Houthi-struck oil tanker could spill ‘million barrels,’ US warns

This image grab from a video released on August 23, 2024 by Yemen’s Houthi Media Center, shows what they say is the Greek-owned oil tanker Sounion which they reportedly hit by three projectiles on August 21, 2023. (AFP/Handout/Ansarullah Media Center)
This image grab from a video released on August 23, 2024 by Yemen’s Houthi Media Center, shows what they say is the Greek-owned oil tanker Sounion which they reportedly hit by three projectiles on August 21, 2023. (AFP/Handout/Ansarullah Media Center)
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Updated 25 August 2024
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Houthi-struck oil tanker could spill ‘million barrels,’ US warns

Houthi-struck oil tanker could spill ‘million barrels,’ US warns
  • The Greek-flagged Sounion was struck on Wednesday off the militia-held port city of Hodeidah

WASHINGTON: The United States warned Saturday of a potential environmental disaster in the Red Sea after Houthi militia struck an oil tanker off the Yemeni coast.
The Greek-flagged Sounion was struck on Wednesday off the militia-held port city of Hodeidah, with the Iran-backed Houthis claiming to have hit the vessel with drones and missiles.
On Friday, the UKMTO maritime agency said three fires had been spotted on the ship, while a video released by the Houthis on social media allegedly showed three explosions on the ship.
The 274-meter long vessel had departed from Iraq and was destined for a port near Athens, carrying 150,000 tons of crude oil.
“The Houthis’ continued attacks threaten to spill a million barrels of oil into the Red Sea, an amount four times the size of the Exxon Valdez disaster,” US State Department Matthew Miller said Saturday in a statement.
The Exxon Valdez spill in 1989 released 257,000 barrels along the coast of Alaska.
“While the crew has been evacuated, the Houthis appear determined to sink the ship and its cargo into the sea,” Miller said.
The Sounian’s crew of 23 Filipinos and two Russians were rescued by a ship with the European Union’s Aspides mission.
The naval mission also warned the unmanned vessel represented “a navigational and environmental hazard.”
The Houthis launched their campaign against international shipping in November, saying it is in support of Gaza amid the Israel-Hamas war.
In March, the Belize-flagged, Lebanese-operated Rubymar became the first ship targeted by the Houthis to sink during the conflict.
The Rubymar sank in the Red Sea with 21,000 metric tons of ammonium phosphate sulfate fertilizer on board.
The Liberian-flagged, Greek-owned bulk carrier Tutor also sank in June after being struck by the Houthis.
Multiple sailors have also been killed or wounded in the attacks, which have severely disrupted global shipping.
“Through these attacks, the Houthis have made clear they are willing to destroy the fishing industry and regional ecosystems that Yemenis and other communities in the region rely on for their livelihoods,” Miller said Saturday.
“We call on the Houthis to cease these actions immediately and urge other nations to step forward to help avert this environmental disaster,” he added.


Vance calls for greater ties with India, hails progress on trade talks

Vance calls for greater ties with India, hails progress on trade talks
Updated 11 sec ago
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Vance calls for greater ties with India, hails progress on trade talks

Vance calls for greater ties with India, hails progress on trade talks
  • “I believe there is much that India and America can accomplish together,” Vance said
  • The Trump administration “seeks trade partners on the basis of fairness and shared national interest

