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☆ Top Boeing exec says 2023 will be the 'year of widebody orders' with more deals to come
▼ + stars: | 2023-11-13 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

A Boeing 777x is displayed during the International Paris Air Show at the ParisLe Bourget Airport, on June 20, 2023. Boeing Commercial Airplanes CEO Stan Deal says 2023 has been a year of orders for widebody aircraft with the U.S. manufacturer expecting to announce more deals at this week's Dubai Airshow. His comments come after reports that Boeing and Emirates are close to agreeing a major order of 777 jets, adding to the Emirati flag carrier's existing order backlog of 155 777X aircraft from Boeing. "We've seen strong recovery in the narrow-body ordering in 2022 and now in 2023 it seems to be the year of widebody orders, and I suspect as you see this show unfold, you're going to see many more widebody orders for the industry," Deal, who is also the executive vice president of Boeing, told CNBC's Dan Murphy. Earlier this year, Saudi Arabian flag carrier Saudia and the newly-established Riyadh Air each logged orders for 39 of Boeing's 787 Dreamliner jets, and Deal believes demand from the Gulf will continue to grow rapidly.

Persons: Stan Deal, We've, CNBC's Dan Murphy Organizations: Boeing, International Paris Air, Boeing Commercial, Emirates, Riyadh Air, Deal Locations: ParisLe, U.S, Dubai, Saudi Arabian, Riyadh

☆ China, Pakistan navies hold drills days after Russia's historic Andaman exercise
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

At a naval base in Karachi on Saturday, the Chinese and Pakistani navies kicked off the exercise in the waters and airspace of the northern Arabian Sea in drills that include anti-submarine operations. The exercise will end on Nov. 17. During the exercise, China and Pakistan will conduct joint maritime patrols for the first time, the People's Liberation Army Daily reported on Monday. New Delhi has carefully preserved its longstanding relations with Russia, including cooperation in defence, even as its ties with Washington have grown steadily stronger. China was also not mentioned in the joint statement, even though an Indian government official said ahead of the talks that China would be one of the "key focus points".

Persons: Admiral Tributs, Admiral Panteleyev, Antony Blinken, Lloyd Austin, Joe Biden, Xi Jinping, Ryan Woo, Lidia Kelly, Gerry Doyle Organizations: Russian Pacific Fleet, United, People's Liberation Army, Indian, Thomson Locations: BEIJING, Myanmar, India, United States, Karachi, China, Pakistan, Moscow, Russian, United, Russia, U.S, New Delhi, Ukraine, . New Delhi, Washington, San Francisco, Beijing, Melbourne

☆ China, Pakistan Navies Hold Drills Days After Russia's Historic Andaman Exercise
▼ + stars: | 2023-11-12 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

Persons: Admiral Tributs, Admiral Panteleyev, Antony Blinken, Lloyd Austin, Joe Biden, Xi Jinping, Ryan Woo, Lidia Kelly, Gerry Doyle Organizations: Russian Pacific Fleet, United, People's Liberation Army, Indian, Beijing Locations: BEIJING, Myanmar, India, United States, Karachi, China, Pakistan, Moscow, Russian, United, Russia, U.S, New Delhi, Ukraine, . New Delhi, Washington, San Francisco, Melbourne

☆ U.S. Carries Out Another Round of Airstrikes on Iran-Linked Targets
▼ + stars: | 2023-11-12 | by ( Eric Schmitt | More About Eric Schmitt | ) www.nytimes.com time to read: +3 min

The strikes came just four days after American warplanes hit a munitions warehouse in eastern Syria. Pentagon and other Biden administration officials rejected that criticism on Sunday, saying that the American airstrikes have been in self-defense, and in proportion to the attacks by Iran-backed militias. Unlike the two previous sets of strikes, the Pentagon did not make senior officials available after Sunday’s military response to discuss details. Pentagon officials said they were still analyzing the strikes and did not know if anyone on the ground was hurt or killed. The United States has 2,500 troops in Iraq and 900 in Syria, mostly to help local forces fight remnants of the Islamic State.

Persons: Abu Kamal, Biden, Lloyd J, Austin III, ” Dana Stroul Organizations: Islamic Revolutionary Guards Corps, Pentagon, American, Syria . Air Force, U.S, ”, United Locations: States, Syria, Iraq, Abu, Mayadin, Iran, United States, Asia, U.S, Germany, Islamic State, Israel, Lebanon, Yemen, Persian

☆ Iran President Raisi Says Action, Not Words, Needed on Gaza
▼ + stars: | 2023-11-11 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Iranian President Ebrahim Raisi said on Saturday that the time had come for action over the conflict in Gaza rather than talk as he headed to Saudi Arabia to attend a summit on the war between Israel and Hamas militants. It should be for action," Raisi said at Tehran airport before departing for the summit of Arab and Islamic nations in the Saudi Arabian capital Riyadh. "Today, the unity of the Islamic countries is very important," he added. But these statements are not consistent with America's actions," Raisi said in the televised comments at Tehran airport. "The war machine in Gaza is in the hands of America, which is preventing a ceasefire in Gaza and expanding the war.

