Author: Steven Sahiounie

Negotiators taking part in a World Trade Organization meeting in the United Arab Emirates ended their summit early Saturday after failing to reach agreements on several major initiatives, the latest sign of turmoil within the global body.

India’s financial intelligence unit has imposed a 55 million rupees ($663,380) fine on Paytm’s banking affiliate.

Reddit Inc. is eyeing a valuation of as much as $6.5 billion in its initial public offering, according to people familiar with the matter.

Google’s decision to remove some apps in India from its app store “cannot be permitted,” Information Technology Minister Ashwini Vaishnaw said on Saturday, amid an ongoing dispute over service fee payments to the US firm.

CAIRO: Startup momentum in the Middle East and North Africa region is on the rise, with the eagerly awaited technology event LEAP24 just around the corner. Regional venture capitals have replenished their funds and burgeoning enterprises have secured financing – preparing Riyadh’s ecosystem for a significant entrepreneurial uplift from March 4 to 7. US-based fintech MoneyHash sealed $4.5 million in a seed funding round to further expand its presence in the Saudi and regional markets. The round was co-led by the UAE’s COTU Ventures and Saudi Arabia’s Sukna Ventures, with additional investments from RZM Investment, Dubai Future District…

Transaction, first announced in September 2023, represents Aramco’s first downstream retail investment in South America

African Union Commission Chairperson Moussa Faki Mahamat has accused Israeli occupation of the mass killing of Palestinians. The chairperson strongly condemned the attack by Israeli occupation that killed and wounded more than 110 Palestinians seeking life-saving humanitarian aid, the African Union AU said in a statement commenting on the massacre committed by the Israeli enemy against the Palestinians a few days ago on Al-Rashid Street. The chairperson called for an international investigation into incident to bring the perpetrators to account. He reiterated the call of the AU for an immediate and unconditional ceasefire in the Gaza Strip. source: SANA

Russian Foreign Minister Sergey Lavrov stated on Saturday that any real moves to improve relations between Turkey and Syria are now difficult due to the ongoing war on Gaza. During the Antalya Diplomacy Forum, Lavrov explained that “practical steps” were not possible at the moment due to events in Gaza “directly affecting” all participants in the process. The Foreign Minister reiterated Russia’s interest in “promoting the normalization of relations between Syria and Turkey … We have been working on this and, in fact, we continue to work on it.” Lavrov went on to say that the United States’ bombardment of certain…

Russia awaits Armenia’s final decision regarding its membership in the Collective Security Treaty Organization (CSTO), Russian Foreign Minister Sergey Lavrov said on Saturday. “We are waiting when we will all receive an official confirmation of what the final decision [of Armenia on the CSTO membership] will be. They say: here we will de facto freeze [the participation] in the CSTO, and if we want we can de jure freeze [it] or de jure quit it,” Lavrov told reporters during the Antalya Diplomacy Forum, adding that the current situation is “not a pretty picture.” Armenia has decided to bet on countries…

Nicaragua has filed a case against Germany at the International Court of Justice (ICJ), accusing it of providing financial and military support to Israel during its war on Gaza, according to an announcement by the ICJ on Friday. The ICJ announced on Friday that Nicaragua had submitted an “application instituting proceedings” and had requested emergency measures, citing Germany’s alleged violations of its obligations under the Genocide Convention and the 1949 Geneva Conventions on the laws of war, particularly in relation to the occupied Palestinian territories, including the Gaza Strip. According to the ICJ, Nicaragua’s submission to the court asserts that…