$1B in foreign exchange sold after Erdoğan’s announcement
$1B in foreign exchange sold after Erdoğan’s announcement of convertible deposit system as dollar, euro continue to lose value against the Turkish lira.
In Lebanon, manufacturers mull stark choices to stay in business
With no relief in sight, some industrialists are faced with cutting staff or relocating operations abroad.
UAE bans flights arriving from Ethiopia, Kenya and Tanzania due to COVID-19
The decision bars travelers who were in the four countries 14 days prior to their arrival in the UAE. Excluded from the travel ban are UAE nationals, members of diplomatic missions and golden residence holders.
Is Yemen’s war moving to a ‘grudging acceptance’ of the Houthis?
After six years of conflict and no end in sight for battle over key city, the Saudi-led coalition may be looking for a new way to continue their fight against the rebels.
Iraqi FM calls for direct Iran-US talks on nuclear deal
Iraq’s foreign minister on Thursday called for direct negotiations between Iran and the United States, Iranian media reported, a rare appeal just days before world powers are set to resume talks over the tattered nuclear accord in Vienna.
Dubai police arrest ‘lemon’ drug smugglers
Dubai police said Thursday they have arrested four men “of Arab nationality” for trying to smuggle millions of dollars’ worth of Captagon pills hidden in plastic lemons into the UAE.
Captagon is an amphetamine-type stimulant manufactured mostly in Lebanon, although probably also in Iraq and Syria, and much of which is bound for Saudi Arabia.
