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The Latest Breaking News from Asharq AlAwsat

3rd Day of COP27 Witnesses International Initiatives

The third day of the UN's climate change summit (COP27) in Sharm El-Sheikh witnessed several international proposals and initiatives in an effort to solve the exacerbating environmental crises. The participants discussed the Blue Mediterranean Partnership, which focuses on the Mediterranean countries and their marine environments and "displacement related to climate…

Asharq Al-Awsat

‘Loss, Damage’ Funding…A Climate Breakthrough Threatened by ‘Details’

COP27 President Sameh Shoukry has affirmed the success of negotiations on world countries adopting for the first time a climate agenda item on the most important issue of establishing a “loss and damage” fund. Despite being labeled a breakthrough, the step will usher in complex discussions that will determine progress…

Asharq Al-Awsat

Sudanese Opposition Describes Burhan’s Speech as ‘Positive’

A leader in Sudan's opposition Forces of Freedom and Change (FFC) coalition has described a speech delivered by head of the Sovereign Transitional Council Abdel Fattah al-Burhan earlier this week as a “positive step” that paves the way for an inclusive political process. Burhan’s speech has sparked a debate.

Asharq Al-Awsat

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Hannibal Gaddafi Suffers Health, Psychological Setback, Refuses to See Doctors

An official Lebanese source revealed that Hannibal Gaddafi, the son of former Libyan President Muammar Gaddafi, “is going through a very difficult health and psychological condition,” as he awaits his prosecution seven years after his detention under an arrest warrant in Lebanon. The Lebanese judiciary accuses the son of Muammar…

Asharq Al-Awsat

Iraqi PM Decrees Kadhimi’s Retirement

Iraqi Prime Minister Mohammed Shia al-Sudani issued a decree that sends his successor, Mustafa al-Kadhimi, to retirement. The decree also applies to ministers in Kadhimi’s government. The measure is routine in Iraq after any change in government or parliament. Meanwhile, Sudani decided that he will directly oversee the country’s main…

Asharq Al-Awsat

Auction of Omar Sharif’s Memorabilia Raises Questions about Ownership

A French auction site announced it’s selling some of the late star Omar Sharif’s memorabilia, which raised question marks about the ownership of these pieces, and how did the site acquire them. “The late star didn’t have an apartment or house outside Egypt where he could leave his memorabilia. He…

Asharq Al-Awsat

Kőrösi: Cholera in Lebanon Won’t Become Epidemic

The number of cholera cases in Lebanon has exceeded 1,400 with over 17 deaths according to the latest official figures, while the President of the United Nations General Assembly, Csaba Kőrösi, said Wednesday in a statement to Asharq Al-Awsat he was very confident that cholera will not become a major…

Asharq Al-Awsat

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Lebanon: Reducing Chances of Electing a President, Berri Abandons Dialogue

The chances for Lebanon to find consensus on a successor to Michel Aoun, whose term in office ended on Monday, have dropped after Parliament Speaker Nabih Berri canceled a previous invitation for major political parties to meet and try to reach an agreement on a presidential candidate. The head of…

Asharq Al-Awsat

Efforts to Reach a Unified Measurement Standard for Financial Inclusion in Arab Countries

Director-General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF) Abdul Rahman Al-Hamidy revealed efforts aimed at reaching a unified standard among Arab countries for measuring financial inclusion. In remarks to Asharq Al-Awsat, Al-Hamidy underlined the importance of financial inclusion, as a key policy objective to…

Asharq Al-Awsat

Greece Stresses Saudi Role in Balancing Oil Markets, Respects OPEC+ Decision

Greek Minister of Development and Investment Adonis Georgiadis said the diversification of energy sources was the European Union’s most important priority. He noted that the world would never return to the previous situation, even if the Russian-Ukrainian war ended. In this regard, Georgiadis stressed that all European countries would try…

Asharq Al-Awsat

World Bank: Saudi Green Initiatives Will Grow Region’s Economy to $13 Trillion by 2050

The World Bank confirmed that Saudi green initiatives will grow the region's economy to $13 trillion by 2050.

Asharq Al-Awsat

ENGIE: We Are Working with Saudi Arabia to Transition to Carbon-Neutral Economy

ENGIE CEO Catherine MacGregor affirmed that her company’s work in Saudi Arabia aligns with the Kingdom’s national transformation plan, Vision 2030, and its focus on accelerating the transition to a carbon-neutral economy. MacGregor pointed out that ENGIE, since the start of its business in Saudi Arabia more than two decades…

Asharq Al-Awsat

UN Coordinator: Partnership with Saudi Arabia in Sustainable Development Goals Focuses on 4 Strategic Areas

United Nations Resident Coordinator in the Kingdom, Nathalie Fustier, said that partnership with Saudi Arabia was moving to a new stage, pointing to the progress achieved by the Kingdom in sustainable development. In remarks to Asharq Al-Awsat, Fustier said that the UN partnership with the Saudi government has evolved over…

Asharq Al-Awsat

Lebanon Practically Enters 'Presidential Vacuum' a Week before End of Aoun’s Term

A fourth attempt by the Lebanese Parliament to elect a new president for the country failed on Monday, as a result of a loss of quorum.

