Author: Steven Sahiounie

Chinese President Xi Jinping has arrived in Astana, the site of the 24th meeting of the Council of Heads of the Shanghai Cooperation Organization (SCO) member states, the Xinhua news agency reported. The Chinese leader left Beijing this morning. He is accompanied by Director of the General Office of the Chinese Communist Party Cai Qi and Chinese Foreign Minister Wang Yi. Xi Jinping is making state visits to Kazakhstan and Tajikistan during this international trip, which will last until July 6. Kazakhstan is chairing the SCO this year. The summit will be held on July 4 at the Palace of Independence in…

Israel carried out fresh strikes in southern Gaza on Tuesday, forcing hundreds of Palestinians to flee after the army once again ordered the evacuation of certain densely populated areas.Witnesses reported multiple strikes in and around the city of Khan Yunis, where eight people were killed and more than 30 were wounded, according to a medical source and the Palestinian Red Crescent.The bombardment came after a rare rocket barrage claimed by the militant group Islamic Jihad, which has fought alongside Hamas.The rockets were aimed at Israeli communities near the Gaza border and were fired in retaliation for Israeli “crimes… against our…

The UAE is committed to collaborating with BRICS countries on joint food security initiatives and the expansion of food trade among member nations.

RIYADH: Cotton trade and food prices were among the topics discussed when officials from the International Islamic Trade Finance Corp. and the World Trade Organization held talks in Switzerland. 

RIYADH: Saudi Arabia’s Jafurah plant will be powered by the Kingdom’s first locally manufactured H-Class gas turbine from GE Vernova, advancing the Kingdom’s energy sector. 

RIYADH: Saudi energy giant ACWA Power Co. has signed financing deals worth SR1.4 billion ($373.1 million) for Tashkent’s Riverside power plant in Uzbekistan, according to a statement on Tadawul.

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 20.97 points, or 0.18 percent, to close at 11,658.53.

SINGAPORE: Oil prices climbed on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter, although global economic headwinds and rising non-OPEC+ output capped gains, according to Reuters.

RIYADH: Saudi real estate projects will take center-stage at a two-day summit in Spain featuring over 100 companies, showcasing major developments and new business opportunities in the Kingdom.     

RIYADH: The global market for carbon removal credits could reach $100 billion annually between 2030 and 2035, up from just $2.7 billion last year