Geostrategy
We oppose expansion of settlements in West Bank: State Dept
The US has said that it opposed Israel’s plans to build new settlements in occupied Palestinian territories after Israeli officials...
- The State Department’s deputy spokesperson, Jalina Porter, said that the US was aware of Israel’s decision to advance new West Bank settlements to May 12
- Israeli officials told Biden administration officials that if no new building was approved in the settlements, the government could collapse
Business
Saudi Arabia okays six tourism projects worth $400 million
Saudi Arabia has okayed six tourism projects to the tune of $400 million in the first quarter of 2022.
- Saudi Arabia’s Tourism Development Fund, on its official Twitter account, stated that it launched three main programs
- The fund also concluded partnerships and agreements with the Ministry of Culture, the Cultural Development Fund, Radisson Blu and Deutsche Hospitality
Business
Sharjah Ramadan Festival concludes with over AED250m in sales
The event drew a huge number of shoppers and visitors of different nationalities driven by the great deals, promotions and...
- The event drew a huge number of shoppers and visitors of different nationalities driven by the great deals, promotions and discounts that met their needs
- Over 2,000 shops participated in the festival, offering a wide range of products in all cities and regions of Sharjah with discounts of up to 75 percent on the most popular fashion
Geostrategy
Lebanon explores defense ties with Qatar
C1, geostrategy, Lebanon, gratitude, Qatar, support, the Lebanese Army, Minister of National Defense, Maurice Sleem, Qatari Ambassador to Lebanon, Ibrahim...
- Minister of National Defense, Maurice Sleem, on Friday welcomed Qatari Ambassador to Lebanon, Ibrahim bin Abdulaziz Al-Sahlawi
- Sleem thanked Qatar for its "permanent support for Lebanon and the Lebanese Army, which reflects the depth of the brotherly relationship that unites Lebanon and Qatar."
Economy
Lebanon expat voters’ turnout in Arab countries and Iran reaches 36.43%
The election is expected to be a referendum on the country’s ruling class, which is widely blamed for the economic...
- A total of 11,268 Lebanese in Arab countries and Iran voted in the election of the country on Friday
- This raised the overall turnout of expatriates in the country’s presidential poll to 36.43 percent
Business
Saudi Arabia to attract $32bn investment in mining sector
The investment is expected to be made in nine new projects across the country.
- The projects are aimed at supporting supplies of mineral products to local and international markets
- The ministry is currently studying 145 applications for exploration licenses from foreign companies
Geostrategy
Jordan king meets US military officials in Tampa
The meetings covered means of enhancing military and defense cooperation between Jordan and the United States.
- The meetings covered means of enhancing military and defense cooperation between Jordan and the United States
- Discussions also addressed regional and international efforts to fight terrorism within a holistic approach
Jordan’s central bank raises interest rate ‘to curb inflationary pressures’
The Central Bank of Jordan (CBJ) on Thursday decided to increase the interest rate on its various monetary policy instruments...
- The bank also decided to extend the bank’s refinancing program that targets 10 sectors of economy.
- It decided to keep the refinancing programs’ interest rates unchanged to stand at 1 per cent for projects located in Amman and 0.5 per cent for projects in other governorates.
Economy
190k tourists visit Jordan during Eid al-Fitr, says official
Jordan witnessed active tourist movement during the vacation, Ministry of Tourism and Antiquities spokesperson Ahmad al-Rifae said.
- Jordan witnessed active tourist movement during the vacation, Ministry of Tourism and Antiquities spokesperson Ahmad al-Rifae said.
- The country prepared shift programs in archaeological and public sites, and provided services to tourists and visitors during their stay
Economy
Turkey sees April inflation hit 69.97%, near 20-year high
Turkey is experiencing the highest inflation among major emerging markets and industrialized G20 economies.
- The inflation rate rose from 61.1 percent in March
- On a monthly basis, prices rose by 7.25 percent
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
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Business
ADIB enables digital solutions to support UAE IPOs’ push
ABU DHABI, UAE - Abu Dhabi Islamic Bank (ADIB) announced that its retail customers were able to conveniently participate in...
Business
Third Saudi Cruise Season begins as MSC Splendida arrives in Yanbu Port
Riyadh, Saudi Arabia--- Yanbu Commercial Port has officially kickstarted the third edition of the Saudi cruise season by berthing MSC...
Business
Abu Dhabi Airports announces 4.7m passenger traffic in Q3 2022
ABU DHABI, UAE - Abu Dhabi Airports Monday said that in Q3 2022 passenger traffic totaled 4.7 million passengers, a...
Business
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Economy
Qatar’s records trade balance surplus of $6.8 billion in Oct 2022
Doha, Qatar---Qatar's merchandise trade balance recorded a surplus of QR 25.1 billion ($6.8 billion) in October this year, an increase...
- The trade balance, which is the difference between total exports and imports, however, decreased by 6 billion riyals, or 19.2 percent, compared to September 2022.
- Merchandise imports increased to about QR 12.9 billion, an increase of 45 percent compared to October 2021, and an increase of 14.3 percent compared to September.
Geostrategy
Tehran protests after US football body posts modified Iran flag
Iran has seen more than two months of demonstrations sparked by the death in custody of 22-year-old Kurdish-Iranian woman Mahsa...
- Iran will face the United States in their final Group B game on Tuesday, when a win would put them through to the last 16
- Iran's supreme leader Ayatollah Ali Khamenei said Saturday that negotiating with the United States would not put an end to the "troubles"
Geostrategy
Turkish, Egyptian ministers to meet to build ties: Erdogan
Erdogan and Egypt's President Abdel Fattah al-Sisi shook hands last week in Qatar, signalling a fresh beginning in their ties.
- Erdogan and Egypt's President Abdel Fattah al-Sisi shook hands last week in Qatar, signalling a fresh beginning in their ties
- Relations between Ankara and Cairo have been strained ever since Mohamed Mursi of the Muslim Brotherhood, who was firmly backed by Erdogan