New funds for savings earned abroad
by Maye Kabil: The National Bank of Egypt is to launch a new investment fund aimed at attracting the savings of Egyptians working in the Gulf states that are not already invested in the market there. Attracting the savings of Egyptians working abroad has been a repeated target for governments and b»»»
States may sue to prevent Paramount, Warner Bros. merger - UPI.com
David Ellison, head of Paramount Skydance, has said that when his company completes its $111 billion acquisition of Warner Bros. Discovery, it will likely look to make about $6 billion in cuts to the combined company. File Photo by John Angelillo/UPI | License Photo June 5 (UPI) -- The attorneys ge»»»
US carries out another ‘defensive’ strike on Iranian island
The US Department of War has said it shot down several Iranian drones over the Strait of Hormuz and carried out strikes against Iran’s coastal installations to prevent a further threat. American forces intercepted “four Iranian one-way attack drones” launched toward the Strait of Hormuz, US Central»»»
The cash-in-the-sofa saga that just won't go away for South Africa's president
The cash-in-the-sofa saga that just won't go away for South Africa's president 11 minutes agoShareSaveAdd as preferred on GoogleKhanyisile NgcoboJohannesburg Getty ImagesPresident Cyril Ramaphosa faces renewed scrutiny over a theft at his private farm in 2020 Just like Watergate in the US, South Af»»»
US strikes Iran radar sites after Iranian drone launch
WASHINGTON: The US military said it carried out strikes on Iranian radar sites on Friday after Iran launched four attack drones toward the Strait of Hormuz. In a post on social media, the US Central Command said all of the Iranian one-way attack drone were shot down. “The attack drones posed »»»
US business lobby chief rejects more Russia sanctions
Imposing additional sanctions on Russia will not help resolve the Ukraine conflict, American Chamber of Commerce in Russia (AmCham Russia) President and CEO Robert Agee has said. Speaking on the sidelines of the St. Petersburg International Economic Forum 2026 (SPIEF 2026) on Thursday, he argued th»»»
UN blames online disinformation for protests outside Libya offices
NEW YORK: The United Nations said on Friday it is deeply concerned by violent protests outside its offices in Libya this week and blamed social media for fueling disinformation about the world body’s work in the country. Hundreds of Libyan demonstrators blocked off the office of the UN refugee ag»»»
France opens ‘war crime’ probe over Israel treatment of flotilla activists
PARIS: France has opened an investigation into an alleged “war crime” and “torture” over Israel’s treatment of French activists who took part in a Gaza-bound aid flotilla, a prosecutor’s office said Friday.The probe was opened at the government’s request, the national counterterrorism prosecutor’s »»»
UN Security Council marks 2 years of Houthi detentions, demands immediate release of 73 UN staff
NEW YORK CITY: The UN Security Council on Friday condemned in the strongest terms the continuing detention of scores of humanitarian workers, UN personnel and civil society representatives by the Houthi rebels in Yemen. It came as the second anniversary of mass arrests in June 2024 approaches with »»»
UN peacekeeping chief outlines options for post-UNIFIL monitoring force in southern Lebanon
NEW YORK CITY: The head of UN peacekeeping used his final International Day of UN Peacekeepers address to issue an urgent call for the violence in Lebanon to end, as the organization mourned the death of yet another soldier killed while serving with the UN Interim Force in Lebanon. Jean-Pierre Lacr»»»
South Africa rolls out twice-yearly HIV prevention drug - UPI.com
President of South Africa Cyril Ramaphosa, pictured in 2025 at the G20 summit, on Friday announced that the HIV prevention drug Lenacapavir will is now available at medical facilities across the country. File Photo by Jemal Countess/UPI | License Photo June 5 (UPI) -- South African officials on Fri»»»
Why UN child-rights advocates are alarmed by Afghanistan’s new marriage rules
NEW YORK CITY: The UN Committee on the Rights of the Child has issued one of its strongest condemnations yet of Taliban policies toward girls in Afghanistan, warning that a newly adopted decree effectively legalizes child marriage and violates numerous international human rights obligations. At the»»»
US judge lifts Trump curbs on legal immigration processing
WASHINGTON: A US federal judge on Friday threw out a series of restrictions placed by President Donald Trump’s administration on legal immigration following last year’s shooting of members of the National Guard by an Afghan immigrant. District Judge John McConnell said the restrictions on processin»»»
Migration pact protest marches through Budapest as demonstrators boo PM Magyar, who responds with heart gesture
A demonstration against the European Union’s Migration Pact took place in Budapest on Friday afternoon, with protesters marching from Kodály körönd to Kossuth Square near Parliament. The event brought together supporters of Fidesz and the Our Homeland Movement (Mi Hazánk), while Prime Minister Péte»»»
FM receives copy of credentials of new Mexican ambassador
Tunis, June 5 (TAP) - Minister of Foreign Affairs, Migration and Tunisians Abroad, Mohamed Ali Nafti, met on Friday in Tunis José Ignacio Madrazo Bolívar, who presented a copy of his credentials as Ambassador of the Mexico to Tunisia, with residence...»»»
