Yemen calls on Lebanese bank to release frozen funds

Yemen’s inability to access its foreign reserves has impeded its importation of basic commodities

South Korea moves to release frozen Iranian funds: Report

The release of funds could serve as Washington's first step in providing a goodwill guarantee toward the revival of the JCPOA

World Bank looking to release $600 million in frozen Afghan funds

The UN warned that over 20 million Afghans will face extreme levels of hunger while the US and its allies have frozen billions in reserves that belong to Afghanistan

Bahrain ordered to release $1.7 billion in Iranian funds, will pay damages for ‘politically motivated’ expropriation

The ruling comes five years after Manama confiscated the funds from two Iranian banks after accusing them of laundering money

Lebanon lacks funds for local elections, delays them for one year

Lebanon has been mired in a presidential vacuum since October last year, as eleven parliamentary sessions have failed to elect a president

Swiss banks hold at least $500m in stolen Lebanese public funds: Report

Twelve Swiss banks are being investigated by federal authorities for holding funds embezzled by Lebanon's Central Bank Governor Riad Salameh

US, Iran hold indirect prisoner exchange, asset release talks: Report

A deal of this sort had been in the works in 2021, but failed to materialize as a result of Washington’s alleged breaching of the agreement

US universities welcomed $440Mln in Saudi funds after Khashoggi murder: Report

Harvard, Yale, and MIT are among the top schools that readily accepted Saudi funds despite launching 'formal reviews' of their ties to the kingdom in the wake of the Khashoggi murder

US to release stolen Afghan reserves, with a catch

The disbursement of the Afghan funds will be overseen by Washington through a Swiss bank of international settlements

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

US, Taliban officials meet to discuss release of Afghan reserves

The US seeks to establish a mechanism to allow Afghanistan access to its foreign reserves while restricting the Taliban from its use

South Korea refuses to return frozen Iranian funds until restoration of JCPOA

Last April, Iranian state media reported that Seoul is preparing to release the frozen funds, indicating that South Korea would soon pay its debts

Brother of Lebanon’s central bank governor released on $3.7 million bail

The Salameh brothers have been accused of money laundering and illicit enrichment, while the UN has accused the Lebanese central bank of human rights violations

Judge approves Raja Salameh’s release, decreases bail value

The bail, which initially stood at 500 billion liras, has been reduced to LBP 200 billion

Lebanese Central Bank withholds funds needed to operate power stations

The World Bank has revealed that Lebanon's central bank and ministry of finance have failed to disburse necessary funds for the transfer of energy from Egypt

US government to use frozen Afghan funds to pay families of 11 September attack victims

The decision is expected to be widely rejected by Afghan citizens

World Bank to unfreeze $280 million Afghan funds to provide much needed aid

Sanctions have left nearly half of the country's population without adequate food

Sudan: The new geopolitical battlefield between east and west?

The potential outbreak of a civil war sparked by a factional fight within Sudan's military government poses a destabilization threat beyond the nation's borders – into Africa, West Asia, and the emerging multipolar order. This suits the west just fine.

EU smacks Syria, Iran with new sanctions

The sanctions come as West Asia is waging a successful fight to free itself from western economic clutches

France to press fraud, money laundering charges against Lebanon’s cenbank chief: Report

Riad Salameh faces money laundering charges in Lebanon and several European countries

Kuwait purchases prominent Egyptian bank for $660m

The report indicates that the contract for the sale will be officially signed after the end of the Eid Al-Fitr holiday

Israel holding 4,900 Palestinian prisoners: Report

Out of the 4,900 prisoners, 31 Palestinian women and 160 minors are being held by the Israeli authorities in prisons

Biden skirts responsibility for botched Afghanistan pullout, blames Trump instead

The White House says Biden, who oversaw the disastrous withdrawal of US troops in August 2021, bears only a 'dint' of responsibility for the chaos that engulfed Kabul

UAE cancels license for Russian bank sanctioned by west

Washington has criticized the UAE for failing to adequately implement sanctions imposed against Russia

ICJ rules Washington must compensate Tehran for illegally freezing Iranian assets

The world court entirely dismissed Washington's arguments that about $2bn of Iranian assets were used to 'sponsor terrorism'

No Lebanon gas deal until World Bank agrees: Jordan FM

According to Lebanese media, the World Bank and the US lied to Lebanon about their willingness to approve the funds for this agreement

Millions of children face risk of malnutrition in Yemen: UNICEF

Around 540,000 children under the age of five suffer from acute malnutrition, with 11 million in need of humanitarian assistance

Syrian sanctions relief: An ‘American trick’

The temporary lifting of Washington's sanctions on earthquake-stricken and war-torn Syria is 'misleading' at best, and stands in the way of relief efforts.

Iran, US reach initial agreement on prisoner swap: FM

White House officials rushed to deny any prisoner swap deal has been reached with Iran, calling the claim a 'cruel lie'

Israeli companies withdraw $2.2bn to invest abroad

Israeli companies seek to withdraw its money from the country in the wake of the governments decision to limit the powers of the national judiciary