GCC News

Saudi foreign minister discusses Gaza with Algerian counterpart 

RIYADH: Saudi foreign minister Prince Faisal bin Farhan on Saturday held a phone call with his Algerian counterpart Ahmed Attaf, state news agency SPA reported. During the call, the two ministers discussed Gaza developments and reiterated the need for increased coordination to achieve a ceasefire. They also emphasized “intensified efforts to halt the ongoing Israeli escalation and…

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US interest rate cut could see funding taps turn on for GCC startups

RIYADH: After almost two years of rate hikes, the US Federal Reserve has slashed interest rates by half a percentage point to a range of 4.75-5 percent, but what does this mean for the startup and venture capital ecosystem?  The relationship between the US Federal Reserve and the global startup ecosystem is somewhat complicated.  Washington’s…

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A modern ‘Trojan Horse’: two days of mayhem in Lebanon

PARIS: It’s around 3:30 in the afternoon on September 17. People in Lebanon are going about their daily business, doing the shopping, having a haircut, conducting meetings.Hundreds of pagers across the country, and even outside its borders, then simultaneously bleep with a message and explode, wounding and killing their owners and also bystanders.The communications devices…

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Second edition of Saudi Film Confex will put development of local movie industry in the frame

RIYADH: The second Saudi Film Confex will take place in Riyadh between Oct. 9 and 12 with the aim of empowering and developing the film industry in the Kingdom, and promoting investment and partnership opportunities, the Saudi Broadcasting Authority said on Thursday. The event will include 30 panel discussions and workshops covering key industry topics…

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Saudi minister visits Kuwait to pass on Saudi leaders’ condolences after royal’s death

KUWAIT: Saudi Arabia’s interior minister, Prince Abdulaziz bin Saud visited Kuwait on Wednesday to convey to the country’s emir, Sheikh Meshal Al-Ahmad Al-Sabah, the condolences of King Salman and Crown Prince Mohammed bin Salman following the death last week of Sheikh Bader Nasser Al-Hamoud Al-Jaber Al-Sabah.Prince Abdulaziz also offered the Saudi leaders’ condolences to Prime…

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Pager and walkie-talkie blasts targeting Hezbollah across Lebanon raise questions, stoke Middle East tensions

LONDON: At precisely 3:30 p.m. local time on Tuesday, an estimated 3,000 pagers carried by Hezbollah members beeped several times before exploding simultaneously, killing at least 12 people and injuring thousands more across Lebanon and parts of Syria. At least eight of the dead were reportedly members of Iran-backed Hezbollah, and the many wounded included…

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2025 named ‘Year of Handicrafts’ to showcase Saudi artisan talents worldwide

JEDDAH: The Ministry of Culture has announced 2025 as the “Year of Handicrafts,” recognizing the cultural and artistic significance of this tradition in Saudi society. The initiative, approved by the Cabinet, aims to celebrate Saudi artisans’ creativity and showcase their talents globally. Minister of Culture Prince Badr bin Abdullah bin Farhan expressed appreciation for the…

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