Olympic venue among 40 museums hit by ransomware attack: French police source

Dhaka: Bangladesh Prime Minister Sheikh Hasina resigned on Monday and fled the country after thousands of protesters defied a nationwide curfew and attacked her government residence. In a televised address, Bangladesh military chief Waqar-uz-Zaman announced that he was taking control “at a critical time for our country” and confirmed that Hasina had left Dhaka for … Read more

Gulf bourses close in red on US recession fears

Dubai: Major Gulf stock markets edged lower on Monday, with Asian shares tracking lower on fears that the US could be headed for a recession, while worries about escalating conflict in the region added to concerns. The U.S. unemployment rate neared a three-year high of 4.3 percent in July amid a significant slowdown in employment, … Read more

Arab League chief, Turkish foreign minister discuss Gaza crisis caused by Israeli aggression

Al-Mukalla: Yemen's Houthi militia has rejected the appeal of Abdul Wahab Qatran, a prominent legal activist released from prison, to go abroad for medical treatment. Katran's son Mohammed told Arab News on Monday that the Houthis rejected his father's request to travel to Egypt for treatment of ailments he developed while in prison. The Houthis … Read more

Saudi Arabia sees nearly 50% surge in investment licenses in Q2 amid rising investor confidence

RIYADH: Private sector employment in Saudi Arabia reached 11.47 million by the end of July, up 0.5 percent from June, a new report showed. Data released by the National Labor Observatory showed that the total number of citizens employed in the private sector in Saudi Arabia reached 2.34 million, a monthly increase of 1,206 employees. … Read more

Turkiye to submit bid to join South Africa’s ICJ genocide case against Israel on Wednesday, minister says

Algiers: An Algiers court said on Monday that three rejected presidential candidates were placed under “judicial supervision” while 68 others, including elected officials, were temporarily detained as part of an investigation into electoral fraud.They are suspected to be involved in “signature selling” for the upcoming presidential election on September 7. Candidates need to accumulate a … Read more

Lebanon says two dead in Israeli strike

BEIRUT: Lebanon's health ministry said two people were killed Monday in an Israeli strike in the south of the country, where Hezbollah has traded daily fire with Israel since the Gaza war began in October. Since last week, tensions have risen between Iran and Tehran-backed groups, including Hezbollah, after the killing of a Hamas political … Read more

Oil Updates – prices slip, US recession fears offset Middle East supply worries

RIYADH: Growth in the UAE's non-oil private sector held steady in July but saw the slowest improvement in nearly three years, an economy tracker showed. According to the S&P Global Purchasing Managers' Index, Emirates' PMI fell to 53.7 in July from 54.6 the previous month as competitive conditions, rising price pressures and capacity overload weighed … Read more