Author: Steven Sahiounie

Pioneers on social media re-circulated warnings by Saudi Energy Minister Prince Abdulaziz bin Salman about countries using their emergency stocks of crude oil in an attempt to control prices. Activists circulated a video clip of the Saudi prince warning countries of the world about the repercussions of using their emergency stocks to control prices. And the Saudi energy minister said: “People are depleting their emergency (crude oil) stocks and using them as a tool to manipulate the markets when the right thing is to have them to face any shortage of supplies, and everyone has their choice. It is my…

Oil prices continued to rise, in trading today, Wednesday, after the decision of countries in the “OPEC +” group to reduce more production of black gold to achieve stability in energy markets. And by 10:03 Moscow time, US crude futures rose by 0.55% to $81.15 a barrel, while Brent crude futures rose by 0.61% to $85.46 a barrel, according to Bloomberg agency data. In addition to production cuts, crude prices received support from data from the American Petroleum Institute, which showed that US crude inventories fell by about 4.3 million barrels in the week ending March 31, 2023. And last…

The American magazine “Forbes”, citing a survey conducted by the research firm “Yakov & Partners” and the recruitment agency “Head Hunter”, reported that the majority of Russians working abroad are interested in returning home. According to the results of the survey, 62% of the respondents are ready to return to the country in the near future, either for personal reasons or because of better chances of finding a job. “Among the main reasons (for returning), personal circumstances, better job opportunities and better economic prospects for the country as a whole (Russia) are highlighted,” said Elena Kuznetsova, a co-author of the…

In a statement, Fitch International raised Saudi Arabia’s long-term foreign currency credit rating to “A +” from “A” with a “stable” outlook. The agency attributed this to the strong fiscal and external balances, including the debt-to-GDP ratio and the strong net foreign sovereign assets. The agency said in a statement: “The update (credit rating) of the Kingdom reflects that its positive balance of payments, public debt-to-GDP ratio, and net foreign sovereign assets significantly outperform its (A) and (AA) ratings.” The agency added that the modernization also implies an ongoing commitment to making gradual progress in tax, economic and administrative reforms…

The founder of the famous “Telegram” application, Pavel Durov, maintained his position as the richest man living in the United Arab Emirates, with a fortune of $ 11.5 billion, according to the classification of the American “Forbes” magazine. Forbes magazine’s ranking for the year 2023 showed that Durov ranked 148th in the world with a fortune of $11.5 billion, while Hussain Sajwani, Chairman of Damac Properties, ranked 611 globally, with his wealth rising to $4.5 billion. The Abdullah bin Ahmed Al Ghurair family came in 982nd place with a fortune of $3 billion, followed by Abdullah Al Futtaim and his family in…

The Egyptian Minister of Local Development, Hisham Amna, made attractive offers to the UAE Ambassador to Egypt, Maryam Al-Kaabi, about the many investment opportunities that the Egyptian governorates enjoy. The Egyptian minister expressed the ministry’s aspiration to cooperate with the UAE side through the national project “Egypt’s Hands” for marketing handicrafts and heritage, especially after allocating the project’s permanent headquarters in the village of Fawakhir in Cairo, which is currently being equipped and developed, as well as supporting the marketing process for products in various dimensions, whether electronically or on land. reality. The Minister of Local Development stressed the depth…

Egyptian media revealed that the American company Johnson & Johnson continues to sell its products in the Egyptian market, despite its involvement in spreading cancer in the world because of its carcinogenic products. And the “Cairo 24” website said that the Amazon Egypt website showed that the product is sold inside Egypt on the Amazon platform at a value of 225 pounds, in addition to 26 pounds for the delivery value of 200 grams, despite the company’s announcement that it will stop producing baby powder all over the world. Johnson & Johnson announced that it would pay $8.9 billion over…

The State of Qatar today condemned in the strongest terms the Israeli occupation forces’ storming and vandalism of Al-Aqsa Mosque in Jerusalem, assaulting worshipers inside, preventing ambulances from reaching the injured and evacuating the worshippers in Al-Qibli prayer hall, imposing restrictions on the mosque’s gates and preventing Palestinians from entering. The Ministry of Foreign Affairs said in a statement that it “considers these brutal criminal practices a serious escalation and a blatant infringement of the holy places, an extension of the policy of Judaizing Jerusalem, a violation of international law and resolutions of international legitimacy, and a provocation to the…

The Turkish Ministry of Foreign Affairs today condemned the Israeli police storming of Al-Aqsa Mosque and breaking into Al-Qibli prayer hall, as well as the arrest of hundreds of Palestinians, and violating the sanctity of Al-Haram Al-Sharif (the Noble Sanctuary), and the current historical status quo at the Muslim holy site. It said in a statement that these attacks on worshipers in Al-Aqsa Mosque during the holy month of Ramadan are not acceptable in any way. It expressed its deep concern about the escalation that spread to the region, especially Gaza. The Turkish Foreign Ministry called on the Israeli government…

A senior British government official said today that he was shocked by scenes of the Israeli police raid this morning on Al-Aqsa Mosque and attacking Muslim worshippers. “Shocked to awake to the disturbing scenes of Israeli Security forces’ raid on the Al Aqsa Mosque in Jerusalem injuring many worshippers during Ramadan,” Lord Tariq Ahmad, Minister of State Foreign Commonwealth and Development Affairs, said in a tweet. “Violence only fuels more violence. The sanctity and status of the Holy sites must be respected and protected,” he said. Source: Wafa