Author: Steven Sahiounie

Speaking at a news conference, the Israeli leader says the Philadelphi Corridor – the border area between Gaza and Egypt – “must be in our hands”. “It must be shut. It is clear that any other arrangement would not ensure the demilitarisation that we seek,” he said. The area is currently controlled by Egypt. He added a rare threat to attack Iran directly over the near-daily exchanges of fire across the Israel-Lebanon border. If Hezbollah expands its attacks in northern Israel “it will suffer blows that it has not dreamed of – and so too, Iran”, Netanyahu said, without elaborating. source:…

Data on manufacturing activity in Russia during December has shown the fastest pace of growth in almost seven years, spurring job creation to a three-month high, a survey by S&P Global published this week reveals.

The Council on American-Islamic Relations ( CAIR ) accused the Biden administration of enabling “genocide” in Gaza. “President Biden has privately admitted the Israeli government is indiscriminately bombing Gaza, yet he once again sent deadly weapons to the Israeli government without congressional approval. This makes our nation complicit in war crimes,” CAIR ’s National Deputy Director Edward Ahmed Mitchell said in a statement. “Sadly, it now appears that President Biden is intent on ignoring the American people and enabling Benjamin Netanyahu’s campaign of genocide, ethnic cleansing and mass starvation in Gaza. If President Biden will not listen to his own conscience, he should at least listen to the majority of…

The trend should continue once Cairo finalizes a free trade deal with the Eurasian Economic Union, Aleksey Tevanyan says

The construction arm of India’s Larsen & Toubro has secured an engineering, procurement, and construction contract for setting up systems related to renewable energy generation and utilities in Saudi Arabia’s AMAALA project. 

International freight forwarding services across the Kingdom will be strengthened further as Saudi Arabia Railways has entered into an agreement with Bahri Logistics.  

Jordan has regulated the export and re-export of essential goods, including rice and sugar, amid soaring shipping costs following tensions in the Red Sea. 

Saudi Arabia’s Tadawul All Share Index experienced a rise on Thursday, gaining 42.57 points, or 0.36 percent, to close at 11,931.92. This marks the highest close since October 2022.

Egypt’s petroleum sector made huge strides in 2023 with the signing of 29 agreements valued at $1.2 billion for oil and gas exploration.

The Gulf Cooperation Council and South Korea are set to bolster their economic ties with a new free trade agreement.