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According to a top official, Egypt is expecting more than $1 billion in compensation after a cargo ship blocked the Suez Canal for nearly a week. The top offiical also said that the ship and its cargo will not be allowed to leave Egypt if the issue of damages goes…
According to Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, oil markets ‘require hand on the tiller’. “Until the evidence of the recovery is undeniable, we should maintain this cautious stance,” he told ministers ahead at the monthly meeting. Adding, “For most part, the market is on a stable footing…
Saudi Arabia’s Crown Prince Mohammed bin Salman and Iraq’s Prime Minister Mustafa Al-Kadhimi agreed on the need for their countries to continue coordinating in confronting extremism and terrorism. The two leaders met at the Yamamah Palace in Riyadh on Wednesday and signed several agreements to boost economic cooperation, starting with…
Saudi Arabia’s Crown Prince Mohammed bin Salman announced the “Saudi Arabia’s Partner Program” with the private sector during a virtual meeting with a number of ministers, as well as senior businessmen and heads of major companies in the Kingdom. According to the Crown Prince, the Kingdom will spend more in…
According to one of Lebanon’s politicians, the country is at the verge and could sink like Titanic if a new government isn’t formed. “The whole country is in danger, the whole country is the Titanic,” Speaker of Parliament Nabih Berri said. Adding, “If the ship sinks, there’ll be no-one left.”…
In order to prepare for the future pandemics, 23 world leaders have called for a new global treaty. The EU and WHO backed the push for a new global settlement to better prepare the world to tackle future pandemics. Signed off by leaders from five continents, including Germany’s Angela Merkel,…
Yemen’s president, Abd Rabbo Mansour Hadi met with UN and US envoys to discuss the Saudi peace initiative, as proposed by the Kingdom. In order to end the six-year war, keeping the initiative at the forefront, he discussed the developments in the country. The new peace plan with open Sanaa…
As per the Ministry of Health, 4 million COVID-19 vaccine doses have been administered in Saudi Arabia. According to the spokesman from Ministry of Health, “4,053,069 doses of the COVID-19 vaccine have been administered in the country as of March 28, double the number of vaccine doses administered earlier this month.”…
As per the canal authority, while there are efforts to dislodge the giant container ship blocking the Suez Canal, which has allowed its stern and rudder to move, it remains unclear when it can be refloated. The 400 meter long Ever Given became wedged diagonally across a southern section of…
Food prices in Lebanon are on rise, making it the highest in the region. According to World Bank, inflation rates continued to soar amid one of Lebanon’s worst economic crisis till date. In the World Bank’s periodic assessment of the repercussions brought about by the COVID-19 pandemic on food price…
