Amazon in talks to buy Israeli start-up Annapurna Labs: newspaper
U.S. tech giant Amazon is in talks to buy Israeli chipmaker Annapurna Labs for up to $370 million, financial newspaper Calcalist reported on Thursday.
Middle East
Dubai Struggles to Bounce Back After United Arab Emirates Floods Delayed Airport Flight Schedules
Dubai's major airport announced on Friday that it will limit the number of flights arriving for the next two days as it works to remove a three-day backlog caused by a record storm in the UAE.
Dubai's 'Apocalyptic' Superstorm Strikes World's Busiest Airport After Historic Rainfall Causes Flood Chaos, Cancelled Flights
Tragically, there has been a loss of life due to the heavy rain and flooding that has caused widespread disruption in Dubai...
Indian Firms Exporting to the Middle East See Their Shares Plummet After Iran's Recent Attacks on Israel
India's tea and rice exporters to the Middle East saw their stock values collapse on worries of logistical issues and higher costs due to geopolitical tensions...
Major Arab Airlines Cancel Some of Their Flights After Iran’s Retaliatory Attack on Israel
Several major Arab airlines have been forced to cancel their flight schedules over the weekend following Iran's strikes on Israel...
Iran's Currency, Rial, Drops to Record Low Against US Dollar After Retaliatory Attack on Israel
Rial, the currency of Iran, experienced a historic low against the US ...
Israel Shuts Down Airspace as Preparation for Defense Against Iran's Drone Attack
The conflict between Iran and Israel has intensified, with Iran launch...
Latest News
Dropbox buys U.S.-Israeli mobile document firm CloudOn
Online document-sharing company Dropbox has acquired U.S.-Israeli CloudOn, a developer of tools to simplify creating and editing documents on mobile devices, the companies said on Wednesday.
Oil slips $1 on China economy worries, record Iraq output
Brent crude oil prices fell below $49 a barrel and U.S. crude also fell more than $1 on Monday after the global economic outlook darkened and Iraq announced record oil production.
Iran sees no OPEC shift toward a cut, says oil industry could withstand $25 crude
Iran sees no sign of a shift within OPEC toward action to support oil prices, its oil minister said, adding its oil industry could ride out a further price slump to $25 a barrel.
Venezuela, Iran plea for oil cut hits Gulf OPEC brick wall
A diplomatic push by Venezuela and Iran for an OPEC oil output cut has failed to soften the refusal of the group's Gulf members to do so for now, delegates said on Monday.
Iran vows to help Venezuela to stem oil price fall
Iran's supreme leader Ayatollah Ali Khamenei told Venezuela's president on Saturday he backed coordinated action between Tehran and Caracas to reverse a rapid fall in global oil prices which he descri
Bureaucracy delaying Qatar Airways launch in Saudi: CEO quoted
Complicated bureaucracy is delaying the launch of Qatar Airways' domestic operations in Saudi Arabia, and they are now expected to start in six to 18 months, the airline's chief executive was quoted a
Libya pays heavy economic price as fighting takes toll
The central bank is burning through its foreign reserves and many government services are being cut as Libya reels under the effects of a collapse in oil revenues caused by factional fighting that thr
Iran says Saudi Arabia should move to curb oil price fall
Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world's biggest crude exporter, takes action to reverse the slump, Iran's deputy foreign minister told Reut
Fire at Libyan oil port destroys up to 1.8 million barrels of crude
A fire raging for almost a week at Libya's biggest oil port of Es Sider has destroyed up to 1.8 million barrels of crude and damaged seven storage tanks, causing total damage of $213 million, a top oi
