UN Security Council votes to reimpose Iran nuclear sanctions
Britain, France and Germany are signatories to a 2015 deal known as the Joint Comprehensive Plan of Action (JCPOA) intended...
Geostrategy
Trump heads for landmark state visit with ‘friend’ King Charles
US President Donald Trump left for a historic second state visit to Britain Tuesday -- but political controversies, wars and...
Geostrategy
Geostrategy
Amid G7 gathering in Japan, Xi hosts summit with Central Asian leaders
Beijing says trade with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan reached $70 billion in 2022 and expanded 22 percent year-on-year...
- Held in the ancient Chinese city of Xi'an, the historic eastern end of the Silk Road that linked China to Europe, this week's summit is of "milestone significance"
- It comes as Beijing pushes to fill the vacuum left in former Soviet states by Russia's war in Ukraine -- and as Xi attempts to expand China's global influence
Economy
Ukraine grain deal extended for two months: Erdogan
Erdogan made the announcement one day before it had been due to expire, scoring a diplomatic coup ahead of a...
- Erdogan said Russia had agreed not to block ships from leaving two Ukrainian harbours, expressing hope that the deal would be "beneficial for all the parties"
- NATO member Turkey has worked to maintain good ties between Russia and Ukraine, hosting two but unsuccessful rounds of peace talks between the warring sides
Economy
Money laundering and terrorism financing pose threat to world: UAE
The three-day conference in Abu Dhabi has brought together officials from around the world to discuss the menace of money...
- The official emphasized the importance of cooperation among nations to combat money launder and terrorism financing
- The UAE has set up specialist department and has signed a slew of agreements to coordinate with many countries to fight money laundering
Business
Russia, Iran sign pact to build final stage of INSTC project
Tehran, Iran - Iran and Russia on Wednesday signed an agreement to construct the final part in the International North–South Transport...
- The INSTC, a freight network of ship, rail and road routes, covers some 7,200 kilometres (4,475 miles) between Russia, Azerbaijan, Iran and India.
- Iranian Transport Minister Mehrdad Bazrpash said the "process of construction" of the Rasht-Astara railway -- the INSTC's only missing link.
Business
UAE court orders Briton to pay Denmark $1.2 bn for tax fraud
Sanjay Shah was arrested in the United Arab Emirates' financial hub in June upon request by Danish authorities who accuse...
- The total sum to be paid by Shah should be close to the losses incurred by the Danish tax authority as a result of the scam, estimated at 1.7 billion euro.
- Shah was arrested by Emirati authorities under an extradition treaty signed with Denmark in March 2022.
Economy
Europe, UK edge closer to signing deal on financial services
Once it is signed by Brussels and London, it will create a framework for voluntary regulatory cooperation in the area...
- The European Commission, the EU's executive arm, on Wednesday took the first step by adopting a draft agreement.
- The EU said the agreement does not deal with the access of UK-based companies to the single market or vice versa.
UAE receives wanted terrorist Humaid Al Rumaithi from Jordan
Abu Dhabi, UAE -- The UAE has received a terrorist named Khalaf Abd Al Rahman Humaid Al Rumaithi from the...
- The UAE Supreme Court in 2013 sentenced him in absentia to 15 years in prison on charges of establishing a secret organization
- The procedures for handing over the terrorist were carried out in accordance with the arrest warrant issued against him
Economy
Saudi Arabia and Algeria sign agreement to boost ties
Jeddah, Saudi Arabia--Saudi Arabia and Algeria have agreed to expand bilateral relations, boosting ties in all areas. In this regard,...
- Presided over by the ministers, the two sides signed the agreement during the meeting of the fourth session of the Saudi-Algerian Political Consultations Committee
- The two sides discussed enhancement of joint efforts on several issues in order to strengthen stability and prosperity for the two countries and their peoples
Geostrategy
Gulf investments fuel Turkey’s economic growth
The GCC is the third largest source of foreign investment in Turkey, with 1,973 Gulf companies currently operating in the...
- The GCC is the third largest source of foreign investment in Turkey, with 1,973 Gulf companies currently operating in the country
- Qatar has emerged as a significant investor in Turkey, with foreign direct investments reaching approximately $10.3bn by 2021 end
Geostrategy
Libya parliament suspends rival government chief Fathi Bashagha
Parliament also announced an investigation into Bashagha. The chamber, backed by military strongman Khalifa Haftar, had picked Bashagha in February...
- In July, Bashagha had told AFP that he planned to take office in Tripoli "in the coming days." The reasons for Bashagha's suspension were not immediately known.
- Since his failed attempts to force Dbeibah out, Bashagha has been based in the central city of Sirte.
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UN Security Council votes to reimpose Iran nuclear sanctions
Britain, France and Germany are signatories to a 2015 deal known as the Joint Comprehensive Plan of Action (JCPOA) intended...
Geostrategy
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Israel, US envoys discuss possible ceasefire amid rising casualties in Lebanon conflict
With US mediation, a ceasefire proposal emerges for both Gaza and Lebanon, balancing Israel's security demands and Lebanon’s need for...
Geostrategy
New Hezbollah leader signals ceasefire openness, but Israel demands Hezbollah withdrawal, border security
Israel’s security cabinet discussed terms, including Hezbollah’s withdrawal north of the Litani River and Lebanese army deployment along the border...
New Hezbollah leader says will accept ceasefire with Israel if terms ‘suitable’
Qassem replaces Hasan Nasrallah who was assassinated by Israel on September 27 after more than 30 years at the helm...
Geostrategy
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Geostrategy
Mideast at ‘most dangerous juncture’ in decades: UN official
The UN's special coordinator for Middle East peace warned that the region was at its "most dangerous juncture" in decades
- Israel's retaliatory offensive has killed at least 43,020 Palestinians in Gaza
- And in Lebanon, at least 1,700 people have been killed since September 23
Geostrategy
Updates: Israel slaps ban on United Nations and kills more than 150 in Lebanon and Gaza
Shunning international pressure, Israeli parliament passed a bill banning a United Nations aid agency, and also intensified its strikes against...
- UNRWA has provided essential aid, schooling, healthcare and assistance across the Palestinian territories and to Palestinian refugees
- US President Joe Biden said: "We need a [Gaza] ceasefire. We should end this war. It should end, it should end, it should end."
Geostrategy
Iran FM says ‘received indications’ before Israeli attack
Araghchi said the "necessary measures" were taken when the attack unfolded, adding that he had been in contact with military...
- "We had received indications since the evening about the possibility of an attack that night," Araghchi told reporters without specifying the nature of the indications
- US news website Axios on Saturday said Israel has "sent message to Iran" ahead of its attack and warned it "against a response"