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MUST-READS

  • A deal between Israel and Hamas appears to be taking shape. What would it look like?

    Israel and Hamas are inching toward a new deal that would free some of the roughly 130 hostages held in the Gaza Strip in exchange for a weekslong pause in the war, now in its fifth month. U.S. President Joe Biden says a deal could go into effect as early as Monday, ahead of what is seen as an unofficial deadline — the start of the Muslim holy month of Ramadan, around March 10. A deal would bring some respite to desperate people in Gaza, who have borne a staggering toll, as well as to the anguished families of Israeli hostages taken during Hamas’ Oct. 7 attack that sparked the war.

  • World Economy Has Growing Chance of Soft Landing, G-20 Says

    The global economy has a growing chance of pulling off a soft landing, finance chiefs said in a draft of the G-20’s closing statement at this week’s meeting in Brazil, citing faster-than-expected disinflation as one of the upside risks. “We note that the likelihood of a soft landing in the global economy has increased,” said the draft communique dated Feb. 23, seen by Bloomberg News. “Risks to the global economic outlook are more balanced. Upside risks include faster-than expected disinflation.”

  • The UAE and the Red Sea Security Crisis

    Over the last two decades, the UAE has steadily expanded its control over ports, logistics hubs, and military bases in Yemen and East Africa and has supported armed groups that help it project political influence in those locations. DP World, a Dubai-based multinational logistics company, has been a “driving force” of this emerging empire. Cutting ties with Israel over Gaza, the UAE fears, could threaten its expansionist project.

  • Opinion: Israel Is Losing Its Greatest Asset: Acceptance

    I’ve spent the past few days traveling from New Delhi to Dubai and Amman, and I have an urgent message to deliver to President Biden and the Israeli people: I am seeing the increasingly rapid erosion of Israel’s standing among friendly nations — a level of acceptance and legitimacy that was painstakingly built up over decades. And if Biden is not careful, America’s global standing will plummet right along with Israel’s.

  • F1 returns to beIN Sports in Middle East with 10-year deal

    Qatar's beIN Sports has agreed a 10-year-deal to broadcast Formula One exclusively across the Middle East, North Africa and Turkey, both parties announced on Wednesday ahead of the Bahrain season-opener. The pay-TV broadcaster held the rights until the end of the 2018 season, when it decided not to renew as a consequence of piracy in the region. A 'BeoutQ' channel had emerged in 2017 after Saudi Arabia and its allies launched a diplomatic and trade boycott of Qatar, accusing the tiny Gulf state of supporting terrorism, which Doha denied.

  • What Does A Family Office In The Middle East Look Like?

    The Middle East is a region boasting a significant population of ultra-high-net-worth (UHNW) individuals and families. In 2022 alone, the Middle Eastern region hosted 6,000 UHNW individuals with a combined net worth of USD$995 billion. This staggering wealth has also fostered the growth of Family Offices, entities that are dedicated to serving UHNW families in the region.

  • UN says 16.7m Syrians need humanitarian aid

    He pointed out that the earthquake in Turkiye was one of the most severe earthquakes the world has seen in a century, noting that the disaster claimed the lives of thousands of people in both Turkiye and Syria. However, he pointed out that the impact of the earthquake was much greater in Syria due to the ongoing civil war, emphasising the need to rebuild basic services and shelters.

  • US expected to reduce forces near Middle East by removing Marine rapid response force from Mediterranean Sea

    A Marine rapid response force is expected to leave the eastern Mediterranean Sea in the coming weeks and return to the United States, according to two defense officials, in a significant reduction of US forces in the region. The USS Bataan amphibious ready group and the 26th Marine Expeditionary Unit (MEU) are expected to begin sailing toward the US in March, one official said, though an exact timeline for the departure is unclear. The Pentagon could still decide to keep the group in the region if the situation rapidly deteriorates.

  • The Danger of Regional War in the Middle East

    How far a ceasefire in Gaza would go to calm the region is unclear, but while Israel’s assault on the strip persists, the risks of all-out war or other growing instability remain high. The mass expulsion of Palestinians from Gaza into Egypt would almost certainly inflame Middle East tensions further, as would stepped-up Israeli military and settler action in the occupied West Bank and East Jerusalem during Ramadan in March and April.

  • Saudi eyeing PL stars, including De Bruyne, Salah – source

    A source told ESPN that there will also be a push to sign younger players, including Juventus' 20-year-old forward Matìas Soulè. Sources in Saudi Arabia are not expecting top-flight teams to match their record £757 million ($957m) spend from 2023 but insist this summer's transfer strategy will be equally aggressive and the outlay on player fees is set to be significant.