VIENNA, AUSTRIA – The OPEC Fund for International Development (OPEC Fund) is extending a US$50 million loan to Türkiye to support the agricultural and food production sectors, prioritizing 11 cities hit by the devastating earthquakes of February 2023. The Development and Investment Bank of Türkiye (TKYB) will on-lend the funds...

Israel plans to send troops into Gaza's Rafah even without US support, Prime Minister Benjamin Netanyahu told Antony Blinken, as Washington failed to pass a UN resolution on an "immediate" ceasefire. Almost six months of Israeli bombardment since Hamas's October 7 attack has brought Gaza to its knees with many...

For EU leaders, it is their way or the highway as the wealthy, powerful bloc seeks to tame opposition and browbeat defiant countries and individuals into submission.

DUBAI, UAE - With support from the Abu Dhabi Investment Office (ADIO), Hub71-backed ABHI, an embedded finance platform founded in Pakistan, is advancing to its next growth stage by establishing its global HQ in Abu Dhabi to grow its international operations. ABHI joined Hub71, Abu Dhabi’s global tech ecosystem, in...

BEIRUT, LEBANON - "Good morning, madame. This is the bank calling. Are you at home?"   Since the Israel-Hamas war broke out more than three months ago, residents of southern Lebanon have been receiving strange phone calls from Lebanese numbers and from people speaking in Lebanese accents. The voices on the...

A massive air attack targeted schools, a maternity hospital, shopping arcades, blocks of flats, and many other sites, according to Ukrainian officials. The assault triggered international condemnation and fresh promises of military support to Ukraine, which has been fighting off invading Russian troops since late February 2022.

President Joe Biden while expressing his frustration with rightwing Israeli Prime Minister Benjamin Netanyahu referred this week to "indiscriminate bombing" in Gaza". The Democratic US administration is even beginning to talk about a "timetable" for how long Israel's high-intensity military operations can continue.

Biden told a campaign event in Washington that Israel had "most of the world supporting it" after the Hamas attacks, in which Israel tallied 1,200 deaths, mostly civilians. Around 240 were also taken hostage. "But they're starting to lose that support by the indiscriminate bombing that takes place," Biden said.

From L'Oréal's controversy involving model Amena Khan to Chanel's significant financial pledge, the fashion industry is deeply entwined in political discourse amid Gaza conflict.

TEHRAN, IRAN - Iranian President Ebrahim Raisi on Sunday said Israel's ongoing bombardment of Gaza "may force everyone" to act in the latest warning issued by the Islamic republic since the start of the Israel-Hamas conflict. Israel has been pounding the tiny Palestinian territory since Hamas fighters stormed across the border...

CAIRO, EGYPT – Tens of thousands of protesters rallied across Egypt in support of war-torn Gaza on Friday, with large crowds flooding into Cairo's iconic Tahrir Square, an AFP correspondent and Egyptian media said. The correspondent said several thousand packed into Tahrir Square, the epicenter of the 2011 uprising that toppled...

ABU DHABI, UAE - Archer Aviation on Tuesday announced that it has entered into an agreement with Abu Dhabi Investment Office (ADIO) with plans to commence air taxi operations in Abu Dhabi in 2026. As part of this initiative, ADIO plans to support Archer with incentives for establishing its first...

Dubai, UAE--Condemning Israel's relentless bombardment of the Gaza Strip, Qatar's top diplomat has urged Western countries to exert pressure on the Tel Aviv regime to immediately stop its attacks against Palestinians. According to Mehr News Agency, Qatari Foreign Minister Mohammed bin Abdulrahman bin Jassim Al Thani held talks over the...

Cairo, Egypt-- Arab Parliament on Monday endorsed the call for victims of terrorism in the Arab world to be supported "financially and economically" to overcome tragedies. The parliament said that those affected by the evil claws of terrorism in the Arab world must be supported to overcome their tragedies. The...

