Page 86 - Taif News Today

GENEVA: The UN warned Tuesday that the destruction of the Kakhovka dam in Ukraine could spark an environmental disaster and have dire humanitarian consequences for hundreds of thousands of people. An attack on the major Russian-held dam in southern Ukraine unleashed a torrent of water that flooded a small city, inundated two dozen villages and sparked the evacuation of 17,000

RIYADH: Saudi ministers backed this week’s oil agreement between exporting countries and supported the Kingdom’s voluntary production cut. Organization of the Petroleum Exporting Countries and allies such as Russia, known as OPEC+, announced on Sunday to limit oil output in 2024. Saudi Arabia said it will extend its voluntary cut of 500,000 bpd until the end of December 2024,

Over the past couple of years it has seemed increasingly inevitable that renewed regional conflict will ultimately erupt, with Iran and its allies pitched against Israel and America. Following a period when southern Lebanon, or perhaps Iraq, looked like potential flashpoints, attention is turning to the battle for control over eastern Syria as a conduit for broader regional

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu ramped up threats to attack Iranian nuclear facilities on Sunday, convening a rare cabinet war drill after he accused UN inspectors of failing to confront Tehran. With Iran having enriched enough uranium to 60 percent fissile purity for two nuclear bombs, if refined further — something it denies wanting or planning — Israel

JEDDAH: Saudi Arabia and the US on Sunday made a renewed push for truce talks between Sudan’s warring generals as deadly fighting raged into its eighth week. Envoys of Sudan’s regular army and paramilitary Rapid Support Forces or RSF have remained in Jeddah despite the earlier collapse of ceasefire talks, the Kingdom’s Foreign Ministry said. The foreign mediators called for

RIYADH: Saudi Arabia’s non-oil sector posted substantial momentum in May according to a business survey, as the Kingdom’s economic diversification strategy continues to progress. The latest Riyad Bank Saudi Arabia Purchasing Managers’ Index report, formerly the S&P Global Saudi Arabia PMI, revealed that the Kingdom’s PMI stood at 58.5 in May, well above the 50 reading,

RIYADH: The King Salman Humanitarian Aid and Relief Center delivered 3,000 cartons of dates to the neediest families in Al-Muzaffar district of Taiz governorate in Yemen. The packages distributed benefited 18,000 individuals. Also on Sunday, a 12th Saudi relief plane landed at Port Sudan New International Airport carrying 30 tons of food baskets and medical supplies. The

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RIYADH: The UAE’s non-oil private sector growth outlook remained positive in May, even as the seasonally adjusted S&P Global Purchasing Managers’ Index fell to 55.5 compared to 56.6 in April. The S&P Global report noted that improved operating conditions drove business confidence to its strongest levels since October 2021. According to the index, PMI readings above 50 show

RIYADH: Saudi Arabia has signed a contract with Iraq to establish a commercial project worth $1 billion in Baghdad, bolstering the economic ties between the two nations, reported the Iraqi News Agency. Abdulaziz Al-Shammari, the Saudi ambassador to Iraq, revealed that the Kingdom inked a contract with Iraq to develop a massive commercial project near Baghdad International