Escalation of Red Sea attacks leads to surge in shipping insurance rates
Houthi attacks on commercial ships in the Red Sea hiked the shipping insurance rates, with fees being imposed to cover risks associated with conflicts.
Houthi attacks on commercial ships in the Red Sea hiked the shipping insurance rates, with fees being imposed to cover risks associated with conflicts.
European Commission President Ursula von der Leyen vowed that Europe would back Ukraine until it was "finally free" as she and three other Western leaders arrived in Kyiv to show solidarity on the second anniversary of Russia's full-scale invasion.
The West African regional bloc said on Saturday it would lift strict sanctions on Niger as it seeks a new strategy to dissuade three junta-led states from withdrawing from the political and economic union - a move that threatens regional integration.
Former Tunisian President Moncef Marzouki, a vocal critic of current President Kais Saied, has been sentenced in absentia to eight years in prison for attempting to "provoke disorder" in the country, local media reported on Friday evening.
Five civilians were killed in Syria's Homs countryside after being targeted by a "terrorist group,".
In a groundbreaking move set to elevate Dubai's status as a global sports tourism hotspot, Karate Combat, in partnership with the Dubai Department of Economy and Tourism (DET) and Dubai Sports Council (DSC), announces the arrival of Karate Combat 46 (KC46) to the emirate this spring.
Gaza truce talks were underway in Paris on Friday, in what appears to be the most serious push for weeks to halt the fighting in the battered Palestinian enclave and see Israeli and foreign hostages released.
The Biden administration on Friday said Israel's expansion of settlements in the occupied West Bank is inconsistent with international law, signaling a return to long-standing U.S. policy on the issue that had been reversed by the previous administration of Donald Trump.
Egypt, burdened with heavy debt, received a significant economic lifeline on Friday as the Prime Minister, Moustafa Madbouli, announced that the United Arab Emirates (UAE) would be injecting $35 billion in direct investments into the country.
The American online retail giant Amazon announced on Friday that it has reimbursed $1.9 million to over 700 contract workers in Saudi Arabia who were subjected to illegal recruitment fees and other abuses.
QatarEnergy is due to make an announcement on Sunday that will have "significant" impact on the industry, a source with direct knowledge of the matter told Reuters.
Iran denied on Friday that it had provided ballistic missiles to Russia, after the United States said there would be a severe international response to any such move.
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