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Over more than a decade, the founder and CEO of the messaging app Telegram has amassed various different citizenships

Hezbollah, which has been trading fire with Israel since the start of the war in Gaza on Oct. 7 between Israel and Iran-backed Hamas. Hezbollah launched hundreds of rockets and drones against Israel on Sunday in retaliation for the assassination of a commander in Beirut, the Iranian-backed movement said. The Israel military said it had thwarted a much larger attack with pre-emptive strikes.

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drone strike in northwestern Syria on Friday killed a Saudi militant from an al-Qaida-linked group as he was riding on a motorcycle, the U.S. military and a war monitor said. The strike in the Jabal al-Zawiya area of the opposition-held Idlib province was carried out by a U.S.-led coalition that was established years ago to fight the militant Islamic State group. The U.S. military has carried out a series of attacks over the past several years targeting al-Qaida-linked militants in northwestern Syria.

X’s self-proclaimed role as a guarantor of free speech means that we should know which outside entities and which foreign governments may be able to exert influence on the company. After Elon Musk formally rebranded Twitter as X in 2023, the names of the shareholders who helped finance the enormous $44 billion acquisition have been made public more than a year later by a federal court order. These names include music mogul Sean Diddy Combs and the founder and former CEO of the social media platform, Jack Dorsey. Also Read :Musk's own AI system creates video of him and Trump committing armed robbery

IMF's approval. Finance Minister Muhammad Aurangzeb and his team had a virtual meeting with Dr Adnan Chilwan, Group CEO of Dubai Islamic Bank, on Thursday, the Dawn newspaper reported on Friday. On Wednesday, a similar interaction was held with Mashreq Bank President and Group CEO Ahmed Abdelaal. Both meetings had been arranged to «discuss the economic outlook and explore investment opportunities in Pakistan». For the current fiscal year, Pakistan has pitched about USD 20 billion in foreign borrowing in the budget, besides another USD 3 billion rollover from the UAE that was reported separately for the balance of payments. With this much borrowing, Pakistan's reserves are estimated to grow to about USD 19-20 billion by the end of the current fiscal year.

July 2024, engineering goods exports to countries like the US, UAE, Saudi Arabia, and Singapore witnessed a positive growth whereas exports to countries like Bangladesh and Russia experienced a decline during this period, according to latest data released by Engineering Exports Promotion Council (EEPC). Among the 25 major destinations for Indian engineering goods, exports showed growth in 10 countries, while 15 countries experienced a decline. The top 25 countries contribute 75.5% of total engineering exports to the country, said EEPC in a statement . At $1.5 billion, engineering goods exports to the US recorded 4.2% year-on-year growth in July this year. Engineering exports to the UAE stood at $625.78 million in July this year, up 65.6% year-on-year. The exports to Saudi Arabia rose 9.2% year-on-year to $412.30 million in July this year.

Cristiano Ronaldo's Al Nassr FC will play Al-Raed in the Saudi Pro League opening match of the season on Thursday. The new season of the 18-team league is starting on August 22 and will culminate in May, 2025. Portuguese soccer star Ronaldo's Al Nassr FC vs Al-Raed soccer match is scheduled to kick off at 2 pm (ET). The football game between Al Nassr FC vs Al-Raed will be live telecast on Fubo which offers free trial. Cristiano Ronaldo is lining up for another Saudi Pro League season with the main aim of helping Al-Nassr end the dominance of Riyadh rival Al-Hilal. Ronaldo signed for Al-Nassr in December 2022 and has yet to win a domestic trophy with the club. In a social media post this week, he wrote: New season, same goal.

BP’s chief economist Spencer Dale has said. “Most of the consensus for next year is that oil demand will continue to grow. But many also point to strong growth in non-OPEC supply, with many of those scenarios suggesting the growth in non-OPEC supply will largely meet the growth in overall demand,” said Dale. “And that means the scope for OPEC to bring back production is likely to be relatively limited.” OPEC+, a grouping of nearly two dozen countries led by Saudi Arabia and Russia, has kept its production artificially low, keeping a record 5.8 million barrels per day of supply off the market. It plans to return these supplies to the market, starting October.

