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Edward Finkelstein

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Cameroon to crack down on gold smuggling routed to the UAE

United Arab Emirates

Cameroon to crack down on gold smuggling routed to the UAE

Cameroon says it will tighten controls on artisanal and small-scale gold mining from January 2026, aiming to curb smuggling that officials say is siphoning off revenues in a sector with significant potential but no operating industrial gold mines.

Nvidia puts Israel at the centre of its next AI platform

Israel

Nvidia puts Israel at the centre of its next AI platform

At CES in Las Vegas, Nvidia CEO Jensen Huang unveiled the company’s next AI computing platform, Vera Rubin, and highlighted that a significant part of its performance depends on technology developed in Israel.

Bank of Israel unexpectedly cuts interest rate

Israel

Bank of Israel unexpectedly cuts interest rate

The Bank of Israel’s Monetary Committee, chaired by Governor Prof. Amir Yaron, cut the benchmark interest rate from 4.25% to 4% in a move that surprised most economists, who had expected policy to remain unchanged. 

Ma’aden, Hancock form Saudi gold exploration JV

Saudi Arabia

Ma’aden, Hancock form Saudi gold exploration JV

Saudi Arabian Mining Co. (Maaden) and Australia-based Midana Exploration Pty Ltd, part of Hancock Prospecting, have formed a joint venture to accelerate mineral exploration across Saudi Arabia, with initial work set to target the Nabita–Ad-Duwayhi Gold Belt after winning exploration licenses from the Ministry of Industry and Mineral Resources.

Startup hub opens near Lebanon border

Israel

Startup hub opens near Lebanon border

A new innovation and entrepreneurship hub is set to open next month in northern Israel near the Lebanon border, as local organizers push to rebuild the region’s economy after months of disruption and evacuation linked to the war.

Israeli special forces nab Islamic Jihad operative

Israeli special forces nab Islamic Jihad operative

In a precision operation conducted deep within Gaza City, Israeli special forces have reportedly apprehended a high-ranking Palestinian Islamic Jihad (PIJ) member linked to the kidnapping of an Israeli citizen.

Sacra to launch Dubai’s first Russian-style bathhouse

United Arab Emirates

Sacra to launch Dubai’s first Russian-style bathhouse

Dubai’s wellness scene is about to get a major new player. Sacra, a Russian-inspired bathhouse and spa backed by Bulldozer Group, is preparing to open in Jumeirah with an ambitious promise: a ritual-led recovery destination that blends old-world bathing traditions with modern wellness tech.

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