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Stay up to date with world news through Asharq Al-Awsat. We provide you with the latest breaking world news to keep you informed on the global situation.
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News
HSBC's 1st Female CFO Pam Kaur to Step Down in 2027
2+ day, 11+ hour ago (1604+ words) HSBC Chief Financial Officer, Pam Kaur, plans to step down in 2027, the latest high-profile executive departure at the Asia-focused lender. Kaur will not stand for re-election as a director at the lender's 2027 annual general meeting, the bank said on Thursday,…...
Gulf Tourist Arrivals Top 75 Million in 2025
2+ day, 6+ hour ago (1592+ words) More than 75 million tourists visited Gulf Cooperation Council countries in 2025 as the region’s tourism sector continued to expand, recording an annual growth of 4.8%. Around 20 million tourists also traveled between GCC states during the year, up 3.6% from 2024, highlighting the growing appeal…...
Saudi Arabia Shields Supply Chains with National War-Risk Insurance Pool
2+ day, 9+ hour ago (1612+ words) Trade can grind to a halt before ports close or shipping lanes are blocked. Disruption can begin elsewhere, when cargo or vessels become too costly or difficult to insure, or when markets are unable to provide adequate coverage for war-related…...
Abu Dhabi Flights to Red Sea International Airport Launch October 4
2+ day, 11+ hour ago (942+ words) Red Sea Global has announced the launch of scheduled flights connecting Abu Dhabi with Red Sea International Airport from October 4. The inaugural flight will depart from Zayed International Airport on Sunday, October 4, 2026, with a weekly service every Sunday. From October…...
Turkish Central Bank Keeps Key Interest Rate at 37%
2+ day, 11+ hour ago (942+ words) Türkiye's central bank left its key interest rate at 37% on Thursday, as expected, keeping it unchanged for a fifth consecutive meeting as it continues to monitor the inflation impact of the Iran war. The central bank said recent indicators suggested…...
How a Billion-dollar Sanctions Dodge Kept Chinese Goods Flowing to Iran
2+ day, 19+ hour ago (1654+ words) Iran has used a barter-like arrangement to bypass sanctions on its oil sales and buy billions of dollars’ worth of goods from China, including military gear, two senior Iranian sources and three other people familiar with the matter told Reuters....
American Eagle Sticks to Annual Sales Forecast Again, Shares Slump
2+ day, 20+ hour ago (1448+ words) American Eagle Outfitters on Wednesday reiterated its annual comparable sales forecast, as the apparel maker sees persistent pressure on seasonal categories in its namesake brand amid choppy discretionary spending. Shares of the company, which said it expects current-quarter gross margin…...
‘Disciplined Pricing’: Saudi Arabia Tightens Motor Insurance Oversight, Protects Competition
2+ day, 18+ hour ago (1711+ words) Saudi Arabia’s Insurance Authority is tightening oversight of motor insurance pricing to ensure rates are fair, sound and sustainable, while curbing practices that could undermine competition. It has also introduced six regulatory standards for motor insurance pricing, requiring insurers to…...
Washington Supports Deeper Security, Economic Cooperation with Algeria
2+ day, 21+ hour ago (1441+ words) Senior Adviser to the US President for Arab and African Affairs Massad Boulos has stressed that Washington “supports deeper security cooperation” with Algeria. In a statement published by the US embassy in Algiers on its Facebook page, Boulos said he…...
China's DeepSeek launches V4.1-Flash model
2+ day, 20+ hour ago (1181+ words) Chinese artificial intelligence startup DeepSeek on Thursday launched DeepSeek-V4.1-Flash, which the company said is the smallest model in its new architecture family, according to a statement. The release came as the company is starting to prepare for an initial…...