Azerbaijan has formally applied to join the BRICS group of developing economies, a day after Russian leader Vladimir Putin’s visit to the oil-rich South Caucasus country to shore up regional ties and secure Moscow’s under-pressure trade routes

19-year-old Chinese-American pilot who is on a worldwide mission to raise funds for childhood cancer research is preparing to land at the Indira Gandhi International Airport in Delhi next week in pursuit of a world record of flying solo to all seven continents. Ethan Guo, born in Tianjin and resident in Florida, developed a passion for aviation at the age of 13 and has since amassed over 700 flight hours. His 'Flight Against Cancer' Guinness World Record attempt mission began in Geneva, Switzerland, to cover over 50,000 miles with more than 75 take-offs and landings across 60 countries — with India scheduled for next week. «The trip has been challenging, but when you care about something, you give it your all and fight for it,» Guo told PTI in a statement from Saudi Arabia.

fuel has provoked no end of excitement. From the deserts of Australia and Namibia to the wind-blasted straits of Patagonia, companies and governments worldwide plan to build almost 1,600 plants to make it. The gas can be produced cleanly by using wind- or solar-powered electricity in a process that splits the molecule from water. There’s only one problem: The vast majority of those projects don’t have a single customer stepping up to buy the fuel. Among the handful with some kind of fuel purchase agreement, most have vague, nonbinding arrangements that can be quietly discarded if the potential buyers back out. As a result, many of the projects now touted with great fanfare by countries vying to become “the Saudi Arabia of hydrogen” will likely never get built. Just 12% of hydrogen plants considered low-carbon because they avoid natural gas or mitigate emissions have customers with agreements to use the fuel, according to BloombergNEF. The media could not be loaded, either because the server or network failed or because the format is not supported.

Saudi Crown Prince Mohammed bin Salman has expressed deep concerns about his personal safety in pursuing normalization with Israel as reported by Politico. During discussions with U.S. lawmakers, MBS reportedly conveyed that he fears for his life if he advances with the agreement without securing significant concessions for Palestinians.

China emerged as the fastest-growing economy and became the second-biggest economy of the world after the US. But, it seems that the success story is coming to an end, at least for the time being. After registering a negative Foreign Direct Investment last year, investors have pulled a record £12bn out of China, reports 'The Telegraph'. It may prove to be a severe economic blow for the Communist Party of China-led government and President Xi Jinping.

Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.

Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed. Oil inventories are currently depleting as a result of peak summer driving demand, but should stabilize in the final quarter of the year, the Paris-based agency said in a report. That would likely tip into an overhang if the OPEC+ cartel presses ahead with provisional plans to bring back idled output starting in October, the report indicated. Oil consumption in China, the biggest importer, fell for a third month in June, the IEA said.

Voltas on Monday posted a 160% year-on-year (YoY) jump in consolidated net profit to Rs 335 crore for the June quarter of FY25. It had clocked Rs 129 crore profit in the year-ago period. The company's income from operations increased 47% YoY to Rs 4,904 crore versus Rs 3,335 crore in the corresponding period of the preceding fiscal.

Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia, the State Department said on Friday, reversing a three-year-old policy to pressure the kingdom to wind down the Yemen war. The State Department was lifting its suspension on certain transfers of air-to-ground munitions to Saudi Arabia, a senior department official confirmed. «We will consider new transfers on a typical case-by-case basis consistent with the Conventional Arms Transfer Policy,» the official said. Reuters was first to report the decision earlier, citing five sources.

Embraer is in talks with the government and top conglomerates to set up a manufacturing unit in India, a top executive said. However, progress will depend on the company’s jets gaining access to India’s large and rapidly expanding domestic market, dominated by Airbus and Boeing planes. India is among countries such as China, Turkey, Japan and Saudi Arabia with which the firm is discussing a possible partnership, said Arjan Meijer, CEO and president of Embraer’s commercial aviation business. “We have been vocal for the last couple of years that we are looking for a partner,” Meijer told ET. “We have always said we want to cooperate, but we also want to bring our products into the market.”

Stocks that traded heavily or had substantial price changes on Tuesday: CSX, Caterpillar rise; ZoomInfo, Teradata fall