Author: Steven Sahiounie

Alaa Moussa, Egyptian ambassador to Lebanon, participated in a meeting of the ambassadors of the five-nation group in Lebanon with caretaker Prime Minister Najib Mikati and ambassadors from Saudi Arabia, France, the US, and Qatar. The Ministry of Foreign Affairs in Cairo said Egypt participated in the meeting to support Lebanon and promote its stability. The ambassador emphasized Egypt’s support for electing a new president for Lebanon 16 months after the position became vacant. He also stressed the urgency of completing this process due to the regional situation. Moussa and other ambassadors emphasized the five-nation group’s role: to assist Lebanese…

RIYADH: Saudi Arabia announced on Sunday it would extend oil supply cuts through June as part of a bid to prop up prices.

Saudi Arabia aims to revolutionize its container shipping sector, mirroring its efforts in non-oil industries

Pakistan newly formed government has elected Shehbaz Sharif as the country’s prime minister following a general election held last month, Sardar Ayaz Sadiq, the speaker for the National Assembly, the lower house of the Pakistani parliament, announced on Sunday. According to media reports, Shehbaz secured 201 votes in the 336-member National Assembly, prevailing over rival Omar Ayub Khan, who received 92. His new term as premier will be the second for Shehbaz, who heads Pakistan’s Muslim League-Nawaz (PML-N) and is the younger brother of another former premier and PML-N founder, Nawaz Sharif. Shehbaz had served as prime minister until August…

The Prime Minister of the Caretaker Government, Mohammad Shtayyeh, met on Sunday, with a delegation of members of the US Congress, which included Senator Cory Booker and Senator Michael Bennett, in his office in Ramallah. The Prime Minister retrieated calls on the United States to support an immediate ceasefire, work to open the crossings in order to bring relief aid into Gaza, and provide basic services in a manner that responds to the humanitarian crisis. He said that the US’ use of its veto power several times to prevent a resolution supporting the Gaza ceasefire in the Security Council encourages…

Former Israeli Security Minister Avigdor Lieberman predicts that war cabinet member, Benny Gantz, will declare the end of Netanyahu’s government. Former Israeli Security Minister Avigdor Lieberman said that Netanyahu’s government has reached its demise. Speaking with the Israeli Occupation’s Army Radio on Sunday, Lieberman predicted that war cabinet member, Benny Gantz, would declare its end. Lieberman stressed that Israeli settlers have given Netanyahu’s government confidence for 5 months during the Israeli war on Gaza but “this is over now” as the occupation has failed to achieve its goals, specifically that of “destroying Hamas.” These failures have ignited several internal conflicts between Israeli officials on different…

RIYADH: Saudi residents can once again boost their savings rates with the commencement of the second round of subscriptions for the savings product “Sah” on March 3. 

DUBAI: Saudi Arabia offers an “extraordinary opportunity” for Irish firms looking to invest in everything from technology to tourism, according to Ireland’s minister for enterprise, trade and employment.

RIYADH: Saudi Arabia’s money supply surged 10 percent in January to reach SR2.72 trillion ($726 billion), the central bank data showed.

On February 29th, Prime Minister Mostafa Madbouly said that Egypt received $5 billion of the first tranche of the agreed-upon funds with ADQ