Hamas confirms it responded to latest Gaza truce proposal
Hamas confirmed on Thursday that it has responded to an Israeli proposal for a 60-day ceasefire in Gaza, after more...
Geostrategy
91% of new renewable projects now cheaper than fossil fuels alternatives
Abu Dhabi, UAE -- Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation...
Geostrategy
Geostrategy
Jordan King holds trilateral meeting with Egypt president, Bahrain monarch
The leaders underscored the need to expand trilateral cooperation across all sectors and to enhance regional security and stability.
- The leaders underscored the need to expand trilateral cooperation across all sectors and to enhance regional security and stability
- They stressed the need to support the Palestinians as they seek their legitimate rights, leading to the establishment of an independent Palestinian state
Geostrategy
Israel warns citizens to leave Turkey amid threat of Iran attacks
Israeli Foreign Minister Yair Lapid will visit Turkey next week, his office said Sunday, days after he urged Israelis to...
- Lapid will visit Turkey on Thursday and meet his counterpart Mevlut Cavusoglu, an Israeli foreign ministry statement said
- The stark warning came amid the latest surge in tensions between bitter rivals Iran and Israel, with Tehran blaming the Jewish state for a series of attacks in Iran
Geostrategy
Russia eyes improved ties with Saudi Arabia, UAE
Putin and Arab leaders focus on boosting relations in various fields -- including technology, food security and energy -- during...
- Russia President Vladimir Putin and several Arab leaders stress on the importance of strengthening relations
- Relations in various fields -- including technology, food security and energy -- remain in focus during SPIEF 2022
Geostrategy
Tunisian protesters decry constitutional reform plans, judicial purge
Hundreds demonstrated on Sunday in Tunisia's capital against a planned referendum on constitutional changes and President Kais Saied's recent firing...
- The new constitution is the centerpiece of reform plans by Saied and is set to go to referendum on July 25, one year after he sacked the government and suspended parliament.
- He has steadily extended his power grab since then, including by dissolving parliament in March.
Business
Italy’s Eni joins giant Qatar gas project after Russian cuts
Eni will own a stake of just over three percent in the $28 billion North Field East project, the world's...
- The project's LNG -- the cooled form of gas that makes it easier to transport -- is expected to come on line in 2026.
- It will help Qatar increase its liquefied natural gas production by more than 60 percent by 2027.
Economy
US Federal Reserve hints at another interest rate hike
Federal Reserve Governor Christopher Waller on Saturday threw his support behind another large interest rate increase next month. The Fed on...
- The super-sized rate increase came as the Fed faces intense pressure to curb soaring gas, food, and housing prices
- According to Fed Governor, central bankers were trying to prepare markets by offering guidance about when it would stop purchasing bonds
Geostrategy
Israel pounds Gaza with airstrikes after Hamas rocket fire
Israeli warplanes hit Hamas military sites in the Gaza Strip on Saturday in retaliation for rocket fire from the Palestinian...
- According to the officials, Israeli aircraft targeted a weapons manufacturing site and three military posts belonging to Hamas
- Defense ministry has suspended an increase in Israeli entry permits for Gazan workers in response to the firing of a rocket toward Israel
Geostrategy
Anti-government rebels in Chad threaten to pull out of Doha talks
Chad rebels due to take part in landmark talks with opposition groups and the military government on Saturday threatened to...
- Preparatory negotiations in Qatar ahead of a mooted inclusive full national dialogue have been stalled for months with landlocked Chad
- Armed groups accused the government delegation of "stalling negotiations through harassment and intimidation"
Geostrategy
Iran fighter jet crashes, injuring two crew members
An F-14 fighter jet crashed on Saturday while on a mission in central Iran, causing injuries to its two crew...
- The air force in sanctions-hit Iran has suffered several crashes in recent years, with officials complaining of difficulties in acquiring spare parts
- Iran has mostly Russian MiG and Sukhoi fighter jets that date back to the Soviet era, as well as some Chinese aircraft
Geostrategy
Saudi crown prince likely to visit Egypt, Jordan ahead of Turkey
Saudi Crown Prince Mohammed bin Salman begins a regional tour Monday in Egypt that will also take him to Turkey...
- After Cairo, Mohammed bin Salman will travel to Jordan and then on to Turkey, a Saudi diplomat said
- During the tour, he will discuss "regional and international files and the future of global cooperation"
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Hamas confirms it responded to latest Gaza truce proposal
Hamas confirmed on Thursday that it has responded to an Israeli proposal for a 60-day ceasefire in Gaza, after more...
Geostrategy
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Israel says Brazil’s Lula ‘persona non grata’ for Holocaust remarks
Lula's remarks on Sunday sparked outcry in Israel after the Brazilian leader said the ongoing conflict in the Gaza Strip...
Geostrategy
Construction in China-Saudi Arabia ethylene project begins
FUZHOU, CHINA - Construction of the main complex of a joint-investment ethylene project, which involves petrochemicals giant Saudi Basic Industries...
Business
Iran-EU trade surpasses US$5bn in 2023, says Eurostat
TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...
Business
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Geostrategy
Norway deal averts Palestinian financial collapse: govt
The portion of the revenues that Israel will transfer to Norway will remain in a Norwegian account until the parties...
- Under a 1994 agreement, the PA receives taxes that Israel collects on its behalf -- but Israel has withheld some of these since Hamas's attack
- The Palestinian Authority has refused to accept any transfers unless Israel changes its decision, an impasse that has lasted for several months
Israel sets Ramadan deadline for offensive on Gazan city Rafah
Fearing the potential for mass casualties, foreign governments and aid organizations have repeatedly urged Israel to spare Rafah, the last...
- Speaking at the Rafah offensive in Jerusalem conference on Sunday, Netanyahu renewed his vow "to finish the job to get total victory" over Hamas, with or without a hostage deal
- Benny Gantz said that an offensive would be carried out in a coordinated manner to facilitate an evacuation to minimize the civilian casualties as much as possible"
Geostrategy
US strikes Houthi weapons’ systems in latest attack
According to a statement from CENTCOM, the five strikes included targeting "the first observed Huthi employment of a UUV (unmanned...
- Maritime security firm Ambrey said a cargo vessel came under attack on Sunday.
- The Houthi attacks have raised insurance premiums for shipping companies