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Kuwait position towards Israel unchanged

Kuwait's position towards Israel is unchanged after its accord with the United Arab Emirates and it will be the last country to normalize relations, newspaper al-Qabas reported Sunday citing Kuwaiti government sources. Israel and the UAE announced an agreement on Thursday that will lead to...

Telephone service begins between UAE, Israel

Telephone service between the United Arab Emirates and Israel has begun as the two countries open diplomatic ties. Associated Press journalists in Jerusalem and Dubai were able to call each other from both landline and cellular phones Sunday. Officials in Israel and the UAE did not...

Trump vows to force return of Iran sanctions

US President Donald Trump vowed Saturday to use a controversial technique to unilaterally reinstate UN sanctions on Tehran, a move with huge repercussions for the Iran nuclear deal. His declaration came a day after the UN Security Council overwhelmingly rejected a US resolution to extend an...

Algeria turns to Islamic finance to prop up economy

Algeria has launched Islamic finance products in a bid to attract money from the informal market, but bankers warn it will take more to fix the country's struggling economy. Falling oil prices and the coronavirus pandemic have battered the North African country, triggering alarm bells among...