World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City
RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...Arts & Culture Business Culture & Society Geostrategy Global Tourism
Chinese-owned tanker hit by Houthi missile in Red Sea
The Panamanian-flagged, Chinese-owned and operated Huang Pu issued a distress call but did not request assistance, US Central Command said....Geostrategy
Tunisia seeks aid package as IMF team set to arrive
The International Monetary Fund is sending a team to Tunisia next week to begin formal talks on a new financial...Tunisia is seeking a two-billion-euro loan, according to a source with knowledge of the preliminary talks.
IMF said 'ready to begin the formal negotiations' but the Tunisian leaders need to implement "ambitious reforms" to deal with the crisis
Turkey raises minimum wage as inflation spirals out of control
Turkey on Friday substantially raised the minimum wage for the second time in a year to cushion the blow from...Turkish currency has lost half its value against the dollar in the past 12 months, which has fueled price rises on imported goods
Economists warn that substantially raising the pay of a large swathe of the population in Turkey is an inflationary measure
Ambitious action required to protect oceans: UN
Oceans produce half the oxygen we breathe, regulate the weather and provide humanity's single largest source of protein.Oceans produce half the oxygen we breathe, regulate the weather and provide humanity's single largest source of protein
Today, a patchwork of agreements and regulatory bodies govern shipping, fishing and mineral extraction from the sea bed
UAE-Indonesia CEPA to launch new era of strategic cooperation‎: Emirati ministers
The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started,...The CEPA with Indonesia is the third of its kind to be signed by the UAE since the year started, following the ones signed with India and Israel in February and May, respectively
The agreement aims to enhance the bilateral trade between the two countries and raise its total value from around US$3 billion in 2021 to US$10 billion annually within five years
Ukraine asks Turkey to detain Russian cargo ship
Ukraine on Friday asked Turkey to detain a Russian-flagged cargo ship that Kyiv alleged had set off from a Kremlin-occupied...Kyiv's ambassador to Ankara said the ship had set sail from Ukraine's Kremlin-occupied port of Berdyansk
The Marinetraffic.com website said the 140-metre general cargo vessel was sailing under the Russian flag
Libyan protesters storm parliament building in Tobruk
Protesters stormed Libya's parliament building in the eastern city of Tobruk on Friday, demonstrating against deteriorating living conditions and political...While recognising "the right of citizens to demonstrate peacefully", parliament condemned "acts of vandalism and the burning" of its headquarters
Two governments have been vying for power for months: one based in Tripoli, led by Dbeibah, and another headed by former interior minister Fathi Bashagha
UAE, Cyprus to strengthen relations in multiple sectors
Anwar Gargash, Diplomatic Adviser to UAE President, discussed developing ties across various domains with Minister of Foreign Affairs of the...The two reviewed means to enhance cooperation to promote progress, prosperity.
They also discussed various developments in the regional and international arenas.
Free trade pact with UAE will help Indonesia, says envoy
The Comprehensive Economic Partnership Agreement (CEPA) signed between Indonesia and the UAE on Friday will bring economic prosperity to a...The trade pact is expected to boost imports of petrochemicals from the UAE to Indonesia
Indonesia imports around two million tonne of petrochemicals annually from the global market
Qatar gives cash-strapped Lebanese army $60m
Lebanon is grappling with an unprecedented financial crisis, branded by the World Bank as one of the planet's worst since...Lebanon is grappling with an unprecedented financial crisis, branded by the World Bank as one of the planet's worst since the 1850s
The small Mediterranean country defaulted on its debt in 2020, the local currency has lost around 90 percent of its value
Europe revives Syria phosphate imports, profiting Russian firm
Syrian phosphates used for fertiliser are being exported to Europe in bulk, benefitting a Russian firm and the sanctions-hit Damascus...The regime in Syria has since 2015 been heavily backed by Russia in its long-running civil war
The trade is growing fast as the war in Ukraine drives up fertiliser and phosphate prices
