Russia cautious on Armenia-Azerbaijan deal, Iran reject border corridor
Russia cautiously welcomed a US-brokered draft deal between Armenia and Azerbaijan on Saturday, but Moscow's regional ally Iran rejected the...Geostrategy
Netanyahu’s Gaza plan: Hamas accuses Israel PM of sacrificing hostages for personal interest
"Netanyahu's plans to escalate the aggression confirm beyond any doubt his desire to get rid of the captives and sacrifice...Geostrategy
West blocked Russian assets worth $280bn, says US treasury
Washington, US - The REPO (Russian Elites, Proxies and Oligarchs) task force, set up to search and freeze Russia-related assets, estimates the...“The total value of assets is estimated at around $280 billion, the majority of which is held in the European Union,” the US Department of the Treasury said.
Reportedly, the task force has completed its “initial effort to map and account for Russian sovereign assets that are immobilized and held in REPO member jurisdictions".
Saudi Nazaha, Interpol discuss ways to enhance cooperation
LYON, FRANCE - President of Saudi Arabia’s Oversight and Anti-Corruption Authority ‘Nazaha’ Mazin bin Ibrahim Al-Kahmous on Friday visited the...The two sides discussed cooperation between Nazaha and Interpol in the field of combating corruption and cross-border crimes.
The discussions touched on recovering funds and assets related to corruption and pursuing fugitives in such cases.
African Union set to become G20 member with US, EU backing
"I look forward to welcoming the AU as a permanent member of the G20", European Council president Charles Michel told...G20 host and Indian Prime Minister Narendra Modi has called for the pan-African organization to become a permanent member.
The proposal has won backing from Washington and on Friday the European Union said it would also back the move.
Tunisia authorities have repressed freedoms, says Journalists union
Jelassi argued that such "methodical censorship" aims to remove the voices of the opposition or civil society organizations from broadcasts...Mehdi Jelassi, head of SNJT union said the freedom of the press is increasingly repressed and the authorities are adopting a policy of lockdown and censorship.
The syndicate also denounced "intimidation" of journalists through judicial prosecution and interrogations that are "purely political".
20 injured in clashes at Palestinian refugee camp in Lebanon
An AFP correspondent in Sidon reported the sound of intermittent automatic weapon fire and rocket launchers emanating from within the...The fighting pitted members of Palestinian president Mahmud Abbas's Fatah movement against Islamist militants
Dozens of families with children fled on Thursday evening from the camp's northern end where the clashes were concentrated
GCC poised to help MENA in global trade integration
With MENA accounting for just 7.4% of global trade in 2022, GCC's strategic initiatives and resources can pave the way...With MENA accounting for just 7.4% of global trade in 2022, GCC's strategic initiatives and resources can pave the way for regional trade integration and global prominence
Despite challenges like restrictive nontariff measures, red tape, and corruption, GCC-led comprehensive reforms and a global engagement strategy can make MENA a trade hub
Divisions, Xi’s absence cast shadow on G20 summit in India
The G20 was conceived in the throes of the 2008 financial crisis as a way of managing the global economy....Indian Prime Minister Narendra Modi has painted the summit as his country's diplomatic coming of age -- evidence of New Delhi's clout and prestige on the global stage.
But that notion was called into question by rival leader Xi, who pointedly decided to skip the meeting and send his number two, Premier Li Qiang instead.
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