Persons: Ebrahim Raisi, Raisi, Hossein Amirabdollahian, Simon Cameron, Moore, Christian Schmollinger Organizations: Reuters, Dubai Newsroom Locations: Gaza, Saudi Arabia, Israel, Tehran, Saudi, Riyadh, Iranian, China, Palestine, Iran, America

☆ Iran President Raisi says action, not words, needed on Gaza
▼ + stars: | 2023-11-11 | by ( ) www.reuters.com time to read: +1 min

Iranian President Ebrahim Raisi attends a meeting with his Tajik counterpart Emomali Rakhmon in Dushanbe, Tajikistan November 8, 2023. It should be for action," Raisi said at Tehran airport before departing for the summit of Arab and Islamic nations in the Saudi Arabian capital Riyadh. "America says it doesn't want an expansion of the war and has sent messages to Iran and several countries [to this effect]. But these statements are not consistent with America's actions," Raisi said in the televised comments at Tehran airport. "The war machine in Gaza is in the hands of America, which is preventing a ceasefire in Gaza and expanding the war.

Persons: Ebrahim Raisi, Emomali, Raisi, Hossein Amirabdollahian, Simon Cameron, Moore, Christian Organizations: Press Service, REUTERS, Dubai Newsroom, Thomson Locations: Dushanbe, Tajikistan, Gaza, Saudi Arabia, Israel, Tehran, Saudi, Riyadh, Iranian, China, Palestine, Iran, America

☆ At Dubai Design Week, an architect created a space for humans and pigeons to share
▼ + stars: | 2023-11-10 | by ( Manav Tanneeru | Arya Jyothi | ) edition.cnn.com time to read: +5 min

Among them, Dubai-based Syrian Ahmad Alkattan has created a cocoon-style intimate outdoor social space where designers can “hatch” their ideas. Alkattan’s design is part of the annual Dubai Design Week and won first place in its Urban Commissions competition, which invites designers and architects to develop innovative outdoor furniture. This year, more than 30 designs for installations submitted for DDW have been built in the city’s Design District. Dubai Design WeekAhead of the upcoming COP28 climate conference in Dubai, the theme for this year’s design week emphasizes sustainable practices and materials. “So [the competition] is a very relevant project not just for what is staged in Dubai Design Week, but where we can see this in the future.”Designest is Alkattan’s third attempt at winning the Urban Commissions category.

Persons: Ahmad Alkattan, “ Designest, Alkattan, Designest, “, I’ve, Mette Degn, Christensen, DDW, it’s, ”, Abdalla, TEE VEE, Degn Organizations: CNN, Design, Dubai Design, DDW, Mitsubishi, Tea Locations: Dubai, Dubai —, Venice, Arabi, UAE

☆ Nigeria gets refineries investment, forex pledge from Saudi Arabia
▼ + stars: | 2023-11-10 | by ( Felix Onuah | ) www.reuters.com time to read: +3 min

REUTERS/Temilade Adelaja/File Photo Acquire Licensing RightsABUJA, Nov 10 (Reuters) - Nigeria and Saudi Arabia on Friday agreed to a series of investment and cooperation deals, including a pledge by the Saudi government to invest in the revamp of Nigeria's oil refineries and provide financial support to sustain the government's foreign-exchange reforms. Under Tinubu, Nigeria has embarked on the boldest reforms in decades, scrapping a popular petrol subsidy and unifying the country's multiple exchange rates as part of measures "aimed at improving the ease of doing business." Information Minister Mohammed Idris said the Saudi government pledged to make "a substantial deposit of foreign exchange to boost Nigeria's forex liquidity". "Nigeria and Saudi Arabia have always enjoyed a special relationship at both the bilateral and multilateral levels. The two leaders agreed to work together over the next six months to "develop a comprehensive road map and blueprint" to deliver on the investments, Idris said.

