Author: Steven Sahiounie

Türkiye’s Foreign Minister Hakan Fidan and his Saudi counterpart Faisal bin Farhan al Saud discussed Thursday the situation in Gaza over a phone call, according to Turkish diplomatic sources. The two ministers also spoke on regional developments, the sources added. Israel has killed more than 34,000 Palestinians since a cross-border attack by Hamas on Oct. 7 last year, which claimed about 1,200 lives. More than six months into the Israeli war, vast swathes of Gaza lay in ruins, and 85% of the enclave’s population has been forced into internal displacement amid a crippling blockade of essentials such as food and…

During a telephone call today, President Mahmoud Abbas and the President of the Republic of Finland, Alexander Stubb, discussed the latest developments in Palestine in the light of the ongoing Israeli aggression against the Palestinian people, particularly in the besieged Gaza Strip. President Abbas stressed the need for an immediate ceasefire in Gaza, underscoring the importance of accelerating the introduction of humanitarian, relief and medical assistance, preventing displacement and stopping the dangerous escalation carried out by Israeli forces and extremist colonists in the West Bank, including Jerusalem. He also reaffirmed during the call the new government’s commitment to fulfill its…

Egypt’s President Abdel Fattah El-Sisi has discussed efforts to reach a ceasefire in Gaza with Mark Rutte, prime minister of the Netherlands. During a phone call from Rutte on Thursday, the Egyptian leader warned that any Israeli assault on Rafah will have “catastrophic consequences” for the humanitarian situation in the enclave. The leaders discussed bilateral relations, and ways to enhance cooperation across various political and economic levels consistent with the current momentum in Egyptian-European relations. Ahmed Fahmy, presidential spokesman, said the call also focused on the situation in Gaza, and Egypt’s efforts to restore regional stability by reaching a ceasefire…

Saudi Arabia’s transformation has involved many authors: The government, Saudi citizens, the private sector, and international partners.

Fed officials through much of their battle with a pandemic-driven breakout of inflation said they thought it would take a period of below-trend growth to really bring price pressures into line

On this Arab Day for Financial Inclusion, the focus is on promoting savings to further financial inclusivity

The non-oil trade between the UAE and Chile amounted to $305.1mln in 2023, representing a remarkable growth of 23.6% since 2019

This came about during his meeting with Simon Williams, chief economist for the Middle East, Turkey and Africa, Central and Eastern Europe at HSBC

DUBAI – The United Arab Emirates (UAE) economy grew 3.3% in the first nine months of 2023, preliminary GDP data from the Federal Competitiveness and Statistics Centre showed on Thursday.

The International Monetary Fund on Wednesday opened a new regional office in Saudi Arabia’s capital Riyadh.