The Latest Breaking News from Asharq Al-Awsat

Israeli forces shot dead a Palestinian Friday in what the army described as an attempted "stabbing attack", bringing the number of people killed in the conflict this year to 100. The Palestinian health ministry announced the death of Yazan Omar Jamil Khasib, 23, who died "after the occupation (Israel) opened…

A senior official at the People's Bank of China said on Saturday the collapse of Silicon Valley Bank (SVB) showed how rapid monetary policy shifts were having spillover effects, state-owned newspaper Shanghai Securities News reported.

Tunisian President Kais Saied on Friday appointed the governor of Tunis, Kamal Feki, as the new interior minister. This came hours after Taoufik Charafeddine announced his resignation from the post, Reuters reported. This month, Feki refused to grant a protest permit to the opposition Salvation Front coalition, saying that its…

The Saudi Cultural Development Fund (CDF) launched a $234.4 million program to finance the film sector in the Kingdom. The program aims to support the film industry, provide financing solutions that facilitate the work of local and foreign film companies and creative entrepreneurs, sustainably stimulate the sector’s growth, and transform…

Iranian Foreign Minister Hossein Amirabdollahian denied on Saturday any local differences over Iran’s novel foreign policy, stressing that all parties were in coordination under "the supervision of Iranian President Ebrahim Raisi." Amirabdollahian confirmed that the Supreme National Security Council Secretary, Ali Shamkhani, would soon visit Iraq. Earlier, observers questioned the…

US President Joe Biden said on Friday that Russian President Vladimir Putin has clearly committed war crimes and the International Criminal Court's (ICC) decision to issue an arrest warrant for him was justified. "He's clearly committed war crimes," Biden told reporters, referring to Putin. "Well, I think it's justified," Biden…

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG. Credit Suisse Chief Financial Officer Dixit Joshi and his teams will hold meetings over the weekend to assess…

The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest rates will keep risks high, the OECD said on Friday, hiking its growth forecasts for major economies. After growth last year of 3.2%, the world economy is on course to expand…

Ten million children in west Africa's central Sahel region are now in "extreme jeopardy" and desperately need humanitarian help due to worsening violence, the United Nations warned Friday. The number of children in dire need of aid in Burkina Faso, Mali and Niger is twice as many as in 2020,…

The world credit rating agency ”S&P Global Rating” updated its credit report for the Kingdom of Saudi Arabia raising its long and short-term foreign and local currency sovereign credit ratings to 'A/A-1' with Stable Outlook. The agency indicated in its report that this rating upgrade is a result of the…

On the eve of the expiration of a deal enabling Ukraine to export grain, the United Nations’ humanitarian chief on Friday called its extension crucial to ensuring global food supplies and keeping prices from spiraling as they did after Russia’s invasion of its smaller neighbor. Russia’s UN ambassador reiterated that…