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Business

Section
Tourists shift from U.S. to Europe as spending surges
Europe set for 11% rise in tourist spending, WTTC report says

MADRID, Spain: Europe's tourism sector is poised for a strong 2025, with international visitor spending projected to grow by 11 percent...

Tough competition, weak economy hits European investments in China
European firms cut spending amid economic slowdown in China

BEIJING, China: European companies are spending less and cutting back on investment plans in China because the Chinese economy is slowing...

Elf beauty buys Hailey Bieber's Rhode in $1 billion Deal
Hailey Bieber sells makeup brand Rhode to Elf Beauty for $1 billion

LOS ANGELES, California: Model Hailey Bieber's skincare and makeup brand, Rhode, is being bought by Elf Beauty for around US$1 billion....

Airbus delivery delays now stretch to 2028, airlines warned
Airbus tells airlines to expect jet delivery delays into 2028

PARIS, France: Aircraft delivery delays at Airbus are now expected to stretch into 2028, as the European planemaker continues to grapple...

GameStop makes $513 million bitcoin bet in digital asset shift
GameStop buys $513 million in bitcoin to fuel crypto strategy

GRAPEVINE, Texas: GameStop has taken a significant step into the world of cryptocurrencies, revealing this week that it has purchased...

US housing outlook dims as buyers await lower rates, BofA finds
Uncertainty hits US homebuyers as mortgage rates climb again

NEW YORK CITY, New York: Rising mortgage rates and economic uncertainty are leaving many Americans unsure about whether to buy a home—just...

Middle East

Section
Dozens dead as Israeli military opens fire on starving Gazans
Israeli Tanks fire on Gazans seeking aid, 32 killed, over 200 injured

GAZA - At least 32 Palestinians were killed and more than 200 wounded after Israeli forces opened fire on crowds waiting for food at...

Critics warn Erdogan’s plan may extend rule beyond 2028
Erdogan launches legal team to draft new Constitution

ANKARA, Turkey: Turkish President Recep Tayyip Erdogan said this week that he has appointed a group of legal experts to begin drafting...

55th Watch and Jewellery Middle East Show concludes with 87000 visitors
55th Watch and Jewellery Middle East Show concludes with 87000 visitors

SHARJAH, 2nd June, 2025 (WAM) -- Expo Centre Sharjah concluded the 55th edition of the Watch and Jewellery Middle East Show on Sunday,...

Ministry of Economy awards second collective music management licence to Music Nation
Ministry of Economy awards second collective music management licence to Music Nation

ABU DHABI, 2nd June, 2025 (WAM) -- The UAE Ministry of Economy granted its second collective music management licence to 'Music Nation'...

UAE deposits instruments of accession to Beijing Convention and 2010 Protocol to strengthen global aviation security
UAE deposits instruments of accession to Beijing Convention and 2010 Protocol to strengthen global aviation security

MONTREAL, 2nd June, 2025 (WAM) -- The United Arab Emirates has officially deposited its instruments of accession to the Beijing Convention...

SYRIA-DAMASCUS-STOCK EXCHANGE-TRADING-RESUMPTION
SYRIA-DAMASCUS-STOCK EXCHANGE-TRADING-RESUMPTION

(250602) -- DAMASCUS, June 2, 2025 (Xinhua) -- A man takes a photo of the trading screen inside the Damascus Securities Exchange in...