Persons: Bola Tinubu, Temilade, Saudi Crown Prince Mohammed bin Salman, Mohammed Idris, Idris, Tinubu, Ajuri Ngelale, Boko, Felix Onuah, Elisha Bala, Emelia Sithole, Matthew Lewis, David Evans Organizations: REUTERS, Rights, Saudi Crown, Saudi Aramco, Thomson Locations: Abuja, Nigeria, Rights ABUJA, Saudi Arabia, Saudi, Africa, Riyadh, Tinubu, Africa's

☆ Nicki Minaj lands new ‘Vogue’ cover
▼ + stars: | 2023-11-09 | by ( Kristen Rogers | ) edition.cnn.com time to read: +3 min

CNN —While she may be promoting her forthcoming studio album “Pink Friday 2,” Nicki Minaj is on the cover of Vogue in cream — a delicately draped Valentino couture gown, that is. Minaj has previously been featured on the covers of the Arabian and Japanese editions of Vogue (in 2018 and 2019, respectively), but the December issue of US Vogue is marks her stateside debut. Nicki Minaj poses on the cover of US Vogue's December 2023 issue. Norman Jean Roy/Vogue“There’s a freeness that you have around you when you’re at your best, when you’re doing your thing at your peak,” Minaj told the magazine. “That’s the thing that’s changed in me.

Persons: Nicki Minaj, Valentino, Minaj, Papa, Norman Jean Roy, you’re, ” Minaj, ”, It’s, “ Organizations: CNN, Vogue, “, Gabbana

☆ An Epic Pilgrimage Across Three Great Religions
▼ + stars: | 2023-11-09 | by ( Aatish Taseer | ) www.nytimes.com time to read: +111 min

Before there was tourism, there was pilgrimage: a trip of endurance, hardship and ecstasy in celebration of one’s faith. On an epic pilgrimage of his own, one writer ventures into the heart of three great religions in Bolivia, Mongolia and Iraq. The Imam Hussein shrine in Karbala the day after Ashura. “They’re poor, but they come thousands of kilometers for the love of Imam Hussein.” PILGRIMAGE WAS A great equalizer. “Labaik ya Hussein,” came the solemn chorus of surrounding voices.

