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The Latest Breaking News from Middle East

RSLs lack young veterans for Anzac Day events as NSW president calls for change

An ageing RSL volunteer force for Anzac Day events sparks fears for future services, prompting the NSW president to call for sub-branches to be more welcoming of new veterans.

ABC News

Marlboro Maker Philip Morris Clocks 2.1% Revenue Growth In Q1

Philip Morris International Inc (NYSE:PM) reported first-quarter FY22 sales growth of 2.1% year-on-year to $7.75 billion, beating the consensus of $7.43 billion. Cigarette and heated tobacco unit shipment volume rose by 3.5% Y/Y, with 8.3% growth in the Middle East & Africa. Marlboro cigarette shipment volume increased 6.7%, mainly driven by PMI Duty-Free, the Philippines,…

Benzinga

Dozens of Australian RAAF pilots are operating drone strikes from the United Kingdom, Defence Department confirms for the first time

Australia's Department of Defence for the first time confirms the total number of RAAF pilots deployed to the United Kingdom on a secretive mission to remotely operate British armed drones over the Middle East.

ABC News

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Read How Analysts Reacted To Halliburton's Q1 Results

Analysts updated ratings and price target for Halliburton Company (NYSE:HAL) after Q1 results. Citi analyst Scott Gruber raised the price target to $48 (an upside of 19.6%) from $44 while maintaining the Buy rating on the shares. Gruber states that expectations for HAL were high coming into the quarter. The analyst utilizes 38% increments in…

Benzinga

Jack Ma's Alibaba Fintech To Grab Majority Ownership Of This Payments Platform

Jack Ma founded Alibaba Group Holding Ltd (NYSE:BABA) fintech affiliate, Ant Group, is set to become the majority investor in Singapore-based payments platform 2C2P as part of a partnership, Reuters reports. The deal will integrate Ant's Alipay+ payment service with 2C2P's platform used by merchants in Asia, Europe, the Middle East, and the Americas.…

Benzinga

Putin discusses Russia-Ukraine talks, Middle East with Palestinian leader Abbas

Russian President Vladimir Putin held a phone call with Palestinian President Mahmoud Abbas about negotiations between Russia and Ukraine, the Kremlin said on Monday.

Reuters

Mitsubishi to Transfer Hydrogen Technology, Ammonia, High-Efficiency Equipment to Saudi Arabia

Koichi Nakagawa, Research Director and Chief Consultant at the Mitsubishi Research Institute (MRI) Middle East, revealed that Mitsubishi is planning to launch a number of understandings in Riyadh to strengthen partnerships with Saudi government agencies in the field of research and consultancy. These understandings would help transfer knowledge and technologies…

Asharq Al-Awsat

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Thailand mulls more FTAs to expand export markets

Thailand is scheduled to study free trade agreements (FTAs) with countries in the Middle East, Africa and Latin America by the second half of this year, a move to expand new export markets.

Bangkok Post

Yemeni Gov’t Prioritizes Peace Despite Houthi Truce Violations

Yemen’s official government has renewed its prioritizing of peace and support for international efforts to end the war with Houthi militias despite the latter’s continued escalation and violations against the UN-sponsored truce that went into force on April 2. “The government has chosen the path of peace in order to…

Asharq Al-Awsat

Jerusalem Clashes Raise Fears of Wider Conflict

One year after events in Jerusalem led to war in Gaza, clashes during the Muslim holy month of Ramadan are raising fears of renewed Israeli-Palestinian conflict, with leaders on both sides warning of possible escalation. At least 152 Palestinians were wounded when Israeli riot police entered the Al-Aqsa mosque compound…

Asharq Al-Awsat

World Bank: War in Ukraine Raising Risks for MENA

The war in Ukraine has "multiplied risks" for the Middle East and North Africa's poorer countries by raising food and energy prices, the World Bank said Thursday, warning of potential social unrest. In its latest update to its MENA growth forecast, the development lender said inflationary pressures set off by…

Asharq Al-Awsat

Nissan: Dynamism of Saudi, UAE Markets a Key Factor for Company’s Regional Growth

Nissan’s Chairperson for the region of Africa, Middle East, India, Europe and Oceania (AMIEO) Guillaume Cartier said the vehicle market in Saudi and the United Arab Emirates will witness growth in the coming period thanks to favorable government policies that attract investments. In an exclusive interview with Asharq Al-Awsat, Cartier…

Asharq Al-Awsat

Should Middle East climate change be tackled with nuclear energy?

Nuclear power can help transition away from fossil fuels, but for Middle East nations there are dangers at every turn.

Al Jazeera

EU plans to counter Russia with food diplomacy in North Africa, Balkans

The EU aims to address rising wheat and fertilizer prices and expected shortages in the Balkans, North Africa and the Middle East with "food diplomacy" to counter Russia's narrative on the impact of its Ukraine invasion, EU diplomats and officials say.

Reuters

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Motorsport

Ten things we learned from the 2022 Australian Grand Prix

Formula 1 rolled into Albert Park for the first time since the cancelled 2020 event with a party atmosphere after some intense races in the Middle East. Ferrari’s Charles Leclerc asserted his dominance as Max Verstappen suffered more mechanical anguish, while there were talking points aplenty up and down the…

Autosport

10 things we learned from the 2022 Australian Grand Prix

Asharq Al-Awsat

Australia Hopes to Keep Early F1 Slot after Strong Reboot

Record crowds at the Australian Grand Prix were a welcome boost for organizers after a two-year hiatus due to COVID-19 but where the race sits in the Formula One calendar remains up in the air. Albert Park has traditionally hosted the championship's opener but was slotted in as the third…

Asharq Al-Awsat

Nissan: Dynamism of Saudi, UAE Markets a Key Factor for Company’s Regional Growth

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Asharq Al-Awsat

UAE Agtech Right Farm Raises $2.8 Million from Investors

Right Farm, a United Arab Emirates agriculture technology firm, said on Monday it raised $2.8 million from investors including Abu Dhabi state holding company ADQ's venture platform. The company is a business to business digital platform which sources fresh produce from local and international farms for the food and retail…

Roll Call

Deja vu permeates as lawmakers ready to debate Iran nuclear deal - Roll Call

The Biden administration is close to striking an agreement with Iran, and lobbying machinery is cranking back into action on Capitol Hill.

The Hindu

World food prices hit record high over Ukraine war: FAO

The disruption in export flows resulting from the February 24 invasion and international sanctions against Russia has spurred fears of a global hunger crisis, especially across the Middle East and Africa, where effects are already visible

The Independent UK

Moscow rules: Why the west’s Middle East partners choose Putin over principle in Ukraine war

Gulf nations have refused to condemn the invasion or back western sanctions against Russia, underscoring deepening ties with Moscow as their faith in the US fades, writes Borzou Daragahi

Asharq Al-Awsat

Four US Troops Injured in 'Iranian' Rocket Attack in Syria

Four US troops were injured Thursday after rockets were fired at a base housing American forces in eastern Syria, US Central Command said. The rockets struck two support buildings at the Green Village base in Deir Ezzor province run by allied Kurdish-led Syrian Democratic Forces, where the US and coalition…

AAP

Summer sheep export resumption questioned

Questions are being raised about a federal government decision to resume live sheep exports to the Middle East during summer months on the eve of an election.

The Guardian - AU

Australia relaxes summer ban on live sheep exports to Middle East

Risk of significant mortality event if sheep are allowed to be exported through the Red Sea in early June, animal rights activists say

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