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  • Netanyahu ally resigns, deepening Israeli political turmoil

    Israel's parliament speaker abruptly resigned Wednesday, dealing a blow to Prime Minister Benjamin Netanyahu and deepening the country's political turmoil as the embattled Israeli leader tries to cling to power amid a fast-spreading outbreak of the coronavirus and a looming corruption trial. The resignation of Knesset Speaker Yuli Edelstein clears the way for the opposition to move forward with efforts in parliament to topple Netanyahu. But by resigning, Edelstein, a member of Netanyahu's Likud party, also defied a Supreme Court order to hold a vote for his successor, throwing down a new obstacle that could delay the opposition from proceeding with its agenda for several days.

  • Locust Swarms Compound Food Worries in East Africa

    In the past month, large swarms of locusts have devastated crops across large swaths of East Africa, threatening the livelihoods and the food supply of millions who were already struggling to afford food before the locust invasions. While swarms have been spotted in 10 countries, places such as Kenya and Ethiopia -- where the majority of residents say they could not afford food at times in the past year -- have been among the hardest hit.

  • Iran warns of second wave of coronavirus

    “Unfortunately some Iranians ignored advice from health ministry officials and travelled during the (Iranian) New Year holidays ... This could cause a second wave of the coronavirus,” Rabiei said, according to state TV.

  • Forget $25, Oil’s Trading Much Lower in the Real World

    Having collapsed by about 60% this year, Brent and West Texas Intermediate crude have stabilized at around $25 a barrel, but the price rout is far deeper for actual cargoes, which are changing hands at large and widening discounts to the global benchmarks.

  • Saudi Arabia identifies tanker attacked in Gulf of Aden

    He noted the failed attack was “the first time unmanned, remote-controlled exploding boats would have been used in the Gulf of Aden” and blamed it on Ansar Allah.

  • Eight days in quarantine: Saudi freshman’s story after returning from US

    As part of the Saudi government’s precautionary measures to contain the coronavirus disease (COVID-19), some hotels have been converted into quarantine centers to receive passengers arriving from countries where the virus has spread.

  • Saudi energy consortium achieve financial closure for 500MW PV IPP

    For this $400m project, a syndicate of six international and local lenders have agreed to offer $275m senior debt. The lenders include the Asian Infrastructure Investment Bank (AIIB), Bank Muscat, Riyad Bank, Siemens Bank, Standard Chartered Bank and Warba Bank.

  • Saudi king to chair extraordinary G20 video summit on coronavirus

    Saudi Arabia's King Salman will chair an emergency virtual summit of G20 leaders on Thursday to discuss a global response to the coronavirus pandemic. World leaders, including Russian President Vladimir Putin, will take part in the talks, which the Kremlin said would take place by video conference.

  • Need something to watch? Saudi Arabia’s ‘Masameer the Movie’ hits Netflix

    Netflix is streaming the Myrkott-produced film with subtitles in more than 30 languages, making it available to more than 167 million viewers in 190 countries around the world.

  • MEED names GCC’s best projects

    The 88 shortlisted projects will go through a second round of judging before the winners are announced on June 10 at a gala dinner ceremony at Address Hotel, Dubai Marina.