Author: Steven Sahiounie

The International Court of Justice (ICJ) convened Friday evening to deliver an advisory opinion on the legal consequences of Israel’s occupation of Palestinian territories since 1967. The ICJ is holding a public sitting at the Peace Palace in The Hague, the seat of the Court, during which Judge Nawaf Salam, President of the Court, will read out the advisory opinion. The ICJ’s decision could increase pressure on Israel over its ongoing genocidal onslaught on the Gaza Strip. This development coincides with a separate case brought by South Africa to the ICJ, accusing Israel of committing genocide in the war-torn coastal…

NEW YORK: Oil prices fell on Friday, putting them on track for a second weekly decline, as a strong dollar and mixed economic signals weighed on investor sentiment, according tot Reuters.

RIYADH: Saudi-based human resources firm Tharwah is planning to use the anticipated SR50 million ($13 million) raised from its Nomu listing to fund its expansion plans

CAIRO: Regional startup activity has seen many acquisitions and funding rounds in recent weeks, with climate technology, artificial intelligence, and Web3 garnering the most attention. 

RIYADH: Energy giant Saudi Aramco has completed the issuance of a $6 billion US dollar-denominated international bond, marking the state oil firm’s return to the debt market after a hiatus of three years.  

MUNICH: German aerospace company Lilium NV is making its debut in Saudi Arabia with a groundbreaking deal to supply up to 100 electric vertical take-off and landing jets to Saudia, the Kingdom’s first national carrier.

Deputy Prime Minister and Minister of Foreign Affairs and Expatriates , Ayman Safadi, on Thursday, met with his Egyptian counterpart, Badr Abdel Ati, and discussed efforts to halt Israeli aggression on Gaza, put an end to what is causing a humanitarian catastrophe and the threat it poses to regional security. In order to achieve an immediate and permanent ceasefire, secure immediate access for humanitarian aid to all areas of Gaza, open all crossings for the entry of immediate, sufficient, and unconditional aid to the Palestinian people throughout the Gaza Strip, and initiate a practical plan, Safadi and Abdel Ati reaffirmed…

PM Madbouly welcomed the US ambassador, affirming the strong strategic and historical relations between Egypt and the US and praising the constructive cooperation and active partnership over decades with successive American administrations, according to the Egyptian cabinet. Their meeting included discussions on several visions and proposals that would promote bilateral relations in areas of priority for both countries. Madbouly emphasized Egypt’s commitment to supporting these relations across various fields and removing all obstacles that hinder developing and expanding them to broader horizons. Moreover, he expressed his appreciation for the US support for Egypt in many stages of their distinguished relations. Madbouly noted the role of the United States Agency…

The Jordanian Ministry today condemned the Israeli Knesset’s approval of a draft resolution rejecting the establishment of a Palestinian state. The Ministry affirmed in a statement that this step constitutes a new and serious violation of international law and a further challenge to the international community. The Ministry’s official spokesman, Sufyan Al-Qudah, said that all decisions and steps issued by Israel, the occupying power, are invalid and must be repealed and do not change the reality and reality of its occupation of the Palestinian territories, and do not affect the continued application of the Fourth Geneva Convention of 1949 relating…

The Israeli Knesset voted to pass a resolution rejecting the establishment of a Palestinian state on Thursday ahead of Israeli Prime Minister Benjamin Netanyahu’s potential visit to Washington. Parties from Netanyahu’s coalition and right-wing parties from the opposition, including Benny Gantz’s State Camp party, co-sponsored the resolution. Meanwhile, Finance Minister Bezalel Smotrich said in the Knesset, “The Palestinian State cannot be established because there is no such thing as a Palestinian people.” Knesset members from Opposition leader Yair Lapid’s Yesh Atid party left the hall to avoid voting on the resolution, despite the party taking a strict position in favor…