Israel seizes Gaza territory as Macron signals imminent French recognition of Palestinian statehood
French President Emmanuel Macron meanwhile said that France plans to recognise a Palestinian state in the "coming months", a move...Geostrategy
After Instagram restrictions, Meta to introduce teen accounts for Facebook
Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...Technology Business Culture & Society Geostrategy Global Social Tech & Media
Europe, UK edge closer to signing deal on financial services
Once it is signed by Brussels and London, it will create a framework for voluntary regulatory cooperation in the area...The European Commission, the EU's executive arm, on Wednesday took the first step by adopting a draft agreement.
The EU said the agreement does not deal with the access of UK-based companies to the single market or vice versa.
UAE receives wanted terrorist Humaid Al Rumaithi from Jordan
Abu Dhabi, UAE -- The UAE has received a terrorist named Khalaf Abd Al Rahman Humaid Al Rumaithi from the...The UAE Supreme Court in 2013 sentenced him in absentia to 15 years in prison on charges of establishing a secret organization
The procedures for handing over the terrorist were carried out in accordance with the arrest warrant issued against him
Saudi Arabia and Algeria sign agreement to boost ties
Jeddah, Saudi Arabia--Saudi Arabia and Algeria have agreed to expand bilateral relations, boosting ties in all areas.In this regard, Prince...Presided over by the ministers, the two sides signed the agreement during the meeting of the fourth session of the Saudi-Algerian Political Consultations Committee
The two sides discussed enhancement of joint efforts on several issues in order to strengthen stability and prosperity for the two countries and their peoples
Gulf investments fuel Turkey’s economic growth
The GCC is the third largest source of foreign investment in Turkey, with 1,973 Gulf companies currently operating in the...The GCC is the third largest source of foreign investment in Turkey, with 1,973 Gulf companies currently operating in the country
Qatar has emerged as a significant investor in Turkey, with foreign direct investments reaching approximately $10.3bn by 2021 end
Libya parliament suspends rival government chief Fathi Bashagha
Parliament also announced an investigation into Bashagha. The chamber, backed by military strongman Khalifa Haftar, had picked Bashagha in February...In July, Bashagha had told AFP that he planned to take office in Tripoli "in the coming days." The reasons for Bashagha's suspension were not immediately known.
Since his failed attempts to force Dbeibah out, Bashagha has been based in the central city of Sirte.
France issues arrest warrant for Lebanese central bank chief
A French investigating magistrate issued an international arrest warrant for Lebanon's central bank chief Riad Salameh, a source close to...Investigators suspect Lebanese central bank chief Riad Salameh of building his network of assets with the help of a complex fraudulent financial system.
Since the start of the year, magistrates from European countries have travelled to Lebanon on three occasions to interview the central banker and his entourage.
Gazans amid the homes destroyed by Israel
In total, 103 homes were completely destroyed and 140 severely damaged in Israeli military strikes, the United Nations said.The ruins of past conflicts -- such as a three-day escalation in August which killed 49 Gazans -- are dotted across the densely populated Palestinian territory.
With Gaza's poverty rate at 53 percent, according to the Palestinian Central Bureau of Statistics, few people can afford to rebuild their homes.
Russian oil exports hit post-invasion high, says IEA
PARIS, FRANCE - Russia's oil exports rose in April to the highest level since its invasion of Ukraine, boosting revenues by...The Paris-based organization said Russian exports increased by 50,000 barrels per day to 8.3 million bpd in April.
Russia's tax receipts from its oil and gas sector were down by 64 percent year-on-year, the agency added.
European Union backs tougher tax rules on crypto transactions
Regulators worldwide are increasingly worried about the lack of oversight of the digital currency sector but the European Union has...During a meeting of EU economy and finance ministers on Tuesday, they agreed on rules to go after individuals who stash their cash where tax authorities have no oversight.
The rules will close loopholes that allow people to avoid taxation on their income using crypto assets, Swedish Finance Minister Elisabeth Svantesson said.
Qatar and Bahrain to restart flights in signs of improving relations
Dubai, UAE-- Qatar and Bahrain have agreed to restart flights toward the end of the month, in a sign of...The resumption of flights between the estranged countries, according to Bahrain News Agency, falls within "the framework of the brotherly relations between the two countries
In recent months, GCC countries have patched up differences with each other and begun to focus on their economies, taking advantage of high oil and gas prices
