Gaza civil defence says Israeli forces kill 28 people
Gaza's civil defence agency said Israeli military operations killed at least 23 people on Friday across the Palestinian territory, with...
Geostrategy
Macron says France will recognise State of Palestine, angering Israel, US
At least 142 countries now recognise or plan to recognise Palestinian statehood, according to an AFP tally -- though Israel...
Geostrategy
Geostrategy
UAE, Cyprus to strengthen relations in multiple sectors
Anwar Gargash, Diplomatic Adviser to UAE President, discussed developing ties across various domains with Minister of Foreign Affairs of the...
- The two reviewed means to enhance cooperation to promote progress, prosperity.
- They also discussed various developments in the regional and international arenas.
Economy
Free trade pact with UAE will help Indonesia, says envoy
The Comprehensive Economic Partnership Agreement (CEPA) signed between Indonesia and the UAE on Friday will bring economic prosperity to a...
- The trade pact is expected to boost imports of petrochemicals from the UAE to Indonesia
- Indonesia imports around two million tonne of petrochemicals annually from the global market
Geostrategy
Qatar gives cash-strapped Lebanese army $60m
Lebanon is grappling with an unprecedented financial crisis, branded by the World Bank as one of the planet's worst since...
- Lebanon is grappling with an unprecedented financial crisis, branded by the World Bank as one of the planet's worst since the 1850s
- The small Mediterranean country defaulted on its debt in 2020, the local currency has lost around 90 percent of its value
Economy
Europe revives Syria phosphate imports, profiting Russian firm
Syrian phosphates used for fertiliser are being exported to Europe in bulk, benefitting a Russian firm and the sanctions-hit Damascus...
- The regime in Syria has since 2015 been heavily backed by Russia in its long-running civil war
- The trade is growing fast as the war in Ukraine drives up fertiliser and phosphate prices
Geostrategy
Tunisia publishes draft constitution ahead of July vote
Tunisia on Thursday published the draft of a new constitution giving vastly more powers to the president, a text set...
- The constitution provides for a presidential system in a split from the mixed presidential-parliamentary system under the country's 2014 constitution
- The president would be the head of the armed forces and be charged with naming judges, who would be banned from striking
Geostrategy
China, Russia far from ousting US power in GCC: Vision 3 Chairman Khaled Janahi
Are China and Russia taking over the US power in the Gulf Cooperation Council region? Khaled Janahi, chairman of Vision...
- Khaled Janahi, chairman of Vision 3, was speaking to TRENDS on the sidelines of TOP CEO Conference and Awards.
- He said China has come a long way from the perspective of economy and technological advancement .
Geostrategy
Iran remains hopeful of nuclear deal with major powers
The US, meanwhile, says it is "disappointed" that there is "no progress made" after two days of indirect talks with...
- Iranian Foreign Minister Hossein Amir-Abdollahian says he believes the talks had been "positive" and a deal could still be reached
- The US, meanwhile, says it is "disappointed" that there is "no progress made" in talks with Iran brokered by an EU envoy in Doha
Geostrategy
Nuke deal revival still possible despite fruitless Qatar talks: Iran
The talks aim to bring the United States back into a 2015 deal jettisoned by the Donald Trump administration in...
- US said the EU-brokered proximity talks in the Qatari capital Doha had concluded late Wednesday with "no progress made".
- Iranian Foreign Minister Hossein Amir-Abdollahian said he believed the talks had been "positive" and a deal could still be reached.
Economy
UAE, South Korea ink pact to support entrepreneurs, SMEs
The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs. During...
- The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs
- During the 11-month program, the two sides will discuss and cooperate in entrepreneurship and SME development
Geostrategy
Israel to hold fifth election in four years as Parliament dissolved
The coalition government came apart last week after some Arab lawmakers refused to renew a measure that ensures the roughly...
- The newly called election set for November 1 marks another sign that Israel remains mired in an unprecedented era of political gridlock.
- The November vote will in part be a contest between Netanyahu and Lapid, a former TV news anchor and celebrity who has surprised many.
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Gaza civil defence says Israeli forces kill 28 people
Gaza's civil defence agency said Israeli military operations killed at least 23 people on Friday across the Palestinian territory, with...
Geostrategy
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Expelled from France, imam vows to challenge decision in court
Soliman, Tunisia - A Tunisian imam expelled from France for alleged hate speech said on Friday he would take legal action...
Geostrategy
American spaceship lands on moon, images expected soon
The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...
Science
Price of natural gas in Europe falls to a 3-year low
LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost...
Business
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Business
Shipping insurance rates soar on Red Sea missile attacks
Maritime container transport has sunk by almost one third so far in 2024 compared with a year earlier, according to...
- The Houthis have carried out relentless attacks since November on shipping transiting the Red Sea, a maritime hub through which 12 percent of global trade usually passes
- Premiums for ships have "increased significantly" following the Houthi attacks, according to Frederic Denefle, head of Garex, a French firm specialized in marine risk insurance
Economy
Jordan, Oman sign agreements to ramp up investments
Amman, Jordan--Jordan and Oman have signed a raft of agreements to boost direct investment in both the countries. The first...
- In 2022, Jordan exported $70.2 million worth of goods to Oman, while Jordan imported $57.4 million worth of goods from Oman
- The agreements between the two countries aim to establish partnerships for investment and trade between the two business sectors
Geostrategy
Israel kills two Hizbollah fighters in drone strike
A security source said that an Israeli drone shot two guided missiles at the building in Kfar Rumman, near the...
- Hizbollah confirmed that two of its fighters had been killed by Israeli fire
- The Lebanese armed group said it had fired rockets at Israel in response