Author: Steven Sahiounie

Crypto firms argue tokens are commodities and want new laws clarifying their status, although that could take years if Congress remains divided

US Vice President Kamala Harris has secured enough votes of the Democratic delegates, who have been voting virtually, to be formally nominated for president, Democratic National Committee Chair Jaime Harrison said. “I am so proud to confirm that Vice President Harris has earned more than a majority of votes from all convention delegates and will be the nominee of the Democratic Party following the close of voting on Monday [August 5],” he said in a statement. Harrison did not specify how many votes the politician has secured so far. She needs 1,976 delegate votes to win. Harris, who was the…

Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi, on Friday, discussed with his German counterpart, Annalena Baerbock, the dangerous regional escalation that is occurring and the measures needed to stop it and safeguard the security and stability of the region from the possibility of a regional war breaking out. During a phone conversation, Safadi reiterated Jordan’s condemnation of the assassination of Ismail Haniyeh, the head of Hamas’s political bureau, as an escalating crime and a flagrant violation of international law. The two top diplomats spoke about the effects of the Israeli aggression on Beirut, the capital…

A subsidiary of Sweden-based Tethys Oil has signed an agreement for $60 million amortising term loan facility with the UAE’s Abu Dhabi Commercial Bank.

Iran will certainly exercise its inherent and legitimate right to punish the “criminal Zionist gang” for its terrorist attack on Wednesday, which resulted in the killing of Hamas politburo chief Ismail Haniyeh in Tehran, saying the European Union’s silence has emboldened Israel to commit atrocities. Ali Baqeri Kani, acting Foreign Minister, made these remarks during a phone call with Josep Borrell, the EU’s High Representative for Foreign Affairs. Baqeri emphasized that the Israeli regime’s terrorist act, in addition to violating Iran’s territorial integrity and national sovereignty, has endangered regional and international peace and stability. The top Iranian diplomat criticized certain European countries…

Israeli Prime Minister Benjamin Netanyahu has authorized a team of negotiators to go to Cairo for talks on Gaza on August 3 and 4, the Ynet portal said. According to Netanyahu’s office, the delegation will set off for Cairo on Saturday evening or on Sunday, the portal said. Despite the escalation of the situation in the region following the elimination of Hezbollah senior commander Fuad Shukr in Beirut and the death of Hamas leader Ismail Haniyeh in Tehran, Israel stays committed to further talks on hostage release, the prime minister’s office said. The Israeli side continues to insist that the negotiating process…

The Group has delivered stable performance throughout H1 2024, despite challenging conditions impacting both export and domestic markets

In the meeting with the Chinese envoy, Iran’s President emphasized the two important issues of completing the “Road Belt” project and the 25-year cooperation plan between the two countries. On Wednesday evening, during the meeting with Peng Qinghua, China’s President’s Special Envoy and Vice Chairman of the Standing Committee of the National People’s Congress, who traveled to Tehran to participate in the swearing-in ceremony of the fourteenth term of Iran’s presidency, Masoud Pezeshkian called China a strategic partner in the foreign policy of the Islamic Republic of Iran. Pezeshkian stated: China has always been a friend of Iran during difficult…

Cairo –  The Central Bank of Egypt (CBE) offered treasury bills (T-bills) worth EGP 65 billion through two auctions on Thursday, 1 August 2024.

US President Joe Biden has warned Israeli Prime Minister Benjamin Netanyahu against escalation amid a regional war risk, said a report on Friday. In a “tough” phone call on Thursday, Biden told Netanyahu to “stop escalating tension in the region,” and “move immediately toward a Gaza hostage and ceasefire deal,” Axios reported, citing two anonymous US officials. The White House said that during Thursday’s call, Biden and Netanyahu discussed US military deployments to support Israel against various threats. “The President discussed efforts to support Israel’s defense against threats, including against ballistic missiles and drones, to include new defensive U.S. military…