The heat, floods and fire we don’t hear enough about

All these calamities are part of a constellation of extreme weather events that paint a picture of a world that’s already warmed 1.2°C from pre-industrial times

In pictures: Eid Al Adha celebrations across the world

The Muslim festival of Eid Al Adha is being observed amidst Covid-19 restrictions in many countries

American father-son duo sentenced to jail for helping Carlos Ghosn escape

Michael Taylor, 60, received a sentence of two years and his 28-year-old son, Peter Taylor, was handed a 20-month sentence

Low-budget games steal spotlight at annual video game convention E3

This year’s online-only event was much quieter, with many hot releases delayed as a result of the pandemic

Haiti president Jovenel Moise

Haiti’s President Moise assassinated in night attack on his home

First Lady Martine Moise was injured and is in the hospital

Racing for hydrogen: How gas giants are vying to stay relevant

Clean hydrogen could meet a quarter of the world’s energy needs by 2050

US issues new UAE travel advisory

The CDC issued a Level 4 Travel health notice for the UAE on Monday

Tesla dealt big blow as almost all cars in China need safety fix

In most cases, the fix should be able to be made remotely with an online update to the cars’ active cruise control feature

Bosch picks Hartung as new CEO to tackle industry transformation

Bosch’s long-time chief financial officer Stefan Asenkerschbaumer will become supervisory board chairman

Brent oil edges above $75 as investors assess tightening market

Brent oil has rallied more than 40 per cent this year as a strong rebound from the pandemic in the US, China and Europe underpins increasing fuel consumption

Saudi destroys 17 armed drones launched by Houthis

The Houthis have been frequently targeting the kingdom with explosive-laden drones in recent weeks

Global power grids pushed to breaking point

The extreme weather highlights the real world impact of climate change

PALESTINIAN-ISRAEL-GAZA-CONFLICT

Israel conducts air strikes in Gaza as new violence flares

The conflict in May killed more than 250 Palestinians and 13 people in Israel

Oil rallies to 32-month high as rising demand emboldens bulls

The US benchmark is on course for a fifth quarterly advance, which would be the best run since 2010

Netanyahu’s reign over as Israel ushers in fragile government

The new coalition will govern with the slimmest majorities – commanding 61 of parliament’s 120 seats

Armed drone from Yemen lands on school in Saudi’s Asir

No injuries were reported in the incident

Facebook says it will expand remote work to all employees

Facebook also is expanding the number of workers who are allowed to move to other countries

UAE to extend ban on passengers from India until July 6 – airline

The carrier advised affected passengers to reschedule their tickets

Making strides to diversify and enrich the region’s cloud services market

Events of the last year have focused the spotlight on the benefits of cloud-based solutions

Climate change responsible for 37% of heat-related deaths – study

The paper shows that the level of warming varies across the globe

UAE-Japan

UAE, Japan to launch business council

Japan is ranked tenth globally among the list of countries investing in the UAE

Abu Dhabi’s ADQ is said to eye stake in top Egyptian dairy firm

Deliberations are in the early stages and there’s no certainty ADQ will proceed with any transaction

Oil steady near highest since 2018 with Saudis upbeat on demand

Oil is up 40 per cent this year as the recovery from the pandemic in the US, China and parts of Europe boosts the outlook for fuel consumption

Oil declines with return of Iranian supply hanging over market

OPEC+ ministers are due to meet June 1 to consider the state of the market and the group’s production policy

Iran bans Bitcoin mining, echoing China, after blackouts

The ban is effective immediately and will last until September 22

Dubai investment firm FIM Partners considers raising SPAC

EFG Hermes agreed to buy a stake in FIM Partners in 2017

Egypt’s sovereign fund, EFG Hermes partner to acquire control of Arab Investment Bank

The transaction will be structured as a capital increase that will raise the paid-in capital of the bank to EGP5bn

Oil steady near $65 as investors weigh near-term demand outlook

Oil has managed to break out from a tight range near $60 a barrel and resume its upward momentum

Egypt’s ‘lost city’ may be new boon for tourism

The discovery of a 3,000-year-old city may just be the impetus required for Egypt’s tourism

In pictures: Eid Al Fitr celebrations across the world

Eid Al Fitr, which marks the end of the holy month of Ramadan, was celebrated across the world in a subdued manner due to the Covid-19 pandemic