Syria ready to work with US to return to 1974 disengagement deal with Israel
Syria said on Friday it was willing to cooperate with the United States to reimplement the 1974 disengagement agreement with...
Geostrategy
Israel opposition chief discusses Gaza truce with UAE FM
Jerusalem, Undefined -- Israel's opposition leader said Friday he met with the United Arab Emirates foreign minister in Abu Dhabi...
Geostrategy
Economy
Gas prices soar to record highs as Ukraine crisis stokes supply fears
Europe and UK gas prices hit record highs Friday and crude oil rallied, as Ukraine's invasion by key producer Russia...
- Europe reference Dutch TTF gas price struck 213.895 euros per megawatt hour in afternoon deals and UK gas hit 508.80 pence per therm.
- Europe's London Brent North Sea crude leapt 4.7 percent to $115.63 per barrel, having surged to a 2012 peak close to $120 on Thursday.
Geostrategy
Iran FM willing to travel to Vienna if nuclear deal reached
Iran's foreign minister said Friday he was ready to travel to Vienna if a deal is reached to revive the...
- "I am ready to go to Vienna when the Western sides accept our remaining red lines," Hossein Amir-Abdollahian said in a phone call with EU foreign policy chief Josep Borrell
- The 2015 deal began unraveling when former US president Donald Trump withdrew from it in 2018 and re-imposed sanctions
Geostrategy
UN offers mediation to put Libya back on path to election
Stephanie Williams, UN chief Antonio Guterres' Special Advisor on Libya, warned in a series of tweets that "the solution to...
- The country endured two rival governments from 2014 to early 2021, when Dbeibah's administration was approved by key factions after a ceasefire late the previous year.
- She also urged the country's politicians to "engage constructively together to move towards elections, for the sake of the 2.8 million Libyans who registered to vote" last year.
Economy
Money-laundering, terror financing penalties fetch UAE $1bn
UAE authorities have collected AED3.848 billion ($1 billion) in penalties from anti-money laundering and terrorism financing offenders in 2021. The...
- UAE is currently amending the anti-money laundering law’s executive regulation.
- The Office for Anti-Money Laundering and Counter-Terrorist Financing was established in Feb 2021.
Business
SFD postpones Pakistan debts for development projects
The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33...
- The fund signed an agreement with Pakistan’s Undersecretary of the Ministry of Economic Affairs Mian Asad Hayauddin in this regard
- The signing took place in the presence of Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki and senior officials from both sides
Geostrategy
800 Iraqi refugees return home from Syria, more to follow
Eight hundred Iraqi refugees returned home from northeast Syria on Thursday and hundreds more are to follow, a Syrian official...
- The Syrian Observatory for Human Rights said the first group left on buses via the Al-Yarubiyah border crossing.
- Relatives of IS militants, including children, are held in Kurdish-controlled camps in Syria's northeast, the largest of which is Al-Hol with around 56,000 displaced people.
Economy
Jordanian-German corporate partnership program launched
Jordan Ministry's Secretary-General Dana Zoubi stressed the deep-rooted relations between Jordan and Germany.
- Jordan Ministry's Secretary-General Dana Zoubi stressed the deep-rooted relations between Jordan and Germany
- The program is an opportunity to exchange expertise to promote exports to German counterparts, she added
Interview
Saudi Crown Prince opens up on every little thing
Saudi Arabia’s Crown Prince Mohammed bin Salman has created quite a few ripples with his views on all things important...
- The crown prince said he was leaning towards taking Saudi Arabia towards the ‘real teachings’ of Islam
- He also said the country was working towards codifying Islamic law as had been handed down directly by the Prophet
Geostrategy
UAE sends 46 tons of food supplies to Malawi
Over the past 10 years, the UAE has reportedly sent relief supplies to Malawi amounting to AED85.3 million ($23.23 million).
- The aid is expected to support efforts to meet children's needs for food and nutritional supplements in several villages and regions
- The UAE has reiterated its commitment to a humanitarian approach that supports emergency relief for countries in need
Geostrategy
US lawmakers seek to halt Russian oil imports
US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil.
- US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil
- But the White House later warned that such a step could cause further jumps in oil prices
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Syria ready to work with US to return to 1974 disengagement deal with Israel
Syria said on Friday it was willing to cooperate with the United States to reimplement the 1974 disengagement agreement with...
Geostrategy
Company News
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UN court says Israel must prevent genocidal acts in Gaza
The top UN court said Israel should do everything it could to prevent any acts of genocide in the Gaza...
Geostrategy
CIA chief heading to Europe for Gaza negotiations: US media
According to Axios, Israel has offered Hamas a two-month pause in fighting in Gaza in exchange for the release of...
French court censures parts of controversial immigration law
PARIS, FRANCE - France's top constitutional authority on Thursday rejected parts of a controversial immigration bill adopted under pressure from the...
Geostrategy
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Geostrategy
UN says Israel army orders Gazans to leave shelter hit by tank fire
"The army called the UNRWA official through the loudspeaker, she went over to them next to the tanks, and they...
- Twelve people were killed Wednesday when two tank shells struck the shelter, where thousands had taken refuge, UNRWA said.
- The health ministry said Israeli forces on Thursday killed 20 people waiting for humanitarian aid to be distributed on the outskirts of Gaza City.
Business
UAE plans to issue bonds, Sukuk valued at $1.3bn in Q1 2024, says official
HONG KONG - UAE Ministry of Finance Undersecretary Younis Haji Al Khoori announced that the ministry's issuance of bonds and...
- The Islamic Treasury Sukuk launched in 2023 and valued at US$299 million experienced robust demand, with bids received worth US$2.2 billion.
- The UAE is Hong Kong's largest trading partner in Middle East, with non-oil trade reaching $6 billion (AED22.2 billion) in the first half of 2022.
Israel far-right minister slams Qatar over Hamas attack
Finance Minister Bezalel Smotrich commented after Prime Minister Benjamin Netanyahu was caught on tape allegedly telling hostages' families this week...
- Qatar is the "patron of Hamas and is largely responsible for the massacre committed by Hamas of Israeli citizens", Finance Minister Bezalel Smotrich said on X
- Smotrich's remarks come as Biden's Middle East envoy was in the region for talks aimed at brokering a new deal to free the remaining captives in exchange for a pause in fighting