Persons: Eduardo Quintela Gonzáles, ” Quintela, JAN, “, ”, Quintela, Victor, Edith Turner, Chaucer, ferne, sondry londes, Vaishno Devi, Lyra Skinner, Lyra, Victoria Preston’s, —, Prophet Muhammad, Virgin Mary, Bath, Naipaul, Augustus, Ryan, garret, Virgin, Monica Machicao, Nicholas Casey, ” Monica, Casey, Evo Morales, sloughing, Columbus, Cortés, Francisco Pizarro, Monica, glitzy cholets, Peru —, Viracocha, it’s, Pablo Quisbert, Leandro Chitarroni, Eichmann, Father Chitarroni, Father Chitarroni’s, Conquistadores ”, Fernando Cervantes, Bernabé Cobo, Quisbert, Edgar Quispe, Tatiana Huayhua, Francisco Tito Yupanqui, Mary, Yupanqui’s, su, Yupanqui, Chitarroni, she’s, Friar Abelino Yeguaori, Friar Yeguaori, Friar Yeguaori’s, Irene, Juana, hajji, Waka, Aracely Alcón, Santiago, Alcón, ‘, don’t, ” Alcón, Tito Yupanqui, Uma Marka, Pachamama, haggard, Amaru Fiorilo Barrios, he’d, ” Fiorilo, Fiorilo, who’d, Valeria Alcón, Laureano Jose Quisbert, Elena Ticona Flores, Eduardo Quintela’s, Ensamble, pang, padre, consolations, Sincrético, El, Rodrigo Paz Pereira, Axel, amauta, strode, La, Aatish Taseer, Saint Helena —, Constantine I, La Paz, Orgilbaatar Tsolmon, Orgil, Genghis Khan, Edward Gibbon, ” Orgil, Araniko’s, Kublai Khan, Genghis Khan’s, Kubla Khan, Coleridge, Kublai, Stalin, sybarite, Khamar, Dalai Lama, Lama, Christopher Kaplonski, ger, I’d, banshtai tsai, Prim, Egi, Munkhdul, Gandantegchinlen, Haidav, herder, “ Um sain, boltugai, Danzanravjaa, Zanabazar’s, Erdene, Mandakhtsog Monkhbaatar, Monkhbaatar’s, Dalai Lamas, prostrated, He’d, Zuu, she’d, Santiago de, L.K, Advani, Emperor Babur, Ram, kar sevaks, Ayodhya, Narendra Modi, Munkhbaatar Batchuluun, Henry Wallace, Franklin D, Potemkin, Munkhbaatar, Gerelmaa, Giimaa, She’d, Eduardo Quintela, Aracely, Santiago’s, Joseph Brodsky’s, Muhammad’s, Hussein, William Keo, ” Khuder, pillion, Labaik, Hussein ”, O Hussein, hearkened, Prophet, Ali —, Ali, Yazid, Imam, crackling, chickpeas, Imam Ali, Imam Hussein, Saddam Hussein, Tusi, Qasim, Imam Hussein’s, Khuder, “ Will, Najaf, prestes, — I, Yasir Yaseen, Ashura, Ali Akbar, Abbas, Ali Asghar, “ We’re, Francisco Goya’s, Hussein’s, Groom, Joseph, ” Wissam, Turfi, Saddam —, Arbaeen, Saddam, “ Imam Hussein, WE, Muhammad, Barnaby Rogerson, Prophet Muhammad ”, ” Ali, Muhammad — Muhammad, formlessness, Muqtada al, Abrams, chiding, Abu Musab Al, Zarqawi, Al Qaeda, William, “ They’re, Ayatollah Ali Khamenei, flagellants, ruddy, stylishly, Hussein — shahid —, Farman Ahsan, Syed Salman Raza —, Saddam’s, ” Raza, William “, Ali Zayn al, Abidin, Labaik ya Hussein, thrall —, Lloyd, Susanne Rudolph — Organizations: CITY LA, LA, LA PAZ, Virgin, Crusaders, Dolorosa, Sun, The New York Times, Bolivian, Spain, La, Cordillera, Universidad Mayor de, Catholic, Good, La Paz, Dominican, Pakistan, Caesars, Nissan, Coke, Communists, Communism, ardor, Communist, Hyundai, flails, sacra, Apache, Mahdi Army, Al, ISIS, Karachi —, Princeton Locations: Bolivia, Mongolia, Iraq, Aatish Taseer Bolivia Mongolia Iraq, CITY LA PAZ, BOLIVIA, NAJAF, IRAQ, ULAANBAATAR, MONGOLIA, LA PAZ, La Paz, Bolivian, Copacabana, Lake Titicaca, New York, Christian, British, sondry, India, Delhi, Varanasi, Europe, American, Mecca, Arabia, Long, Vino Tinto, Chile, Peru, Monica, Plurinational State, Bolivia —, Americas, Spain, Columbian, Aztec Mexico, Inca Peru, Calvary Hill, Virgen del Cerro, South America, Puerto Rico, Huatajata, ”, Argentine, Universidad Mayor de San Andrés, Mexican, revelry, Spanish, “, morena, La, “ India, multilayered, Potosí, Argentina, Warisata, Scotch, Santiago de Compostela, Kingdom of Saudi Arabia, Nepal, Nations, El Alto, Buenos Aires, Bombay, Tibet, Bolivia’s, Yamuna Rivers, United States, Buddhist Mongolia, Ulaanbaatar, Mongolian, Istanbul, Asia, Islam, China, Beijing, Dadu, Erdene Zuu, Soviet, Gobi, Los Angeles, gers, Qing China, Karnataka, Töv Province, Karakorum, Khamar, Erdene, Ukraine, Korea, Golden, Bayankhongor, Lhasa, Dalai, Inner Mongolia, Mongol, Nalaikh, Santiago, Santiago de Compostela and Canterbury, Bulgan Province, Somnath, Gujarat, Ayodhya, Uttar Pradesh, ger, East German, Uvs Province, Pakistani, Indian, Tennessee, Najaf, Baghdad, Khuder, —, abayas, KARBALA, Kufa, Medina, Saudi Arabia, Karbala, Imam Ali, Bab, Kuwaiti, Bohras, South Asia, Tajikistan, Zaydis, Yemen, Alawites, Anatolia, Syria, Iran, Bahrain, Azerbaijan, Sadr, U.S, Jordanian, Al Qaeda, Mesopotamia, Al, Multan, Pakistan, Punjab, Pakistan’s, Islamabad, Lahore, Kuwait, Karachi, Doha, Qatar

☆ Yemen's Houthi rebels are using the Israel-Hamas war to show off their growing arsenal, and US warships are in the crossfire
▼ + stars: | 2023-11-06 | by ( Paul Iddon | ) www.businessinsider.com time to read: +8 min

The US Defense Department later confirmed that the Houthi missiles had a range of no less than 2,000 kilometers, or about 1,240 miles. AdvertisementAdvertisementUSS Carney fires on Houthi missiles and drones over the Red Sea on October 19. A third incident, on October 31, saw Israel's advanced Arrow air-defense system intercept a Houthi ballistic missile and an Israeli F-35 stealth fighter shoot down a cruise missile. Houthi ballistic missiles "have long proven" inaccurate, and the group likely doesn't have a very large stockpile of advanced long-range missiles and drones, Bey added. Sailors in USS Carney's Combat Information Center during an operation to defeat Houthi missiles and drones on October 19.

