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The Latest Breaking News from Middle East

Radware Tops Q4 Consensus Backed By Security Solutions Demand

Radware Ltd (NASDAQ:RDWR) reported fourth-quarter FY21 revenue growth of 11% year-on-year to $76.6 million, surpassing the consensus of $75.3 million. Revenue in the Americas region rose 14% Y/Y to $31.2 million, Europe, Middle East, and Africa (EMEA) region increased 23% Y/Y to $29.7 million, and Asia-Pacific (APAC) region declined 10% Y/Y to $15.7…

Benzinga

Global Maritime Drill to Support Security in the Middle East Kicks Off

The International Maritime Exercise (IMX/CE22) kicked off with the participation of the Egyptian Naval Forces and the Western Joint Forces Command. IMX/CE22 is one of the most extensive joint international maritime exercises globally and the largest in the Middle East, with the participation of 51 countries at the Joint Command…

Asharq Al-Awsat

Will Smith’s safe, sterile return to IG is a reminder of how shocking The Slap was

His first posts after apologizing for the slap are charming nonsequiturs — which is just how he’s always liked it.

Mic

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US general says Russia turmoil could spill to Middle East

The Army general tapped to take over as top U.S. commander in the Middle East is warning senators that if Russian invades Ukraine, it could create broader instability into the Middle East, including Syria

The Independent UK

AGCO Stock Surges On Q4 Beat, Solid FY22 Outlook

AGCO Corp (NYSE:AGCO) reported fourth-quarter net sales growth of 16.1% year-over-year to $3.16 billion, beating the consensus of $3.05 billion. Regional Sales: Europe/Middle East $1.8 billion (+4.3% Y/Y), North America $674.7 million (+39.1% Y/Y), South America $405.6 million (+51.6% Y/Y), Asia/Pacific/Africa $278 million (+15% Y/Y). Adjusted EPS improved to $3.08 from $1.54 in…

Benzinga

Saudi FM Meets with US Acting Assistant Secretary of State for Near Eastern Affairs

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah held talks in Riyadh on Monday with US Acting Assistant Secretary of State for Near Eastern Affairs, Yael Lambert. They reviewed the strategic and historical relations between Saudi Arabia and the United States and ways to strengthen them in all fields…

Asharq Al-Awsat

World Bank Suggests Pricing Cost of Air Pollution in the Middle East

A World Bank report suggests pricing the cost of air pollution and reforming fossil fuel subsidies and creating markets for emissions, along with offering cleaner transportation options in the Middle East. The human and economic cost of air pollution and degraded seas and coastlines is immense, estimated to be more…

Asharq Al-Awsat

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Thailand revamps Middle East strategy

After 32 years of frosty relations, the dramatic normalisation of Thai-Saudi diplomatic relations have far-reaching implications for both countries' diplomatic pathways in the world's most volatile region.

Bangkok Post

Uber’s Mideast Business Careem Looking to Fill over 200 Jobs, LinkedIn Post Says

Uber's Middle East business Careem said on Monday it was looking to fill more than 200 roles in the company, according to a LinkedIn post by the company. Careem said it was looking to fill jobs that spanned across the ride-hailing firm, "from engineers to data analysts, operations managers to…

Asharq Al-Awsat

UK-based financial tech firms won sevenfold funding rise last year to $37bn

KPMG data shows London fintechs received more investment than Europe, the Middle East and Africa

The Guardian - UK

Watch Martin Boyle net on Al Faisaly debut as former Hibs star makes immediate impact in Saudi Arabia

He's been handed the number nine in the Middle East and for good reason as Boyle took just 29 minutes to get off the mark.

Daily Record

As Mideast wars encroach on UAE, US gets drawn in

The wars of the wider Middle East that long surrounded the United Arab Emirates now have encroached into daily life in this U.S.-allied nation

The Independent UK

Netflix film Perfect Strangers challenges Middle East taboos

Netflix’s first Arabic movie quickly became the most watched on the streaming company’s website in the region.

