KYIV: Ukrainian and Western leaders welcomed a desperately needed aid package passed by the US House of Representatives, as the Kremlin claimed the passage of the bill would “further ruin” Ukraine and cause more deaths. The House swiftly approved $95 billion in foreign aid for Ukraine, Israel and other US allies in a rare Saturday … Read more
BERLIN: Two German Russian nationals have been arrested in Germany on suspicion of plotting sabotage attacks, including on US military facilities, in what officials called a serious effort to undermine military support for Ukraine. Authorities have searched the homes and workplaces of the two suspects who stand accused of working for a foreign secret service. … Read more
Poland’s president becomes the latest leader to visit Donald Trump as allies eye a possible return NEW YORK: Former President Donald Trump met Wednesday in New York with Polish President Andrzej Duda, the latest in a series of meetings with foreign leaders as Europe braces for the possibility of a second Trump term. The presumptive … Read more
PARIS: France’s defense minister said Paris would deliver “hundreds” of armored personnel carriers and anti-aircraft missiles as part a new aid package to Ukraine in its war against Russian invaders.
GCC telecommunication firms reinventing themselves as ‘techcos’: S&P Global RIYADH: Telecommunication companies in the Gulf Cooperation Council region are redefining themselves as technology firms to diversify their revenue streams, S&P Global said. In its latest report, the credit rating agency noted that moderate growth prospects for core telecom operations are one of the key drivers … Read more
BRUSSELS, Belgium: EU member states on Wednesday agreed to add five billion euros ($5.5 billion) to a central fund to pay for weapons sent to Ukraine.
WASHINGTON: A sweeping US foreign aid package, including $60 billion for Ukraine, passed a key procedural vote Sunday, although opposition from right-wing Republicans may block it from becoming law. The $95 billion package includes funding for Israel’s fight against Hamas militants and for key strategic ally Taiwan, but the lion’s share would help pro-Western Ukraine … Read more
Spotlight on strategic alliances at Saudi Public Investment Fund’s Private Sector Forum RIYADH: The Public Investment Fund’s second annual Private Sector Forum concluded on Wednesday, after two days of sessions designed to promote and develop strategic alliances between the Saudi sovereign wealth fund and the private sector. More than 8,000 people attended the event at … Read more
Moving Argentinian Embassy to Jerusalem could harm relations with Muslim world, analysts tell Arab News SAO PAULO: President Javier Milei’s plan to move the Argentinian Embassy in Israel from Tel Aviv to Jerusalem, which he announced on Tuesday during his visit to the Middle Eastern country, could have negative consequences for relations with the Muslim … Read more
RIYADH: Saudi Arabia’s economy is likely to grow by 4.4 percent in 2024, Aljazira Capital has predicted in its year-end report. The forecast is in line with the Kingdom’s Finance Ministry’s projection for the current year, whereas Moody’s predicted a 4.6 percent increase in 2024. In the report, the financial brokerage firm highlighted that Saudi Arabia’s economic … Read more