Author: Steven Sahiounie

CAIRO: Startups from across the region and beyond have set a clear path for Saudi expansion after completing successful funding rounds.

NEW YORK/SINGAPORE: Oil prices rose slightly on Friday but remained on track for a third straight week of declines due to weak demand in China, the world’s largest crude importer, and expectations of a ceasefire deal for the Gaza war and related violence in the Middle East.

Ukraine has reached an agreement in principle with a group of foreign investors to restructure its $20 billion debt, as Kiev tries to retain access to international markets, the government has announced.

Gas exports via the Power of Siberia pipeline are expected to hit 38 billion cubic meters in 2025, according to Aleksandr Novak

EU imports of Russian fertilizer soared by 70% to 1.9 million tons between January and May this year compared to the same period in 2023, Vedomosti reported on Tuesday, citing Eurostat data.

The scheme aimed to allow both Russian and foreign investors to free up funds immobilized by Western sanctions

After her meeting with Israeli Prime Minister Benjamin Netanyahu, Vice President Kamala Harris stated that it was time to secure a Gaza ceasefire deal immediately. The vice president and Netanyahu had a 40-minute discussion in her ceremonial office and made a statement afterward. In her statement, she affirmed her commitment to ensuring that “Israel” can defend itself against threats, pointing at Iran, the Islamic Resistance in Lebanon, and the Palestinian Resistance. “I’ve said it many times, but it bears repeating. Israel has a right to defend itself and how it does so matters,” she said. Despite the ongoing Israeli aggression…

“Palestinian unity at this critical juncture in the nation’s history is essential to realizing the dream of an independent Palestinian state,” said the official spokesperson of the Egyptian Foreign Ministry Ahmed Abu Zeid wrote on “X” on Wednesday. On Tuesday, Hamas announced it had signed an agreement brokered by the Chinese government in Beijing with other Palestinian organizations — including rivals Fatah — to work together for “national unity” under the name of “Beijing Declaration”. Source: Ahram Online

The UAE has called for a temporary international mission to lay the foundation for a new governance in Gaza after the war ends. In a statement posted by the UAE state news agency on Thursday, Reem bint Ebrahim Al-Hashimy, the country’s minister of state for international cooperation, said the mission would help establish law and order and respond to the humanitarian crisis in post-war Gaza. The mission should be deployed at the invitation of the Palestinian government, led by “a credible and independent new prime minister” to address the needs of the Palestinian people and rebuild Gaza, Al-Hashimy said. It…

US Vice President Kamala Harris accused former President Donald Trump of backing down from debating her, even though she is willing to participate. Harris claimed to reporters that Trump previously agreed to debate on September 10. “Now appears he is backpedaling, but I’m ready, and I think the voters deserve to see the split screen that exists in this race on a debate stage and so I’m ready. Let’s go on.” The first and last debate between US President Joe Biden and Donald Trump took place on June 27. Widely seen as an abysmal failure for Joe Biden, criticism about his cognitive capacity skyrocketed. The second…