Oil prices continue the weekly upward momentum for the third week in a row with flat fluctuations. At the end of the week, both benchmarks moved up with the same magnitude, trading in the upper $60s. Brent crude price rose by $0.43 to $68.71 per barrel. West Texas Intermediate rose by $0.47 to $65.37 per barrel. OPEC’s monthly oil market report came with two surprises, one
DUBAI: The developer of Motor City in Dubai has reported a 5.6 million dirhams ($1.5 million) net profit in the first quarter of 2021 – recovering from a net loss of 121.9 million dirhams in the same period last year. Dubai-listed Union Properties focused on improving key operational activities across the group, including a significant reduction in direct and administrative
VATICAN CITY: Pope Francis has denounced the “unacceptable” spiral of violence between Israel and the Palestinians, saying the deaths in particular of children was a “sign that they don’t want to build the future but want to destroy it.”
Francis prayed for peace, calm and international help to open a path of dialogue during his Sunday blessing, delivered from his studio window overlooking St. Peter’s Square.
The pope said: “I ask myself: this hatred and vendetta, what will it bring? Do we truly think that we can build peace by destroying the other?”
In unusually pointed comments, Francis added: “In the name of God, who created all human beings equal in rights, duties and dignity and are called to live as brothers, I appeal for calm” and an end to the violence.
Updated 14 May 2021
May 14, 2021 05:53
BEIRUT: Ibrahim Al-Dika had raised his Belgian shepherd Lexi since she was a tiny pup, but then Lebanon’s economic crisis made him jobless and he had to sell her to repay a bank loan.
“It got to the point where I was no longer able to feed her, the bank was pressuring me, and I hit a wall,” said the 26-year-old, devastated beside her empty kennel outside his Beirut home.
“I didn’t sell a car or a telephone. I sold a soul. I sold a part of me.”
Can you afford to keep your pet? Animal activists say this is a dilemma a growing number of Lebanese owners are facing as their purchasing power nosedives.
RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan on Sunday discussed the ongoing efforts to calm tensions in Israel and the West Bank and Gaza and bring the current violence to an end, during call with US Secretary of State Anthony Blinken.
Blinken “lamented the loss of Palestinian and Israeli lives and urged engagement to prevent a deepening of the crisis,” the State Department said, adding he also “expressed his belief that Palestinians and Israelis deserve equal measures of freedom, dignity, security, and prosperity.”
During the phone call, the two ministers reviewed the strategic relations between their two countries and ways to enhance them in all fields, the Kingdom’s foreign ministry said on Sunday.