Iran rejects Israeli charges of attacks in Turkey

Media outlets in Turkey have reported the arrest of eight people allegedly working for an Iranian intelligence cell that planned to kill Israeli tourists in Istanbul. (Shutterstock)
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Updated 24 June 2022
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Iran rejects Israeli charges of attacks in Turkey

  • Israeli Foreign Minister on Thursday thanked Turkey for thwarting an alleged Iranian assassination plot against its tourists in Istanbul
  • Media outlets in Turkey have reported the arrest of eight people allegedly working for an Iranian intelligence cell

TEHRAN: Iran on Friday dismissed as “ridiculous” allegations by Israel’s foreign minister while on a visit to Ankara that the Islamic republic was planning anti-Israeli attacks in Turkey.
“The baseless allegations... are ridiculous and part of a pre-designed plot to destroy relations between the two Muslim countries,” foreign ministry spokesman Saeed Khatibzadeh said in a statement.
“It is expected from Turkey not to remain silent in the face of these divisive allegations,” he said.
Israeli Foreign Minister Yair Lapid on Thursday thanked Turkey for thwarting an alleged Iranian assassination plot against its tourists in Istanbul.
“We’re not only talking about the murder of innocent Israeli tourists, but also a clear violation of Turkish sovereignty by Iranian terror,” Lapid said.
Media outlets in Turkey have reported the arrest of eight people allegedly working for an Iranian intelligence cell that planned to kill Israeli tourists in Istanbul.
Iran and Israel have been engaged in a years-long shadow war but tensions have ratcheted up following a string of high-profile incidents that Tehran has blamed on Israel.
The Islamic republic has pointed at Israel for the killing of Revolutionary Guards Col. Sayyad Khodai at his Tehran home on May 22.
Two other senior Guard members have also died — one in a reported accident and the other in a shooting — in the past month.
The Revolutionary Guard, the ideological arm of Iran’s military, said Thursday it was replacing its veteran intelligence chief.
Khatibzadeh stressed that Iran would respond forcefully to “assassinations and acts of sabotage by the Zionist regime” but “without threatening the security of civilians and the security of other countries.”
Israel last week urged its citizens to leave Turkey because of the “real and immediate danger” coming from Iranian operatives.
It is still keeping Istanbul at its highest level of travel warning, while putting the rest of Turkey on the second-highest alert.


Oil Updates — Saudi Arabia crude oil supply to China to fall in Feb

Updated 2 min 36 sec ago
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Oil Updates — Saudi Arabia crude oil supply to China to fall in Feb

SINGAPORE: Oil prices were little changed on Thursday, with investors weighing firm winter fuel demand expectations against large builds of fuel inventories in the US, the world’s biggest oil user, and macroeconomic concerns.

Brent crude futures fell 6 cents to $76.1 a barrel by 10:27 a.m. Saudi time. US West Texas Intermediate crude futures fell 5 cents to $73.27.

Both benchmarks fell more than 1 percent on Wednesday as a stronger dollar, and the bigger-than-expected rise in US fuel stockpiles weighed on prices.

“The oil market is still grappling with opposite forces — seasonal demand to support the bulls and macro data that supports a stronger US dollar in the medium term ... that can put a ceiling to prevent the bulls from advancing further,” said OANDA senior market analyst Kelvin Wong.

JPMorgan analysts expect oil demand for January to expand by 1.4 million barrels per day year-on-year to 101.4 million bpd, primarily driven by “increased use of heating fuels in the Northern Hemisphere.”

“Global oil demand is expected to remain strong throughout January, fueled by colder-than-normal winter conditions that are boosting heating fuel consumption, as well as an earlier onset of travel activities in China for the Lunar New Year holidays,” the analysts said.

The market structure in the Brent futures is also indicating that traders are becoming more concerned about supply tightening at the same time the demand is increasing.

The premium of the first-month Brent contract over the six-month contract reached its widest since August on Wednesday. A widening of this backwardation, when futures for prompt delivery are higher than for later delivery, typically indicates that supply is declining or demand is increasing.

Nevertheless, official Energy Information Administration data showed rising gasoline and distillates stockpiles last week in the US.

The US dollar firmed further on Thursday, underpinned by rising Treasury yields ahead of US President-elect Donald Trump’s entrance into the White House on Jan. 20.

Looking ahead, WTI crude oil is expected to oscillate within a range of $67.55-$77.95 into February as the market awaits more clarity on Trump’s administration policies and fresh fiscal stimulus measures out of China, said OANDA’s Wong.