NEW DELHI: US Vice President JD Vance on Tuesday called for enhanced engagement with India and said that the South Asian country should buy more defense equipment and energy from the US and allow Washington greater access to its market, lending momentum to an expected bilateral trade deal.
Vance, who is on a four-day visit to India, said that he and Prime Minister Narendra Modi made progress on trade talks during their discussions on Monday, and confirmed that both sides had finalized the terms of reference for the trade negotiation — a vital step toward setting the road map for the final agreement.
India and the US hope to seal a bilateral trade agreement this year and have set an ambitious target of more than doubling their bilateral trade to $500 billion by 2030. If achieved, the trade deal could significantly enhance economic ties between both countries and potentially strengthen diplomatic ties as well.
“I believe there is much that India and America can accomplish together,” Vance said at an event in the western city of Jaipur, where he, his wife Usha Vance and their three children were on a sightseeing tour.
Vance’s first visit to New Delhi came amid the backdrop of US President Donald Trump’s partially-paused tariff program against most countries, including India. Earlier this month, Trump announced a 90-day pause in which imports from most countries would face a baseline 10 percent tax so that there was time to hold talks and possibly structure broader deals.
The trade negotiations are especially urgent for India and could help New Delhi avoid sharp US tariffs. Meanwhile, the Trump administration has portrayed its strategy of tariffs as forcing negotiations that could limit the reach and influence of China, the world’s dominant manufacturer and New Delhi’s main rival in the region.
At the event, Vance sought to assuage fears over Trump’s tariff decisions and said his administration was seeking to rebalance global trade so that the US, with friends like India, can build a better future. He said that trade relations must be based on fairness.
“I come here with a simple message,” Vance said. The Trump administration “seeks trade partners on the basis of fairness and shared national interest. We want to build relationships with our foreign partners who respect their workers.”
Vance said that he was in India to strengthen ties between both nations, and criticized previous governments for looking at New Delhi as a cheap source of labor.
“I believe that if India and the United States work together successfully, we are going to see a 21st century that is prosperous and peaceful,” he said, adding that if this didn’t happen, it would mean a “dark time for all humanity.”
Washington has long sought to develop a deeper partnership with New Delhi, which is seen as a bulwark against China. Modi has established a good working relationship with Trump, and the two leaders are likely to further boost cooperation between their countries.
Modi was also among the first leaders to visit the US and hold talks with Trump that kickstarted a negotiation process to minimize the possible fallout of Trump’s tariffs. The two leaders also said they planned to grow their defense partnership.
India is a close partner of the US and is part of the Quad, which is made up of the US, India, Japan and Australia, and is seen as a counterbalance to China’s expansion in the region. It is also a major defense partner of the US, a status only enjoyed by some of the closest allies of Washington.
In line with Trump’s push for supplying more military equipment to India, Vance said Washington was seeking greater collaboration with New Delhi for the sale of advanced military gear, as well as coproduction. He also pitched Washington’s fifth-generation stealth fighter to India.
“F-35 will help protect your people like never before,” he said.
Over the past several decades, India has been largely dependent on Russian weapons, fighters and military equipment, but has gradually started diversifying its purchase basket from countries such as the US, France and the UK
In recent years, India has embedded advanced American jets, helicopters, missiles and other equipment into its armed forces and the two countries have announced plans to sign a 10-year framework later this year to further strengthen the defense partnership.


Red Sea Film Foundation announces mentorship program with Spike Lee

Red Sea Film Foundation announces mentorship program with Spike Lee
Updated 13 min 36 sec ago
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Red Sea Film Foundation announces mentorship program with Spike Lee

Red Sea Film Foundation announces mentorship program with Spike Lee

DUBAI: Academy Award-winning filmmaker Spike Lee – known for films like “Malcolm X” and “BlacKkKlansman” – is teaming up with Saudi Arabia's Red Sea Film Foundation to launch the brand new Director’s Program.

The initiative will bring together 15 selected filmmakers for a “one-of-a-kind, intimate and inspiring mentoring experience” with Lee, according to an Instagram post from the foundation.

Taking place from April 30 to May 3, the program offers emerging directors from the Middle East and Asia a rare opportunity to learn from one of the most influential voices in cinema.

Applications are open until April 24.


Tarjama launches Arabic.AI based on model that outperforms GPT-4o in Arabic

Tarjama launches Arabic.AI based on model that outperforms GPT-4o in Arabic
Updated 33 min 3 sec ago
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Tarjama launches Arabic.AI based on model that outperforms GPT-4o in Arabic

Tarjama launches Arabic.AI based on model that outperforms GPT-4o in Arabic
  • Arabic-first large language model is said to outperform industry leaders on key benchmarks
  • Software understands “nuances of Arabic across multiple dialects and contexts,” founder says

RIYADH: In a market saturated with English-first large language models, Tarjama is flipping the narrative.

The UAE-based technology company today launched its Arabic.AI platform, based on the Pronoia V2 Arabic-first large language model that it claims has outscored industry leaders ChatGPT, DeepSeek and Cohere on key Arabic benchmarks.

Designed to process Arabic with near-human understanding, Pronoia touts itself as a tool for a range of uses including legal analysis, translation and proposal writing.

“It was a big surprise for us that this small model for specific niche tasks, can be better than (ChatGPT) 4o,” Andrii Klyman, senior AI product manager at Tarjama, told Arab News at a recent event in Riyadh.

Founder Nour Al-Hassan in a statement: “For too long, Arabic has remained an afterthought in the global AI landscape,

“We’ve built something fundamentally different—an autonomous system that actually understands the nuances of Arabic across multiple dialects and contexts.”

In testing, Pronoia V2 achieved an average score of 76.8 percent across Arabic language benchmarks, outperforming GPT-4o by more than 18 percentage points.

While the model can handle multilingual text, its strength lies in high-context Arabic. Tarjama has already developed several applications on top of it, including a spell-checker, legal contract analyzer, and its most recent interface, Arabic.AI — a tool for business users.

