Emir of Kuwait receives BlackRock CEO

Emir of Kuwait receives BlackRock CEO
Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the emir of Kuwait, and Larry Fink, chairman and CEO of BlackRock. (KUNA)
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Updated 03 February 2025
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Emir of Kuwait receives BlackRock CEO

Emir of Kuwait receives BlackRock CEO
  • Larry Fink highlights importance of collaborating with Kuwait

LONDON: Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the emir of Kuwait, received Larry Fink, chairman and CEO of BlackRock, in the presence of Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah.

Fink and his accompanying delegation were received at Bayan Palace on Monday, the Kuwait News Agency reported.

During the meeting, Sheikh Meshal highlighted the importance of fostering investment in Kuwait and enhancing cooperation with foreign companies.

He highlighted the significance of attracting capital to support the national economy and create job opportunities for youth to advance the country’s development.

Fink, the CEO of the US-based multinational investment company established in 1988, highlighted the importance of enhancing collaboration with Kuwait and supporting the country’s Vision 2035.

Minister of Finance Noora Al-Fassam and the Director-General of the Kuwait Direct Investment Promotion Authority Sheikh Meshaal Jaber Al-Ahmad Al-Sabah attended the meeting.


Red Cross chief declares Gaza ‘worse than hell on earth’

Red Cross chief declares Gaza ‘worse than hell on earth’
Updated 5 sec ago
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Red Cross chief declares Gaza ‘worse than hell on earth’

Red Cross chief declares Gaza ‘worse than hell on earth’
  • Palestinians are being stripped of their human dignity, Mirjana Spoljaric tells BBC
  • She calls on world leaders to take action to bring the conflict to an end

LONDON: The situation in Gaza has become “worse than hell on earth,” the president of the International Committee of the Red Cross has said.

“Humanity is failing in Gaza,” Mirjana Spoljaric told the BBC in an interview broadcast on Wednesday. “We cannot continue to watch what is happening.”

The ICRC, a global organization assisting people affected by conflict, has about 300 staff in Gaza.

It runs a field hospital in Rafah that was swamped with casualties in recent days after witnesses described Israeli troops opening fire on crowds trying to access food aid.

Spoljaric said that the situation in the territory was “surpassing any acceptable legal, moral and humane standard.”

“The fact that we are watching a people being entirely stripped of its human dignity should really shock our collective conscience.”

She called on world leaders to do more to bring the conflict to an end because the consequences would haunt them and “reach their doorsteps.”

Israel’s devastating military campaign in Gaza has killed more than 54,000 people since October 2023, mostly women and children.

The offensive was launched after a Hamas-led attack on Israel killed 1,200 people and seized dozens of hostages.

Spoljaric said that while every state had a right to defend itself, there could be “no excuse for depriving children from their access to food, health and security.”

She added: “There are rules in the conduct of hostilities that every party to every conflict has to respect.”

International condemnation of Israel has increased in recent weeks after its military pushed to take full control of Gaza after severing all food and aid supplies to the territory’s population.

Late last month, some aid deliveries resumed after Israel set up a new aid system that bypassed the UN and is now run by a newly formed US organization.

Operations at the Gaza Humanitarian Foundation’s three aid delivery sites were paused on Wednesday after dozens of Palestinians were killed by gunfire near one of the sites.


Israeli settlers establish illegal outpost near Palestinian Authority’s administrative city of Ramallah

Israeli settlers establish illegal outpost near Palestinian Authority’s administrative city of Ramallah
Updated 04 June 2025
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Israeli settlers establish illegal outpost near Palestinian Authority’s administrative city of Ramallah

Israeli settlers establish illegal outpost near Palestinian Authority’s administrative city of Ramallah
  • Settlers establish site on ruins of displaced Palestinian family’s home
  • Colonization and Wall Resistance Commission reported in May attempts by settlers to establish 15 new illegal outposts in West Bank

LONDON: Israeli settlers have established a new outpost on land belonging to Palestinians east of Ramallah, the administrative city of the Palestinian Authority.

The settlers have established the outpost on the ruins of a home belonging to a Palestinian family that was forcibly displaced nearly a year ago following a series of attacks in the village of Al-Taybeh, the Palestine News Agency reported.

Israeli settlements and outposts in the occupied West Bank are considered illegal under international law and have long been viewed as hindrances to the establishment of a viable Palestinian state and to achieving peace.

The PA’s affiliated Colonization and Wall Resistance Commission reported in May on attempts by Israeli settlers to establish 15 new illegal outposts in the West Bank, mainly on agricultural and pastoral land.

These outposts are distributed across several governorates, including six in Ramallah and Al-Bireh; two in Salfit, Tubas, and Bethlehem; and one each in Jericho and Nablus.


Israel defense ministry says arms exports hit all time high in 2024

Israel defense ministry says arms exports hit all time high in 2024
Updated 04 June 2025
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Israel defense ministry says arms exports hit all time high in 2024

Israel defense ministry says arms exports hit all time high in 2024
  • “Israel again reached an all-time peak in defense exports in 2024,” the ministry said

JERUSALEM: Israel’s defense ministry said Wednesday that its arms exports hit an all-time high of more than $14.7 billion in 2024, with a sharp rise in deals with Arab Gulf states, despite international criticism of Israel’s ongoing war against Hamas in Gaza.

“Israel again reached an all-time peak in defense exports in 2024, marking the fourth consecutive record-breaking year in the scope of defense agreements,” the ministry, which oversees and approves the exports of Israel’s defense industries, said in a statement.


Suspected crypto kidnappings mastermind arrested in Morocco

Suspected crypto kidnappings mastermind arrested in Morocco
Updated 04 June 2025
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Suspected crypto kidnappings mastermind arrested in Morocco

Suspected crypto kidnappings mastermind arrested in Morocco
  • France thanks Morocco for arresting 24-year-old after kidnappings targeting French crypto entrepreneurs

PARIS: France’s justice minister on Wednesday said that Morocco had arrested a man suspected of ordering a series of kidnappings targeting cryptocurrency entrepreneurs in France.
“I sincerely thank Morocco for this arrest, which demonstrates excellent judicial cooperation between our two countries, particularly in the fight against organized crime,” Gerald Darmanin said on X.


Turkiye’s AJet to start flights to Syria’s Damascus

Turkiye’s AJet to start flights to Syria’s Damascus
Updated 04 June 2025
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Turkiye’s AJet to start flights to Syria’s Damascus

Turkiye’s AJet to start flights to Syria’s Damascus
  • AJet said flights from Sabiha Gokcen airport will begin from Jun. 16
  • Flights to Damascus from Ankara will start from Jun. 17

ISTANBUL: Turkish Airlines subsidiary AJet said it will start flights to Damascus International from Istanbul and Ankara airports in mid-June.

AJet said in a statement that flights from Istanbul’s Sabiha Gokcen airport will begin from Jun. 16. Flights will initially take place four times per week before operating daily from July, it added.

Flights to Damascus from the Turkish capital Ankara will start from Jun. 17, three-times per week, the carrier also said.

Turkish Airlines resumed flights to Damascus in January after a 13-year suspension.

Turkiye, a close ally of the new government in Damascus, has pledged to support the country’s reconstruction. Ankara has already helped with the improvement and maintenance of Syria’s airports, the Turkish transport minister has said.