‘Unidentified’ drone hits Baghdad base: Iraq security officials
An "unidentified" drone struck a military base in Baghdad early Tuesday while another fell in the west of the capital,...Geostrategy
Oil prices seesaw as investors await Iran response to US strikes
US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on...Business Economy Geostrategy
Saudi Arabia to host talks on Ukraine war in push for peace
The talks to be hosted in the Red Sea coastal city of Jeddah next weekend will discuss a path toward...The latest initiative by Saudi Arabia represents a new effort to assert itself in diplomacy related to the Ukraine war
Last year, the kingdom unexpectedly brokered the release of foreign fighters detained in Ukraine
Russia, Africa build a new, fairer global architecture
"I would like to note that the African continent is emerging as a new center of power right before our...Russia and Africa share a strong bond of friendship and mutually beneficial ties, with foundations laid in mid-20th century
Russia and African states are working together to build a new, fairer global architecture and protect international law
UAE finance ministry unveils new corporate taxation rules
ABU DHABI, UAE - The UAE Ministry of Finance (MoF) on Saturday announced administrative penalties for violations related to the...The penalties will be imposed on Taxable Persons, whether an individual or a legal entity, who do not comply with their obligations.
Penalties also apply in cases of failing to properly keep records or submitting the required records and other information specified in the Tax Law.
African Union, EU step up pressure on Niger coup leaders
The African Union demanded Niger's military "return to their barracks and restore constitutional authority" within 15 days as the EU...The African Union and the European Union joined the chorus of international condemnation of the power grab, the latest to strike the Sahel region.
The EU's diplomatic chief Josep Borrell said the bloc would not recognize the putschists and announced the suspension of security cooperation with Niger.
Iran news editor suspended over protest coverage: media
Tehran, Iran--Iranian authorities have banned the editor-in-chief of reformist daily Etemad "from any press activity for a year" over coverage of...Behrooz Behzadi, the editor, was accused of printing false content after a complaint by a Tehran branch of the powerful Revolutionary Guards Corps
Early this year, an Etemad report estimated that some 80 journalists were among the thousands arrested during the months-long unrest in Iran
Qatar pledges $100m for humanitarian assistance to Ukraine
Kyiv, Ukraine - Qatar has pledged $100 million for humanitarian assistance in Ukraine. The funds were meant the rehabilitation of...Ukrainian prime minister Shmyhal said that the money will be used for reconstruction in the health and education sectors, and other important humanitarian projects
Qatar prime minister Jassim Al-Thani reiterated the importance of respecting the sovereignty of Ukraine and its territorial integrity within its internationally recognized borders
Turkiye will accelerate ongoing defense projects: Erdogan
Istanbul, Turkiye - Turkiye will accelerate ongoing defense projects and find solutions for the sector's requirements, Turkish President Recep Tayyip...Speaking at International Defense Industry Fair in Istanbul, Erdogan said the prototypes will be tested for domestic use and exports
Turkish president said the country's advanced fighter jet Kaan,will make its maiden flight by the end of this year
Aramco, 5 local firms to jointly work on project in Pakistan
ISLAMABAD, PAKISTAN - Five Pakistani state-owned companies are set to collaborate with Saudi Arabia’s Aramco to execute a $10 billion...The proposed joint venture will establish a mega refinery in Gwadar with a capacity of 400,000 barrels per day.
The government of Pakistan has already approved a refinery policy for new projects in the country.
Egypt calls for renewal of Black Sea grain export deal
MOSCOW, RUSSIA - Egypt's president on Friday called on Russia and Ukraine to find "urgent solutions" to allow the resumption of...Moscow withdrew from the agreement after protesting for months that parts of the deal that allowed for export of Russian fertilizer were not honored.
Russia refused to extend a deal brokered by UN and Turkey, under which Ukrainian grain exports passed through the Black Sea to reach global markets.
Turkey, Italy seek joint hosting of Euro cup 2032, says UEFA
Paris, France - Italy and Turkey have asked to jointly host the 2032 European Championship, UEFA announced on Friday.European football's governing...Turkey, who lost out to Germany for Euro 2024, entered the process for both editions, while Italy decided to bid only for 2032.
In 2021, UEFA initiated a bidding process for the hosting of two editions of its European Championship, in 2028 and 2032.