• Hamas expresses dissatisfaction over Israel’s stance on Gaza truce
    A senior Hamas official confirmed that the group's delegation in talks seeking a Gaza truce left Cairo for consultations in Doha, while voicing dissatisfaction with Israel's responses. "We are awaiting the final official response from the enemy (Israel)," said the official, who was involved in negotiations in Cairo but declined to be named.

    Hamas has been insisting on a complete withdrawal of Israeli forces from Gaza, the return of displaced people to their homes.

    Israel has been asking for a list of all hostages still alive in Gaza, a task Hamas says it is unable to complete.

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    Saudi Arabia leads GCC AI healthcare race

    Experts predict AI will contribute $320 billion to the Middle East economy by 2030 and virtual care, remote patient monitoring and AI expected to account for 30 percent of hospital investment.
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  • The UAE has developed into a strategic and powerful center for soft power, with sport serving as one of its most significant pillars, says Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and President of the UAE National Olympic Committee.
    Everyone in the sports delegations taking part in the future forums now has a greater obligation to spare no effort in representing their nation in the best manner to produce the best possible results, he adds, noting that sports championships are the benchmark standard for gauging athletes' performance progress.
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    Saudi Arabia transfers 8% Aramco stake to PIF-owned firms
    Saudi Arabia said it transferred an additional eight percent stake from oil giant Aramco to firms owned by the kingdom's PIF sovereign wealth fund, according to state media. Aramco is the main source of revenue for Crown Prince and Prime Minister Mohammed bin Salman's ambitious economic and social reform program known as Vision 2030.
  • Despite oil riches, Libyans hit by plummeting purchasing power
    Libya earns around $20 billion per year in net revenues from oil and gas exports, which accounts for around 95 percent of state revenue. Much of this wealth pays for a bloated public sector that employs almost one third of the population, as well as for state subsidies meant to guarantee low prices for fuel...

    Libya's dinar currency - which officially trades at 4.8 to the US dollar - has recently dropped on the parallel market from around five dinar to the greenback to 7.5 now

    The cost of living crisis and foreign cash crunch come after the Central Bank of Libya announced steps it said were aimed at ensuring greater financial stability

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    China top diplomat terms war in Gaza a ‘disgrace for civilisation’
    The foreign minister said that the catastrophe in Gaza once again reminded the world that "the fact that the Palestinian territories have been occupied for a long time can no longer be ignored." Beijing has been calling for an immediate ceasefire since the start of the current Israel-Hamas war in October last year.

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  • Envoys push for Gaza truce before Ramadan begins next week
    While negotiators in Cairo tried to surmount tough stumbling blocks, fighting again raged in Gaza where the UN warns famine looms and desperate crowds have stopped and looted food aid trucks. Gazans were waiting to collect bags of flour outside an office of the UN agency for Palestinian refugees, UNRWA, in Rafah.

    US President Joe Biden called on Hamas to accept the truce plan

    Hamas has insisted on a complete halt to the fighting in Gaza

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    Bulk carrier hit by missile from Yemen, crew says three dead
    An anti-ship ballistic missile struck the Barbados-flagged, Liberian-owned M/V True Confidence, after which its crew reported "three fatalities, at least four injuries, of which three are in critical condition, and significant damage to the ship", the US Central Command (CENTCOM) said in a statement.

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  • Israel to start building 3,500 settler homes in occupied West Bank
    The administrative step forward comes after Finance Minister Bezalel Smotrich last month vowed to expand settlements, in response to Palestinian gunmen killing an Israeli civilian and wounding several others in the West Bank.

    Israeli settlement watchdog Peace Now said there were 3,426 homes advanced through a planning committee, across Maale Adumim and Kedar, east of Jerusalem, and Efrat.

    Despite opposition abroad, Israel has in recent decades build dozens of settlements across the West Bank, which are illegal under international law.

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