Author: Steven Sahiounie

This initiative aligns with the government’s objectives to bolster market supplies, stabilize prices, and lessen the cost of living for citizens

The UAE has jumped three spots from its 2022 ranking to secure the second position globally in the number of greenfield FDI projects

Egypt on March 6 cut the Egyptian pound to about 50 to the dollar from just under 31 pounds, where it had been fixed for the previous 12 months

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Decree No. (13) of 2024 on the Unified Digital Platform for establishing companies in Dubai. The Decree forms part of Dubai’s efforts to enhance its business environment and advance economic growth.

German Chancellor Olaf Scholz told lawmakers in the Bundestag on Wednesday that he will not approve arming Ukraine with Berlin’s long-range Taurus cruise missiles. Kiev has been increasingly vocal about its lack of weaponry and ammunition on the front lines, and has long been requesting the German-made missiles in particular. Scholz has been reluctant, warning that Kiev could avail of the weapons long range to strike targets deep inside Russia, including Moscow and St. Petersburg, exacerbating the conflict. During a plenary session, Scholz reaffirmed his stance to lawmakers, saying the delivery of Taurus missiles was “a line that I don’t want to…

Russia will never participate in Switzerland’s conference on Ukraine even if officially invited, Russian Foreign Ministry Spokeswoman Maria Zakharova said. “Russia does not intend to take part in such a conference even if it is officially invited,” she said, commenting on the issue of Russia’s participation in the event, which is allegedly being prepared in Switzerland. The diplomat pointed out that “this forum will be dedicated to the promotion of [Ukrainian President Vladimir] Zelensky’s ‘peace formula’ of ultimatum, although its Swiss organizers pretend that they are looking for a common denominator of peace initiatives of different countries.” Zakharova emphasized that…

The Israeli occupation’s Prime Minister, Benjamin Netanyahu, proclaimed that the country’s “very survival is at stake”, and believed that “total victory” is attainable. According to Netanyahu, for the Israeli occupation “to win this war,” it must “destroy the remaining Hamas battalions in Rafah,” otherwise “Hamas will regroup, rearm, and reconquer Gaza, and then we’re back to square one.” This statement assumes that the Palestinian Resistance in the Gaza Strip’s center and north have been overcome. However, recent reports of major ambushes, among other operations, are proof that the Israeli occupation has failed to “destroy” the Resistance in general, and Hamas…

Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani on Wednesday received a phone call from the President of the European Council, Charles Michel, state new agency QNA reported.During the call, they discussed ways to strengthen cooperation between Qatar and the EU.They also discussed “key regional and global developments, particularly the situation in the Gaza Strip and the Occupied Palestinian Territories,” QNA said.Sheikh Tamim held a similar phone call with European Commission President Ursula von der Leyen on ways to enhance cooperation, and exchanged views on the Gaza conflict.“Good call with Emir of Qatar Tamim bin Hamad,” von der Leyen said in…

French President Emmanuel Macron’s remark about the potential deployment of troops to Ukraine makes it clear that Western countries have started dividing Ukraine, Russian Foreign Ministry Spokeswoman Maria Zakharova said at a briefing. She pointed out that Macron “continues making statements about possibly sending troops to Ukraine.” “He did not rule out that French troops might be deployed to Ukraine if the Russian army <…> broke through to Kiev or Odessa,” Zakharova noted. “Clearly, Ukraine’s allies have started dividing the country. All the statements that Macron and other political figures from NATO member states are making about the possible deployment…

An Israeli drone targeted a civilian car with a missile on Wednesday morning at al-Housh intersection near the entrance of Rashidieh refugee camp, located at the southern entrance of the city of Tyre in southern Lebanon. Al Mayadeen’s correspondent reported that initial information indicates the martyrdom of one person and the injury of several others in the Israeli attack. An Israeli drone strike had previously targeted a vehicle near Tyre, on the road between Bazouriye and Borj el-Shamali, on January 20th. The Israeli occupation continues its aggression on Lebanese villages, mainly those located on the border with occupied Palestine. Al Mayadeen’s…