Author: Steven Sahiounie

France also evacuate the embassy’s entire personnel France recalls its ambassador to Niger and evacuate the embassy’s entire personnel, French President Emmanuel Macron said on Sunday. “France has decided to recall its ambassador. Our ambassador, together with other diplomats, will return to France in the coming hours,” he said in an interview with the TF1 and France 2 television channels. Source: TASS

International organizations require major reform if the world is to address the growing list of crises facing it, a UAE minister has said. Addressing the 78th session of the UN General Assembly, the Emirates’ minister of state for international cooperation said that institutions such as the UN were crucial for repairing relations, reducing global tensions and establishing peaceful solutions for many issues. “But time and again, geopolitical tensions have held the Security Council back from reaching consensus on urgent matters, even on strictly humanitarian issues,” Reem Al-Hashimy said. “This is why we must engage in serious discussions on its comprehensive and…

According to ASECNA, Niger’s airspace is open for all internal and international commercial flights Rebels who seized power in Niger have closed the country’s airspace for French aircraft, AFP reported on Sunday, citing the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA). Niger’s airspace is open for all internal and international commercial flights, with the exception of French aircraft or aircraft chartered by France, including aircraft belonging to Air France, it said. In response to an AFP’s inquiry, Air France said that its planes don’t fly over Niger. In late July, a group of military rebels in Niger…

Private credit lender Blue Owl Capital Inc. is working to open an office and hire a team in Abu Dhabi focused on capital raising, a move to help strengthen its relationship with wealth fund Mubadala Investment Co., according to a person with knowledge of the matter. The office has become a priority for Blue Owl as it expands its presence in the Middle East, said the person, who asked not to be identified as the details are private. The private credit lender recently secured a $1 billion investment commitment from the Abu Dhabi wealth fund. Representatives for Blue Owl and…

NEW YORK: The world must commit to reform of the international financial structure to enable developing nations to grow and reach development goals, Djibouti’s foreign minister told the UN General Assembly on Saturday. Mahmoud Ali Youssouf criticized what analysts sometimes call “minilateralism” — the tendency of countries to group together in clubs — saying it erodes inclusive multilateralism. He reaffirmed his country’s commitment to intergovernmental negotiations for the Summit of the Future, which aims to reinvigorate multilateralism, boost implementation of national commitments, and restore trust among UN member states. The summit will be held in late September next year in…

LONDON: Kuwait and China have signed seven memorandums of understanding on large-scale construction projects, Kuwait News Agency reported on Sunday. The agreements were signed during Kuwaiti Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah’s visit to Hangzhou at the invitation of Chinese President Xi Jinping to attend the opening ceremony of the 19th Asian Games. It was the crown prince’s second meeting with Xi since the Gulf Cooperation Council-China Summit for Cooperation and Development in December in Saudi Arabia. Kuwaiti Deputy Prime Minister Saad Al-Barrak described the visit as “very important,” with the government working to update its 2035 vision. The…

LONDON: US Ambassador to the UN Linda Thomas-Greenfield announced an additional $73 million in funding to the UN agency for Palestinian refugees, UNRWA, Jordan Press Agency reported on Sunday. The ambassador said that the funding would help supply food to needy families, provide healthcare for children and pregnant women, assist students in furthering their education, and support people affected by the conflict through mental health services. It will also provide emergency humanitarian assistance to residents of Jenin and Ain Al-Hilweh Palestinian refugee camps, both of which have suffered from recent violence. Earlier on Thursday, on the sidelines of the UN…

RIYADH: Hospitality and residential projects worth $1.9 trillion are fueling a transformation of the Middle East, according to a report released ahead of a major industry conference. Saudi Arabia, the UAE, and Egypt are at the forefront of this change, representing 90 percent, or $1.7 trillion, of the total investment, according to research by real estate consultants Knight Frank. These findings were shared in anticipation of the Future Hospitality Summit, scheduled to be held in Abu Dhabi from Sept. 25 to 27. The report stated that the Kingdom leads the regional investment chart with projects worth $1.2 trillion. The UAE…

RIYADH: Talent acquisition, retention, and mentoring will be in the spotlight at the upcoming hospitality summit in the UAE as industry heavyweights gather to discuss the significance of investing in human resources and incorporate the concepts of environmental, social, and governance in the recruitment process. The Future Hospitality Summit scheduled to be held on Sept. 25-27 at Hilton Yas Island in Abu Dhabi under the theme “Focus on Investment” will focus on the importance of prioritizing human capital investment, addressing talent shortage, recruiting, and retaining suitable workforce. According to Mariam Al-Musharrekh, executive director of human resources at Miral — the…

Most bloc members are not eager to purchase Kiev’s produce despite its abundance, Russia’s foreign minister says The European Commission should buy the Ukrainian agricultural produce that the bloc says it doesn’t need and ship it to African countries, Russia’s foreign minister Sergey Lavrov has said at the UN General Assembly (UNGA). Western allies have repeatedly accused Moscow of trapping millions of tons of grain in Ukrainian Black Sea ports and of exacerbating a global food crisis, particularly across the African continent. “Since the European Commission is wasting tens of billions of dollars on Ukraine… it can buy the grain…