In one live demo, the system restructured an Arabic contract and highlighted risks based on local law.

In another, a user uploaded a PowerPoint file, and the system not only translated the slides but reversed their direction — adapting layout and language simultaneously.

A third version, Pronoia V3, is now in testing. Tarjama says it will deliver even stronger performance across Arabic dialects and achieve a COMET score above 94 — a key benchmark for translation quality.

Tarjama’s push to dominate Arabic AI is both technical and cultural. For years, the Arabic language has been underserved by leading AI tools, which often fail to understand its grammar, dialects, or even its script direction. Pronoia, by contrast, was purpose-built to fill that gap.


Closing Bell: Saudi main index rebounds to close at 11,586

Closing Bell: Saudi main index rebounds to close at 11,586
Updated 17 min 56 sec ago
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Closing Bell: Saudi main index rebounds to close at 11,586

Closing Bell: Saudi main index rebounds to close at 11,586

RIYADH: Saudi Arabia’s Tadawul All Share Index rebounded on Tuesday, as it gained 37.74 points or 0.33 percent to close at 11,586.40. 

The total trading turnover of the main index was SR5.41 billion ($1.44 billion), with 101 stocks advancing and 136 declining. 

The Kingdom’s parallel market, Nomu, edged down by 1.24 percent to close at 28,281.76. 

The MSCI Tadawul Index gained 8.09 points to 1,474.60. 

The best-performing stock on the benchmark index was Saudi Fisheries Co. The firm’s share price increased by 10 percent to SR112.20. 

The share price of AlJazira REIT also rose by 9.91 percent to SR15.52. 

Alistithmar AREIC Diversified REIT Fund also saw its stock price increase by 9.90 percent to SR8.77. 

Conversely, the share price of Jahez International Co. for Information System Technology declined by 3.33 percent to SR27.55. 

On the announcements front, Aldrees Petroleum and Transport Services Co. revealed that its net profit for the first quarter of this year reached SR100.1 million, representing a rise of 29.32 percent compared to the same period in 2024. 

Compared to the fourth quarter of 2024, Aldrees’ net profit increased by 6.94 percent. 

In a press statement, Aldrees attributed the rise in profit to higher sales from the company’s petrol and transport division. 

The share price of Aldrees edged up by 1.81 percent to SR135. 

In a Tadawul statement, the Saudi National Bank said that its net profit for the first three months of this year witnessed a year-on-year rise of 19.48 percent to reach SR6.02 billion. 

The financial institution said that the rise in profit was driven by a 7.56 percent rise in operating revenue during the first quarter compared to the same period of the previous year. 

The stock price of SNB increased by 3.98 percent to SR35.25.

Al Rajhi Bank said that its net profit for the first quarter of this year reached SR5.9 billion, representing a rise of 34.07 percent compared to the same period in 2024. 

In a Tadawul statement, the bank added that its total operating revenue for the first three months of this year stood at SR9.2 billion, marking a 27.26 percent year on year rise. 

Al Rajhi Bank’s share price increased by 0.41 percent on Tuesday to reach SR98. 


South Sudan opposition says under fresh govt military attack

South Sudan opposition says under fresh govt military attack
Updated 34 min 5 sec ago
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South Sudan opposition says under fresh govt military attack

South Sudan opposition says under fresh govt military attack
  • “The South Sudan People’s Defense Forces has attacked Panyume cantonment site,” Gabriel said
  • “Clashes are still ongoing and details will follow later“

JUBA: South Sudan’s opposition accused government forces of attacking one of its military positions in Central Equatoria State on Tuesday as their fragile power-sharing agreement continues to unravel.
Central Equatoria State, which includes the capital Juba, was split into areas controlled by government and opposition forces under a 2018 power-sharing deal that ended South Sudan’s five-year civil war, in which an estimated 400,000 people died.
The agreement brought President Salva Kiir and his long-time rival, Vice President Riek Machar, together in a unity government.
But the deal has been unraveling in recent months as Kiir moves to sideline Machar, who was placed under house arrest last month.
“The SSPDF (South Sudan People’s Defense Forces) has attacked Panyume cantonment site from multiple directions this morning,” opposition party spokesman Lam Paul Gabriel said on Facebook.
“Clashes are still ongoing and details will follow later,” he added.
Facing sustained attacks on its positions, the opposition forces commander directed his troops to prepare for conflict, according to another statement by Gabriel on Tuesday.
“Lt. Gen. Peter Thok Chuol hereby directs all sectors, divisions and all units of the SPLA-IO (Sudan People’s Liberation Army in Opposition) to be vigilant and promptly defend themselves and the civilians under their control areas,” he said.