Saudi FM visits Moscow
The Saudi Press Agency reported that Saudi Foreign Minister Prince Faisal bin Farhan arrived in the Russian capital, Moscow, on Thursday on an official visit that comes in the context of strengthening bilateral relations.
The agency explained that Prince Faisal bin Farhan is scheduled to discuss bilateral relations between the Kingdom of Saudi Arabia and the Russian Federation and ways to strengthen them, in addition to key regional and international issues and topics of common interest.
For her part, Russian Foreign Ministry Spokesperson Maria Zakharova said that the Russian foreign minister and his Saudi counterpart will hold official talks.
read more
Gold prices rise, 21 Karat at EGP 3685
NATO's Role in Israeli-Palestinian Conflict
US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria
Shoukry Meets Director-General of FAO
Lavrov: confrontation bet. nuclear powers must be avoided
News
Iran Summons French Ambassador over Foreign Minister Remarks
News
Aboul Gheit Condemns Israeli Escalation in West Bank
News
Greek PM: Athens Plays Key Role in Improving Energy Security in Region
News
One Person Injured in Explosion at Ukrainian Embassy in Madrid
News
Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters
News
China Launches Largest Ever Aircraft Carrier
Sports
Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer
Videos & Features
Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Business
Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War
News
Flights suspended at Port Sudan Airport after Drone Attacks
Videos & Features
Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
News
"Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence"
News
Shell Unveils Cost-Cutting, LNG Growth Plan
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
6 hours ago
- See - Sada Elbalad
Ireland Pledges €4 Million to Support Education and Public Services in Palestine
Taarek Refaat In a significant move to bolster support for Palestinian communities amidst ongoing challenges, the Irish government has announced a new aid package worth €4 million aimed at supporting children's education and public services in Palestine. The Irish Department of Foreign Affairs confirmed that €3 million of the total funding will be directed toward educational initiatives, specifically to support the schooling of children in Palestine. In addition, €700,000 will be allocated to human rights organizations, and €300,000 will be used to assist public services and families in need. In a statement released on Friday, Simon Harris, Ireland's Deputy Prime Minister and Minister for Foreign Affairs, emphasized the critical role of education in Ireland's longstanding partnership with Palestine. He highlighted that the funding would also support the United Nations Relief and Works Agency (UNRWA), which is providing remote education to around 300,000 children in Gaza, where schools have faced severe disruptions due to the ongoing conflict. "The provision of education remains a cornerstone of our commitment to Palestine, and we continue to support UNRWA's vital work in ensuring that Palestinian children receive an education despite the challenging circumstances they face," Harris said. The announcement of this aid comes at a time of heightened international focus on the situation in Palestine, as diplomatic efforts intensify to address the ongoing conflict. Harris also remarked that the coming days represent a "critical opportunity" to achieve a ceasefire and end the ongoing violence. He called on all parties to make every effort to reach a peace agreement that would halt the suffering and bring an end to the war. This move by Ireland underscores the country's commitment to providing humanitarian assistance and supporting key sectors such as education and human rights in regions affected by conflict. Ireland has been a consistent advocate for Palestinian rights on the international stage and continues to contribute to peacebuilding efforts in the region. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News Flights suspended at Port Sudan Airport after Drone Attacks News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
See - Sada Elbalad
7 hours ago
- See - Sada Elbalad
BRICS Nations Surpass $60 Trillion in Assets, Russian Minister
Taarek Refaat Russian Finance Minister Anton Siluanov announced that the total financial assets of BRICS nations have now exceeded $60 trillion, underscoring the bloc's expanding economic footprint and growing influence on global financial architecture. Speaking during a meeting of the Board of Governors of the New Development Bank (NDB)—the financial arm of BRICS—Siluanov emphasized the bank's evolving role as a key driver of investment across both BRICS member states and the broader Global South. "This year marks a decade since the establishment of the New Development Bank, which has become the principal financial instrument for funding development projects not only within BRICS countries but also across the Global South,' Siluanov said, according to the Russian state-run news agency TASS. Siluanov highlighted the demographic and economic significance of developing nations, noting that countries in the Global South collectively account for nearly 70% of the world's population and contribute about 60% of global GDP. He added that the financial assets of these nations now represent more than half of global total assets, exceeding $60 trillion. 