Turkey protesters defiant despite nearly 1,500 arrests
The protests erupted on March 19 after the arrest of Istanbul opposition mayor Ekrem Imamoglu as part of a graft...Geostrategy
US, Russia negotiations on partial Ukraine ceasefire end after 12 hours in Saudi Arabia
The US-Ukraine and US-Russia talks were originally planned to take place simultaneously to enable shuttle diplomacy, with the United States...Geostrategy
Sudan inks US$6bn UAE deal for new Red Sea port
Sudan signed an initial US$6 billion deal led by United Arab Emirates' AD Ports Group and Invictus Investment to build...The Abu Amama port, to be built north of the existing key hub of Port Sudan, will include an industrial zone.
The signing came a week after Sudan's military and civilian leaders inked an initial accord aimed at ending the crisis since last year's military coup.
EU eyes all acceptable energy price cap as winter arrives
Several EU countries, including France, Poland and Spain, want a price cap lower than the one proposed by the European...The continent has entered a bitingly cold winter with fewer energy options because Russia has reduced gas supplies in retaliation for EU sanctions.
Gas prices are high, albeit lower than during the middle of the year, spurring worries that European homes and businesses could face blackouts.
Bank of China lists $300m bonds
The bank's Fitch A ratings bonds were listed on Nasdaq Dubai.The new listing highlights Nasdaq Dubai's significant role in strengthening links between the capital markets in Dubai and China.
Bank of China's Dubai branch has issued the 2025-maturing bonds at a yield of 4.84 percent.
UAE Financial Restructuring Committee, World Bank discuss bankruptcy law
ABU DHABI, UAE - Members of the Consultative Council of UAE's Financial Restructuring Committee (FRC) has met with experts from...The meeting was held virtually and sought to discuss the latest updates on amendments to the bankruptcy law.
The meeting discussed the proposed amendments to the bankruptcy law in terms of public policy.
Governments of UAE, Egypt launch ‘Egypt Services Center’
ASWAN, EGYPT - The governments of the UAE and Egypt inaugurated the Egypt Services Center in the Aswan Governorate, which...The inauguration is part of the strategic partnership between the two countries in government modernization.
The center will adopt a smart system to provide over 30 individual government services.
US commits US$55bn to Africa over next three years: W.House
One day before President Joe Biden hosts 50 African heads of state as Washington vies for influence in the continent,...Jake Sullivan said the details on $55 billion support to Africa would be revealed during the coming three days of bilateral and multilateral talks
Biden also intends to name veteran US diplomat Johnnie Carson to work full time with African nations to implement the goals that emerge from the summit
Saudi Crown Prince meets Jordanian PM in Riyadh
Earlier on Monday, Jordanian-Saudi ministerial meetings were held to discuss bilateral cooperation in various fields.Earlier on Monday, Jordanian-Saudi ministerial meetings were held to discuss bilateral cooperation in various fields
The two sides also reaffirmed their joint keenness to leverage available and joint opportunities in various fields
Rotterdam port ‘drowning in cocaine’ as gangs become stealthier
A record of nearly 70 tons of the drug was intercepted in 2021, up 74 percent from a year before,...The cocaine is usually hidden in containers, or sometimes underneath ships in openings below the water line where they are then recovered by divers.
Rotterdam mayor Ahmed Aboutaleb has deplored the fact that the port city is "drowning in cocaine", and condemns the violence that accompanies the drug trade.
China begins WTO dispute against US chip export curbs
Beijing, China—China has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said...The United States in October announced new export controls aimed at restricting China's ability to buy and manufacture high-end chips with military applications
Chinese leader Xi Jinping and US President Joe Biden pledged to repair frayed relations at a summit in Bali, Indonesia last month
Libyan accused of Lockerbie bombing charged in US court
The judge presiding over the hearing in a US District Court in Washington read the 71-year-old Masud the charges and...Masud, who allegedly worked as an intelligence operative for the regime of Libyan dictator Moamer Kadhafi, faces three counts related to the bombing
Federal prosecutors said they did not intend to seek the death penalty but Masud could face life in prison if convicted
