US officials have slowed the issuing of licenses to chipmakers such as Nvidia Corp. and Advanced Micro Devices Inc. for large-scale AI accelerator shipments to the Middle East, according to people familiar with the matter, while officials conduct a national security review of AI development in the region. It’s unclear how long the review will … Read more
Israeli forces have killed at least 50 Palestinians in aerial and ground bombardments across the Gaza Strip and battled in close combat with Hamas-led militants in areas of the southern city of Rafah. Israeli tanks on Thursday advanced in Rafah’s southeast, edged towards the city’s western district of Yibna and continued to operate in three … Read more
People should pay attention to the events in the Middle East from a humanitarian perspective but disregard them as investors, according to author Nassim Taleb. “I would say to investors to basically ignore what’s going on in the Middle East and as an individual to worry,” the “Black Swan” author told CNBC’s Kelly Evans during … Read more
The President of Islamic Republic of Iran Seyyed Ebrahim Raisi during the meeting with Secretary-General Antonio Guterres UN Headquarters. Lev Radin | Lightrocket | Getty Images The sudden death of Iranian President Ebrahim Raisi in a helicopter crash plunges Tehran into fresh uncertainty at a time when it already faces deep economic decline, popular discontent, … Read more
An Adelaide man has launched a project supporting girls in Afghanistan to receive an education in secret because of the country’s current restrictions on women. Erfanullah (Erfan) Abidi and his family fled Afghanistan in 2021 when western forces withdrew from the country and the Taliban recaptured the capital, Kabul, after a two-decade insurgency. Former Afghan … Read more
The US military has finished installing a floating pier for the Gaza Strip, with officials poised to begin ferrying badly needed humanitarian aid into the enclave besieged over seven months of intense fighting in the Israel-Hamas war. The final, overnight construction on Thursday sets up a complicated delivery process more than two months after US … Read more
Saudi Aramco’s first-quarter net profit fell 14% year-on-year amid lower oil prices and production. Net income for the three months up to March 31 came in at $27.3 billion, down from $31.9 billion for the same period last year, the company reported. The figure was in line with analyst expectations, according to Reuters. Aramco announced … Read more
A former military lawyer who helped expose allegations of war crimes by leaking classified documents is asking a judge for leniency but prosecutors want him to spend at least two years behind bars. David McBride pleaded guilty to three offences including stealing commonwealth information and passing it onto journalists. Justice David Mossop heard arguments in … Read more
Children stand outside their tents at a camp set up for people displaced from Khan Yunis and areas north of Rafah, in the southern Gaza border city with Egypt on Feb. 15, 2024, amid continuing battles between Israel and the Palestinian Hamas movement. Mohammed Abed | Afp | Getty Images Israel’s military on Monday said … Read more
A general view of the city skyline at sunset from Dhow Harbour on February 5, 2015 in Abu Dhabi, United Arab Emirates. Dan Kitwood | Getty Images DUBAI — Abu Dhabi artificial intelligence firm Presight bought a 51% stake in AIQ, a joint technology venture between the Abu Dhabi National Oil Company (ADNOC) and G42, … Read more
