Author: Steven Sahiounie

According to its May report, the UAE’s non-oil GDP registered a significant year-on-year (YoY) increase of 7.3 percent in Q2 2023

At the end of Q1 of 2024, the public revenue amounted to OMR2.826 billion

The bank expects a policy rate of 5.5% by 2024-end, consistent with its latest US Fed forecasts

The two sides discussed mechanisms of supporting joint investments, and incentivizing private sector to establish innovative investment projects in major sectors that will serve the two countries economic approaches

Downside risks stem mainly from adverse regional geopolitics and lower energy prices

Downside risks stem mainly from adverse regional geopolitics and lower energy prices

Foreign Minister Hakan Fidan on Tuesday said Israel, which has continued its military offensive in the Gaza Strip for more than seven months, is getting “more alienated and isolated” due to its policies. “Israel is getting increasingly alienated and isolated by the international community,” Fidan told a press conference alongside his Austrian counterpart Alexander Schallenberg in Ankara. “Just as it was wrong to kill innocent Jews in concentration camps, it’s equally wrong to kill innocent Palestinian children in their beds with bombs,” Fidan said, referring to the killing of more than 35,000 Palestinians, most of them women and children in…

Foreign and Expatriates Minister, Fayysal Mikdad, met on Tuesday morning Lebanese Minister of Foreign Affairs and Expatriates, Abdullah Bou Habib. The meeting comes on the sidelines of preparatory meeting of Arab foreign ministers of Arab League Council at the summit level, hosted by Bahraini capital, Manama. Both ministers discussed the developments in occupied Palestinian territories, the catastrophic effects of Israeli aggression on Palestinians, in addition to the efforts exerted to stop the genocide there. The two sides also discussed the topics put on the agenda of Arab Foreign Ministers’ meeting, most important of which is boosting joint Arab action in…

US Secretary of State Antony Blinken arrived in Kiev on a visit, during which he expects to discuss issues of providing military assistance to Ukraine from Washington, Reuters reported citing a source. According to the report, Blinken “hopes to send a strong signal of reassurance to the Ukrainians who are obviously in a very difficult moment,” said a US official who briefed reporters traveling with Blinken on condition of anonymity. “The Secretary’s mission here is really to talk about how our supplemental assistance is going to be executed in a fashion to help shore up their defenses (and) enable them to increasingly…

Israel’s military operation in Rafah has set truce negotiations with Hamas “backward,” mediator Qatar said on Tuesday, adding that talks have reached “almost a stalemate.”“Especially in the past few weeks, we have seen some momentum building but unfortunately things didn’t move in the right direction and right now we are on a status of almost a stalemate,” Prime Minister Mohammed bin Abdulrahman Al-Thani told the Qatar Economic Forum.“Of course, what happened with Rafah has set us backward.”Qatar, which has hosted Hamas’s political office in Doha since 2012, has been engaged — along with Egypt and the United States — in…