Author: Steven Sahiounie

Germany’s chancellor has told Israeli Prime Minister Benjamin Netanyahu in a phone call that he should conclude a deal on a ceasefire and the release of hostages held by Hamas, a German government spokesperson said on Sunday.Many military objectives in the fight against Hamas have been achieved while civilian casualties and human suffering in Gaza are enormous, Olaf Scholz told Netanyahu, according to a German government statement.“An end to the war in Gaza would be a decisive step toward a regional de-escalation,” the spokesperson said. Source: arab News

German authorities have seized almost 250,000 euros ($279,000) in cash in a nationwide operation targeting cryptocurrency ATMs, the country’s financial regulator BaFin said in a statement on Tuesday.

Factories in Saudi Arabia’s southwestern Najran region have achieved a remarkable milestone by exporting industrial and mineral products to over 25 countries.

A cooperation agreement has been signed between a Saudi business group and a regional entertainment body to develop the industry in the Kingdom and across the Gulf.

London Stock Exchange-listed Dar Global is set to explore new projects in Saudi Arabia and London, marking a strategic expansion in two key markets.

Foreign Ministry spokeswoman Maria Zakharova commented in light of reports that Mongolia did not include Power of Siberia 2 in its national plans for 2028

The State of Kuwait, under His Highness the Amir’s directives, is accelerating reforms to achieve economic development and financial sustainability through building strategic partnerships with major countries.

Egypt’s external debt service surged to $23.8 billion in the first nine months of the fiscal year (FY) 2023/2024, compared to $17.8 billion in the same period a year earlier

Investments in Saudi Arabia’s maritime sector have exceeded SR25 billion ($6.66 billion), thanks to successful collaborations between the Saudi Ports Authority and private sector partners.

The Iranian parliament (Majlis) has ended the debate on nominees for the country’s new cabinet and approved all of President Masoud Pezeshkian’s 19 cabinet picks. In a session on Wednesday, following four days of intense deliberations and hearings, the lawmakers voted in favor of all 19 ministers proposed by the new president. Pezeshkian submitted the list of his proposed ministerial picks to the parliament for a vote of confidence on August 11, 12 days after his swearing-in ceremony. The lawmakers convened on Saturday to discuss the qualifications and programs of the ministerial nominees and the process continued till Wednesday before the voting took…