Gulf News, Latest Middle East News Headlines & Live News Updates - Times of India
Saudi Arabia has accumulated a stake in electric carmaker Tesla for about $2 billion through its Public Investment Fund and aims to be part of any investor pool that emerges to take the company private. That’s on top of a $3.5 billion investment in ride-sharing company Uber, a $45 billion commitment to SoftBank Group’s $100 billion technology fund and a planned investment of about $1 billion in Virgin Group’s space companies.
Egypt and the United Nations have been trying to mediate a long-term truce between Israel and Hamas, the Islamist group that rules Gaza, following a spike in cross-border violence in the past few months. The two leaders discussed the easing of an Israeli-Egyptian blockade of Gaza, rehabilitation of its infrastructure and terms for a ceasefire, the Channel Ten report said.
The new missile's range was not given, but previous versions had a range of around 200 to 300 kilometres, according to the US-based Center for Strategic and International Studies. US officials told Fox News last week that a "Fateh-110 missile" was test-fired by Iran during naval exercises in the Strait of Hormoz last week.
The Muslim Brotherhood was designated a terrorist organisation in Egypt in December 2013, after the military ousted Islamist president Mohamed Morsi in July of that year in the wake of mass protests against his rule. An Egyptian court Sunday sentenced to life in prison the Muslim Brotherhood's supreme guide, Mohamed Badie.
The death of Abdullah al-Qatati along the border in southern Gaza came amid heightened tensions, a day after a deadly flare-up between the Israeli army the territory's Islamist rulers Hamas. Thursday had seen extensive Israeli air strikes on Gaza in retaliation for the launching of more than 180 rockets and mortar rounds by Hamas and its allies on Wednesday night.