Anthropic warns that AI needs a 'brake pedal' - UPI.com
Anthropic warned that AI will need a way to stop it. Photo by Bonnie Cash/UPI | License Photo June 5 (UPI) -- Artificial intelligence company Anthropic issued a warning about systems that can improve themselves and said that humans need a way to intervene when necessary. AI systems will soon be abl»»»
Deadly attack sinks Turkish fishing boat in Black Sea
ISTANBUL: A Turkish fishing boat came under attack and sank Friday in the Black Sea west of the Russian occupied Crimean Peninsula, leaving one person dead and four wounded, authorities said. The coast guard command said in a statement the attack targeted the Turkish-flagged DURU 67 fishing vessel »»»
SpaceX signs pre-IPO deal to provide AI computing to Google
SpaceX on Friday signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company $920 million per month for access to a massive cluster of AI chips, according to a disclosure in its initial public offering filing. The deal, which will bulk up SpaceX's»»»
WHO launches $518m plan to fight Ebola
DAKAR: The World Health Organization chief announced a $518 million, six-month joint plan to fight Ebola on Friday, calling for funding and political commitment to halt the spread of an outbreak that is already the fourth-largest on record. The strategy aims to help the Democratic Republic of Congo»»»
Qatar reiterates condemnation of attack on UAE's Barakah Nuclear Power Plant
The State of Qatar has reiterated its strong condemnation of the attack targeting the Barakah Nuclear Power Plant in the UAE, describing it as a violation of international law, international humanitarian law, and the fundamental principles of nuclear safety and security, Qatar News Agency reported.»»»
Putin rejects Zelenskyy's offer to meet, saying he sees 'no point' in it
Russian President Vladimir Putin on Friday rejected a proposal by Ukrainian President Volodymyr Zelenskyy for a face-to-face meeting on the 4-year-old conflict, saying he sees "no point" in it. Thursday's letter, the first public message Zelenskyy has written directly to Putin since Russia sent tro»»»
Italy appeals for release of flotilla activists in Libya
ROME: Italy has appealed for the release of two Italian pro-Palestinian campaigners detained in eastern Libya who, along with eight other activists, had been refusing food and water for four days. Israeli forces arrested 430 people on board 50 ships in international waters in May, to halt a floti»»»
Gaza’s fishermen patch up dinghies with door frames to keep themselves afloat
GAZA: In a Gaza workshop, a group of men patches up pleasure dinghies with reclaimed fiberglass, wood, and door frames pulled from the rubble, racing to get the boats ready for a tougher line of work. The small vessels, which were used by families and swimmers before the war, have become a lifeline»»»
Brendan Banfield sentenced to life for killing wife, stranger - UPI.com
A Virginia man who plotted to kill his wife and a random other man with his au pair was sentenced to life in prison Friday. File Photo by Mike Theiler/UPI | License Photo June 5 (UPI) -- Brendan Banfield, a Virginia man convicted of killing his wife and a stranger in a plot with an au pair, was sen»»»
Leak on space station triggers brief safety alert
Washington, United States: Astronauts working on the International Space Station briefly sheltered in a docked capsule Friday as Russian colleagues assessed leak repairs, NASA said. Five astronauts had briefly entered the docked Dragon spacecraft as a precautionary measure -- the capsule functions »»»
Trump says he wants his new acting director of national intelligence to cut the office
President Donald Trump said Friday he wants his new acting director of national intelligence, Bill Pulte, to further reduce the size of the Office of the Director of National Intelligence (ODNI), an agency that has already undergone major cuts during his second term. Trump said the office has been »»»
Experts Warn of Rising Childhood Obesity at National Obesity Congress with International Participation
Experts discussed trends in childhood obesity during the Second National Congress on Obesity with international participation which took place in Sofia. The three-day forum is organized by the Bulgarian Association for the Study of Obesity and Associated Diseases (BASORD) with the support of the Eu»»»
Deployment of Tunisian military helicopter unit in CAR under UN flag extended
Tunis, June 5 (TAP) -The deployment of a military combat helicopter unit in the Central African Republic (CAR) under the flag of the United Nations has been extended, under Decree No. 89 of 2026, dated June 4, 2026, published on Friday in the...»»»