'These figures reflect a profound shift in global economic power,' the minister stated, adding that the NDB plays a pivotal role in channeling capital toward emerging market priorities, especially infrastructure development. The Russian finance chief called for a new approach to mobilizing long-term, sustainable capital, stressing the need to modernize investment mechanisms. This, he said, could include expanding the use of digital financial assets to enhance capital flows and project financing. Siluanov's remarks come as BRICS—comprising Brazil, Russia, India, China, South Africa, and newly admitted members—seeks to deepen financial cooperation and promote alternatives to traditional Western-led financial institutions like the IMF and World Bank. As global economic dynamics shift, the BRICS bloc is positioning itself as a counterbalance to Western financial dominance, advocating for greater representation of developing economies in global governance, and investing in infrastructure as a pathway to sustainable development. The New Development Bank, headquartered in Shanghai, has financed dozens of projects since its inception in 2015, ranging from transportation and energy infrastructure to water and sanitation initiatives. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News Flights suspended at Port Sudan Airport after Drone Attacks News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
See - Sada Elbalad
9 hours ago
- See - Sada Elbalad
IAEA Withdraws Inspectors from Iran Amid Escalating Nuclear Crisis
Taarek Refaat The International Atomic Energy Agency (IAEA) announced on Friday that it has withdrawn its remaining inspectors from Iran, citing unresolved tensions and restricted access to nuclear facilities damaged in recent military strikes by the United States and Israel. The move marks a dramatic escalation in the already fragile standoff between Tehran and the West, following a 12-day conflict that began with Israel's surprise airstrikes on Iranian nuclear sites three weeks ago. 'The last group of our inspectors has safely departed Iran and is en route to the agency's headquarters in Vienna,' the IAEA said in a brief statement posted on X (formerly Twitter). The inspectors had remained in Tehran during the height of hostilities, which erupted on June 13. Since the attacks, which targeted key nuclear sites including Fordow, Natanz, and Isfahan, the IAEA has been denied access to inspect the damage or monitor Iran's nuclear activities. Although Iran has not officially suspended cooperation with the agency, the Iranian parliament passed legislation last week that effectively halts such collaboration until authorities verify the safety and security of the country's nuclear infrastructure. The IAEA's Director General, Rafael Grossi, has described restoring inspector access as a 'top priority,' but acknowledged that the agency has faced increasing difficulties on the ground. Diplomats close to the matter say the number of inspectors in Iran has dwindled significantly since the war began, and concerns about their safety have grown amid mounting anti-IAEA rhetoric from Iranian officials and state media. Iranian leaders have accused the agency of 'laying the groundwork' for foreign military action, pointing to a sharply critical IAEA report issued on May 31, which concluded that Iran was in violation of key non-proliferation commitments. That report, endorsed by the IAEA Board of Governors, was followed by a resolution condemning Tehran's lack of transparency. In response to those accusations, Grossi defended the report, insisting it was based on factual assessments and denied that it served as a pretext for military intervention. 'We stand by our findings,' Grossi said. 'The agency does not facilitate or justify the use of force. Our role is strictly technical and impartial.' Tensions reached a boiling point after the U.S. joined the offensive on June 21, launching coordinated strikes on Iran's nuclear sites alongside Israel. In addition to infrastructure damage, several high-ranking Iranian nuclear scientists were assassinated in targeted operations, reportedly attributed to Israeli intelligence. With diplomatic channels frozen and IAEA oversight suspended, nuclear proliferation experts are warning of an increasingly opaque and volatile situation. 'The absence of inspectors on the ground makes it nearly impossible to verify what Iran is doing with its nuclear material,' one Western diplomat told [News Organization]. 'This is an extremely dangerous moment for global nuclear stability.' The latest developments raise urgent questions about the future of nuclear diplomacy with Iran, particularly in light of Tehran's recent statements asserting its right to continue uranium enrichment. While Iranian officials have expressed openness to renewed negotiations, they have made clear that any talks must exclude the threat of military action. As of now, the IAEA has given no timeline for when inspectors might return to Iran, and with mutual distrust deepening, prospects for de-escalation remain uncertain. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News Flights suspended at Port Sudan Airport after Drone Attacks News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
