Kremlin says Israeli strikes on Lebanon risk destabilizing the Middle East

MOSCOW: The Kremlin warned on Tuesday that Israeli strikes on Lebanon had the potential to destabilize the Middle East and said it was very concerned by the evolving situation.Israel struck Hezbollah targets in southern Lebanon and the Iran-backed group attacked military facilities in northern Israel on Tuesday, increasing fears of a full-blown conflict after Lebanon…

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Saudi and Iranian FMs meet in New York on UNGA sidelines

NEW YORK CITY: Saudi Minister of Foreign Affairs Prince Faisal bin Farhan met with the Minister of Foreign Affairs of Iran Abbas Araghchi on Sunday on the sidelines of the 79th session of the United Nations General Assembly in New York. The two ministers discussed relations and ways to enhance them in various fields, the importance…

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Israeli military launches fresh strikes on Hezbollah in Lebanon

JERUSALEM: Israel’s military began carrying out fresh strikes against Hezbollah positions in Lebanon on Monday after identifying that the Iran-backed group was preparing to attack Israel, the military spokesperson said.Spokesperson Rear Admiral Daniel Hagari said the military had issued a message to residents of south Lebanon to keep their distance from Hezbollah posts.Asked by reporters…

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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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