | by ( Patrick Smith | ) www.cnbc.com time to read: +5 min

"The situation is very large and surprising for the city of Derna. A view shows a damaged car, following a powerful storm and heavy rainfall hitting the country, in Derna, Libya September 13, 2023. A government official estimated Wednesday that 25% of the city was completely destroyed or washed away. People look at the dead bodies outside the hospital, after a powerful storm and heavy rainfall hit Libya, in Derna, Libya September 12, 2023. A view of devastation in disaster zones after the floods caused by the Storm Daniel ravaged the region, on September 11, 2023, in Derna, Libya.

Persons: Hassan El Salheen, Aly, Storm Daniel, Mohamed Abd El Ghany, Daniel, Abdel Moneim Al, Ghaithi, Esam Omran, Hunter Biden, Elie Abouaoun, Reuters Othman Abduljaleel Organizations: Reuters, Sky News Arabia, fetori, United Nations, World Meteorological Organization, AFP, WMO, NBC, FBI, Social Security, International Rescue, International Organization for Migration, United Arab, Fetori, Tripoli Public Services Company, Libyan News Agency, Storm, Anadolu Agency, Getty Locations: Libya, Al Sharief, Bani Swief, Egypt, Derna, Geneva, Tunisia, United Arab Emirates, Turkey, Tripoli, Derna's

☆ Syrians rally in south against Assad, economic decline
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

shouted a large crowd in the southern Druze city of Sweida. Home province of most of Syria's Druze community, Sweida remained in government hands throughout the war and was largely spared the violence seen elsewhere. Open criticism of the government remained rare in the areas it controls but as the economic situation grew worse, the discontent has gone public. Some Druze sheikhs have criticized protesters' calls for Assad to step down and say that any improvement to the socioeconomic situation must come through dialogue. They carried the three-star flag emblematic of Syria's uprising, as well as signs criticising the role of Iran, a key Assad ally.

Persons: Bashar al, Assad, Bashar, Sweida, Maya Gebeily, Nick Macfie Organizations: Sky News Arabia, REUTERS, Rights, Ba'ath, Thomson Locations: Damascus, Syria, Syrian, Rights BEIRUT, Sweida, Home, Daraa, Iran, Tartus

☆ Rare protests flare in regime-held Syria as Assad seeks international rehabilitation
▼ + stars: | 2023-08-30 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +8 min

The protests, which are taking place in areas governed by President Bashar al-Assad’s regime, have so far shown no signs of abating. The Druze are Syria’s third largest religious minority making up 3% to 4% of the country’s population, according to Minority Rights Group International. While the largest protests are clustered around al-Sir Square in Suwayda city, other, smaller ones are scattered across the governorate, Marouf said. “If protests spread deeper into regime territories, those chances (of violent crackdown) will surge.”All eyes are on Assad’s next moves. If Assad attends, it would be his first appearance on the world stage since the start of the civil war in 2011.

Persons: Bashar al, disgruntlement, Assad, haven’t, ”, Charles Lister, ” Lister, “ Long, ” Rayan Marouf, Marouf, “, ” Marouf, Hafez, Syria’s, Geir Pedersen, Pedersen Organizations: CNN, Group, Middle East Institute, UN, Arab League, Sir, UN Security Council, Sky News, ISIS, Security, United, United Arab Emirates Locations: Syria’s, Syria, Washington , DC, Russia, Iran, Suwayda governorate, Suwayda, Jaramana, Damascus, “, Idlib, Aleppo, United Arab, Dubai

☆ Media and entertainment companies are finding more investment from the Middle East, but it can come with controversy. Here are 11 of the most notable deals.
▼ + stars: | 2023-08-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

Insider broke down 11 top media companies with Middle Eastern backing or partnerships. Middle Eastern investment has poured into US media and entertainment, and US media companies have been eager recipients. Here's a rundown of 11 key Western media and entertainment companies, listed alphabetically, that have licensing and investment partnerships with Middle Eastern entities. Jimmy Finkelstein's news startup The Messenger has Middle Eastern funding via its acquisition of IMI-backed startup Grid, which is now shuttered. The North Road, Peter Chernin and Providence Equity's production roll-up, took a $150 million investment in January from the Qatar Investment Authority, Qatar's main investment vehicle, to support its expansion.

Persons: Peter Chernin, Jeff Zucker, Uber, Jamal Khashoggi's, Saudi Crown Prince Mohammed bin Salman, —, hasn't, Mohammed bin Salman, SRMG, Abu, Abu Dhabi's, Jimmy Finkelstein's, BeIn, Stone, Ian Orefice, WBD Organizations: Providence, North, IMI, ex, CNN, Public Investment Fund, Blackstone, Washington Post, Saudi Crown, Saudi, Guardian, Media, Bloomberg Media, Saudi Research, Media Group, Media Investments, CNN Business, Abu Dhabi Media Investment Corporation, Sky News Arabia, Business, Independent, SRMG, Miramax, BeIn, Paramount, Qatar Investment Authority, Penske Media Corporation, Billboard, Variety, Penske, Vox Media, New York, Billboard Arabia, RedBird Capital, Mideast, MBC Group, MBC, Fortress Investment Group, Investment, Warner Bros Locations: Saudi Arabia, Qatar, UAE, West, Saudi, Abu Dhabi, ViacomCBS, SRMG

☆ Middle Eastern investors are pouring money into US media, sports, and entertainment — here are the 9 most active players and their key leaders
▼ + stars: | 2023-06-05 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +10 min

Investors in Saudi Arabia, Qatar, and United Arab Emirates are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

