US reiterates support for Morocco on Western Sahara
Secretary of State Marco Rubio on Tuesday renewed US support for Morocco's sovereignty and political plan for Western Sahara, a...Geostrategy
Amid Israeli warning of military action, Iran says deal can be reached if US shows goodwill
Trump made the surprise announcement that his administration would open talks with Iran during a White House meeting on Monday...Geostrategy
After hitting Russia with new sanctions, G7 leaders visit Hiroshima memorial
G7 leaders, including the heads of nuclear-armed Britain, France and the United States, arrived at the city's Peace Park to...The G7 leaders began their visit with a stop at Hiroshima Peace Museum, which contains graphic evidence of the devastation caused by US nuclear attack in 1945
US and its G7 allies rolled out new sanctions against Russia's war machine Friday, targeting Moscow's lucrative diamond trade and more entities linked to Ukraine war
UAE discusses global economic challenges in EBRD meeting
SAMARKAND, UZBEKISTAN - The UAE, represented by the Ministry of Finance (MoF), participated in the 2023 Annual Meeting of the...Representatives of member states, private sector, the Board of Directors and the bank's management attended the meeting.
The UAE said focus should be on enhancing regional, global integration, to facilitate trade, investment and closer economic cooperation.
G7 to squeeze Russia, weigh risk of China’s ‘economic coercion’
Japanese PM Fumio Kishida is hosting leaders from six other wealthy democracies in his hometown -- a city synonymous with...G7 nations have already adopted sanctions on Russian banks and military firms, and placed price caps on Russian crude. Discussions are expected on tighter enforcement.
Summit discussions on China are expected to focus on efforts to insulate G7 economies from potential economic blackmail, by diversifying supply chains and markets.
Conflict zones in Middle East are not getting climate funds, say aid groups
DUBAI, UAE - Conflict-plagued countries in the Middle East are among the most vulnerable to climate change but are almost entirely...The UN ranks Iraq, recovering from decades of conflict, as one of five countries most impacted by effects of climate change including drought.
Syria and Yemen are also at heightened risk following years of war that has battered both the country's infrastructure.
MENA region takes significant strides towards renewable energy, says Prince Albert II of Monaco
The Monaco prince commends the Saudi Green Initiative, Middle East Green Initiative and the upcoming COP in Dubai as "remarkable...Prince Albert recognizes the remarkable environmental initiatives undertaken by the MENA region and offers his support and willingness to contribute to these efforts
Stressing on global collaboration, Prince Albert II emphasizes that the fight against climate change and the preservation of biodiversity cannot be won by isolated efforts
Amid G7 gathering in Japan, Xi hosts summit with Central Asian leaders
Beijing says trade with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan reached $70 billion in 2022 and expanded 22 percent year-on-year...Held in the ancient Chinese city of Xi'an, the historic eastern end of the Silk Road that linked China to Europe, this week's summit is of "milestone significance"
It comes as Beijing pushes to fill the vacuum left in former Soviet states by Russia's war in Ukraine -- and as Xi attempts to expand China's global influence
Ukraine grain deal extended for two months: Erdogan
Erdogan made the announcement one day before it had been due to expire, scoring a diplomatic coup ahead of a...Erdogan said Russia had agreed not to block ships from leaving two Ukrainian harbours, expressing hope that the deal would be "beneficial for all the parties"
NATO member Turkey has worked to maintain good ties between Russia and Ukraine, hosting two but unsuccessful rounds of peace talks between the warring sides
Money laundering and terrorism financing pose threat to world: UAE
The three-day conference in Abu Dhabi has brought together officials from around the world to discuss the menace of money...The official emphasized the importance of cooperation among nations to combat money launder and terrorism financing
The UAE has set up specialist department and has signed a slew of agreements to coordinate with many countries to fight money laundering
Russia, Iran sign pact to build final stage of INSTC project
Tehran, Iran - Iran and Russia on Wednesday signed an agreement to construct the final part in the International North–South Transport...The INSTC, a freight network of ship, rail and road routes, covers some 7,200 kilometres (4,475 miles) between Russia, Azerbaijan, Iran and India.
Iranian Transport Minister Mehrdad Bazrpash said the "process of construction" of the Rasht-Astara railway -- the INSTC's only missing link.
UAE court orders Briton to pay Denmark $1.2 bn for tax fraud
Sanjay Shah was arrested in the United Arab Emirates' financial hub in June upon request by Danish authorities who accuse...The total sum to be paid by Shah should be close to the losses incurred by the Danish tax authority as a result of the scam, estimated at 1.7 billion euro.
Shah was arrested by Emirati authorities under an extradition treaty signed with Denmark in March 2022.