Persons: Yemen's Houthi, —, Carney, MCS2 Aaron Lau, Houthis, Khaled Abdullah The, Matthew Bey, RANE, Khaled Abdullah, Bey, wasn't, Mason, ANDREW CABALLERO, REYNOLDS, Bryan Clark, Clark, Paul Iddon Organizations: US Navy, Service, Hamas, US Defense Department, REUTERS, Saudi, Ballistic, Houthi, Tomahawk, Patriot, Getty, Hudson Institute Locations: Israel, Yemen, Saudi Arabia, Taba, Nuweiba, Israeli, Gaza, Sanaa, Iran, Tehran, Riyadh, Yemeni, Mandeb

☆ Six Members of My Family Are Hostages in Gaza. Does Anyone Care? - The New York Times
▼ + stars: | 2023-11-05 | by ( Alana Zeitchik | ) www.nytimes.com time to read: +7 min

I spent the day waiting for news from my family in Israel. I wake up each morning only to remember again my family is being held hostage by terrorists. So maybe you can imagine my surprise the first time I heard my Israeli family called “white colonizers.” When did we become white? Everyone in my large extended family has mobilized alongside me, demanding the safe return of our loved ones and of all the hostages. We’ve been told by the Israel Defense Forces that my family is alive in Gaza, and for now, this gives us a glimmer of hope.

Persons: I’ve, Sharon Cunio, David, Emma, Yuli, Danielle Alony, Amelia, Nir Oz, “ Allahu akbar, ”, I’m, Mohammed Abujayyab, Avraham, Sara, it’s, Rather, haven’t, We’ve, Riki Organizations: United Nations, Hamas, Jewish Voice, Peace, Israel Defense Forces Locations: Israel, Gaza, Williamsburg, Brooklyn, Los Angeles, Yemen, Sana

☆ Mummified baboons found in Egypt have puzzled scientists for 118 years. Now we finally might know how they got there and why.
▼ + stars: | 2023-11-05 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +9 min

Mummified remains of baboons in Egypt found over a century ago have long puzzled researchers. AdvertisementAdvertisementNew research on the mysterious remains of mummified baboons, found far from their natural habitat over a hundred years ago in Egypt, has shed light on the sacred significance of the primates in the ancient Arabian Peninsula. Kopp's discovery is the first time ancient DNA from a mummified non-human primate has successfully been analyzed to this extent. The exact location of Punt, Kopp told Insider, has long puzzled researchers due to references to the town being found in significant texts and artwork but not found on existing maps. And they even mummified baboons, which any primatologist will tell you is puzzling."

Persons: —, Gisela Kopp, Kopp, Gabbanat, Patrick Ageneau Kopp, they're, Pesky, Nathaniel Dominy, Dominy, you'd, Thoth Organizations: Service, University of Konstanz, Musee des Confluences, Dartmouth College Locations: Egypt, Adulis, Eritrea —, Africa, Eritrea, Punt, Lyon, France, Qurud

☆ Saudi Arabia eyes stake in $30 bln Indian Premier League - Bloomberg News
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

Nov 3 (Reuters) - Saudi Arabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League (IPL), the world's richest cricket league, Bloomberg News reported on Friday, citing people familiar with the matter. Saudi Arabian Crown Prince Mohammed bin Salman's advisers have spoken to Indian government officials about moving the IPL into a holding company valued at as much as $30 billion, the report said. The Board of Control for Cricket in India (BCCI), the custodian of the IPL, did not immediately respond to Reuters' request for a comment. IPL is one of the richest leagues in the world and has been attracting top players and coaches to India since its inaugural edition in 2008. Reporting by Nilutpal Timsina in Bengaluru; Editing by Shinjini Ganguli and Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Saudi Arabian Crown Prince Mohammed bin, Nilutpal, Shinjini Ganguli, Shilpi Majumdar Organizations: Indian Premier League, Bloomberg, Saudi Arabian Crown, IPL, Control, Cricket, BCCI, Reuters, Thomson Locations: Saudi Arabia, Saudi, India, Bengaluru

☆ Hamas wants to wreck years of US efforts to mend Israel-Arab ties — and it looks like it's working
▼ + stars: | 2023-11-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Thursday Bahrain, one of the original signatories of the Trump-era Abraham Accords, said it would recall its ambassador to Israel. AdvertisementAdvertisement"Presumably there's a limit to how much carnage Israel can get away with before Arab countries pull out of the Abraham Accords. The UAE has reaffirmed its commitment to the Abraham Accords, reported the Jewish News Syndicate. But the longer Israel's campaign continues, and images and civilian deaths and devastation are broadcast around the world, the more public anger will build, putting huge pressure on Arab leaders to act.

