Author: Steven Sahiounie

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.

Gold prices held firm on Friday and were set for their first weekly gain in three as traders stepped up bets that the Federal Reserve will start cutting rates soon, sending the dollar and Treasury yields lower.

The U.N. Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, averaged 120.4 points in May, up 0.9% from its revised April level, the FAO said

The Labor Department’s closely watched employment report on Friday also showed the unemployment rate ticked up to 4.0% from 3.9% in April