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S&P Global forecasts steady growth for Saudi Arabia amid adjusted oil projections

Saudi Arabia

S&P Global forecasts steady growth for Saudi Arabia amid adjusted oil projections

S&P Global has released updated projections for Saudi Arabia’s economic growth, forecasting a 0.8% increase in GDP for 2024 and a more robust 4.7% growth in 2025. These revisions reflect recalibrated assumptions for oil production and highlight the resilience of the Kingdom’s non-oil sectors.

Israeli foreign minister looks to Washington to punish the ICC

Israel

Israeli foreign minister looks to Washington to punish the ICC

Israeli Foreign Minister Gideon Saar said on Thursday he believed the United States would punish the International Criminal Court for having issued arrest warrants for Prime Minister Benjamin Netanyahu and his former defence minister.

The Algerian regime’s escalating repression

Algeria

The Algerian regime’s escalating repression

French Minister of Culture Rachida Dati expressed her strong support on Thursday for Boualem Sansal, a Franco-Algerian writer detained in Algeria on charges of undermining state security. Dati denounced the arrest as being “without serious grounds” and called for his immediate release.

Syrian and Russian jets bomb rebel-held northwest Syria

Syria

Syrian and Russian jets bomb rebel-held northwest Syria

The Russian and Syrian air forces bombed rebel-held northwest Syria near the border with Turkey on Thursday to push back a rebel offensive that captured territory for the first time in years, Syrian army and rebel sources said.

A denial of defeat: The turning point for Hezbollah and Lebanon

Lebanon

A denial of defeat: The turning point for Hezbollah and Lebanon

When Hezbollah launched its offensive on October 8, 2023, in support of Hamas in Gaza, it believed it could pose a significant threat to Israel and bolster its so-called "axis of resistance" alongside its allies in Iraq and Yemen. However, this bold move has proven to be a strategic miscalculation with devastating consequences for the organization.

Egypt plans to outline 'Day After' strategy for Gaza

Egypt

Egypt plans to outline 'Day After' strategy for Gaza

An Egyptian delegation will arrive in Tel Aviv Thursday to present a "combined vision" prepared by Cairo, regarding the end of the war in Gaza, the Lebanese newspaper Al-Akhbar, which is affiliated with Hezbollah, reported. 

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