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The Latest Breaking News from Asharq Al-Awsat

World Bank Agrees $7 Bln Framework with Egypt

The World Bank approved a new country partnership framework (CPF) for Egypt for the financial years 2023-2027 providing the country with $7 billion in funds, the lender said on Wednesday. The CPF will entail $1 billion per year from the International Bank for Reconstruction and Development (IBRD) and about $2…

Asharq Al-Awsat

Doctors Expected to Testify in Gwyneth Paltrow’s Ski Trial

More witnesses are expected to testify on Wednesday in a trial about a 2016 ski crash between Gwyneth Paltrow and the retired Utah man suing her and claiming her recklessness left him with lasting injuries and brain damage. On the opening day of the trial, Paltrow and retired optometrist Terry…

Asharq Al-Awsat

Does Israeli Minister's Anti-Palestinian Statement Undermine Sharm el-Sheikh Understandings?

Egypt denounced the recent “inflammatory” statements of Israel's far-right Finance Minister Bezalel Smotrich on the Palestinian people, saying they undermined peace efforts. Last Sunday, Egyptian, Jordanian, Israeli, Palestinian, and US security officials and politicians met in Sharm el-Sheikh following Cairo's invitation to complete the understanding reached in Aqaba on Feb.

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MODON Receives International Accreditation

The Saudi Authority for Industrial Estates and Technology Zones (MODON) received an accreditation certificate from the European Foundation for Quality Management (EFQM), for the four-star category, for applying quality and institutional excellence concepts. MODON is working to create the appropriate infrastructure to encourage local and international factories to access the…

Asharq Al-Awsat

Foreign Minister Holds Onto Jordan's Initiative on Syrian Crisis

Jordan's Deputy Prime Minister and Minister of Foreign Affairs, Ayman Safadi, affirmed his country's ongoing efforts to find a political solution to the Syrian crisis through the Jordanian initiative. Safadi explained that Jordan's efforts stem from the direct Arab role of engaging with Syria in a political dialogue to solve…

Asharq Al-Awsat

Erdogan Vows to Boost Water Flow along Tigris River to Ease Iraq’s Water Shortage

Turkish President Recep Tayyip Erdogan pledged Tuesday to step up the flow of water along the Tigris River to drought-stricken Iraq for one month. Erdogan told Iraq's visiting Prime Minister Mohamed Shia al-Sudani that he was aware of the "urgent need for water" in Turkiye's war-scarred neighbour. Official Iraqi statistics…

Asharq Al-Awsat

Arab, Muslim Worlds Condemn Israeli Minister’s Racist Remarks against Palestinians

The appearance of Israeli Finance Minister Bezalel Smotrich at a podium adorned with an Israeli flag that included all of Jordan and the Palestinian territories was widely condemned by the Arab and Muslim worlds. Smotrich, who heads a religious-nationalist party in Prime Minister Benjamin Netanyahu's hard-right coalition, said on Sunday…

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IMF, Ukraine Reach Staff Level Agreement on $15.6b 'EFF Arrangement'

The International Monetary Fund announced on Tuesday that it reached with Ukrainian authorities a staff have a staff-level agreement that would be supported by a new 48-month Extended Fund Facility (EFF) Arrangement. It said the EFF, with requested access of around $15.6 billion aims to support the Ukrainian authorities anchor…

Asharq Al-Awsat

Egypt Starts Experimental Production of Gold in the South

Egypt started experimental trials of the commercial production of gold in the area of Iqat in the south of the country, Petroleum and Mineral Resources Minister Tarek el-Molla has announced. In remarks on Tuesday, Mulla said that the site of Iqat, with a deposit of nearly 1.2 million ounces of…

Asharq Al-Awsat

UN, US Welcome Latest Prisoner Exchange Agreement in Yemen

The international community welcomed the latest prisoner exchange agreement reached between the legitimate Yemeni government and Iran-backed Houthi militias. The parties agreed to free 887 detainees and to meet again in May after 10 days of negotiations in Switzerland, the United Nations and the International Committee of the Red Cross…

Asharq Al-Awsat

UN: 26% of World Lacks Clean Drinking Water

A new report launched Tuesday on the eve of the first major UN conference on water in over 45 years says 26% of the world’s population doesn’t have access to safe drinking water and 46% lack access to basic sanitation. The UN World Water Development Report 2023 painted a stark…

Asharq Al-Awsat

Protests in Lebanon as Pound Hits New Low against Dollar

Protesters closed down major roads in parts of Lebanon on Tuesday after the Lebanese pound briefly hit a new low amid a historic economic crisis that seemingly has no end in sight. The Lebanese pound lost more than 15% of its value on Tuesday alone, tanking to more than 140,000…

Asharq Al-Awsat

Gaza Fisherman Tests Waters in Legal Fight Over Israeli Blockade

Gaza fisherman Jihad al-Hissi is used to rough waters but he now faces a new storm.

