Kuwait emir dissolves parliament in new political crisis
The state's ruler attributed his move to the "interference" of some MPs in the emir's powers and others imposing "conditions"...Geostrategy
Empty streets and ‘fear’ in Gaza’s Rafah since Israeli incursion
Rafah, Palestinian Territories - Displaced Gazan Marwan al-Masri, sheltering in Rafah, said on Wednesday "life has completely ceased" since Israeli tanks...Geostrategy
Iran receives US$6.7bn foreign investment in May 2023 EXPO, says official
TEHRAN, IRAN - Foreign companies and governments committed some US$6.7 billion worth of investments during an exhibition that was held...The Iranian diplomat said that his country has an ambitious vision to diversify its economy away from crude oil revenues.
He said that this includes expanding the transportation infrastructure in Iran to significantly increase its cargo transit revenues.
RAKEZ, Indian Economic Trade Organization ink MoU to boost business ties
RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Economic Trade Organization (IETO) have signed...The collaboration focuses on initiating trade missions and investment forums to help Indian businesses understand what RAKEZ offers.
The agreement promises customized business services for Indian companies that are tailored to their aspiration of expanding into the MENA region.
UK marks first anniversary of Queen Elizabeth II’s death
In a short statement, the 74-year-old British head of state recalled the "great affection" for his mother, her life and...Commemorations will be low key on Friday, with the king - who is at his sprawling Scottish Highland estate of Balmoral - not expected at any official engagement
Britain King Charles III and his wife Camilla will attend nearby Crathie Kirk, the late queen's place of worship, for private prayers and a moment of reflection
North Korea launches new ‘tactical nuclear attack submarine’
North Korean leader Kim Jong Un presided over the unveiling ceremony on Wednesday, saying the sub was part of a...Kim Jong Un inspected the submarine as it prepared for a test cruise, and entered it "to acquaint himself with its weapon system and underwater operation capability"
The capacities of the new submarine "won't be revolutionary, but will increase the complexity of the nuclear threat posed by North Korea," said US-based analyst Ankit Panda
One pilot dead in helicopter crash off Dubai coast, another missing
The pilots of Bell 212 helicopter -- an Egyptian and a South African -- had been on a training flight...The Bell 212 helicopter went down in Gulf at around 8:30 pm (1630 GMT) on Thursday after taking off from Dubai's Al Maktoum International Airport, the aviation authority said.
The GCAA confirmed that one member of the crew was found dead, while search and rescue operations were continuing to find the other missing pilot.
UAE vows full backing for GCC economic integration by 2025
Dubai, UAE - The United Arab Emirates (UAE) has reaffirmed its commitment to advancing the economic integration of the Gulf...The UAE Minister of Economy Abdulla bin Touq Al Marri, Minister Bin Touq called for developing the mechanisms of economic integration within the GCC
The UAE urged finalization of the customs union, the establishment of a common GCC market, and the utilization of AI to bolster developmental endeavors
Fresh fighting rocks south Lebanon Palestinian camp
The United Nations' agency for Palestinian refugees (UNRWA) had warned last week that armed militants were occupying its schools in...The fighting in the Ain al-Helweh camp once again pitted members of Palestinian president Mahmud Abbas's Fatah movement against Islamist militants
Dozens of families with women and children were fleeing from the camp's northern end where the clashes were concentrated, the AFP correspondent said
US, Saudi, India, UAE eye railway accord at G20 summit: report
New Delhi, India - President Biden, along with the leaders of India, Saudi Arabia, and the United Arab Emirates (UAE),...The initiative aims to establish a comprehensive railway network connecting the Gulf and Arab nations while also facilitating connections to India
The primary objective of this project is to strengthen the US presence and influence in the Middle East, especially as China's role in the region grows
Expansion may offer limited economic boost to BRICS
The anticipated inclusion of six nations into BRICS, including Saudi Arabia and UAE, is expected to ease tensions among them,...The anticipated inclusion of six nations into BRICS, including Saudi Arabia and UAE, is expected to ease tensions among them, and foster increased bilateral collaboration
After expansion, the bloc will represent 30% of global GDP, 45% of the population, control 80% of oil production, and account for 16% of global trade by next year
Saudi crown prince says ready for economic partnership with BRICS
DUBAI, UAE – Saudi Arabian Crown Prince Mohammed bin Salman in a telephonic conversation with Russian President Vladimir Putin has...The Russian president and the Saudi crown prince discussed the outlook for BRICS expansion.
The two leaders reviewed cooperation between the two countries within the OPEC+ agreement framework.