Hezbollah chief thanks Iran for ongoing support to face Israel
Beirut, Lebanon - Hezbollah chief Naim Qassem has thanked a senior Iranian official for his country's ongoing support in confronting...
Geostrategy
Lebanon slams foreign interference as Iran security chief visits
Lebanese leaders firmly rejected any efforts at foreign interference during a visit by Iran's security chief Wednesday, with the prime...
Geostrategy
Geostrategy
Israel PM claims Lebanon ‘recognizes’ Israel in sea border deal
Jerusalem, Undefined—Prime Minister Yair Lapid on Thursday claimed Israel's foe Lebanon de-facto "recognizes" the Jewish state, due to a sea border...
- The premier was speaking at the opening of a cabinet meeting convened to formally approve the deal, hours ahead of the expected signing by the two parties
- Washington has played a key role in mediating the lengthy negotiations between Israel and Lebanon, who remain technically still at war
Geostrategy
Arab-Israeli banker talks up Saudi market at investor forum
Samer Haj-Yehia, the Arab-Israeli chairman of Bank Leumi since 2019, was addressing the Future Investment Initiative, a three-day conference held...
- "You see the economy is very healthy, unlike other economies around the world, and the prospects for the future are very positive," he said.
- His comments follow rampant speculation about future bilateral ties between Saudi Arabia and Israel, which US officials stoked ahead of Joe Biden's visit to Jeddah in July.
Economy
UAE tops list of foreign direct investors in Egypt: Egyptian PM
The UAE president Sheikh Mohamed bin Zayed Al Nahyan, and Abdel Fattah El Sisi, President of Egypt have met recently...
- The UAE president Sheikh Mohamed bin Zayed Al Nahyan, and Abdel Fattah El Sisi, President of Egypt have met recently on several occasions
- Egypt eyes the effective participation of UAE investors under the umbrella of the State Ownership Policy Document, Egyptian PM Madbouly said
Geostrategy
Fifteen dead in attack on Shiite shrine in Iran
At least 15 people were killed Wednesday in an attack on a key Shiite Muslim shrine in southern Iran, state...
- Local judiciary chief Kazem Mousavi told state television that "only one terrorist was involved in this attack."
- Iranian media published images and video footage showing bloodied bodies covered in cloth lying inside the shrine
Geostrategy
Israel targets multiple positions in strikes on Damascus
Continuing with its belligerence toward Syria, Israel attacked many positions near Damascus in the early hours of Thursday, in the...
- According to Syria, its air defense intercepted several missiles, but the ministry did not provide details on targets
- While Israel rarely comments on the strikes it carries out on Syria, it has repeatedly said it will not allow its archfoe Iran to gain a foothold there
Geostrategy
Iran retaliates to European Union sanctions over protest crackdown
Iran's foreign ministry announced in a statement sanctions against eight institutions and 12 individuals based in the EU for "supporting...
- Street violence has rocked Iran since Amini's death on September 16, three days after she was arrested by the morality police.
- The EU on October 17 imposed sanctions against the morality police and 11 officials including Iran's telecommunications minister.
Geostrategy
Gas production starts at Karish field day before expected Israel-Lebanon deal
Jerusalem---Gas production has started at Karish, an offshore field at the centre of a maritime border deal between Israel and...
- The announcement comes a day before Lebanon and Israel are expected to sign their maritime deal, following lengthy negotiations mediated by Washington.
- Energy assets were fiercely contested in the talks, with Israel ultimately securing full rights over Karish as part of the accord.
Economy
Saudi PIF to establish five companies for investments in five Arab countries
The five companies, together with Saudi Egyptian Investment Company (SEIC), a wholly-owned PIF subsidiary that was launched in August 2022,...
- The announcement was made on the second day of the 6th Edition of the Future Investment Initiative, where top CEOs, investors and world leaders are participating.
- The companies will invest in various key sectors, including but not limited to, infrastructure, real estate development, mining, healthcare and financial services.
Geostrategy
Aramco chief at FII6: World needs realistic, optimal energy transition plan
"The current transition plan isn't working. We are still dependent on coal. We need to have a new consensus on...
- Lord Adair Turner, chair of the Energy Transitions Commission, said Europe was burning more coal this year as it is shot of gas, but transition towards renewables is ongoing.
- Saudi Finance Minister Mohammed Al Jadaan said there is more thinking about renewable energy and a realization that the transition to renewables is not going to take place soon.
Geostrategy
Israel shares intel with US on Iran drones in Ukraine
Calling for tough action against Iran, president of Israel has shared intelligence with the United State to prove that Tehran...
- Antony Blinken said he would speak to Herzog about "the real concern that we have about the violence that we're seeing on the West Bank"
- Israel has not been willing to provide Ukraine with the Iron Dome, its state-of-the-art defensive air umbrella developed with the United States
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Hezbollah chief thanks Iran for ongoing support to face Israel
Beirut, Lebanon - Hezbollah chief Naim Qassem has thanked a senior Iranian official for his country's ongoing support in confronting...
Geostrategy
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Macron warns Israel over any Rafah forced population transfer
In a telephone call between the two leaders, Macron also "strongly condemned" Israel's announcement Friday of the seizure of 800...
Geostrategy
Christians of Gaza pray for peace in times of war and destruction
Christian families from Gaza have found refuge inside the church with the memory of two women killed in December by...
Geostrategy
China supports new UNSC draft resolution on Gaza ceasefire
Last Friday, the Security Council voted on a draft submitted by the United States that called for an "immediate" ceasefire...
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Arts & Culture
World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City
RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...
- Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
- Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.
Geostrategy
Red Crescent says Israel army besieges two more Gaza hospitals
PALESTINIAN TERRITORIES – The Palestinian Red Crescent said on Sunday that Israeli forces were besieging two hospitals in southern Gaza,...
- Israel has mounted several raids at and near hospitals in Gaza since the war began last October.
- The medical organization said a volunteer worker at the hospital was killed by Israeli gunfire early on Sunday.
Economy
IMF chief calls upon China to boost growth with pro-market reforms
BEIJING, CHINA – The head of the International Monetary Fund on Sunday called on China to implement "a comprehensive package of...
- Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus.
- Authorities should boost "the spending power of individuals and families" by beefing up China's pension system, IMF said.