Slower growth expected in MENA region in 2025: IMF
"Growth is still projected to increase in 2025 and 2026, but at a considerably slower pace than anticipated last October,"...Economy Geostrategy
Syria FM says wants to ‘strengthen relations’ with China
Syrian Foreign Minister Asaad al-Shaibani expressed on Monday his government's willingness to build a "strategic partnership" with China, a key...Geostrategy
IsDB to finance projects worth US$800m in member states
JEDDAH, SAUDI ARABIA - The Board of Executive Directors (BED) of the Islamic Development Bank (IsDB) approved to finance projects...The aid will contribute to ameliorate the socio-economic challenges faced by the people and will help in achieving significant SDG targets.
IsDB had made an emergency intervention to support the communities affected by the conflict in Sudan.
Inflation in Egypt hits record high of nearly 40 percent, says government
Annual inflation in Egypt hit 39.7 percent in August, official figures showed, an all-time high for the country as it...Food and drink prices in Egypt alone registered a 71.9 percent increase compared to August 2022, state statistics agency CAPMAS said.
Even before the current crisis, 30 percent of Egyptians were living below the poverty line, according to the World Bank.
G20 summit ends with India, Brazil and Russia boasting success
G20 leaders have been deeply riven over the Ukraine war since Moscow's invasion last year, with Russian President Vladimir Putin...Facing a diplomatic embarrassment, India pressed members to agree a common statement that denounced the use of force for territorial gains but didn't criticize Russia directly.
Kyiv said the G20 had "nothing to be proud of" but Russian Foreign Minister Sergei Lavrov, who stood in for Putin at the meeting, claimed a diplomatic victory.
Oil permits and wind crisis threaten UK net zero pledge
More bad news for the wind energy sector, which is at the heart of the UK's plan to become a...Greenpeace called the failed auction the "biggest disaster for clean energy in almost a decade", putting the net zero target "in jeopardy"
Mads Nipper, boss of Orsted warned that "offshore wind ambitions will only happen with sane auction frameworks and realistic prices"
No arrest risk for Putin at Brazil G20: Lula
Russian president Vladimir Putin has skipped recent international gatherings and sent his Foreign Minister Sergei Lavrov to New Delhi instead....Putin skipped this year's gathering in New Delhi, avoiding possible political opprobrium
On Saturday, the G20 nations adopted a declaration that avoided condemning Moscow for Ukraine war
Gaza exports to Israel resume as crossing reopens: Palestinian official
The Kerem Shalom crossing, the only point of entry for goods between Gaza and Israel, was closed last week after...Impoverished Gaza, home to around 2.3 million Palestinians, is under a tight land, air and sea blockade imposed by Israel, whose defense ministry controls all crossings.
The closure of the Kerem Shalom crossing came amid rising violence in the Israeli-Palestinian conflict which has seen at least 227 Palestinians killed so far this year.
Secret talks, lasting failures: key Israeli-Palestinian peace bids
US president Ronald Reagan's administration opens dialogue with the Palestine Liberation Organization (PLO) in 1988 after its exiled leader Yasser...The Oslo Accord, stating that both sides will "strive to live in peaceful coexistence", is sealed on September 13, 1993 with a historic handshake between Arafat and Israel's PM
In March 2002, Arab states led by Saudi Arabia propose diplomatic relations with Israel in exchange for its withdrawal from all territories occupied since the Six-Day War of 1967
Sudan’s rival forces accused of torture as war rages on
The army and the RSF have denied any ill-treatment of those they have captured, stating repeatedly that their troops act...Former detainees from centers run by both sides reported "threats of rape", "repeated rape", and "one inmate being killed for resisting"
On September 2, three doctors were kidnapped by the RSF while on their way to volunteer in eastern Khartoum, according to a local resistance committee
Israelis protest ahead of court hearing on legal reforms
Ever since Prime Minister Benjamin Netanyahu's coalition government unveiled its proposals in January, tens of thousands of Israelis have demonstrated...The latest demonstration comes ahead of a Tuesday hearing in the Supreme Court on annulling parliament's July vote
The July 24 amendment to "reasonableness clause" states that the courts cannot hear cases or issue orders against elected officials
Partnership deals help UAE and India strengthen ties
"The UAE and India have robust, deep-rooted bilateral relations. The signing of the Comprehensive Strategic Partnership in 2017 and the...Ahmed Ali Al Sayegh, UAE's Minister of State, highlights the country's commitment to multilateral cooperation at the G20 Summit.
The UAE's participation in the G20 Summit aligns with its role as host for the upcoming COP28 climate conference, adds the minister
