Page 40 - Taif News Today

Saudi Arabia does not have any initiative to support any name for the Lebanese presidency or interfere in any name, and stands at an equal distance from everybody, said the Kingdom's Ambassador, Walid Bukhari. Bukhari asserted the need to implement the Taif Agreement that protects the Lebanese. Bukhari was speaking at a dinner banquet at his Yarze residence in honor of Grand Mufti Sheikh Abdullatif Derian in the presence of most Sunni MPs.

A Russian aircraft flew "dangerously close" to a US drone over Syria earlier this week in violation of established protocols and international norms, the White House said on Wednesday. "We have seen the early reports of a second Russian fighter aircraft this week, flying dangerously close to our drone on a defeat ISIS mission," White House spokesperson Karine Jean-Pierre told reporters in a press briefing. The US military said on Tuesday the Russian fighter jet hit the US dro...

The United Nations has recognized the need to scale up assistance in Sudan, according to the United Nations Integrated Transition Support Mission in Sudan (UNITAMS). The UN agencies in Sudan held a meeting Wednesday in Port Sudan, announcing they are jointly mounting efforts to scale up humanitarian assistance for over three million displaced by the conflict, the majority being women and children.

The fund was co-conceptualised by SIDBI and Vivriti with dual objectives of providing necessary debt capital to microenterprises and building bond markets for issuers rated BBB and lower category. The fund is envisaged to benefit over 8,000 microenterprises and 80,000 women entrepreneurs.

Lebanese officials were in a last-minute scramble on Wednesday to avoid leaving the crisis-hit country's central bank without a leader when governor Riad Salameh's 30-year tenure ends next week. The prospect of a vacuum at the top of the central bank has added to concerns about the further fragmentation of the state as it barrels towards a fifth year of financial turmoil.

Israeli forces shot and killed a Palestinian teenager when clashes erupted during an Israeli army raid in the occupied West Bank on Thursday, the Palestinian Health Ministry said. The Israeli military said it was checking the report. The ministry, which identified the person killed as a 14-year-old, said clashes broke out overnight after Israeli troops entered the Palestinian city of Qalqiliya. Residents said a group of Palestinian youth threw stones at the soldiers operating in the area, Reuter...

Turkish President Recep Tayyip Erdogan held on Wednesday a tripartite closed meeting with Palestinian President Mahmoud Abbas and head of Hamas political bureau Ismail Haniyeh in Ankara. Sources told Asharq Al-Awsat that the talks focused on the meeting of the general secretaries to be held in Cairo on July 29-30 and the efforts to make the inter-Palestinian dialogue a success.

The Tunisian coast guard recovered 901 bodies of drowned migrants off its coast from Jan. 1 to July 20 this year, the country's interior minister, Kamel Feki, said on Wednesday, marking an unprecedented number of victims off the country's coasts. The country is facing a record wave of migration this year and frequent catastrophes of the sinking of boats of migrants from sub-Saharan Africa heading to Italian coasts.

Alternative Investment Funds (AIFs) are a popular choice for high net worth individuals and family offices in India, but investors should carefully consider the asset allocation and performance track record before investing. AIFs are best suited for hard-to-access assets or strategies that require specialized knowledge and skills. Real estate, stressed assets, and private equity are examples of asset classes that work well with AIFs. Investors should also look for experienced investment manageme...

When Elias Hrawi was elected president of the Lebanese Republic in November 1989, following the assassination of President Rene Mouawad, he found before him a wrecked state. Hrawi, along with Foreign Minister Fares Boueiz, was aware that the international community was tired of Lebanon and had delegated to Syria the handling of its affairs.