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Israel Launches Rare Air Strikes in Lebanon and Gaza as Netanyahu Vows to Extract ‘Heavy Price'
Israel struck targets in southern Lebanon early Friday and resumed air strikes in the Gaza Strip, the Israeli military said, marking a further escalation in the region following violence this week at Jerusalem’s most sensitive holy site.
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This Man Robbed a Bank to Get His Own Money
Amid a financial crisis and the crashing of the national currency, people in Lebanon have limited ability to withdraw their own money from banks. Bassam al-Sheikh Hussein needed to withdraw money to pay his dad’s mounting medical bills — and wasn’t allowed. So he held up a bank in Beirut, starting a 7-hour standoff over his own savings. “If...
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Biden's Mideast Trip Aimed at Reassuring Wary Leaders
President Joe Biden has wrapped up his four-day visit to the Middle East. Even before he stepped foot in Saudi Arabia, Biden knew there would be trouble. He was risking criticism by visiting a country he had vowed to make a “pariah” for human rights abuses, and there was no guarantee the visit would immediately yield higher oil production to...
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Biden Says He Supports ‘Two-State' Solution But ‘Ground Is Not Ripe' for Israeli-Palestinian Talks
President Joe Biden has called for “two states for two peoples” — the Israelis and Palestinians — while visiting the West Bank.
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Biden, Israel's Lapid Agree to Stop Iran Nuke Program, Differ on How
U.S. President Joe Biden and Israeli Prime Minister Yair Lapid stood side-by-side Thursday and declared they would not allow Iran to become a nuclear power. They parted ways, though, on how to get there.
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In Mideast, Biden Struggling to Shift Policy After Trump
Joe Biden took office looking to reshape U.S. foreign policy in the Middle East. But so far, he’s struggled to separate his approach from Donald Trump’s. Biden is set to visit Israel and Saudi Arabia this coming week.
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US Navy Offers Cash for Tips to Seize Drugs, Weapons as Tensions With Iran Continue
The U.S. Navy’s Mideast-based 5th Fleet is starting to offer rewards for information that could help sailors intercept weapons, drugs and other illicit shipments across the region. The program launches on Tuesday against the backdrop of tensions over Iran’s nuclear program and Tehran’s arming of Yemen’s Houthi rebels. The 5th Fleet’s decision to offer cash and other goods for actionable...
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Biden to Visit ‘Pariah' Saudi Arabia and Israel Next Month
President Joe Biden will make his first trip to the Middle East next month with visits to Israel, the occupied West Bank and Saudi Arabia. The White House on Tuesday announced the outline of Biden’s July 13-16 Middle East trip. The decision to pay a call on Saudi leaders comes after Biden as a Democratic presidential candidate branded the kingdom...
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More Hardship as New Sandstorm Engulfs Parts of Middle East
A sandstorm blanketed parts of the Middle East on Monday, including Iraq, Syria and Iran, sending people to hospitals and disrupting flights in some places.
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Palestinian Kills 2, Wounds Several in Tel Aviv Shooting
A Palestinian opened fire into a crowded bar in central Tel Aviv, killing at least two people and wounding several others
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Russia Backs Down on Demands in Iran Nuclear Deal Talks, Making Revival of 2015 Pact Imminent
A return to the 2015 deal would see the return of Iranian oil to the market at a time when crude prices have hit their highest levels in more than a decade.
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UAE Property Tycoon Sajwani Makes $1 Billion Bet on Data Centers
“We have the cash to inject, we’ve hired a very good team… we can build them at a more reasonable cost than our competitors,” the property mogul said.
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Property Booming in ‘Sanction Free' Dubai as Russian Interest Spikes
“I’m sure a lot of Russians are trying to fix their problems… but Dubai will benefit ultimately from any crisis,” an Emirati property magnate told CNBC.
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Dubai Utilities Giant DEWA to Go Public in April as IPO Boom Gets Underway
The utility had adjusted earnings of $3.3 billion last year, and plans to pay a minimum dividend of $1.69 billion over the next five years to future investors.
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UAE Is Placed on Money Laundering Watchdog's ‘Gray List'
The UAE is the financial hub of the Middle East, home to numerous international companies’ headquarters.
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UAE Set to Be Put on Money Laundering Watchdog's ‘Gray List,' Report Says
The UAE is the financial hub of the Middle East, home to numerous international companies’ headquarters.
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UAE Telco E&, Formerly Etisalat, Sets Sights on Asia, Europe for Growth After Major Overhaul
e& is one of the largest listed businesses in the UAE and one of the largest listed telecoms providers in the Middle East by market capitalization.
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UAE Cancels Visa-Free Regime for Ukrainians Just Days Into Russian Invasion
The UAE was among just a few countries that abstained from a U.N. vote condemning Russia’s invasion of Ukraine.
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Drone and Missile Attacks on the UAE Shows Its Strengths More Than Vulnerabilities, Security Analysts Say
Emirati officials reject that their country’s reputation as an isle of stability is being threatened.
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Iran Nuclear Talks Restart as Critical Time Pressure and Distrust Builds
Iran’s nuclear advancements throughout 2021 have shrunk its “breakout time,” or the time it would take to be able to build a nuclear bomb.