Aden, Yemen--Yemeni Prime Minister Maeen Abdulmalik affirmed that the economic support Saudi Arabia provides to Yemen represents a vital factor for achieving progress in various service and development sectors. During a cabinet meeting today in Aden, Abdulmalik pointed out that the kingdom's economic support backs the efforts of the Yemeni...

NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support civilians affected by the crisis in Sudan, including roughly 14 million children. Ted Chaiban, Deputy Executive Director for Humanitarian Action and Supply Operations at the UN children’s agency (UNICEF), and...

Firm Saudi Tourism Investment Company has been set up.

RIYADH, SAUDI ARABIA - The  Kingdom of Saudi Arabia was ranked 16 in annual container throughput by the 2023 edition of the Lloyd’s List One Hundred Ports, steadily improving on the 24th position it occupied last year. The Minister of Transport and Logistics Services and Chairman of the Saudi Posts...

ABU DHABI, UAE -  UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field hospital in Amdjarass city. The UAE built the hospital in Chad to support Sudanese refugees. The initiative is the result of joint cooperation between three humanitarian entities in the UAE...

Dr. Sultan bin Ahmed Al Jaber believes that the Caribbean region will have a key role at COP28 in bringing countries together and contributing to a consensus-driven approach across "every climate pillar." He affirmed a just energy transition can be delivered that embraces clean technologies, without sacrificing energy security or...

Rebel mercenaries have seized a crucial military base and are making their way north towards Moscow, presenting a serious security crisis and a significant challenge to Russian President Vladimir Putin's leadership. Regular forces have initiated a counter-terrorist operation to halt their advance, while infighting and divisions among key military and...

Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says US Secretary Antony J. Blinken in an interview.

Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says US Secretary Antony J. Blinken in an interview.

"While commemorating 75 years since the crisis, we remember with sorrow the crime against humanity the Palestinian people faced in 1948, when hundreds of thousands were forcefully displaced and were forced to stay away from their land and home for over seven decades," AlBannai adds

DUBAI, UAE -   The Ministry of Community Development and Etihad Water & Electricity have announced the implementation mechanism of the new support program for low-income farm owners in the UAE. The farm owners have to be registered with Etihad Water & Electricity. This support aims to reduce the financial burden...

Riyadh, Saudi Arabia--Namibia has voiced its support for Saudi Arabia's bid to host Expo 2030 in Riyadh. This was announced by Dr. Alfredo Tjiurimo Hengari, the presidential press secretary to the President of Namibia Hage G. Geingob following his meeting with the Saudi advisor at the royal court Ahmed bin...

The United Nations said it was planning for an outflow of 860,000 people from conflict-torn Sudan, adding that $445 million would be needed to support them just through October. The UN refugee agency said in a statement that it had presented its appeal to donor countries earlier in the day.

Equity markets rose, with Paris hitting a record-high, as investors reacted positively to easing inflation, recession concerns and some strong earnings. The dollar hit a year-low against the euro after official data this week showed high inflation slowing in the United States, fanning hopes the Federal Reserve would soon stop...

CAIRO, EGYPT - Egyptian President Abdel Fattah al-Sisi met Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud at Ramadan Suhoor-meal table in Jeddah early Monday. The trip came as Egypt seeks financial support to alleviate pressure on its currency and strengthen its struggling economy. During...

Warning that it could be left with no option but to cut support for children in Yemen without a funding boost, the UN said that more than 540,000 children under the age of five are suffering life-threatening severe acute malnutrition with one child continuing to die every 10 minutes from...

Israeli Prime Minister Benjamin Netanyahu will hold talks with French President Emmanuel Macron hoping to gain support against Iran's nuclear program. Israel's Paris embassy said the pair would discuss "the international effort to stop the Iranian nuclear program". The prime minister has also said Israel is considering sending military aid...

Families of victims killed in the 2020 Beirut blast rallied to support the judge probing the disaster, after he was charged by Lebanon's top prosecutor in the case. Security was tight at the palace of justice in Beirut, where dozens of family members of the victims gathered to support the...

