Author: Steven Sahiounie

Turkish Foreign Minister Hakan Fidan will start a two-day visit to Egypt on Sunday to discuss boosting bilateral relations and current international and regional developments with Egypt’s Minister of Foreign Affairs Badr Abdelatty, the Turkish Foreign Ministry announced on Saturday. Turkish state TV TRT said the two top diplomats would review preparations for the first High-Level Strategic Cooperation Council meeting, set to take place during Egyptian President Abdel-Fattah El-Sisi’s upcoming visit to Turkey. They will also evaluate the current status of nearly 20 agreements expected to be signed during the meeting. FMs Abdelatty and Fidan will also discuss developments in the Gaza war,…

“Israel” and the United States will regret the assassination of Ismail Haniyeh, the head of Hamas’ political bureau, after Iran’s “crushing and clever response,” Parliament Speaker Mohammad Baqer Qalibaf said on Sunday. “The sweet taste of a celebration of religious popular sovereignty…[in] the Islamic Republic turned bitter by the martyrdom of operational and political commanders of the Resistance, particularly Ismail Haniyeh, who was our guest,” the politician said during an open parliamentary session, referring to the late Hamas leader’s presence in Tehran for President Masoud Pezeshkian’s inauguration. “Undoubtedly, the Islamic Republic’s crushing and clever response will leave a sweet taste in the mouth of…

Interim Foreign Minister Ali Bagheri Kani has expressed Iran’s “serious resolve” to bring Israel to account for its crimes and adventures that put the region at risk. In posts on his X account early on Sunday, Bagheri Kani said that he had discussed regional developments with top Jordanian and Egyptian diplomats during his second telephone conversation with the pair in the past 48 hours. “The situation in West Asia is particularly critical due to continued crimes and dangerous adventures of the ruling criminal gang in Tel Aviv,” he said. “The regional Muslim countries should adopt a unified and decisive position and take…

Negotiations held in Cairo on Saturday regarding a ceasefire in the Gaza Strip and a potential hostage exchange have reached a deadlock, according to Axios political reporter Barak Ravid. Despite the high-level discussions, no breakthrough was achieved. A high-level Israeli delegation had arrived in Cairo to engage with Egyptian special services on the matter. However, two Israeli officials reported that the talks did not produce the desired results, with negotiations remaining stalled and a resolution seemingly distant. The stalemate follows reports from the Spanish news agency EFE on Friday, which cited Egyptian security services indicating that contacts between Egyptian and Qatari intermediaries with the…

The French and US foreign ministers called on all sides in the Middle East “to exercise the utmost restraint” to prevent a regional conflict, France’s foreign ministry said Saturday.French Foreign Minister Stephane Sejourne discussed the rising tension in the region by telephone with his US counterpart Antony Blinken, said a ministry spokesman.“They agreed to continue to call on all parties to exercise the utmost restraint to prevent any regional conflagration that would have devastating consequences for the countries in the region,” he added.They will also continue their joint efforts for a lasting ceasefire in Gaza, the spokesman added.The meeting comes…

Minister of Foreign Affairs Badr Abdelatty urged Saturday in a phone call with Iran’s Acting Minister of Foreign Affairs Ali Bagheri Kani that all parties must exercise calm and restraint to prevent current tensions in the Middle East from spiralling out of control. FM Abdelatty made his statements in a phone call to Bagheri as part of Egypt’s ongoing communications with all concerned parties to contain the current escalation and reduce regional tensions, according to the Egyptian foreign ministry. The Egyptian foreign minister stressed to his Iranian counterpart that the recent unprecedented developments in the region are extremely dangerous and pose a…

The report revealed that residential land plot prices have increased by 2.8% year-on-year, primarily driven by the residential sector, significantly impacting the overall increase in real estate prices

Dubai has climbed the rankings to become the most expensive city in the Middle East for international workers

GCC debt capital market (DCM) issuances are moving towards the $1 trillion outstanding mark, growing through 2024 and 2025, Fitch said in a new report.

Dubai-listed Emirates REIT has partially redeemed its $380 million sukuk after announcing the sale of Trident Grand Mall in Jumeirah Beach Residence (JBR) last month.