INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Russia ready to discuss Turkey’s idea about guarantors for Israel, Palestine, says Lavrov

The organizers said that Russian Foreign Minister Sergey Lavrov will be the guest of honor at the Valdai Middle East Forum. (TASS)
  • According to the Russian foreign minister, the initiative is driven by the intention to de-escalate things and bring the situation back to normal.
  • He said that the Turkish initiative is rooted in the desire to ensure a balance of interests, rather than favoring one party.

PYONGYANG, NORTH KOREA – Russia is ready to discuss and consider Turkey’s initiative to establish a guarantor system in the Israeli-Palestinian conflict, with Moscow and Ankara staying in touch on the issue, Russian Foreign Minister Sergey Lavrov said here.

“We are ready to discuss any constructive proposals. The said initiative … is clearly driven by the intention to de-escalate things and bring the situation back to normal,” Russia’s top diplomat said.

To him, the Turkish initiative is rooted in the desire to ensure a balance of interests, rather than favoring one party at the expense of another, TASS news agency reported.

“We are ready to work together to consider this (initiative),” Lavrov said.

Earlier, Turkish Foreign Minister Hakan Fidan announced Ankara’s plans to address the Organization of Islamic Cooperation (OIC) with a proposal to join forces to resolve the conflict between Palestine and Israel based on a guarantor system.

Tensions flared up again in the Middle East on October 7 when the Palestinian group Hamas staged a surprise incursion into Israeli territory from the Gaza Strip.

Hamas described its attack as a response to the aggressive actions of Israeli authorities against the Al-Aqsa Mosque in Jerusalem’s Old City.

In response, Israel announced a total blockade of the Gaza Strip and began delivering air strikes on the enclave and certain parts of Lebanon and Syria.

Clashes are underway in the West Bank of the Jordan River as well.