Meanwhile, Saudi Arabia’s crude oil supply to China is set to decline in February from the prior month, trade sources said on Thursday, after the kingdom hiked its official selling prices to Asia for the first time in three months. 


Saudi Industrial Production Index up 3.4% as output expands: GASTAT 

Updated 11 min 29 sec ago
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Saudi Industrial Production Index up 3.4% as output expands: GASTAT 

RIYADH: Saudi Arabia’s Industrial Production Index climbed 3.4 percent year on year in November to reach 103.8, driven by an uptick in mining and quarrying activities, official data showed. 

According to data from the General Authority for Statistics, the mining and quarrying sub-index recorded a 1.2 percent annual rise, underpinned by a modest increase in the Kingdom’s oil output, which grew to 8.93 million barrels per day in November from 8.82 million bpd in the same month of the previous year. 

Manufacturing activities also showed robust growth, expanding 7.2 percent year on year, driven largely by a 17.6 percent surge in the manufacture of coke and refined petroleum products. Additionally, the production of chemicals and chemical products rose 1.6 percent, while food manufacturing increased by 1.5 percent during the same period. 

This comes as Saudi Arabia emphasizes industrial production under Vision 2030, aiming to diversify its economy and reduce oil dependence by fostering growth in mining, manufacturing, and other non-oil sectors. 

The report noted a mixed performance in other sectors. The sub-index for electricity, gas, steam, and air conditioning supply fell by 2.1 percent year on year, while water supply, sewerage, waste management, and remediation activities surged 10.5 percent. 

The index for oil activities rose 3.8 percent in November compared to the same month in 2023, reflecting the increased output in the Kingdom’s mining sector. Meanwhile, non-oil activities grew 2.4 percent, buoyed by gains across most non-oil economic activities, except for the electricity and utilities sector, which posted declines. 

Despite the annual growth, the IPI fell 2.3 percent in November compared to October 2024. Mining and quarrying activities declined 0.5 percent month on month, while manufacturing contracted by 3.1 percent over the same period. 

The electricity, gas, steam, and air conditioning supply sub-index posted a steep 21.5 percent monthly drop, and water supply, sewerage, waste management, and remediation activities decreased by 4.7 percent. 

Oil activities fell by 2.1 percent month on month, while non-oil activities recorded a 2.7 percent decline in November compared to October. 

The mixed performance highlights the volatility in industrial activity, but the overall annual growth underscores progress in Saudi Arabia’s ongoing efforts to diversify its economy and reduce dependence on oil revenues. 


Four UAE teams among strong line-up for 24H Dubai race

Updated 13 min 32 sec ago
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Four UAE teams among strong line-up for 24H Dubai race

  • More than 70 teams are set to compete in the Jan. 11-12 event, which coincides with Dubai Autodrome’s 20th anniversary

DUBAI: Dubai Autodrome will welcome 70 race teams — including four UAE-based outfits — for this weekend’s milestone 20th Michelin 24H Dubai race.

The event, which will see some of the world’s top endurance drivers in action, coincides with Dubai Autodrome’s own 20th anniversary celebrations.

The season-opening 24HR Series will see its largest GT3 grids, with more than 30 teams taking to the track for the flagship competition on Jan. 11-12.

Among the UAE teams competing are Rabdan Motorsport, led by Emirati driver Saif Al-Ameri, who will be joined by teammates Fahad Al-Zaabi, Salem Al-Ketbi and Christopher Zoechling. Other UAE-based teams include Dragon Racing, Fulgenzi Racing and Duel Racing.

They will be part of a competitive grid which has attracted prominent names from the world of endurance motorsport. These include two-time World Rally Championship winner Kalle Rovanpera, former World Touring Car series champion Robert Huff and reigning Asian Le Mans Series GT winner Alex Malykhin. Also set to be behind the wheel are Oman’s Ahmad Al-Harthy, British Touring Car champion Jake Hill and Saudi Arabia’s first professional female racing driver Reema Juffali.

Indian actor Ajith Kumar, who has starred in more than 60 movies in the Tamil film industry, makes his return to motor racing with his own newly formed team, Ajith Kumar Racing.

Mixing with this elite field will be Dubai Autodrome’s very own Jamie Day, who has climbed through the ranks from karting to race in the GT3 category. The venue’s driving instructors, Axcil Jefferies (2021 edition champion), Mathieu Detry (GT AM 2024 champion) and Ramez Azzam are also set to line up on the track.

Since opening in 2004, the Dubai Autodrome has staged every edition of the 24H Dubai, with the event a key championship in the venue’s busy motorsport calendar.

