The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry's capacity between the Far East and Europe by some 15%-20% in the second quarter, shipping group Maersk said on Monday.
Saudi-based fintech Rasan Information Technology Co. is set to offer 22.74 million shares for an initial public offering on the Kingdom’s main market.
As regional tensions continue to escalate, Rafael Grossi, the head of the International Atomic Energy Agency (IAEA), is set to visit Iran on Monday.
Chadians go to the polls on Monday three years after their military leader seized power, in the first presidential election in Africa's Sahel region since a wave of coups.
Israel's military said on Monday it had begun encouraging residents of Rafah to evacuate the southern Gazan city as part of a 'limited scope' operation, but did not immediately confirm media reports this was part of preparation for a ground assault.
On Saturday, Syrian President Bashar al-Assad, who also serves as the Secretary-General of the Baath Arab Socialist Party, led an extended meeting of the party’s central committee, according to official state media.
The Organisation of Islamic Cooperation (OIC) concluded its 15th summit in Banjul, Gambia, with a strong denunciation of what it termed "genocide" in Gaza.
Prospects for a Gaza ceasefire appeared slim on Sunday as Hamas reiterated its demand for an end to the war in exchange for the freeing of hostages, and Israeli Prime Minister Benjamin Netanyahu flatly ruled that out.
The head of Al Jazeera's operations in Israel and the Palestinian territories, Walid Omary, has criticized the Israeli government's recent decision to close down the station's local offices, labeling it as "dangerous" and politically motivated.
Saudi Arabia’s non-oil revenues rose by 9 percent to reach SR111.51 billion ($29.73 billion) in the first quarter of 2024 as compared to the same period in 2023, the Ministry of Finance said.
Prime Minister Benjamin Netanyahu hardened his rejection of Hamas demands for an end to the Gaza war in exchange for the freeing of hostages, saying on Sunday that would keep the Palestinian Islamist group in power and pose a threat to Israel.
Prime Minister Benjamin Netanyahu's cabinet voted unanimously on Sunday to close Qatari television network Al Jazeera's operations in Israel.
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