Persons: —, Joe Biden, Donald Trump, Israel, Abraham, Giorgio Cafiero, Cafiero, Abraham Accords —, Biden Organizations: Saudi, Service, United Arab Emirates, Protesters, Thursday Bahrain, Trump, Abraham Accords, West Bank, Analytics, Abraham, Jewish News Syndicate, Orly Goldschmidt, CNN Locations: Israel, Gaza, UAE, Saudi Arabia, Bahrain, Egypt, Morocco, West, Gulf, Iran, Saudi

GENEVA (AP) — The near certainty that Saudi Arabia will host the 2034 men's World Cup unites two of the most influential men in world sports: the leader of soccer's governing body and the kingdom's crown prince. In the case of Saudi Arabia, U.S.-based journalist Jamal Khashoggi was slain inside the Saudi Consulate in Istanbul in 2018. The men’s World Cup should earn Switzerland-based FIFA more than $10 billion in almost entirely tax-free revenue. “Mohammed bin Salman wants Saudi Arabia to be a hub of anything and everything,” Middle East expert James Dorsey said. Then came the COVID-19 pandemic and FIFA canceled the planned June 2021 relaunch in China of its Club World Cup event.

Persons: Gianni Infantino, Prince Mohammed bin Salman, sportswashing, Jamal Khashoggi, Prince Mohammed, Infantino, King Salman, Prince Mohammed's, “ Abraham, ”, Donald Trump, ” Infantino, Mohammed's, Cristiano Ronaldo, “ Mohammed bin Salman, James Dorsey, Greece —, —, Australia –, they’ve, James Johnson, “, Yasser Al Misehal –, – Organizations: GENEVA, FIFA, Australia, Qatar, White House, “ Abraham Accords, United Arab, Soccer, Newcastle, Russia, Saudi, ” Football Australia, ” FIFA, FIFA Council, Fox News Locations: Saudi Arabia, Persian, Saudi, U.S, Istanbul, Riyadh, Switzerland, Gulf, Israel, United Arab Emirates, Bahrain, Europe, Swiss, China, Qatar, United States, Canada, Mexico, Egypt, Greece, Africa, South America, Asia, Oceania, Saudi Arabian, Australia

☆ Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback
▼ + stars: | 2023-11-02 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

British oil giant Shell on Thursday reported $6.2 billion profit for the third quarter, roughly in line with estimates, as the company benefited from higher oil prices and refining margins. Profit was higher than the $5.1 billion of the second quarter, but marked a sharp decline from the $9.45 billion reported a year ago, when the Russia-Ukraine conflict bolstered oil and gas prices. The company also announced a $3.5 billion share buyback to be carried out over the next three months. Free cash flow fell from $12.1 billion in the second quarter to $7.5 billion. BP on Tuesday posted a year-on-year fall in third-quarter profit from $8.15 billion to $3.293 billion, below analyst estimates, though France's TotalEnergies slightly outperformed last week.

Persons: Wael Sawan, Shell, Sawan, France's Organizations: Shell, Energy, BP, International Energy Agency Locations: Alhambra , California, British, Russia, Ukraine, Saudi

☆ Video shows a US Navy drone boat firing off its own exploding drone in the Middle East, a first for the unmanned vessels
▼ + stars: | 2023-11-02 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The US Navy said its drone boats fired lethal weaponry for the first time in the Middle East. Footage of one of the engagements shows Navy personnel operating the drone boat in the open waters. The USV then fires one of the munitions, which includes a first-person view of its trajectory into the simulated target, causing it to detonate on impact. Navy officials said the exercise was designed to advance the lethality and combat potential of drone boats, and future events could broaden the arsenal of these unmanned systems. Beyond drone boats, the Pentagon has taken other measures in recent months to boost deterrence in the region like dispatching an assortment of fighter jets and warships to the area.

Persons: —, Ray USV, Devil Ray, NAVCENT, Brad Cooper, Cmdr, Dre Johnson, Jonathan Nye, Justin Stumberg Organizations: US Navy, Navy, Service, US Naval Forces Central Command, . Naval Forces Central Command’s, Digital, Missile System, U.S . Naval Forces Central Command’s, Mass, Islamic Revolutionary Guard Corps Navy, Pentagon Locations: Arabian, U.S, Hormuz, Gulf of Oman, Persian, Iran, American

ARCADIA, Calif. (AP) — After horse deaths marred this year’s Kentucky Derby and Preakness, and another occurred days ahead of the world championships, safety at the Breeders’ Cup is under intense scrutiny. “We know equine fatalities is a complicated issue and that’s why we’re continuing to invest in resources,” Drew Fleming, president and CEO of Breeders' Cup Ltd., said Wednesday. Breeders’ Cup officials said his death was due to “a cardiac event.” A required necropsy will determine the official cause. With history in mind, 1/ST Racing is conducting periodic inspections and testing of all racing surfaces before the Breeders’ Cup. Dutrow saddles White Abarrio in the Classic, his first Breeders' Cup runner since he returned earlier this year from a 10-year ban for medication violations.