Asharq Al-Awsat

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Asharq Al-Awsat

British Trade Commissioner: Saudi Arabia is the Largest Destination of UK Exports in the Region

Simon Penney, the British Trade Commissioner (HTMC) for the Middle East and Pakistan, said Saudi-British efforts were underway to increase and maximize partnerships and corporate business in various fields. He noted that Riyadh represented the largest destination for UK exports, with an increase of 24 percent over the last three…

Asharq Al-Awsat

Berri Ready to Hold Parliamentary Dialogue to Agree on New Lebanese President

Lebanon’s parliament Speaker Nabih Berri said he “will not stand idly by” while lawmakers continue to fail to elect a new president. In remarks to Asharq Al-Awsat, Berri revealed he would solicit the views of the parliamentary blocs and party leaders about launching an open dialogue to pave way for…

Asharq Al-Awsat

‘Altibbi’ CEO to Asharq Al-Awsat: Telehealth Projects to Produce Leap in Arab Primary Care Systems

The advancement of private sector digital technologies and the creation of pro-investment legislative environments are vital to the modern-day healthcare industry, according to Altibbi CEO Jalil Labadi. After the coronavirus pandemic experience, the importance of expanding investment in telemedicine has become evident, noted Labadi, adding that Arab governments need to…

Asharq Al-Awsat

Houthis Escalate Oppression Against Tribes in Sanaa, Amran

Houthi militias have escalated their attacks against the tribesmen and their leaders near Sanaa and Amran governorates to seize their lands and real estate and undermine opponents. Local sources in Sanaa told Asharq Al-Awsat that only a few weeks after the militias’ raids, killings, sieges, assaults, and kidnappings in Saraf…

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Asharq Al-Awsat

On Anniversary of his Death, Gaddafi’s Secret Burial Site Continues to Spark Debate

The anniversary of the killing of Libyan leader Moammar al-Gaddafi has stirred debate about the location of his “secret” burial. The longtime ruler and his son Mutassim Billah were killed on October 20, 2011 shortly after the fall of the central city of Sirte in the hands of the “February…

Asharq Al-Awsat

Saudi National Industry Strategy to Support Diversifying Kingdom’s Economic Base

Saudi Arabia’s Crown Prince Mohammed bin Salman has introduced a new National Industry Strategy (NIS) that aims to triple industrial output and increase the value of the kingdom’s industrial exports to about SAR 557 billion ($148.5 billion) by 2030. Experts believe that the strategy has drawn a clear roadmap to…

Asharq Al-Awsat

Saudi Arabia’s National Industrial Strategy to Boost Global Trade, Supply Chains Partnerships

Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef affirmed on Wednesday that the National Industrial Strategy (NIS) is an essential tool for diversifying the Kingdom’s economic base. Crown Prince Mohammed bin Salman launched on Tuesday NIS to realize the objectives of the Saudi Vision 2030.

Asharq Al-Awsat

Ten Agreements Signed at Riyadh Supply Chain Conference

Supporting the Kingdom’s ambitions for becoming a global destination for logistics services, the Supply Chain Conference held in Riyadh witnessed the signing of ten agreements that bolster the position of Saudi supply chains in the face of geopolitical challenges. Moreover, Saudi Arabia announced inaugurating 59 logistic zones to bolster supply…

Asharq Al-Awsat

Muslim Brotherhood Announces ‘Overcoming Power Struggle,’ Denies Concluding Deal with Cairo

The Muslim Brotherhood’s “London Front,” led by acting leader Ibrahim Munir, published on Saturday the so-called “political document,” in which it announced overcoming the struggle for power. The Front denied concluding any “political deals” with the authorities in Egypt in exchange for releasing the convicts and those jailed on charges…

Asharq Al-Awsat

Palestinian Reconciliation Deal: Implementation Hinges on Good Intentions

The Palestinian factions signed the Algiers Declaration for Palestinian reconciliation, following amendments that included removing the clause pertaining to the formation of a national unity government that adheres to international legitimacy. Munir al-Jaghoub, an official in the Fatah movement’s commission, said that the factions signed the declaration, which included nine…

Asharq Al-Awsat

Raging Conflicts Afflict the Middle East Region

Flaming conflicts have always ailed the world. Most of these disputes have erupted in the heart of the continents of the Old World (Asia, Africa, and Europe), and a few of them have affected the New World. Today, the world stands afraid of a third world war raging out of…

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