Turkey's central bank unexpectedly hiked interest rates by 500 basis points to 50% on Thursday, citing a deteriorating inflation outlook and pledging to tighten even further if it expects the price situation to worsen significantly.
France confirmed Thursday that its diplomats are coordinating with Lebanon to work towards a de-escalation of the conflict in the region.
The United States and Saudi Arabia have made "good progress" in talks on normalising ties between the kingdom and Israel, U.S. Secretary of State Antony Blinken said on Thursday without providing a timeline for concluding a deal.
The United Arab Emirates is quietly urging the European Union to start talks on a trade pact separate from an Arab bloc, five people familiar with the matter said, as the Gulf state seeks closer political and economic ties with Europe.
Algeria's president Abdelmadjid Tebboune has decided to hold presidential election on Sept. 7, the presidency said on Thursday.
Forbes Middle East publishes in its March edition the 'Top 100 Arab Family Businesses 2024.'
Russia's defence minister said on Thursday that artillery shell production had risen by nearly 2.5 times in the past year, while artillery component production had soared by a factor of 22 as Moscow races to rearm faster than the West can supply Ukraine.
Two tankers, containing oil and toxic waste, are stuck in the Red Sea in the firing line between Western naval forces and Yemen's Houthi militants despite repeated efforts by the United Nations to empty and move the ships to avoid a spill.
EU leaders will call for a sustainable ceasefire in Gaza at their summit in Brussels on Thursday, the EU's foreign policy chief Josep Borrell said.
The United States hopes for a relaunch of talks aimed at ending the conflict in Sudan and opening up humanitarian access soon after Ramadan ends in mid-April, Washington's newly appointed envoy said on Thursday.
Arab ministers and a top Palestinian official briefed U.S. Secretary of State Antony Blinken on Thursday on their vision for a ceasefire in Gaza followed by concrete measures to implement a two-state solution, Egypt's foreign ministry said.
Officials from 36 countries and U.N. agencies gathered in Cyprus on Thursday to discuss how to expedite aid to besieged Palestinians in Gaza via a sea route launched last week.
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