General Manager Faisal Al-Sahlawi said: “This 2025 Michelin 24H Dubai event represents a significant moment as it is also part of Dubai Autodrome’s 20th anniversary celebrations. Since the lights first went out way back in 2006, this motorsport event has gone from strength to strength, creating wonderful memories to cherish. The fact we are staging the 20th edition of this flagship event, which has brought together some of the top names in motorsport, reaffirms how highly-regarded it is, both in the UAE and abroad.

“This competition has served as an important platform for UAE drivers and teams to get competitive experience against an international field that will help them in their development. In the past, we have seen many teams and drivers fly the UAE flag high by gaining podium finishes and we hope to see some of the participants follow in their footsteps.”

Off the track, the weekend includes a wide array of family entertainment and activities, including a cultural zone where visitors can explore the cultures of Africa, Asia, America and Australia, a kids’ zone and a car display.


Gaza rescuers say children among 12 killed in Israeli strikes

Updated 21 min 17 sec ago
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Gaza rescuers say children among 12 killed in Israeli strikes

  • Israeli air strikes and shelling continues across Gaza, even as mediators push on with their efforts to halt the fighting

GAZA STRIP, Palestinian Territories: Gaza’s civil defense agency said Israeli forces pounded the Palestinian territory on Thursday, killing at least 12 people including three girls, 15 months into the war.
The latest strikes came as Qatar, Egypt, and the United States mediate negotiations in Doha between Israel and Hamas militants for a deal to end the fighting in Gaza and secure the release of hostages.
Three girls and their father were killed when an air strike hit their house in Nuseirat refugee camp in central Gaza, the civil defense agency reported.
Local paramedic Mahmud Awad said he helped transfer the bodies of two girls and their father, Mahmud Abu Kharuf to a hospital.
“Their bodies were found under the rubble of the house that the occupation bombed in the Nuseirat camp,” Awad said. He added that the body of the third girl had been found earlier by residents.
In a separate strike, eight people were killed when their house was struck in the town of Jabalia in northern Gaza, where the army has focused its offensive since October 6.
Several more were wounded in that strike, the civil defense agency said.
Israeli air strikes and shelling continues across Gaza, even as mediators push on with their efforts to halt the fighting and secure a deal for the release of hostages still held in Gaza.
On Wednesday, US Secretary of State Antony Blinken said in Paris that a ceasefire was “very close.”
“I hope that we can get it over the line in the time that we have,” Blinken said, referring to President-elect Donald Trump’s inauguration on January 20.
But if not, “I believe that when we get that deal – and we’ll get it – it’ll be on the basis of the plan that President (Joe) Biden put before the world back in May.”
In May, Biden unveiled a three-phase plan for the release of the hostages and a ceasefire in Gaza.


Top fashion trends for 2025: From power suits to parachutes and animal print everything

Updated 19 min 13 sec ago
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Top fashion trends for 2025: From power suits to parachutes and animal print everything

DUBAI: From power suits to parachutes and animal print everything, Claire Carruthers looks at what this year’s Spring/Summer collections have in store 

Powder pink 

Rather than the bold Barbie-inspired hot pink trend of recent years, 2025 will see a softer, playfully versatile shade with greater staying power and easier wardrobe integration. Simone Rocha quashed any antiquated gender rules with a spring/summer collection that proposed relaxed tailoring for the boys in a subtle blush, while Alaïa presented cocoon candy floss pelts, shimmering oyster mesh dresses and puffy quilt skirts in the palest pink. Loewe subverted the norm and pink’s traditionally sweet associations with larger-than-life shapes and floral print bell-shaped dresses. The collective result suggests an air of both optimism and nostalgia — fashion simply made for embracing joy. 

A look by Carven. (Getty Images)

Working overtime  

If professional endeavours top your New Year resolutions lists, make sure your wardrobe complements your ambitions. Stride into boardrooms with cool self-assurance in sharp tailoring, served up best by Anthony Vaccarello’s outstanding SS25 collection for Saint Laurent (pictured): think iterations of statement suiting paired with leather bomber jackets or Wall Street trench coats — an Eighties power dressing redux complete with shirt, tie and oversized eyewear. At Bottega Veneta, silhouettes were languid and relaxed, tapping into one of the year’s most wearable micro trends: artful layering. Experiment with pants under asymmetrical wrap skirts, topped with tunic shirts or supersized suit jackets. Remember, new-look office wear aims for balance — masculine with feminine — and contrasting fabrications, always worn with confidence. 

