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Saudi banks reach $4.5B deal over zakat

Major banks in Saudi Arabia reached settlements worth a combined 16.7 billion riyals ($4.5 billion) with the kingdom’s tax authority over a religious levy the lenders had been kicking against. The deals come as the world’s largest crude exporter predicts a budget shortfall of 131 billion...

Italian PM arrives in Libya for official talks

Italian Prime Minister Giuseppe Conte arrived in the Libyan capital, Tripoli, on Sunday where he held talks with Prime Minister of the UN-backed unity government Fayez Sarraj. The talks tackled the current political situation in Libya and means of bolstering bilateral relations,...

Key Taliban leader killed in air raid in Afghanistan

A senior Taliban commander was killed in an aerial raid in southeastern Paktika province, the Afghan Defense Ministry said Sunday. The militant was targeted in the Barmal district bordering Pakistan’s restive South Waziristan tribal agency. Without naming the rebel commander,...