CAIRO: The Arab League secretary-general said in Brussels that Israel’s aggression in the Gaza Strip could undermine any chance for peace and extinguish hopes of achieving a two-state solution, posing significant risks not only for the Middle East but also for international security.Ahmed Aboul Gheit issued the warning while taking part in a series of…
Israeli tanks penetrated the heart of Rafah on Tuesday despite global outrage over a strike that set ablaze a crowded camp in Gaza’s far-southern city, killing 45 people according to Palestinian officials. Israeli tanks were “stationed on the Al-Awda roundabout in the center of the city of Rafah,” a witness said. A Palestinian security source…
KUWAIT: Boursa Kuwait hosted investor relations workshops in collaboration with Instinctif Partners, a strategic reputation advisory firm based in Europe, the Middle East and Africa, at the bourse’s premises on May 27, 2024, targeting companies listed in the Kuwaiti capital market. The workshops aimed at enriching the awareness and understanding of the latest, best-in-class standards and…
Muscat: Pursuant to the Council of Oman’s keenness to develop the capital market sector, activate its role as funding option, enhance the contribution of commercial companies to the local economy and to augment the market value of Muscat Stock Exchange and to increase the number of companies listed therein, His Majesty the Sultan issued Royal directives…
RIYADH: The General Directorate of Public Security announced that recruiters who postpone reporting the departures of employees as soon as their entry visas expire will be subject to a fine of about SR50,000 ($13,300), imprisonment for up to six months, and deportation of recruitees if they are expatriates. The directorate called for reporting residency, work…
LONDON: Palestinian refugees in Gaza are experiencing an unprecedented health crisis as a result of Israel’s war on the region, according to the annual UN Relief and Work Agency’s health report released on Tuesday. Palestinian refugees’ health and well-being have suffered a “crushing blow,” the report said, with higher rates of injury, trauma, and mental…
RIYADH: Saudi Arabia’s top 10 listed banks saw their earnings surge by 8 percent in the first quarter of 2024, reaching SR18.65 billion ($5 billion) compared to the corresponding period of the previous year. The increase in earnings can be attributed to several factors, including an 11 percent growth in lending and a rising interest…
MADRID: Spain on Monday pledged one billion euros in military aid to Ukraine as Prime Minister Pedro Sanchez and Ukraine’s President Volodymyr Zelensky signed a security deal in Madrid. The deal “includes a commitment for one billion euros in military aid for 2024,” Sanchez told a joint news conference “It will allow Ukraine to boost its…
RIYADH: Saudi Arabia’s Minister of Economy and Planning Faisal Al-Ibrahim on Monday met Executive Director of the UN Office in Vienna Ghada Waly in the Austrian capital, Vienna. During the meeting, the two discussed “collaboration between the Kingdom and the UN on the Sustainable Development Goals and other topics of common interest,” the ministry said…
LONDON: On July 11 last year, 68-year-old Nora Ghaith and her husband Mustafa Sub Laban lost their battle to hold on to their home in Jerusalem’s Old City — in which Ghaith was born — when Israeli police broke down their door and forcibly evicted the elderly couple. The eviction of the last remaining Palestinians…
