Author: Steven Sahiounie

The UAE ’s Foreign Minister Sheikh Abdullah bin Zayed Al-Nahyan has had talks with US Secretary of State Antony Blinken on diplomatic efforts to counter the rising conflict in the Middle East. During the phone call, the officials also discussed ways to secure a ceasefire in Gaza and increase humanitarian aid to the enclave, state news agency WAM reported on Friday. Sheikh Abdullah “underscored the importance of putting an end to extremism and halting escalating tensions and violence in the region, which threaten regional and global peace and security.” Tension has risen after 12 people were killed recently in the…

The first vice president of Iran has traveled to Qatar to attend the funeral procession for Hamas’s political leader Ismail Haniyeh. Mohammad Reza Aref left Tehran for Doha on Friday morning to partake in the burial of Haniyeh, who was assassinated in Tehran on Wednesday. Haniyeh was killed in a special residence in northern Tehran after being hit by an aerial projectile in the early hours of July 31. The Hamas chief was in Tehran to attend the new Iranian president’s swearing-in ceremony. A funeral procession was held for the Palestinian figure in Tehran on August 1. Leader of the…

The Ethiopian birr weakened by 28% against the dollar this week after the central bank adopted a market-determined foreign exchange rate

Manufacturers across the United States, Europe and Asia turned in a weak performance last month as factories grappled with tepid demand

DOHA: The National Planning Council has released the Consumer Price Index (CPI) for the month of June 2024 which revealed the CPI of June 2024 reached 107.52 points showing a decrease of 0.07% when compared to CPI of May 2024. Compared to CPI of June 2023, [Y-o-Y] basis, an increase of 0.98% has been recorded in the general index (CPI) of this month.

Riyadh: The Saudi Export-Import Bank (Saudi EXIM Bank) and Chilean Foreign Investment Promotion Agency (InvestChile) have signed a memorandum of understanding to strengthen cooperation and commercial ties, promote Saudi exports and investments in Chile, and increase non-oil Saudi exports to Chilean markets.The agreement was signed by Saudi EXIM Bank CEO Eng. Saad Alkhalb and InvestChile representative on the sidelines of a Saudi-Chilean investment roundtable in Santiago, Chile.Alkhalb stressed that the memorandum is a major advancement in fostering economic and trade relations, collaborative investment initiatives, and increased opportunities for cooperation between commercial enterprises and financial institutions in the two countries.He also…

ABU DHABI: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 5.40 percent.

The assassination of the head of the Hamas Political Bureau Ismail Haniyeh, undermines the establishment of a potential political solution in the Gaza Strip, the Brazilian Foreign Ministry said on Wednesday. In a statement issued by the Foreign Ministry, Brazil denounced the Israeli aggression against Iranian territories and sovereignty as a clear violation of international charters, which undermines the possibility of achieving “peace” in the region. “Such acts further diminish the chances of a political solution to the conflict in Gaza, negatively impacting the ongoing negotiations for a ceasefire and the release of hostages,” the statement further said. Brazil also condemned Haniyeh’s assassination, called for…

In a solemn ceremony at Tehran University on Thursday, Ayatollah Sayyed Ali Khamenei, the leader of the Islamic Revolution, led funeral prayers for Hamas Political Bureau chief Ismail Haniyeh and his security guard, Wasim Abu Shaaban, both assassinated by “Israel” during Haniyeh’s visit to Tehran. A large number of Iranian mourners gathered to pay their respects and participate in the funeral procession for the fallen Hamas leader and his bodyguard. Haniyeh had been in Tehran to attend the inauguration of Iran’s newly-elected President, Masoud Pezeshkian, along with other prominent figures from the Axis of Resistance. Ghalibaf: Era of ‘Israel’s’ unchallenged attacks has…

Saudi Arabia’s King Salman bin Abdulaziz Al Saud has sent a written message to Iran’s President Masoud Pezeshkian concerning relations between the two countries. The message was submitted to the new Iranian president by Minister of State Prince Mansour bin Miteb bin Abdulaziz, who was in Tehran on Tuesday to participate in the swearing-in ceremony of Pezeshkian, the Saudi Press Agency reported on Wednesday. Later on Tuesday, Prince Mansour and his accompanying delegation were received by Pezeshkian in a meeting, during which the Saudi official conveyed the greetings of King Salman, as well as Mohammed bin Salman, Crown Prince and Prime Minister, to…