WASHINGTON (AA) – The US has announced new sanctions targeting an international network of financiers and shipping companies that allegedly help Iran sell hundreds of millions of dollars of oil in violation of restrictions. The sales were made to purchasers in South and East Asia and the US black-listings target Iranian brokers and sever...
KARACHI, Pakistan (AA) – Senator Ishaq Dar took oath as Pakistan’s finance minister on Wednesday to fix the country’s struggling economy. President Arif Alvi administered the oath to the new finance minister at the President’s Office in the capital Islamabad, state-run Pakistan Television reported. Dar, who returned from Lond...
Dubai, United Arab Emirates (AFP): With the cost of living surging, free hot bread distribution for the poor has been introduced in Dubai, a rich Gulf emirate where Arab millionaires rub shoulders with impoverished hard-working migrants. The city of skyscrapers soaring above the desert, which imports almost all of its food, has been impacted b...
ISLAMABAD (AA) – Amid the economic crisis facing the country, Pakistan’s Finance Minister Miftah Ismail resigned hours after an alleged conversation between top ruling party leaders against him surfaced on social media. “In a meeting with Mian Nawaz Sharif and PM Shehbaz Sharif today, I have verbally resigned as Finance Minister. I will ...
TRIPOLI, Lebanon (AA) – Lebanon’s first grain ship departing from Ukraine under the historic Istanbul grain export deal arrived at Tripoli port in northern Lebanon on Monday. Ukrainian Ambassador Ihor Ostosh said Ukraine seeks to prevent an entire food crisis despite the negative impact of the Russian war on the country. He said that app...
Casablanca, Morocco (AFP): A Moroccan prisoner of war released as part of an exchange between Moscow and Kyiv said he wanted to draw attention to the “struggle” of Ukraine as he returned home Saturday. “I want to draw attention to the difficult situation in Ukraine and the struggle of its people in this painful time,” [...
BEIRUT (AA) – Lebanese banks will resume operations on Monday after a week-long closure in protest against holdups by depositors demanding access to their savings. In a statement, the Association of Banks in Lebanon said the banks will reopen on September 26, saying every bank will decide its own channel for banking operations. At least [&hell...
ISTANBUL (AA) – Israel’s Prime Minister Yair Lapid has said that production at the contested Karish gas field will begin soon despite a maritime border dispute with Lebanon. “Israel believes it is possible to reach an agreement on the maritime border between Lebanon and Israel in a way that will serve the interests of both [&hellip...
BEIRUT (AA) – The Association of Banks in Lebanon on Friday announced the closure of all bank branches across Lebanon for three days after a series of depositors held bank staff hostage demanding withdrawal of their savings. The association said the closure is a protest against the attacks that happened against the bank employees. Accord...
ISTANBUL, Türkiye / ISLAMABAD, Pakistan (AA) – China’s President Xi Jinping on Friday called for the smooth construction and operation of major projects associated with the multi-billion-dollar China-Pakistan Economic Corridor (CPEC). Xi made these comments during a meeting with Pakistan Prime Minister Shehbaz Sharif in Samarkand, ...
