Author: Steven Sahiounie

Yemen’s Armed Forces (YAF) targeted the Maltese-registered ‘Elbella’ container ship and Cyprus-registered ‘Aal Genoa’ cargo ship. Both were targeted in the Red Sea using drones and ballistic missiles. Spokesperson for the Yemeni Armed Forces Brig. Gen. Yahya Saree announced on Friday that Yemeni forces carried out two joint operations in the Red Sea “against two ships belonging to companies that violated the ban on entry to the ports of occupied Palestine.” The spokesman clarified that the armed forces targeted the Maltese-registered Elbella container ship and Cyprus-registered Aal Genoa cargo ship. Both were targeted in the Red Sea using drones and ballistic missiles. “Both operations…

The Organization of Islamic Cooperation (OIC) strongly denounced the brutal Israeli massacre against UNRWA school housing displaced Palestinians in the Gaza Strip, which resulted in the killing at least 40 civilians and the wounding of several others, the majority of whom are women and children. OIC said in a statement that it considered this an extension of the ongoing crime of genocide in the Gaza Strip and a flagrant violation of the provisions of international humanitarian law, the Geneva Convention and relevant United Nations resolutions, as well as orders issued by the International Court of Justice. The organization also welcomed…

Saudi Foreign Minister Prince Faisal bin Farhan discussed developments in the Gaza Strip and its surroundings with his Canadian counterpart Melanie Joly on Thursday. During a phone call, the ministers discussed relations between the Kingdom and Canada, and regional and international developments. Source: Arab News

The US State Department announced on Friday that Secretary of State Antony Blinken is scheduled to visit Egypt, “Israel”, Jordan, and Qatar next week. His trip aims to address the recent ceasefire proposal for the Gaza Strip and to work on securing the release of remaining Israeli captives in Gaza. “Secretary of State Antony J. Blinken will travel to Egypt, Israel, Jordan, and Qatar from June 10-12, 2024,” the State Department said in a statement. The statement noted that Blinken will engage in discussions regarding the recent proposal and ongoing initiatives aimed at allegedly “easing the suffering of Palestinians in…

Prime Minister Mohammad Mustafa Saturday morning discussed with Turkish Foreign Minister Hakan Fidan the upcoming D-8 extraordinary meeting on Gaza. Prime Minister Mustafa, who also serves as Palestine’s Minister for Foreign Affairs, had a phone call with his Turkish counterpart, Hakan Fidan, during which they discussed the agenda of the upcoming extraordinary meeting of the D-8 Organization for Economic Cooperation (D-8). The Developing-8 (D-8) is set to hold an extraordinary meeting of its foreign ministers in Istanbul on Saturday, 8 June, to address the ongoing Israeli genocidal aggression on the Gaza Strip. Prime Minister Mustafa briefed Turkish Foreign Minister Fidan…

Oman has cut down its public debt to 14.5 billion rials ($36.6 billion), down from the RO15.3 billion recorded at the end of 2023.

Both parties reviewed means to strengthen cooperation between the two entities and mechanisms to promote trade exchange between the two countries

Doha, Qatar: Qatar’s banking sector witnessed continued growth in April this year as commercial banks saw an increase in deposits and credit facilities.

Pakistan is reportedly asking the UAE for a rollover of its $1 billion loan before its maturity period, according to multiple reports in local media.

NEW YORK/LONDON – World stocks climbed and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, while signaling that further moves could take a while.