Author: Steven Sahiounie

Israeli media has highlighted increasing discord between the occupation’s military and political leaders over negotiating a ceasefire and prisoner exchange in the Gaza Strip. According to the Makor Rishon newspaper, the situation is critical, with the outcome of the entire war hanging in the balance, not just the fate of the captives. The security and military officials are advocating for a temporary ceasefire, while those opposing any deal have fortified their stance with new arguments, believing that halting the war at this point would be catastrophic. As a result, the rift between them is widening. The newspaper highlighted that Israeli Prime Minister Benjamin…

British energy regulator Ofgem on Friday raised its price cap on household energy bills by 10% from Oct. 1 to an annual level of 1,717 pounds ($2,250.64)

Iranian President Masoud Pezeshkian has condemned Israel’s months-long onslaught on Palestinians in the besieged Gaza Strip, stressing that the occupying regime and the United States would not dare perpetrate any crimes in the region if Muslims were united. Pezeshkian made the remarks at a ceremony on Saturday to renew his cabinet’s allegiance to the ideals of Imam Khomeini, the late founder of the Islamic Republic, in his shrine in southern Tehran at the outset of the Administration Week. Pointing to the crimes committed by the Israeli regime in Gaza, the Iranian chief executive said, “Would Israel have dared to do…

President Abdel-Fattah El-Sisi and US President Joe Biden stressed in a phone call on Friday the importance of the concerned parties’ commitment to overcoming obstacles and showing flexibility to complete the ceasefire deal in the Gaza Strip. During the call, El-Sisi emphasized that reaching an immediate ceasefire agreement in the Gaza Strip is of utmost importance at this critical time, according to the Egyptian presidential spokesperson Ahmed Fahmy. The president stressed the ceasefire urgency for the need to halt the catastrophic humanitarian crisis in the strip and to de-escalate the conflict in the region, given its serious consequences for all…

Traders have protested Kenya’s move to impose new levies on the sale of cereals, legumes, herbs and tubes, saying the move violates regional trade agreements.

The Dangote refinery, with a capacity of 650,000 barrels per day, is currently conducting test runs for Premium Motor Spirit (PMS) production, commonly known as petrol.

In its recent assessment, Fitch Ratings has highlighted the robustness of Kuwait’s banking sector, noting that banks in the country are well-capitalized

Saudi Arabia’s non-oil exports recorded an increase of 10.5 percent during the second quarter of 2024 compared to the same period during the year 2023

Federal Reserve Chair Jerome Powell on Friday offered an explicit endorsement of an imminent policy easing, saying further cooling in the job market would be unwelcome and expressing confidence that inflation was within reach of the U.S. central bank’s 2% target.

Dubai-based Emirati companies invested $1.4 billion in China between 2015 and 2023, reflecting a strengthening trade and economic relationship