World Bank approves USD 900 million project in Iraq
Baghdad: The World Bank announced today its approval of a USD 900 million project to improve road infrastructure in Iraq. In a statement, the World Bank said the project will support Iraq's economic transport corridors, which are a cornerstone of domestic transport, regional integration, and long-t»»»
Hungary officially begins preparations to join the European Public Prosecutor’s Office
Hungary has officially launched preparations to join the European Public Prosecutor’s Office (EPPO). It is an important step in the country’s relationship with European Union institutions and anti-fraud enforcement mechanisms. According to a statement published by Hungary’s Permanent Representation»»»
Iran squad hand passports to US embassy for visa approval
TEHRAN: Iran’s football squad, whose participation in the World Cup remains uncertain, have handed their passports to the US embassy in Turkiye for visas, the head of their Football Federation said on Friday. Mehdi Taj said Iran were following instructions from world football’s governing body. Thei»»»
Seed banks emerge as backbone of Saudi restoration efforts
RIYADH: Seed banks are emerging as a cornerstone of Saudi Arabia’s ecological restoration efforts, safeguarding native plant species and supplying locally adapted seedlings for rehabilitation projects across the Kingdom. The success of these restoration ambitions depends on processes that begin lon»»»
UAE mediates exchange of 370 captives between Russia, Ukraine
The United Arab Emirates has announced the success of new mediation efforts between the Russian Federation and the Republic of Ukraine, resulting in the release of 185 captives from each side, bringing the total number of captives exchanged between the two countries through UAE-mediated efforts to »»»
UN Envoy sees regional consensus as key to swift Middle East conflict resolution
Jean Arnault, Personal Envoy of the UN Secretary-General for the Middle East Conflict and its Consequences, expressed optimism regarding the broad consensus that has begun to take shape in the region about the need for a swift and decisive end to the current conflict, and the importance of working »»»
Qatar reiterates condemnation of attack on UAE's Barakah Nuclear Power Plant
Vienna: The State of Qatar has reiterated its strong condemnation of the attack targeting the Barakah Nuclear Power Plant in the United Arab Emirates, describing it as a violation of international law, international humanitarian law, and the fundamental principles of nuclear safety and security. Th»»»
The escalating nuclear arms race
The risk of nuclear confrontation was said to have diminished in the post-Cold War period. But today, the logic of nuclear deterrence seems to be making a comeback. This phenomenon deserves our readers’ attention, which is why Al Majalla chose the topic as this week’s cover story. Titled The escala»»»
Lebanon appeals for additional $331.5 million in aid - UPI.com
Special Presidential Envoy to Lebanon Jean-Yves Le Drian (C), flanked by French Ambassador to Lebanon Herve Magro (L), attends a meeting with Lebanese Prime Minister Nawaf Salam at the Government Palace in Beirut, Lebanon, on Thursday. The meeting was part of a French push to lock in three prioriti»»»
Azka Farmers Market returns for summer showcasing Saudi seasonal produce
JEDDAH: The Azka Farmers Market has returned for a three-day summer edition at Hayy Jameel, bringing together farmers, producers and visitors from across Saudi Arabia in a celebration of seasonal produce, sustainability and community exchange. Held under Art Jameel’s community programs as part of t»»»
ISS leak prompts astronauts to shelter in Dragon capsule
Astronauts working on the International Space Station briefly sheltered in a docked capsule Friday as Russian colleagues assessed leak repairs, NASA said. Five astronauts had briefly entered the docked Dragon spacecraft as a precautionary measure - the capsule functions as a lifeboat of sorts in th»»»
Judge: Trump must restart immigration, asylum processing - UPI.com
A federal judge in Rhode Island ruled that a batch of Trump's immigration policies are illegal. Photo by Angelina Katsanis/UPI | License Photo June 5 (UPI) -- A federal judge on Friday canceled a batch of President Donald Trump's immigration policies, forcing the administration to begin processing »»»
Dag Hammarskjöld Medal for fallen peacekeepers received in honour of First Sergeant Seifeddine Hamrita
Tunis, June 5 (TAP) - Tunisia's Permanent Representative to the United Nations, Nabil Ammar, received the Dag Hammarskjöld Medal for Peacekeepers on Friday at UN headquarters in New York from UN Secretary-General António Guterres.The medal was...»»»