Saint Laurent takes statement suiting to the next level. (Getty Images

 
Animal instincts  

While its cultural cachet may have fluctuated over time — from Hollywood starlet to gaudy, It-girl status, to sartorial sin and back again — animal print has remained a constant in fashion’s consciousness. Iconic moments made all the more memorable due to its presence include Naomi Campbell wearing head-to-toe leopard print in Guy Laroche’s autumn/winter 1991 show; Kate Moss showing the world how a leopard print coat can look great with just about anything; and Scary Spice claiming big cat prints as her girl-power signature. 2024 was a big year for leopard (the streets were flooded with the predatory motif), and for 2025, designers have added other abstract animal prints to the pack: see snake shift dresses, coats and bags at Dries Van Noten; zebra pencil skirts, loafers and mules at Jacquemus; and elevated spots on modern silks at Nanushka. 

A look by Tory Burch. (AFP)

Parachute parade 

From a palette inspired by light clouds set against a blue sky to swaths of dramatic drapery, fashion’s antidote to ‘hard times’ comes in the form of maximalist bubble-hem dresses and eclectic separates reminiscent of deployed parachutes. Unlike last year, which looked at the trend through an Eighties lens (puffballs galore), 2025’s offerings focus on shape and form, with outfits primed to inspire escapism and elation. Look to It brands such as Chloé, Issey Miyake (pictured), Loewe and Stella McCartney for ice-cream toned skirts and enveloping trains, flowing parka jackets, and plenty of exaggerated draping on maxi dresses. 

Issey Miyake's runway creation. (AFP)

Make mine a mocha  Pantone’s Color of the Year 2025 — Mocha Mousse — is a deliciously evocative brown that blends shades of toffee, cacao and coffee. Think of it as the perfect balance between comfort and luxury. Seasonless, genderless and a breeze to mix with existing pieces of your wardrobe (pair with pale yellow, or with other earth tones including burgundy and olive green), Mocha Mousse also taps into the ‘polished minimalism’ movement that has dominated runways over the past couple of years. For SS25, the shade was used by Tod’s, Max Mara and Hermès (pictured) via tonal tailoring, suede jackets and soft leather accessories. Pantone describes it as a reflection of our connection to the natural world, “infused with an inherent sophistication and earthy refinement.” 

For SS25, the shade was used by Tod’s, Max Mara and Hermès (pictured). (Getty Images)

Balance your checks 

Threatening to replace animal as the reigning print of 2025 is plaid, which may be synonymous with fall, but its presence in the spring collections takes on a contemporary charm. Acne (pictured) did it best via soft check blazers, bow-detail skirts paired with button-up shirts in contrasting colors and spliced maxi dresses overlayed with sheer white chiffon. Elsewhere, designers including Dior coupled checks with a throwback Nineties palette and styling — a nod to a rebellious Nirvana-inspired spirit, perhaps — or embraced a classic, sophisticated tweed (Chanel). Looking for something to pair with slouchy denim? Take your cue from Bottega Veneta and add an over-oversized check shirt. 

Threatening to replace animal as the reigning print of 2025 is plaid. (Getty Images)

Luck be a lady 

The jacket silhouette and twee signatures that Chanel (pictured) has held strong for decades serve as a foundation for this year’s ladylike look. Faux-fur coats and polka dot twinsets (Valentino), retro chunky stripes (Max Mara) and pussy bow blouses (Louis Vuitton) signal a return to refinement — just add a modern pillbox hat (Chloé, Marni and Loro Piana), a top-handle bag, a feather or lace collar, gloves and peep-toe heels (although not all at once). While SS25’s ladylike look may nod to a 1950’s tradwife uniform, this is clothing designed through a thoroughly modern gaze — a nuanced interpretation with an intangible coolness.  

The jacket silhouette and twee signatures that Chanel (pictured) has held strong for decades serve as a foundation for this year’s ladylike look. (AFP)

Elevated athleisure 

Luxury fashion and sportswear brands began collaborating in the Eighties and ever since have enjoyed a mutually beneficial relationship, thriving through traded creativity and profitability. Almost every season, designers offer a new spin on athleisure and SS25 is no exception. Anoraks, parkas and hoodies were everywhere on the runways, often paired with a cocktail dress (Prada, Rabanne), or something equally elevated. The high-low contrast will be key this year. At Dior, Maria Grazia Chiuri wanted to emphasize intention and function when it comes to dressing, and reinvented various pieces from the house’s archive in a way that allows the wearer to move freely. Think of a luxury take on leotards, tracksuits and relaxed tailoring. 

Ralph Lauren is known for its athleisure. (AFP)