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US targets Nasrallah, deputy Qassem with sanctions

The United States on Wednesday imposed additional sanctions on Hezbollah's leadership, targeting five of its top officials, including Hezbollah Secretary-General Sayyed Hasan Nasrallah and deputy leader Sheikh Naim Qassem. In addition to Nasrallah and Qassem, the U.S. also imposed...

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...