TUNIS, Tunisia (AA) – The Secretary General of the Tunisian Labor Union (UGTT) has said that Tunisia is witnessing the social and economic consequences of “monopolized power.” During the 77th anniversary of the founding of the union, Noureddine Taboubi said: “The situation in Tunisia cannot get any worse.” He stressed that &#...
KARACHI, Pakistan (AA) – The United Arab Emirates (UAE) has rolled over a $2 billion loan to a cash-strapped Pakistan that was payable over the next two month. “Abu Dhabi Fund for Development (ADFD) has rolled over their deposit of $2 billion with State Bank of Pakistan (SBP), as discussed by (Premier Shehbaz Sharif) with […]
BEIRUT, Lebanon (AA) – Lebanon’s caretaker government on Wednesday approved opening credit lines totaling $116 million to fix the country’s electricity grid. “An advance of $62 million in favor of the electricity sector has been approved,” Prime Minister Najib Mikati told a press conference in the capital Beirut. He added that a su...
Tunis, Tunisia (AFP): Conflict-wracked Libya has donated several dozen trucks of food supplies to neighbouring Tunisia, the Libyan embassy said, months into an economic crisis that has seen repeated shortages of basic goods. A convoy of 96 trucks carrying sugar, oil, flour and rice from Tripoli passed the Ras Jedir crossing on Tuesday morning,...
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...
