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HSBC to cement lead in Saudi Arabia with $5 billion merger

HSBC Holdings PLC is set to reaffirm its position in Saudi Arabia with the takeover of Royal Bank of Scotland Group PLC’s local venture as lenders bet on the kingdom’s ambitious plans to transform its economy. In the country’s first bank merger in almost 20 years, HSBC affiliate Saudi...

Palestine recalls ambassadors to 4 European states

Palestine on Wednesday recalled its ambassadors to four European states after diplomats from those states reportedly took part in celebrations marking the relocation of the U.S. embassy in Israel from Tel Aviv to Jerusalem. “The [Palestinian] Foreign Affairs Ministry on Wednesday...

UN: Over 1,000 children injured in Gaza since March 30

Over 1,000 children have been injured by Israeli forces in the besieged Gaza Strip during demonstrations since March 30, according to UN Children's Fund (UNICEF) Wednesday.  The UN body pointed out that some injuries had been severe and potentially life-altering, including...