Al Jazeera

Why is secular France doubling funding for Christian schools in the Middle East?

French President Emmanuel Macron announced this week that France would double financial support for Christian schools in the Middle East — a surprising decision for a country that prides itself on its secularism, which is baked into the country’s constitution. Experts, however, see Macron’s move as a wily attempt to…

France 24

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France 24

Inflation, exiting fossil fuels & navigating politics: The challenges facing the EBRD

For more than 30 years, the European Bank for Reconstruction and Development (EBRD) has been investing in countries in Central and Eastern Europe. It's since expanded into the Middle East, Central Asia and North Africa and has plans to move into Sub-Saharan Africa too. The EBRD's President Odile Renaud-Basso discussed…

Radio France Internationale

Macron steps up financial support for Christian schools in the Middle East

French President Emmanuel Macron has announced further funding to support Christian schools in the Middle East and renewed a pledge to protect heritage sites.

Reuters

Israel participates in huge U.S. Mideast naval exercise alongside Saudi, Oman

Israel is taking part in a huge U.S.-led naval exercise in the Middle East, for the first time publicly joining Saudi Arabia and Oman, two counties it has no diplomatic relations with despite its normalisation of ties with some Gulf states.

Asharq Al-Awsat

Saudi Aramco Buys 7.4% Stake in Norwegian Software Firm Cognite

Saudi Aramco has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP, Cognite said on Wednesday. The price for the stake was "around 1 billion Norwegian crowns," or about $113 million, an Aker BP spokesperson told Reuters, valuing Cognite at just over $1.5 billion.…

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Tribune News Service

Biden vows support after UAE intercepts latest incoming missile

WASHINGTON — U.S. President Joe Biden pledged support for the United Arab Emirates after it intercepted a ballistic missile fired by Yemeni fighters during a visit by Israel’s president, the third attack in a month on the Middle East’s financial hub.

Asharq Al-Awsat

Over 31 Million People Used Uber in Middle East Since its Launch

Uber, the global taxi-hailing app, revealed on Sunday that over 31 million riders took trips using the app since its launch in the Middle East and North Africa (MENA) region. According to the “Uber MENA: 2021 in Numbers” report, 703,000 drivers in Egypt, 530,000 in Saudi Arabia and 18,000 in…

Bangkok Post

Focus on chicken, halal for Saudi market

The Commerce Ministry is set to roll out export promotion plans for chicken and halal food to tap into the Saudi Arabia market after the Middle Eastern state last week restored full diplomatic relations with Thailand after a freeze for more than three decades.

Asharq Al-Awsat

Drone Race in the Middle East

Over the past two decades, the Middle East and North Africa (MENA) region has been characterized by deep divisions, political turmoil, and inadequate governance. Geopolitical competition and increased ambitions of some countries (Iran, Israel, Turkey) were reflected in bold and unilateral foreign policies that in many cases exceeded longtime restrictions…

Asharq Al-Awsat

White House Coordinator: US Is Never Going to Normalize Ties with Assad

The United States is "never going to normalize" relations with Damascus, White House Middle East coordinator Brett McGurk said on Thursday. In a virtual seminar with the Carnegie Endowment for International Peace, McGurk commented recent moves made by some countries in the Middle East to restore ties with Assad. "We…

Asharq Al-Awsat

Israel Says 'Almost Killed' Soleimani in Syria

Former Israeli Chief of Staff Gadi Eizenkot revealed that his army had "almost killed" commander of Iran's Quds Force Qassem Soleimani in Syria years before his was assassinated by the United States. In an interview with Israel's Maariv newspaper, he said his forces have carried out several operations against the…

Al Jazeera

US defence chief orders military to better protect civilians

Lloyd Austin’s memo comes amid condemnation of US drone attacks that killed civilians in Middle East, Afghanistan.

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