Author: Steven Sahiounie

Russia on Friday expressed support on Friday for Türkiye’s initiative to normalize relations with Syria, saying it is prepared to assist in the process. At a news conference in Moscow, Foreign Ministry spokeswoman Zakharova praised the ongoing Russian-Turkish collaboration on Syrian issues, highlighting the regular interactions between the two countries in this regard. “We are committed to continuing our close cooperation with our Turkish partners within the Astana format, which remains the only effective international mechanism for advancing a peaceful resolution,” she emphasized. Zakharova said Moscow successfully hosted a series of four-party meetings in 2023 with Türkiye, Syria, and Iran,…

United Nations chief Antonio Guterres declared on Friday that there is no alternative to the UN Palestinian refugee agency UNRWA and 118 countries backed the relief organization as indispensable, amid stepped up efforts by Israel to dismantle it.The UN Relief and Works Agency provides education, health and aid to millions of Palestinians in the Gaza Strip, the West Bank, Jordan, Syria and Lebanon. Since war erupted nine months ago between Israel and Palestinian militant group Hamas in Gaza, UN officials have stressed UNRWA is the backbone of aid operations.“My appeal to everyone is this: Protect UNRWA, protect UNRWA staff, and…

The UN’s top court will next week hand down its view on the legal consequences of Israel’s occupation of Palestinian territories since 1967, a case in which some 52 countries made submissions.Any opinion delivered by the International Court of Justice would be non-binding, but it will come amid mounting international legal pressure on Israel over the war in Gaza sparked by the brutal October 7 Hamas attacks.”A public sitting will take place at the Peace Palace in The Hague (on July 19) … during which Judge Nawaf Salam… will read out the Advisory Opinion,” the ICJ said on Friday.The ICJ…

Tech billionaire Elon Musk’s X platform is misleading users with its blue checkmarks for certified accounts, and is also violating EU content rules, Brussels said Friday, in a finding that could lead to hefty fines.

Republican lawmakers asked the Biden administration for an intelligence assessment of Microsoft’s $1.5 billion investment in UAE-based artificial intelligence firm G42 over concerns about transfer of sensitive technology and G42’s historic ties to China.

A decrease in food prices contributed to Egypt’s annual consumer price inflation rate reaching 27.1 percent in June, slightly down from 27.4 percent in the previous month

RIYADH: Saudi Arabia’s Tadawul All Share Index ended the week in green, gaining 8.32 points, or 0.07 percent, to close at 11,792.41.   

Saudi Arabia has expanded access to its local bond markets by appointing five more financial institutions as primary distributors of government debt instruments. 

From accelerator program graduations and fintech funding boosts to market entries and technology partnerships

: Reestablishing a business council with Canada after a five-year hiatus is the latest example of the pivotal role the Federation of Saudi Chambers is playing in facilitating international trade, experts have insisted.