Fatal Helicopter Crash Claims Iraqi Airman During Election Security Duty

Fatal Helicopter Crash Claims Iraqi Airman During Election Security Duty

BAGHDAD: A member of the Iraqi Air Force lost his life, and another sustained injuries in a military helicopter accident while participating in a crucial security mission for provincial elections, as announced by the defense ministry on Tuesday. The incident occurred when the helicopter faced a “technical problem” shortly after taking off from an air…

French Foreign Minister to Hold Talks in Lebanon to Ease Tensions on Israel Border

French Foreign Minister to Hold Talks in Lebanon to Ease Tensions on Israel Border

BEIRUT: France’s top diplomat is scheduled to arrive in Beirut later today for discussions aimed at reducing the frequency of clashes along the Israel-Lebanon border, raising concerns of a potential full-scale conflict. Foreign Minister Catherine Colonna is anticipated to emphasize the need for responsibility and restraint during her meetings with Lebanese Prime Minister Najib Mikati…

Business Community and Experts Applause for Government’s Economic Strategies

Business Community and Experts Applause for Government’s Economic Strategies

Despite facing challenges, the caretaker government’s comprehensive strategies have resulted in significant economic advancements, as evident from various indicators, receiving acclaim from both the business community and economic experts. The business community and financial analysts have lauded the positive impact of the government’s measures, highlighting the decrease in oil prices, stability in the exchange rate,…

PFC Delegation’s Visit to China Set to Unlock Fresh Business Prospects

PFC Delegation’s Visit to China Set to Unlock Fresh Business Prospects

The recent visit of the Pakistan Furniture Council (PFC) delegation to Guangzhou, China, is anticipated to play a pivotal role in not only catalyzing the growth of the furniture market but also diversifying business opportunities for both Pakistani and Chinese enterprises. According to an official press release, this visit has emerged as a significant platform…

Abu Dhabi Nearing Agreement to Acquire Share in Turkish Port

Abu Dhabi Nearing Agreement to Acquire Share in Turkish Port

Abu Dhabi is on the verge of finalizing a deal to acquire a stake in a significant Turkish port, as indicated by four informed sources. This development marks a noteworthy shift towards reconciliation between the once acrimonious geopolitical adversaries. According to two of the sources, the prospective arrangement involves the state-controlled AD Ports Group making…

Potential 5-10% Depreciation Predicted for Rupee in 2024

Potential 5-10% Depreciation Predicted for Rupee in 2024

In the upcoming year, the rupee is anticipated to sustain its downward trend, facing various economic challenges such as surging inflation, substantial debt obligations, an expanding external financing gap, and diminishing foreign exchange reserves, according to a report from Tresmark, a financial terminal. The report suggests that the rupee, having already experienced a 20 percent…

Israel Discovers Largest Hamas Tunnel Amid Ongoing Gaza Offensive

Israel Discovers Largest Hamas Tunnel Amid Ongoing Gaza Offensive

The Israeli army reported on Sunday that it had uncovered an expansive Hamas tunnel while continuing its offensive in Gaza, despite increasing international appeals for a ceasefire and calls from families to bring back remaining hostages. The discovery of the largest Hamas tunnel to date was announced by Israel near the Erez border crossing, with…

Iraq Conducts Initial Provincial Elections in a Decade

Iraq Conducts Initial Provincial Elections in a Decade

The electoral process sets the groundwork for the parliamentary elections slated for 2025 BAGHDAD: Commencing on Monday, Iraq initiated voting in its first provincial council elections in ten years. The ruling Shiite Muslim alliance is poised to maintain its hold on power, despite a boycott by the prominent cleric Moqtada Al-Sadr, a key political adversary….

Austin’s Visit to Israel Amidst US Call for a Shift in Gaza Strategy

Austin’s Visit to Israel Amidst US Call for a Shift in Gaza Strategy

JERUSALEM: Defense Secretary Lloyd Austin is set to encourage Israel to de-escalate significant military operations in Gaza during his visit on Monday, testing the ability of the US to influence its staunch support for the offensive and mitigate its severe impact on Palestinian civilians. Over the weekend, France, the UK, and Germany, close allies of…

Possible Explosion Near Vessel off Yemen’s Coast

Possible Explosion Near Vessel off Yemen’s Coast

Dubai: On Monday, a potential incident occurred near a vessel in the Bab Al-Mandab area, and a second event was reported near the southern end of the Red Sea, according to a statement from the United Kingdom Maritime Trade Operations (UKMTO). The UKMTO received a report of a possible explosion approximately two nautical miles from…