Author: Steven Sahiounie

Dubai Chambers has signed a Memorandum of Understanding (MoU) with Bank of China – Dubai Branch – to develop collaboration and enhance cooperation between the business communities in Dubai and China.

Taxi and tuk-tuk drivers in Myanmar’s commercial hub Yangon queued for hours for scarce petrol on Wednesday in the latest shortage fuelled by civil war and a tanking economy.

Economists polled by Reuters had forecast an expansion of 0.6 percent, building on a rapid 0.7 percent recovery in the first quarter of the year from a shallow recession in the second half of 2023.

Dubai-based port operator DP World reported Thursday its half-year profits fell by nearly 60 percent, in part over the ongoing attacks by Yemen’s Houthis over the Israel-Hamas war that have affected shipping through the Red Sea.

Saudi Arabia’s Public Investment Fund and Concacaf on Thursday announced a multiyear partnership aimed at promoting football across North and Central America and the Caribbean.

Steven Sahiounie, journalist and political commentator On July 31, at 2:00 am. local time, Israel assassinated Palestinian leader, and the head of Hamas political office, Ismail Haniya in the Iranian capital of Tehran, hours after he attended the inauguration of the new President of Iran. Iran’s Supreme Leader, Ali Khamenei, vowed to reply to this Israeli aggression and that Israel would pay a price for crossing a red-line and killing a guest of Iran. The Middle East is going through turmoil and on the edge of a regional war that Israeli Prime Minister Benjamin Netanyahu has thrust the US into…

Saudi Foreign Minister Prince Faisal bin Farhan received a telephone call from his Cypriot counterpart on Wednesday, Saudi Press Agency reported. During the call, Prince Faisal and Constantinos Kombos discussed the crisis in the Gaza Strip and its security and humanitarian repercussions. Source: Arab news

The Commissioner-General of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), Philippe Lazzarini, stressed the need for a ceasefire in the Gaza Strip “so that every woman and girl there can regain some of her dignity.” Lazzarini added in a post on X that “women & girls can often spend months without taking a shower, going through several menstrual cycles without washing up.” “They have to cut their hair very short due to lice, lack of shampoo, not enough water or combs,” he added. Lazzarini continued “many said they don’t feel safe, have no privacy or dignity in…

Saudi Arabia’s Tadawul All Share Index ended the week by gaining 65.37 points, or 0.55 percent, to close at 11,915.02. 

 A new round of Gaza ceasefire talks was underway in the Qatari capital Doha on Thursday afternoon, an offical briefed on the meeting told Reuters, with Israel’s spy chief joining his US and Egyptian counterparts and Qatar’s prime minister for the closed-door meeting.The talks, an effort to end 10 months of fighting in the Palestinian enclave and bring 115 Israeli and foreign hostages home, were put together as Iran appeared on the point of retaliating against Israel following the assassination of Hamas leader Ismail Haniyeh in Tehran on July 31.With US warships, submarines and warplanes dispatched to the region to…