Author: Steven Sahiounie

The International Court of Justice (ICJ) today continued its public hearings regarding the legal implications arising from Israel’s policies and practices in the occupied Palestinian territories, including East Jerusalem. The hearings come within the framework of the UN General Assembly’s request for an advisory opinion from the International Court of Justice on the legal consequences of Israel’s prolonged occupation for over 57 years. In the morning session, the court heard briefings from: the Organization of Islamic Cooperation, the African Union, the League of Arab States, Turkey, and Zambia, while Spain, Fiji, Maldives, and the Comoros will present their briefs in the…

Palestinian Prime Minister Mohammad Shtayyeh said on Monday he was resigning to allow for the formation of a broad consensus among Palestinians about political arrangements following Israel’s war against the Islamist group Hamas in Gaza.The move comes amid growing US pressure on President Mahmoud Abbas to shake up the Palestinian Authority as international efforts have intensified to stop the fighting in Gaza and begin work on a political structure to govern the enclave after the war.His resignation must still be accepted by Abbas, who may ask him to stay on as caretaker until a permanent replacement is appointed.In a statement…

DUBAI: Saudi Arabia’s Public Investment Fund plans to tap the debt market for the second time this year with a seven-year dollar-denominated sukuk, a document showed on Monday, Reuters reported.

RIYADH: Profits for Saudi Arabian Mining Co. rebounded in the final quarter of 2023, with the company registering gains of SR890.4 million ($237.4 billion).

RIYADH: Environmental projects in Saudi Arabia are set to receive over SR6 billion ($1.60 billion) in investments until 2030, as revealed by a senior official.  

The authorities believe such platforms have engaged in currency speculation that has led to a devaluation of the country’s national currency

A number of tankers with Sokol grade oil have reportedly been stranded off the coast of India due to Western sanctions

Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows

Moscow will respond in kind if the West goes through with threats to confiscate Russian assets blocked abroad, Finance Minister Anton Siluanov warned in an interview with RIA Novosti published on Monday. He noted that Western states themselves still have assets in Russia that could be jeopardized if the frozen funds are tapped.

Sanctions are a tool used by the “slowing” West to stall the growth of developing countries, Anton Siluanov has said