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Hundreds protest US decision to use Afghan funds to settle 9/11 lawsuits
Stakeholders say the funds could save millions of lives if made available to the government of Afghanistan
Feb 22, 2022
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No respite for Lebanon as lira hits 100,000 per US dollar
Lebanon's political class has done little to slow down the economic freefall, as parliament has been gridlocked for five months over the election of a president
Mar 14, 2023
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Lebanese banks liable for financial collapse claim ‘no liquidity’ to pay back depositors
Several Lebanese commercial banks have been charged with money laundering
Mar 08, 2023
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Lebanon’s caretaker PM steps in to protect banks charged with money laundering
The Association of Banks in Lebanon announced that, thanks to Mikati's overstepping of his authority, they would 'temporarily suspend' a strike that has helped decimate the value of the lira
Feb 24, 2023
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Saudi Arabia’s oil revenues reach $326bn in 2022, highest in 10 years
The kingdom's oil exports accounted for 70 percent of its total exports in 2022
Feb 22, 2023
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Lebanon teeters on the edge as currency loses nearly 100 percent of its value
Last year, a senior US official warned that the Lebanese will 'likely have to endure more pain' before the country is allowed to climb out of crisis
Feb 16, 2023
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Saudi Arabia raises oil prices for Asia, EU, US unexpectedly
The kingdom essentially increased the price for EU buyers by $2 a barrel, and 20 cents for US customers
Feb 06, 2023
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Biden makes U-turn on ‘punishment’ for Saudi Arabia: Report
The development would represent a major change in tone by the White House towards Saudi Arabia and is closely watched by energy experts and policymakers around the world
Feb 04, 2023
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US pressure compromises Beirut port blast investigation
After over a year of suspension, a sudden resumption of the investigation resulted in an unprecedented decision to release all suspects involved in the explosion
Jan 25, 2023
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Kuwaiti government resigns over disagreement with parliament
This resignation marks the fifth time Kuwait City's government resigned from office in the past two years
Jan 23, 2023
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Kuwait plans to increase diesel exports to EU
Kuwait City expects to raise its gas exports to Europe by fivefold this year compared to 2022, hoping to deliver 2.5 million tons worth of diesel annually
Jan 09, 2023
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Chinese-Arab summit planned for Xi Jinping visit to Saudi Arabia: Report
The visit by the Chinese president is scheduled for early December, at a time when US-Saudi relations have hit a new low
Nov 30, 2022
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US considers cutting military aid to KSA: Officials
According to the report, should KSA increase oil production by December's OPEC meeting, the US is unlikely to take any such measures
Oct 30, 2022
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War of words escalates as Washington says Riyadh ‘coerced’ Gulf nations to cut oil production
Despite the recent US posturing, officials in Washington say the White House has no plans to cut military cooperation with Saudi Arabia, fearing this would foster its bonds with Russia and China
Oct 14, 2022
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Saudi Arabia expresses ‘total rejection’ of US accusations
US officials have accused the kingdom of 'aligning with Russia' after being blindsided by a major oil production cut by the OPEC+ group of countries
Oct 13, 2022
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UAE President to visit Russia for bilateral talks
The visit happens just one week after OPEC+ announced an output cut of 2 million barrels per day, putting further pressure on the global economy
Oct 10, 2022
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Washington blasts OPEC+ supply cuts, threatens to reexamine anti-OPEC law
Ignoring the extensive lobbying by senior White House officials, Gulf nations delivered a blow to the US in their bid to provide 'stability and security to energy markets'
Oct 06, 2022
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Can Syria ever forgive Qatar?
While, one by one, regional states are restoring relations with Syria, Qatar will likely be the last welcomed back in Damascus
Oct 03, 2022
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US judge claims 9/11 victims not entitled to access Afghanistan’s stolen reserves
9/11 families split over compensation demands from Afghanistan's stolen reserves as the country is facing a major humanitarian crisis
Aug 27, 2022
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Pakistan anti-terrorism court extends Imran Khan’s pre-arrest bail
The former prime minister attended a court hearing in Islamabad surrounded by hundreds of his supporters
Aug 25, 2022
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Imran Khan’s arrest will derail Pakistan’s democracy
When the nation’s most popular leader in living memory is also the state’s public enemy number one, what will become of Pakistan?
Aug 23, 2022
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Families of 9/11 victims call on Joe Biden to return stolen Afghan funds
The US government has stolen billions of Afghanistan's foreign reserves despite the country's dire humanitarian crisis
Aug 18, 2022
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Taliban officials to meet with US Treasury Department in Qatar for talks
President Biden’s administration is collaborating with the Taliban to find ways to allow the Afghan government to access its offshore central bank reserves
Jun 29, 2022
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Taliban plead with international community for assistance after earthquake
As Washington continues to withhold billions in Afghanistan's funds, the Taliban say they lack the equipment and medicine to treat the 2,000 wounded
Jun 24, 2022
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Iranian court demands US pay $4.3 billion in compensation for Israel’s assassinations
Iranian court has declared that the US government is guilty of supporting Tel Aviv in targeting Iranian scientists
Jun 23, 2022
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Israel seeks to remove Pegasus spyware makers from US blacklist: Report
The US placed an embargo on the Israeli firm after a flood of reports showed the spyware was used to target journalists, lawyers, rights activists, and dissidents in dozens of countries
Jun 10, 2022
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Relatives of 9/11 victims call on Biden to return Afghanistan’s foreign reserves
Afghanistan has faced an acute hunger crisis since Washington decided to block the country from accessing its foreign reserves
Jun 09, 2022
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Dollars for democracy: Corruption was the real winner in Lebanon’s election
Bribing desperate voters during an economic crisis may have led to Lebanon’s parliamentary impasse. If candidates are bought, how can the country fix anything?
Jun 02, 2022
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Biden mulling over KSA trip as White House upholds pledge to make kingdom a ‘pariah’
The US president's humbling visit to Saudi Arabia would come at a time when the west desperately needs its Gulf allies to increase oil production levels
Jun 02, 2022
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Russia and Saudi Arabia hail OPEC+ partnership
Lavrov's visit to the kingdom comes amid reports that OPEC may be looking to suspend Moscow's participation in an oil production deal
Jun 01, 2022
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