Author: Steven Sahiounie

Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space.

Canada, following the lead of the United States, said on Monday it would impose a 100 percent tariff on the import of Chinese electric vehicles and also announced a 25 percent tariff on imported steel and aluminium from China.

Tesla chief Elon Musk, who also owns social media platform X, said on Monday he feels California should pass an AI bill that would require tech companies and AI developers to conduct safety testing on some of their own models.

Pakistan aims to raise up to $4 billion from Middle Eastern commercial banks by the next fiscal year, the country’s central bank chief told Reuters on Tuesday, as the country looks to plug external financing gaps.

President Masoud Pezeshkian said in a video published on Tuesday that fuel subsidies made no sense in Iran, a major oil producer with a struggling economy that has faced protests in the past over price hikes.

Al-Khobar: The Federation of Gulf Cooperation Council (GCC) Chambers is scheduled to organize the second edition of the Gulf-Azerbaijan Economic Forum on September 25, under the theme “Sustainability, Investments, Partnerships,” in Baku.

The value of the allotted Treasury bills amounted to OMR10 million, for a maturity period of 28 days. The average accepted price reached RO 99.635 for every RO 100

Saudi Arabia’s international trade surpassed $130.84bln, with merchandise exports totaling $78.53bln, comprising 60% of the overall trade.

Indian Prime Minister Narendra Modi told Russian President Vladimir Putin in a telephone conversation that he would like to help in the settlement of the Ukrainian conflict, the Kremlin’s press office said in a statement on Tuesday. “Narendra Modi briefed [Putin] on his recent visit to Kiev, emphasizing his interest to contribute to a possible political and diplomatic settlement of the situation around Ukraine,” the statement reads. The telephone conversation between the leaders of Russia and India came shortly after Modi paid an official visit to Kiev on August 23, which was the first one for an Indian head of…

Egyptian President Abdel-Fattah El-Sisi and Iraqi Prime Minister Mohammed Shia al-Sudani emphasized the urgent need to end the humanitarian crisis in the Gaza Strip. This came during a meeting between President El-Sisi and the Iraqi PM on Tuesday in Cairo, where they tackled means to address a host of serious challenges impacting the region. The two leaders called on the international community to exert substantial pressure to reach a ceasefire agreement in Gaza, and put an end to the ongoing Israeli escalation in the occupied West Bank, according to a presidential statement. They also advocated for initiating a genuine political process to guarantee…