Kuwait
Kuwait intercepts missile and drone attacks, authorities say
Kuwait's army said on Thursday that its air defences were intercepting hostile missile and drone threats, but did not say where they were coming from.
The Starbucks chain announced that it has begun laying off workers at its branches in the Middle East, after the brand found itself a target for pro-Palestinian activists since the start of the war in Gaza.
Starbucks branches throughout the area belong to the Kuwaiti Alshaya Group © Mena Today
The Starbucks chain announced that it has begun laying off workers at its branches in the Middle East, after the brand found itself a target for pro-Palestinian activists since the start of the war in Gaza.
Starbucks branches throughout the area belong to the Kuwaiti Alshaya Group, a private family company that holds franchises for a variety of Western companies, including H&M and Shake Shack.
"As a result of the continuously challenging trading conditions over the past six months, we have made the sad and very difficult decision to reduce the number of employees at our Starbucks stores," Alshaya said in a statement.
The company declined to answer questions about the number of laid-off workers, but according to Reuters it is more than 2,000 out of about 19,000, most of whom are foreign workers from Asian countries.
Kuwait's army said on Thursday that its air defences were intercepting hostile missile and drone threats, but did not say where they were coming from.
In the middle of a regional war, drone attacks, Hezbollah threats and grinding geopolitical uncertainty, Israel's shekel is doing something unexpected: it is surging. And that is becoming a serious problem.
The UAE economy has demonstrated remarkable resilience in the face of global geopolitical turbulence and is set for continued robust growth in the years ahead, driven by the sectors shaping tomorrow's economy, digital infrastructure, artificial intelligence, sustainability and transformation.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.