Iraqi militia claims responsibility for aerial attack on Israel’s Eilat port city

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DUBAI: Is there any hope for the children of Gaza amid the ongoing Israel-Hamas conflict, restrictions on aid access, and a looming famine in the north of the enclave? According to UN Children’s Fund spokesperson James Elder, who recently toured the length of Gaza, only an immediate ceasefire can turn the humanitarian situation around. Appearing … Read more

Daesh claims responsibility for attack on Niger army that killed dozens

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LONDON: Just hours after gunmen stormed a popular concert venue on the outskirts of the Russian capital Moscow on Friday night, killing 115, wounding scores and setting the building ablaze, the extremist group Daesh took to Telegram to claim responsibility. The group said that the attack was executed by its Afghan branch, IS-K, or Islamic … Read more

Energy security is a global responsibility: Saudi minister

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RIYADH: Investments in Saudi Arabia’s tourism and entertainment sectors will continue to accelerate in 2024 as the Kingdom steadily diversifies its economy, according to an expert.  In a recent commentary, Samy Chaar, chief economist at Swiss banking group Lombard Odier, said shifting away from hydrocarbon production would be essential to Saudi Arabia’s and the Middle … Read more

Oil market stability is not just Saudi Arabia’s responsibility, says energy minister

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RIYADH: Saudi Arabia’s sukuk and bond issuances rose 2.8 percent year on year in value by the end of the final quarter of 2023, reaching about SR758.8 billion ($202.34 billion), data issued by the Saudi Exchange showed. A recent Tadawul report attributed the growth to an increase in the listed sukuk and bonds issued by … Read more

UK’s Cameron: Iran shares responsibility for preventing Red Sea attacks

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LONDON: British Foreign Secretary David Cameron said on Sunday he had made clear in a call with Iranian Foreign Minister Hossein Amirabdollahian that Iran shared responsibility for preventing Houthi attacks in the Red Sea. “I made clear that Iran shares responsibility for preventing these attacks, given their long-standing support to the Houthis,” he said in … Read more