Persons: ” Drew Fleming, Arcangelo, Jena Antonucci, ”, isn’t, Mage didn’t, Ramiro Restrepo, “, Groom, Dionne Benson, “ We’ve, Lisa Lazarus, “ That's, Bob Baffert, Donald Trump, HISA, Antonucci, Rick Dutrow, he's, Derby, Baffert hasn't, Medina Spirit's, Baffert, ” Baffert Organizations: Kentucky Derby, Preakness, Breeders, Santa, Federal Trade Commission, Breeders ’, Belmont, Santa Anita, Triple Crown, Anita, Churchill Downs Inc, Breeders ', Associated Press Locations: ARCADIA, Calif, Kentucky, Santa Anita, California, Santa, Churchill, Belmont, U.S, HISA, Del Mar

☆ Mega-cap firm valuations fall amid rising rates, tech earnings concerns
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

A sign is pictured outside a Google office near the company's headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo Acquire Licensing RightsNov 1 (Reuters) - Most global mega-cap stocks continued their slide in October, hit by the rise in U.S. interest rates and lacklustre third-quarter earnings growth among some top U.S. tech firms. Reuters Graphics Reuters GraphicsTesla's (TSLA.O) market value tumbled almost 20% to $638 billion last month, largely due to the impact of rising U.S. interest rates on electric vehicle (EV) demand. On the other hand, Microsoft's (MSFT.O) market value jumped 7.1% to $2.5 trillion, buoyed by its strong fiscal first-quarter results in all segments. This growth was attributed to strong performances in cloud computing and PC businesses, bolstered by increased customer interest in its artificial intelligence offerings.

Persons: Paresh Dave, Patturaja Murugaboopathy, Gaurav Dogra, Mark Potter Organizations: REUTERS, Google, Reuters Graphics Reuters, Panasonic Holdings, Nvidia, Oil, Thomson Locations: Mountain View , California, U.S, Japan, China, Saudi, Bengaluru

☆ Saudi Arabia set to host 2034 World Cup as Australia withdraws interest
▼ + stars: | 2023-10-31 | by ( Sammy Mncwabe | ) edition.cnn.com time to read: +4 min

CNN —Saudi Arabia is set to host the 2034 men’s FIFA World Cup after Australia withdrew its interest in hosting the global showpiece just hours before the bid deadline on Tuesday. Instead the Australia football federation has opted to proceed with their bids for the Women’s Asian Cup in 2026 and the FIFA Club World Cup in 2029. In a press release sent out on Tuesday, FIFA confirmed that Saudi Arabia was the only bidder for the 2034 tournament. In 2022, Oleksandr Usyk beat Anthony Joshua at the King Abdullah Sports City Arena in Jeddah, Saudi Arabia in a heavyweight title clash. To host the World Cup would be viewed as a major coup for Saudi Arabia, which has been frequently been criticized of sportswashing.

Persons: “, Oleksandr Usyk, Anthony Joshua, Andrew Couldridge, Prince Mohammed bin Salman, Luca Bruno, ”, Steve Cockburn Organizations: CNN, FIFA, Australia, ” Football Australia, FIFA Club, FIFA Council, ” FIFA, King Abdullah Sports City Arena, Formula One, Saudi Pro League, sportswashing, MBS, Fox News, Sports & Rights Alliance, Getty, Economic, Social, “ FIFA, Rights, Saudi Arabia Football Federation Locations: Saudi Arabia, Asia, Oceania, Spain, Portugal, Morocco, Uruguay, Paraguay, Argentina, Jeddah, Saudi Arabian, Saudi

☆ Saudi Arabia Is Set to Be Sole Bidder for 2034 World Cup
▼ + stars: | 2023-10-31 | by ( Tariq Panja | More About Tariq Panja | ) www.nytimes.com time to read: +1 min

FIFA’s move to speed up the bidding for 2034 surprised many, coming 11 years before the scheduled start of the tournament and a full three years before the 2034 host was supposed to be decided. FIFA also said only bidders from Asia and Oceania, two of soccer’s six regional confederations, could be considered for selection. Saudi Arabia, which had for years been public about its desire to host the World Cup, moved fast to secure the tournament after FIFA set the rules this month. In the face of that support, Australian officials concluded they would have been overmatched if they challenged Saudi Arabia to secure the votes of the majority of FIFA’s 211 federations. Saudi Arabia has signed agreements in the past year with scores of FIFA’s member nations, committing millions of dollars to projects across Asia and lavishing attention on Africa, where it signed an agreement with the regional governing body and sponsored a new tournament.