Months after the floods left most of the country devastated, Pakistan will seek billions in international support toward its recovery and to help it better resist climate change. It will co-host a conference with the UN in Geneva, urging countries, organizations and businesses to step up with financial and other...

Iranian football legend Ali Daei, who has supported protests in the wake of Mahsa Amini's death, said that an airplane from Tehran to Dubai had been rerouted and his family ordered off. Protests have gripped Iran since the September 16 death of Iranian-Kurdish Amini, 22, after her arrest in Tehran.

SWEIMEH, JORDAN - Iran's Foreign Minister Hossein Amir-Abdollahian met Tuesday with EU foreign policy chief Josep Borrell on the sidelines of a summit in Jordan, an Iranian diplomatic source said. The meeting, which was confirmed by Iran's official news agency IRNA, comes at a time when negotiations in Vienna aimed at...

Washington, United States--The Executive Board of the International Monetary Fund on Friday approved a $3 billion loan to Egypt, with an immediate disbursement of $347 million, the IMF said in a statement. Egypt will benefit from the loan over 46 months under the Extended Fund Facility. The agreement is for 2,350.17 million...

DUBAI, UAE - The Dubai Health Authority recently won the 'Best in Future of Operations' category at the International Data Corporation's (IDC) edition of the IDC Future Enterprise Awards. DHA was recognized as an entity that has successfully rethought the ways in which its operations are managed keeping digital transformation...

The United States will provide Jordan with over US$845 million in annual financial support, officials in Amman said as the country remains heavily dependent on foreign aid. Prime Minister Bisher al-Khasawneh was present at the signing ceremony for the allocation of annual financial support of $845.1 million, a Jordanian government...

Pact will help SMEs in UAE gain access to key banking services.

ABU DHABI, UAE -UAE's Ministry of Industry and Advanced Technology (MoIAT) has signed a Memorandum of Understanding (MoU) with Burjeel Holdings to provide high-quality healthcare services to the ministry’s employees and their families. The agreement was signed by Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holdings, and Omar Suwaina...

Kuwait has reiterated its support for a peaceful solution to the Yemeni conflict that can bring about peace and stability in the war-scarred country.

Dubai Electricity and Water Authority is committed to promoting Emiratization in its various divisions by adopting an integrated strategy to support and prepare UAE nationals to fill all engineering, technical and administrative jobs at DEWA.

It will buy stake in a US healthcare firm Ardent.

It has tied up with Cognite to bolster digitization in MENA.

The Emirates Development Bank (EDB) has teamed up with the Hamriyah Free Zone in Sharjah and the Sharjah Airport International Free Zone (SAIF) to provide financial support to small and medium-sized enterprises (SMEs) and startups operating in the free zones.

The Group of Seven industrialized nations said Saturday they would never recognize the borders Russia is trying to shift by force in its war against Ukraine and pledged enduring support for Kyiv. The ministers were joined in the resort of Wangels by their counterparts from Ukraine and Moldova.

Here’s a look at the challenges that await incoming lawmakers in a country where there is little consensus on a roadmap for financial recovery.

Syrian President Bashar al-Assad met with Iran's supreme leader Ali Khamenei and President Ebrahim Raisi during a brief visit to Tehran on Sunday, Iranian state television said. Iran is a major ally of Assad, backing him alongside Russia in Syria's more than decade long civil war.

Hundreds of Tunisians demonstrated Sunday in a show of support for President Kais Saied and a series of extraordinary measures he took since last July that critics have slammed as a "coup". The rallies come as Saied faces mounting criticism over his July 2021 power grab, in which he sacked...

C1, geostrategy, Lebanon, gratitude, Qatar, support, the Lebanese Army, Minister of National Defense, Maurice Sleem, Qatari Ambassador to Lebanon, Ibrahim bin Abdulaziz Al-Sahlawi, diplomatic mission, Beirut