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Saudi king orders $19B stimulus for private sector

Saudi King Salman on Thursday issued a decree allocating 72 billion riyals ($19.2 billion) of stimulus funds to support the Saudi private sector. The package aims to boost the role of the private sector in light of economic reforms to diversify the Saudi economy away from oil following...

U.S.-led airstrikes kill 20 civilians in Deir Ezzor

(Zaman Al Wasl)-US-led coalition warplanes killed at least 20 displaced people in renewed airstrikes on last ISIS-held areas in Deir Ezzor province, local media unit said on Wednesday. Local news site Furat (Euphrates) Post reported that 20 people who fled the town of Sbaikhan and...

Saudi Aramco to seek pitches for IPO coordinator roles

Saudi Arabian Oil Co. is asking banks to pitch for roles as coordinators and bookrunners on its initial public offering, people familiar with the matter said, as the state-owned crude producer pushes ahead with plans for the world’s biggest share sale. The company sent out the request...

Syria, The Strangled Cry: Story of Female Detainees

(Zaman Al Wasl)- France2 channel broadcasted a documentary film that sheds light on the rape of female detainees in al-Assad’s prisons. The documentary broadcasted on Tuesday is entitled “Syrie, Le Cri et Etouffe (Syria the Strangled Cry). The documentary features a group of Syrian...

Lebanese army to get $120 million in U.S. aid

The United States, which wants to prevent violence spilling over from Syria into Lebanon, will give the Lebanese army $120 million more in aid to boost border security and counter-terrorism work, the U.S. ambassador to Lebanon said on Wednesday. Lebanon will get six MD 530G light attack...

White House says not right time for talks with North Korea

No negotiations can be held with North Korea until it improves its behavior, a White House official said on Wednesday, raising questions about U.S. Secretary of State Rex Tillerson's offer to begin talks with Pyongyang anytime and without pre-conditions. "Given North Korea's most recent...

Israel intel minister wants Saudi crown prince to visit

Israeli Intelligence Minister Yisrael Katz wants Saudi Crown Prince Mohammed bin Salman to visit, his spokesman said Wednesday, in what would be a historic trip involving two nations with no official diplomatic ties. Israeli leaders have repeatedly spoken of improving ties with the Arab...

Israel says foiled Hamas kidnap plot

Israeli authorities said on Wednesday that they had arrested three members of Hamas on suspicion of planning to kidnap an Israeli in the West Bank. A statement from domestic security agency Shin Bet named the men as Muad Ashtayeh, born in 1998, Mohammed Ramadan and Ahmed Ramadan, aged...

Saudi King Salman says determined to confront corruption

Saudi Arabia's King Salman bin Abdulaziz said on Wednesday his government was determined to confront corruption with "justice and decisiveness", signalling continued support for a crackdown on sleaze involving mass arrests of top Saudis including royals. In a televised speech to the...

Americans oppose Trump's Jerusalem decision

Amid the ongoing criticism of the U.S. move to recognize Jerusalem as Israel's capital, a majority of Americans who Anadolu Agency interviewed in Washington opposed the decision, saying it would push the Middle East further into conflict. “I am deeply disappointed in the decision,” a...

Turkish aid group opens center for Rohingya children

Turkey's IHH Humanitarian Relief Foundation inaugurated a rehabilitation center for Rohingya refugee children in Bangladesh, it said on Wednesday. According to a statement, the foundation plans to open four more similar centers for refugees in Bangladesh in the near future. The...