Persons: Prince Mohammed bin Salman, Sheikh Salman bin Ibrahim al Khalifa Organizations: FIFA, Saudi Locations: Asia, Oceania, Saudi Arabia, Bahrain, Australia, Africa, Tashkent, Uzbekistan, Saudi Arabian

☆ Spain's state fund considers taking Telefonica stake after STC move
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

The logo of Spanish Telecom company is displayed atop the company's building in Madrid, Spain, September 6, 2023. Acting Economy Minister Nadia Calvino has said Madrid will carry out a thorough evaluation before approving STC's stake, while acting labour minister Yolanda Diaz has called for the transaction to be blocked. Spain's SEPI said in a stock market filing on Tuesday that it was carrying out an "exploratory internal analysis over a potential acquisition" of a stake in Telefonica. STC declined to comment on any potential plans by SEPI. Caixabank, which owns 3.5% stake of Telefonica, said last week it would not raise its stake in response to STC's move, and would analyse with Telefonica any potential cooperation with the Saudi Arabian telecoms company.

Persons: Violeta Santos Moura, Spanish telco Caixabank, SEPI, Nadia Calvino, Yolanda Diaz, Spain's SEPI, Belen Gualda Gonzalez, Onur Genc, It's, Genc, Inti Landauro, Pietro Lombardi, Louise Heavens, Alexander Smith Organizations: Spanish Telecom, REUTERS, BBVA, Telefonica Bank, Telefonica MADRID, Telefonica, Saudi, STC, Saudi Arabia's, SEPI, Thomson Locations: Madrid, Spain, Spanish, Saudi Arabian

☆ Saudi defense minister expected to visit White House on Monday, Axios reports
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: +2 min

Saudi's new Defence Minister, Prince Khalid bin Salman chairs his first meeting with military officials in the Ministry of Defence in Riyadh, Saudi Arabia, September 28, 2022. Saudi Press Agency/Handout via REUTERS/File photo Acquire Licensing RightsWASHINGTON, Oct 28 (Reuters) - Saudi Arabian Defense Minister Prince Khalid bin Salman is expected to visit Washington on Monday for meetings with senior Biden administration officials, Axios reported on Saturday, citing three sources with knowledge of the trip. Khalid bin Salman is expected to meet with White House national security adviser Jake Sullivan, Secretary of Defense Lloyd Austin, Secretary of State Antony Blinken and several senators, according to the Axios report. The White House National Security Council told Reuters it had nothing to confirm when asked about the possible visit. U.S. President Joe Biden and Saudi Arabian Crown Prince Mohamed bin Salman on a call on Tuesday discussed efforts to prevent the Israel-Hamas conflict widening.

Persons: Prince Khalid bin Salman, Axios, Khalid bin Salman, Jake Sullivan, Defense Lloyd Austin, Antony Blinken, Joe Biden, Mohamed bin Salman, Biden, Michael Martina, Daniel Wallis Organizations: Defence Minister, Ministry of Defence, Saudi Press Agency, Handout, REUTERS, Rights, Saudi Arabian Defense, Washington, Biden, Saturday, Hamas, White House, Defense, White House National Security Council, Reuters, Saudi Arabian, Palestinian, Thomson Locations: Riyadh, Saudi Arabia, Israel, Gaza

☆ The Proxy Forces Iran Has Assembled Across the Middle East
▼ + stars: | 2023-10-27 | by ( Neil Macfarquhar | ) www.nytimes.com time to read: +1 min

For decades, the Shiite Muslim ayatollahs who came to power in Iran through the 1979 Islamic Revolution have worked to build an arc of like-minded proxy forces across the Middle East. Training and arming extremist, nonstate militia groups throughout the region have been pillars of Iran’s foreign and security policy. Hamas, which controls the strip and is a rare Sunni Muslim organization among mostly Shiite militants, catapulted Iran and its allies back onto the global radar on Oct. 7 with a brutal cross-border attack on Israel. The degree to which Iran holds direct influence over this loose regional network is murky. Here is a summary of the main proxy forces and their locations in the region.

Persons: ayatollahs Organizations: Training Locations: Iran, Republic, Yemen, Arabian, Iraq, Syria, Lebanon, Gaza, Israel

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