The armed groups clashing with Hamas in Gaza
Shortly after a ceasefire took effect in Gaza, clashes erupted between armed groups, some backed by Israel and others loyal...
Geostrategy
Trump heads to Asia and high-stakes meeting with Xi
US President Donald Trump embarks on a major trip to Asia this week with all eyes on a meeting with...
Geostrategy
Geostrategy
Quran set alight at protest outside Sweden parliament
Two men set the Quran alight outside parliament in Stockholm at a protest similar to previous ones that have sparked...
- Sweden has already seen its diplomatic relations with several Middle Eastern nations strained over previous protests involving Quran desecrations.
- Swedish police have previously stressed they only grant permits for people to hold public gatherings and not for the activities conducted during the events.
Business
National Leasing’s profits hit $2.37m
A jump of 28 percent in net profit vis-a- -vis H1 2022.
- National Leasing Holding was established in 2003
- It was listed on QSE in 2003 with a capital of $135.9 million.
Lebanon’s central bank chief to end term with no successor
Lebanon's deeply divided political class has failed to agree on a replacement for Salameh, 73, creating another power vacuum in...
- Salameh has for two years been the subject of judicial investigations at home and abroad into allegations including embezzlement and money laundering, charges which he denies
- Lebanon's central bank chief Riad Salam is wanted in France and Germany, and Interpol has issued a Red Notice for his arrest, but Lebanon does not extradite its nationals
Iran to ‘pursue rights’ over disputed gas field, also claimed by KSA, Kuwait
Earlier this month, Kuwait had invited Iran for another round of maritime border talks after Tehran said it was ready...
- The offshore zone of the resource-rich Gulf, known as Arash in Iran and Dorra in Kuwait and Saudi Arabia, has long been a focal point of contention between the three countries
- Kuwait and Saudi Arabia, who share some maritime gas and oil resources, last year signed an agreement to jointly develop the field despite objections from Iran
Geostrategy
Rival Palestinian factions form ‘reconciliation committee’
The reconciliation effort is designed to bridge the gap between the parallel governments of Hamas in the blockaded Gaza Strip...
- Haniyeh earlier called on Abbas to end "security collaboration" with Israel and "political arrests", according to participants at the meeting
- On Sunday, Haniyeh called for "the restructuring of the Palestine Liberation Organization", the umbrella institution promoting Palestinian statehood
Geostrategy
Six killed in Palestinian refugee camp in Lebanon clash
The fighting between Fatah and Islamists in the camp, which erupted overnight and subsided by the evening, killed a Fatah...
- Fatah in a statement confirmed the death of commander Ashraf al-Armouchi and four of his "comrades" during a "heinous operation"
- The Palestinian presidency in a statement denounced the "heinous massacre and terrorist assassination" of the Fatah members
Iraq and Kuwait seek to solve contested border issue
The de facto land and maritime borders between the neighbouring states were established by the United Nations in 1993, three...
- After meeting his Kuwaiti counterpart, Iraqi Minister said that during their talks "the emphasis was placed on resolving the border issues"
- Iraqi Foreign Minister Fuad Hussein told reporters the border talks would "continue through various technical committees"
Arts & Culture
Egypt energy-saving measures evoke satirical reaction among citizens
Sweltering without air conditioning during the day and plunged into darkness at night, many Egyptians have responded with anger and...
- After 11 days of daily blackouts, Prime Minister Mostafa Madbouli ordered civil servants to work from home once a week.
- He announced scheduled power outages at least through August, and proposed other solutions to Egypt's energy crisis.
Geostrategy
UAE urges collective action for sustainable development at G20 ministers meeting in India
DUBAI, UAE – UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri highlighted the importance of collective...
- The UAE minister called upon G20 countries to fulfil their commitment to providing the pledged financial support for global climate initiatives.
- She said that is only by collective action that the global community can achieve the worldwide emission reduction target.
Business
Dubai Customs clears TIR carnet transactions worth US$38.7m
DUBAI, UAE - Dubai Customs has, to date, processed 214 customs transactions worth US$38.7 million (AED142.2 million) under cover of...
- Goods shipped under cover of the internationally accepted customs transit document do not require inspection at border crossings while in transit.
- It provides a financial guarantee to pay the suspended duties and taxes. The guarantee system is managed by the International Road Transport Union.
The armed groups clashing with Hamas in Gaza
Shortly after a ceasefire took effect in Gaza, clashes erupted between armed groups, some backed by Israel and others loyal...
Geostrategy
Company News
Iran picks new president at turbulent time
Geostrategy
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Macron, on Egypt visit, to go near Gaza to show support for ceasefire
French President Emmanuel Macron will go to an Egyptian port near the Gaza Strip next week to highlight concerns over...
Geostrategy
Hungary announces ICC withdrawal as Israel’s Netanyahu visits
Budapest, Hungary -- Hungary on Thursday said it will quit the International Criminal Court, just as its Prime Minister Viktor...
Geostrategy
US university calls for release of detained Turkish student
New York, United States - Tufts University on Wednesday publicly backed its student Rumeysa Ozturk, a Turkish national detained by...
Geostrategy
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Geostrategy
Military confrontation ‘almost inevitable’ if Iran nuclear talks fail, says French foreign minister
Western countries including the United States have long accused Iran of pursuing a nuclear weapon, which Tehran has denied, insisting...
- "Our confidence and our conviction remain intact," Barrot said. "Iran must never acquire nuclear weapons."
- "Our priority is to reach an agreement that verifiably and durably constrains the Iranian nuclear program," he added.
Geostrategy
Israel says expanding Gaza offensive to seize ‘large areas’
Defense Minister Israel Katz said Israel would bolster its military presence in the Palestinian territory to "destroy and clear the...
- An Israeli group representing the families of hostages still held in Gaza said they were "horrified" by Katz's announcement of expanded military operations.
- Meanwhile, Israel's far-right National Security Minister Itamar Ben Gvir visited Jerusalem's Al-Aqsa Mosque compound on Wednesday, drawing condemnations.
Geostrategy
Turkish opposition calls for boycott over jailed students
The leader of Turkey's main opposition party has called for a boycott on Wednesday to protest the detention of students...
- 301 students have been arrested for taking part in the protests against the detention on March 19 of Imamoglu, Erdogan's greatest political rival
- Imamoglu's arrest on corruption charges, which he denies, have set off a wave of popular protests unseen in Turkey for more than a decade