Illegal Gold Mining Puts Egypt Investment at Risk
Illegal gold mining in Egypt threatens “investment opportunities and the ability to benefit from the country’s reserves,” as “clashes among illegal prospectors” continue to recur. Businessman Naguib Sawiris said Egypt’s mineral wealth was being continuously wasted because of random and illegal mini»»»
European Chief Prosecutor Kovesi Urges Swift, Depoliticized Selection of Bulgaria’s Next European Prosecutor
The process of selecting Bulgaria’s next European Prosecutor should not be politicized and should be completed as quickly as possible in accordance with the applicable rules, European Chief Prosecutor Laura Kovesi said during a meeting with Bulgarian Justice Minister Nikolay Naydenov on Friday, the»»»
US Destroyers Flee Sea of Oman after Iran Navy’s Warning Shots
Iran’s Army says a number of US warships operating in the Sea of Oman have been forced to withdraw from the area after Iranian naval forces fired warning shots using cruise missiles and advanced drones. In a statement on Friday, Iran’s Army announced that the operation was part of the Islamic Repub»»»
Iraq’s PMF Declares ‘Complete Split’ from Parties, Factions
The head of Iraq’s Popular Mobilization Forces announced the start of implementation of a government order by Prime Minister Ali al-Zaidi, who is also commander-in-chief of the armed forces, to form a committee tasked with reorganizing the relationship with armed factions. The move is officially be»»»
Main Message of Putin’s SPIEF Speech: Tectonic Shift in Global Economic Power is Irreversible
The president’s address at the plenary session of the St. Petersburg International Economic Forum has garnered the attention of economists, financial and geopolitics analysts the world over. Sputnik queried four of them regarding some of its main points. "The central thesis was the irreversible shi»»»
Could Wizz Air be forced to close a base? Hungarian airline threatens to leave European capital
An aviation dispute has broken out between Wizz Air and Serbian authorities, with the Hungarian low-cost carrier warning that it may be forced to close its Belgrade base from November 2026 if proposed regulatory changes are implemented. The airline claims that Serbia’s revised route approval proced»»»
Sources to Asharq Al-Awsat: Palestinian Factions Link Gaza Talks Progress to Halt in Assassinations
Israel is stepping up assassinations of Hamas and Islamic Jihad members even as attention turns to Cairo on Saturday for the first meetings on proposals aimed at breaking the deadlock over the second phase of the Gaza ceasefire. Asharq Al-Awsat learned from two Hamas sources and a third source from»»»
House committee votes to codify 'Department of War' name change - UPI.com
Rep. Ronny Jackson, R-Texas, introduced an amendment to a defense budget bill to codify the name change of the Department of Defense to the Department of War. File Photo by Bonnie Cash/UPI | License Photo June 5 (UPI) -- The House Armed Services Committee voted to codify the name change of the Depa»»»
New US sanctions target Iran LPG and shadow banking system
The United States has imposed new sanctions on a network of individuals, companies and vessels accused of facilitating the shipment of hundreds of millions of dollars’ worth of Iranian-origin liquefied petroleum gas (LPG) to South and East Asia by disguising its origin as Omani fuel. The US Departm»»»