Asharq Al-Awsat

Killing of Kurds in Northern Syria Sparks Protests

Thousands of Kurds took to the streets of the earthquake-ravaged Syrian town of Jinderis on Tuesday to protest the killing of four men as they lit a fire to celebrate the Kurdish new year the night before. The attack on the Kurdish men rekindled tensions between Turkish-backed armed groups controlling…

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Asharq Al-Awsat

Israeli Strike Hits Near Syria's Aleppo Airport

An Israeli air strike hit near Syria's Aleppo airport early Wednesday, causing "material damage" and shutting down operations there, Syrian officials said, while regional intelligence sources said the attack hit an Iranian arms depot. Israel has for years carried out attacks against what it has described as Iran-linked targets in…

Asharq Al-Awsat

Earthquake in Afghanistan Kills at Least 13, Nine of Them in Pakistan

At least 13 people were killed and more than 90 injured in Pakistan and Afghanistan after a magnitude 6.5 earthquake struck late on Tuesday, government officials said. At least nine people were killed and 44 injured in northwest Pakistan, a Pakistani government official said, and hospitals in northern Khyber Pakhtunkhwa…

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Saudi Arabia Underscores Values of Coexistence, Mutual Respect Among Peoples

The Saudi government reiterated on Tuesday the Kingdom’s firm stance that calls for bolstering coexistence and mutual respect between people around the world. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. The ministers highlighted the Kingdom’s participation at the…

Asharq Al-Awsat

Saudi Arabia Declares Thursday First Day of Ramadan

Saudi Arabia declared on Tuesday that the holy fasting month of Ramadan will begin on Thursday. The Supreme Court made the announcement after teams failed to sight the crescent moon that marks the beginning of the holy month. It congratulated Custodian of the Two Holy Mosques King Salman bin Abdulaziz,…

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Asharq Al-Awsat

US Targets Network Supporting Iran’s Drone, Weapons Programs

The United States on Tuesday imposed sanctions on four entities and three people in Iran and Türkiye, accusing them of involvement in the procurement of equipment, including European-origin engines of drones, in support of Iran's drone and weapons programs. The US Treasury Department said in a statement the procurement network…

Asharq Al-Awsat

UAE Condemns Israeli Minister for Denying Existence of Palestinian People

The United Arab Emirates condemned on Tuesday statements by Israeli Minister of Finance Bezalel Smotrich in which he denied the existence of the Palestinian people. The UAE also condemned his use of a map of Israel that includes lands from Jordan and the occupied Palestinian territories, reported the state news…

Asharq Al-Awsat

Saudi Arabia Slams Offensive, Racist Israeli Remarks against Palestine

Saudi Arabia condemned on Tuesday the offensive and racist remarks made by an Israeli minister against the state of Palestine and its people. The Foreign Ministry underscored the Kingdom’s rejection of such baseless statements that only stoke hatred and violence and undermine international efforts for peace and dialogue.

Asharq Al-Awsat

UN: Months After Pakistan Floods, Millions Lack Safe Water

The United Nations children’s agency on Tuesday warned that after last summer's devastating floods, 10 million people in Pakistan, including children, still live in flood-affected areas without access to safe drinking water. The statement from UNICEF underscored the dire situation in impoverished Pakistan, a country with a population of 220…

Asharq Al-Awsat

Security Patrols Crack Down on Smugglers in South Libya Desert

A security force in western Libya pledged to crack down on gangs smuggling fuel and weapons and trafficking illegal migrants. It said it will deploy more patrols to track them in the southwestern desert and combat their activities “that are undermining national security”. Libya suffers from the widespread smuggling of…

Asharq Al-Awsat

Saudi Arabia Launches National Platform to Push Investments in Local Military Industries

In a move to push investments in the military industries, Saudi Arabia launched on Monday a number of enablers for local and international investors, allowing them to access the sector’s opportunities. The launching came during a ceremony organized by the General Authority for Military Industries (GAMI), in the presence of…

Asharq Al-Awsat

Paris Olympics Organizers Looking for 45,000 Volunteers

The Paris Olympics is putting out a call for 45,000 helpers, The Associated Press reported. Organizers of the 2024 Games are launching a drive this week to recruit tens of thousands of volunteers willing to work without pay at the world’s biggest sports event. And they want the group of…

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