Author: Editorial Team

GEORGETOWN, GUYANA — Saudi Arabia has launched the “Caribbean Maritime Transport Sustainability” project to support 14 Caribbean countries. The initiative, launched in cooperation with the International Maritime Organization (IMO), was announced during the Fifth Regional Meeting of Directors and Heads of Maritime Administrations in Georgetown, Guyana. The project aims to strengthen maritime legislation and regulatory frameworks across the Caribbean region. Beneficiary countries include Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago. Spanning two years, the project seeks to enhance policy alignment…

BELGRADE — Expo 2030 Riyadh has partnered with Expo 2027 Belgrade to exchange expertise and knowledge ahead of hosting the Kingdom’s first World Expo. The agreement, signed during an official ceremony in the Serbian capital of Belgrade, will enable both parties to share insights, experiences, and best practices in planning, operational readiness, event management during the Expo period, and the development of sustainable post-Expo legacies. The partnership is designed to strengthen institutional capabilities and foster continuous dialogue between the two organizing bodies as they prepare to host their respective expos. Under the agreement, representatives from both organizations will take part…

BERLIN — A problem with a communications system forced Germany’s railway network to halt all trains late on Tuesday, leaving passengers stranded across the country. All trains in Germany were “immobilized at stations” due to a breakdown in the railway radio communication systems, national rail operator Deutsche Bahn said. Deutsche Bahn said shortly before 1 am local time — nearly three hours after it first reported the outage — that the problem had been resolved and service was resuming “step by step.” Trains were held at stations and would-be travellers stood in long lines at information desks as they tried…

 The Future of Media Exhibition (FOMEX 2027), held as part of the Saudi Media Forum from February 1–3, 2027, in Riyadh, is witnessing unprecedented international interest, with more than 500 local and international companies have expressed interest in participating and showcasing their latest innovations and technological solutions in the media and communications sector. FOMEX is one of the largest specialized media industry exhibitions in the region, bringing together leading global companies, media and technology organizations, innovators, content creators, and industry pioneers under one roof. The exhibition serves as an interactive platform showcasing the latest developments in media technologies, digital transformation, artificial…

Virgin Media O2 recently announced its plans to begin its 2G network switch-off in Summer 2029, joining its industry rivals in setting a date to wind down the legacy technology. Its timeline is similar to that of the country’s other operators, with BT expecting to begin deactivating 2G in May 2029 and VodafoneThree set to turn off its last sites in Spring 2030. All three operators have signed a voluntary government charter for retirement of the technology. Commitments in that document include undertaking a gradual process starting in trial areas, thorough testing, and work to aid migration of IoT devices…

As the Gulf region continues to diversify its economies through tourism, hospitality and real estate development, international investors are increasingly turning their attention to Oman, a country widely regarded as one of the Middle East’s most promising emerging tourism destinations. Among the latest investors to strengthen their presence in the Sultanate is Christopher Aleo, Chief Executive Officer of iSwiss Hedge Fund, who has announced a significant new hospitality investment in Salalah, located in Oman’s southern Dhofar region. The project will consist of a luxury resort extending across approximately 206,000 square metres and occupying a coastal site exceeding 30 hectares. According…

WASHINGTON — US President Donald Trump and Vice President JD Vance said the interim US-Iran deal to end the war will deliver a financial windfall to American farmers. A tentative agreement reached last week would reopen the Strait of Hormuz, through which a fifth of the world’s oil and natural gas once passed, and allow Iran to start selling its oil freely again during a 60-day period when the two countries will continue negotiating key issues. The memorandum of understanding also promised to unfreeze Iranian assets. Trump said Iranian funds that are being unfrozen will be used to buy food,…

BEIRUT — Lebanese President Joseph Aoun on Tuesday rejected Israel’s continued occupation of Lebanese territory as a new round of Lebanon-Israel negotiations got under way in the United States. “We will accept nothing less than the end of the Israeli occupation and the elimination of all forms of external tutelage, because our only choice is national sovereignty,” Aoun said during a meeting with Lebanese Army Commander Rodolphe Haykal and members of the advisory team accompanying the Lebanese delegation participating in the talks in Washington. According to a statement released by Lebanon’s presidency, the meeting reviewed the outcomes of the fifth…

Saudi Arabia ranked ninth globally in the Auditing and Accounting Practices indicator in the IMD World Competitiveness Yearbook 2026, reflecting the impact of the professional and institutional transformation the Saudi accounting sector has witnessed over the past decade in line with Saudi Vision 2030. This progress is the result of a comprehensive reform journey covering more than 300 reforms, including 128 substantive reforms, 86 consequential reforms, 71 procedural reforms, and 16 legislative reforms, contributing to developing the professional environment and enhancing the quality of accounting and auditing practices. The Kingdom adopted 128 international standards, making it the only country in the Middle…

Reflection AI has reportedly signed a computing power deal with SpaceX. This move makes the open-source start-up the latest outside company to tap Elon Musk’s Colossus infrastructure. CNBC reported Reflection will get access to Nvidia’s GB300 chips, the company’s top-tier hardware for training and running advanced AI models, housed at SpaceX’s Colossus 2 facility in Memphis, Tennessee. Reflection agreed to pay SpaceX $150 million per month starting 1 July through 2029, with total payments reaching roughly $6.3 billion if the agreement runs its full term. Either party can terminate the contract with 90 days’ notice after the first three months.…