Author: Steven Sahiounie

Turkish Foreign Minister Hakan Fidan will attend an Organization of Islamic Cooperation (OIC) Council of Foreign Ministers summit in Jeddah, Saudi Arabia on Tuesday, said an official statement. “H.E. Mr. Hakan Fidan, Minister of Foreign Affairs of the Republic of Türkiye, will attend the Extraordinary Session of the OIC Council of Foreign Ministers to discuss the Israeli aggression against the Palestinian people on 5 March 2024, in Jeddah,” said a Monday Foreign Ministry statement. “The meeting will follow up the decisions taken at the Arab League-OIC Extraordinary Summit held on 11 November 2023, in Riyadh,” the ministry added, referring to…

It is equally honorable to be Russia’s enemy or friend, but the country has more friends and allies around the world, Russian President Vladimir Putin said during a meeting with Moscow Mayor Sergey Sobyanin. Commenting on the situation in the capital, Sobyanin noted significant results “despite the enemies’ attempts.” “But we have more friends,” Putin said, adding that “there is this famous saying: it is equally honorable to be our friend and enemy.” “God bless them,” Sobyanin responded. According to him, Moscow’s results in 2023 are “one of the best in all of contemporary history.” “We understand that the threats…

The MSCI GCC Index remained elevated by the end of the month and closed after receding marginally in the last week with gain of 4.2%

Fitch Solutions attributes the projected decrease in the current account surplus to increased government spending on public sector salaries and subsidies

To “ensure Iran’s central role in global energy”, $80 billion will be invested in the development of its gas fields, Owji said while at the seventh summit of the Gas Exporting Countries Forum (GECF) held in Algeria

The euro was a fraction firmer at $1.08455, sterling was up 0.13% at $1.2670 and the Japanese yen fluctuated around the closely watched 150 per dollar level

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.7%, after snapping a five-week winning streak with a slight drop last week

The new figures reveal that DMCC is now home to over 14 percent of the estimated 6,000 Chinese businesses based in the UAE

The signing happens whilst Griffith is in KSA to attend LEAP 2024, a leading global tech event known as the ‘Digital Davos’

This increase has exceeded 180 percent, and there was a 220 percent rise in employers registered with the fund from the private sector in the first quarter of 2024