Author: Steven Sahiounie

TOKYO: Oil prices extended losses in Asia trade on Tuesday, with investors anticipating lingering US inflation and higher interest rates to depress consumer and industrial demand, according to Reuters.

The loan aims to provide the necessary funds to ensure grain supply, reads the final report of the ARP Finance and Budget Committee

This initiative aligns with the private sector’s commitment to bolster the national economy and supports the FRA’s mission to aid emerging companies in their growth and contribution to the influential Egyptian economy

An expert from a leading international financial audit firm has voiced optimism for strong growth in the Qatar economy for several years to come on account of its huge investment in oil and gas as well as the Qatar National Development Strategy 2024-2030.

Ras Al Khaimah’s mega tourism projects, including world-class hotels, luxurious beach resorts and high-end leisure facilities are seen as promising opportunities for investors

Klaus Schwab, the founder of World Economic Forum, will reportedly transition to role of non-executive chairman

Foreign Minister Sameh Shoukry said five crossings must operate at full capacity to adapt to the humanitarian situation in Gaza.  Egyptian Foreign Minister Sameh Shoukry said that the Israeli war on Gaza created a major humanitarian tragedy for the Palestinians. He stressed that Egypt is continuing its efforts to establish a ceasefire in Gaza and bring in more aid. In a press conference on May 20 with his Greek counterpart Georgios Gerapetritis, in Athens, Shoukry added that they are still working on reaching a ceasefire in Gaza and bringing in more aid into the Strip because the situation is worsening. He revealed…

France and Belgium announced on Tuesday their support for the International Criminal Court’s (ICC) application for the issuance of arrest warrants against top Israeli officials and Resistance leaders. The Chief Prosecutor of the ICC, Karim Khan, stated on Monday that his office is filing applications for arrest warrants before Pre-Trial Chamber I of the ICC against Prime Minister Benjamin Netanyahu and Security Minister Yoav Gallant, making it the first action of its kind taken against any major US partner. Khan said that Netanyahu and Gallant bear criminal responsibility for a list of “war crimes and crimes against humanity” in Gaza, including “extermination…

Israeli Prime Minister Benjamin Netanyahu says he rejects with disgust the ICC arrest warrant directed at him over war crimes in Gaza. Israeli Prime Minister Benjamin Netanyahu expressed his “disgust” on Monday after the International Criminal Court (ICC) prosecutor Karim Khan applied for arrest warrants against him and Security Minister Yoav Gallant over alleged war crimes in Gaza. The ICC is also going after three senior Hamas leaders on allegations of war crimes. Meanwhile, Netanyahu denounced the warrant and defended the crimes being committed by the Israeli occupation forces. “I reject with disgust The Hague prosecutor’s comparison between democratic Israel and the…

Millions of people have taken part in a massive funeral procession for Iranian President Ebrahim Raeisi and his companions who were martyred in a helicopter crash in a remote, mountainous area of Iran’s northwestern province of East Azarbaijan. The funeral ceremony started on Tuesday morning and drew a massive crowd. The mourners marched alongside the coffins, draped with the national Iranian flag, in the northwestern Iranian city of Tabriz.  The participants shouted slogans to pledge allegiance with Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei as well as the principles of the Islamic Revolution, and vowed to stand firm against enemies. The mourners in…