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The Latest Breaking News from Middle East

Kellogg Co (NYSE:K) reported a fourth-quarter FY21 sales decline of 1.3% year-on-year, to $3.42 billion, beating the analyst consensus of $3.39 billion. Q4 sales were negatively affected by lapping an extra week in the year-earlier period. Adjusted EPS of $0.83 beat the analyst consensus of $0.79. Kellogg North America's sales decreased 3%, Europe…

Benzinga

Germany’s FM to Visit Israel, Ramallah to Bolster Peace Process

Germany’s Foreign Minister Annalena Baerbock hopes to revitalize the Middle East peace process that has laid mostly dormant since 2014. She will kick off on Thursday a three-day visit to Israel and the Palestinian territories, Jordan and Egypt. The agenda includes a visit to the Yad Vashem Holocaust memorial that…

Asharq Al-Awsat

As Iran nuclear talks enter final stretch, opposition grows in US

Intensifying US debate over Iran nuclear agreement shows that reviving the pact is ‘in sight’, analysts say.

Al Jazeera

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Biden speaks with Saudi king to discuss Iran, Yemen, energy supplies

U.S. President Joe Biden and King Salman of Saudi Arabia spoke in a call on Wednesday and discussed developments in the Middle East, including in Iran and Yemen, the White House said in a statement.

Reuters

How our Stone Age ancestors tried to colonise western Europe 10,000 years earlier than previously thought

The nature of the flint tool technology found in the cave has led the archaeological investigators to conclude that the colonists or their parents or grandparents had travelled to France from the Middle East

The Independent UK

Child’s tooth ‘earliest known evidence of modern humans in western Europe’

The discovery of the molar was made in a cave – known as Grotte Mandrin – in France’s Rhone Valley.

The Independent UK

Abu Dhabi’s AD Ports Eyes Trade Routes, Acquisitions

Abu Dhabi's AD Ports Group (ADPORTS.AD) plans to develop extensive trade corridors connecting the United Arab Emirates, with the Middle East, the subcontinent, Africa and elsewhere, executives said on Tuesday, following its share listing. AD Ports Group, controlled by state investor ADQ, made its debut on the Abu Dhabi bourse…

Asharq Al-Awsat

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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

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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Bangkok Post

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.

Asharq Al-Awsat

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…

The Guardian - UK

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

Daily Record

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.

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The Independent UK

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

Al Jazeera

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.

France 24

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

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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