Persons: Jamal Khashoggi's, Saudi Crown Prince Mohammed bin Salman, —, WME, Jimmy Finkelstein's, Abu Dhabi's, It's, Yasir Al, Rumayyan, Waleed bin Ibrahim Al Ibrahim, Sam Barnett, Peter Smith —, Christina Wayne, SRMG, Mohammed bin Salman, Alrashid, Johnny Depp, Jeanne du Barry, Sharon Stone, Bruno Mars, Luca Guadanigno, Vince McMahon's, Turki Al, Mohammed bin Abdulrahman bin Dayel, Mansoor bin Ebrahim Al, Mahmoud, Peter Chernin, Nasser Al, Germain, BeIN, Sheikha Al Mayassa bint Hamad, Khalifa Al, Vincent, Asghar Farhadi's Oscar, Nart Bouran, JAF, Jeff Zucker, Graydon Carter's, it's, Semafor, Sheikh Mansour bin Zayed Al Nahyan, Sheikh Mansour, Sultan Ahmed Al Jaber Organizations: United, Sovereign, Saudi, Washington Post, Saudi Crown, Endeavor, UFC, IMI, Abu Dhabi Media Investment Corporation, Public Investment Fund, Saudi Aramco, Newcastle United, English football, PGA, MBC, Shahid, Netflix, Vice Media, Variety, MBC Group's, Antenna Group, Cineflex Studios, NBCUniversal International, Amazon, AMC, Saudi Research, Media, Publicly, Red Sea, Cannes, Penske Media Corporation, Bloomberg Media, Vince McMahon's WWE, country's General Entertainment Authority, Development, Cultural Development Fund, George Washington University, American University . Qatar Qatar Investment, Qatar Investment Authority, Providence, BeIN Media, Paris Saint, Miramax, Paramount, Doha Film, Doha Film Institute, H.E, Hollywood Reporter, United Arab Emirates Abu, Investment Authority, UAE, Abu, Abu Dhabi Investment Authority, Hollywood, Dubai Studio, Dubai Media City, National Geographic, BBC News, International Media Investments International Media Investments, National, CNN, Sky News Arabia, Reuters, JAF Communications, Grid, RedBird Capital Partners, Punchbowl News, New York Times, Manchester City, The, Abu Dhabi National Oil Company Locations: Saudi Arabia, Qatar, United Arab Emirates, UAE, Saudi, East, North Africa, Al Arabiya, Netherlands, Greece, Dubai, Jeddah, SRMG, Riyadh, Doha, Europe, Americas, ViacomCBS, Qatari, Thani, Abu Dhabi

The Sudanese Doctors' Union earlier reported at least 25 people were killed and 183 wounded in battles that erupted on Saturday between the military and the RSF. The army told soldiers seconded to the RSF to report to nearby army units, which could deplete RSF ranks if they obey. The military and RSF, which analysts say is 100,000 strong, have been competing for power as political factions negotiate forming a transitional government after a 2021 military coup. The RSF shared a video that it said showed Egyptian troops who "surrendered" to them in Merowe. Clashes also erupted between the RSF and army in the Darfur cities of El Fasher and Nyala, eyewitnesses said.

☆ Sudan's RSF says it's ready to cooperate over Egyptian troops
▼ + stars: | 2023-04-15 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mohamed Nureldin AbdallahCAIRO, April 15 (Reuters) - The head of Sudan's paramilitary Rapid Support Forces (RSF) said on Saturday that his forces were ready to cooperate with Egypt to ease the return of Egyptian troops who had handed themselves over to the group in the northern Sudanese town of Merowe. Two Egyptian security sources said Egyptian officials were able to make contact with the leader of the Egyptian unit to confirm they were safe. The video showed a number of men dressed in army fatigues crouched on the ground and speaking to members of the RSF, Sudan's main paramilitary group, in an Egyptian Arabic dialect. A mobilisation of RSF forces towards Merowe's military airport on Wednesday prompted an army statement a day later that described recent RSF moves as illegal, bringing long-bubbling disagreements to the surface. It strongly supports Sudan's army and has recently promoted negotiations with pro-army political parties, in parallel to a plan for a transition towards elections backed by Hemedti.

☆ Saudi money is flowing to US media and entertainment, from Live Nation to LIV Golf, 5 years after Jamal Khashoggi's murder: 'The ice has thawed'
▼ + stars: | 2023-04-03 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +20 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Insider identified some key people connecting Middle East investors with American companies. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Vince McMahon's WWE has a long-term partnership with the Kingdom of Saudi Arabia, with a major live WWE event there slated for May. Vince McMahon's WWE was one of the first US companies to create unique events in Saudi Arabia.

☆ 9 Middle Eastern funds and investors pouring money into US media, sports, and entertainment
▼ + stars: | 2023-04-03 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +9 min

Governments and investors in the Middle East are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

☆ Saudi money is pouring into Hollywood and media, 5 years after the murder of Jamal Khashoggi. Here's who's cashing in and how.
▼ + stars: | 2023-03-15 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +13 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Even those media players that are comfortable with invetment from the Middle East may not find funds flowing, one Hollywood veteran said. A major live WWE event in Saudi Arabia is slated for May. Of the growing ties between US entertainment and media and Middle East investors, this person added, "Presumably media organizations got into this to help society make better decisions."

☆ Davos 2023: China to boost oil demand by up to 500,000 bpd, OPEC tells Sky News Arabia
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: 1 min

DAVOS, Jan 17 (Reuters) - Chinese appetite for oil is expected to raise demand by 500,000 barrels per day after the country curbed its COVID-19 restrictions, OPEC Secretary General Haitham al-Ghais told Abu Dhabi-based Sky News Arabia from Davos on Tuesday. Demand from India and China could compensate for shrinkage expected from developed countries, he added. Separately, Al-Ghais said it is still early to assess the impact of sanctions on Russian oil supply. Reporting by Nadine Awadalla and Yomna Ehab Editing by Clauda Tanios Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

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