ANKARA (AA) – Binance, the world’s largest cryptocurrency exchange, has launched its Bahrain platform under the patronage of the country’s central bank and the Economic Development Board. Bahraini users are able to access ‘binance.bh’ for making transactions related to cryptocurrency assets in local currencies by connec...
TEHRAN, Iran (AA) – Most government offices, universities and schools across Iran remained closed Sunday amid an intense cold wave sweeping the country and a shortage of gas supplies. The sharp drop in temperatures in recent weeks, including in the capital Tehran, has led to an unprecedented increase in energy consumption. Officials say ...
Dubai, United Arab Emirates (AFP): The head of the United Arab Emirates’ national oil company has been named as president of this year’s COP28 climate talks, prompting criticism from environmental activists. Sultan al-Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC), will be the first CEO to take the...
ISTANBUL (AA) – At least 153 people have been detained in Iran’s capital Tehran for allegedly manipulating the exchange rate market. “In Tehran, 153 people were detained for raising prices on social media beyond their real price and for raising the foreign exchange market by arranging fake deals,” Iranian Students’ News...
BEIRUT, Lebanon (AA) – The European Union has launched two new initiatives worth $27 million in order to support vulnerable people and fight food insecurity in cash-strapped Lebanon. “These initiatives are a response to the negative impact of Russia’s war against Ukraine on the European Union’s neighboring countries,” the EU Delega...
RAMALLAH, Palestine (AA) – Palestinian Prime Minister Mohammad Shtayyeh has accused Israel of seeking to undermine the Palestinian Authority by deducting money belonging to Palestine. In statements during a Cabinet meeting in Ramallah city, Shtayyeh said the Israeli acts of “piracy, looting, and vengeance” will not discourage...
ISTANBUL (AA) – Saudi Arabia will boost its investments in Pakistan to $10 billion and raise its deposits in Pakistan’s central bank to $5 billion, the official media has reported. According to a statement run via the state-run Saudi Press Agency, Saudi Arabia is studying augmenting investments and deposit in Pakistan. “This ...
GENEVA (AA) – International donors on Monday pledged over $9 billion to help Pakistan recover from the lethal floods that devastated the country last year. The commitments were made at the International Conference on Climate Resilient Pakistan in Geneva, jointly hosted by Pakistan and the UN. “The conference marked the beginning of a structure...
GENEVA (AA) – The cost of rebuilding Pakistan after last year’s devastating floods will exceed $16 billion “and far more will be needed in the longer term,” the UN chief said on Monday. “Pakistan is doubly victimized by climate chaos and a morally bankrupt global financial system,” Antonio Guterres said at the International Conference on [&hel...
Doha, Qatar (AFP): Qatar has signed a $6 billion deal with Chevron Phillips Chemical to build a plant, including the biggest ethane cracker in the Middle East, to convert natural gas into polyethylene and other plastics. The Ras Laffan Petrochemicals Complex, which will produce 2.1 million tonnes of ethylene a year along with 1.7 million [&hel...