NABLUS, Palestinian Territories: Two Palestinians were killed Friday by Israeli forces in the occupied West Bank, the Palestinian health ministry said.
The ministry announced the death of Imad Abu Rashid, 47, who “was killed by the Israeli occupation, after being shot in the abdomen, chest and head.”
In a later statement, it announced the death of Ramzi Sami Zabara, 35, “from a critical wound by the occupation (Israeli) bullets in the heart, in Nablus.”
The Israeli army said in a statement it had received information “regarding a shooting attack from a moving vehicle” on a military target near Nablus.
“Soldiers conducting routine activity in the area identified two suspicious vehicles and responded with live fire toward them, hits were identified,” it added, without specifying whether any fatalities had occurred.
Local sources said that the two men, who hailed from Askar camp near Nablus, were members of the Palestinian Security Forces and were killed during an armed clash with the Israeli army at Huwara, south of Nablus.
The incident is the latest in a deadly week in Nablus, where Israeli forces have conducted regular raids and imposed tight restrictions on movement.
On Tuesday, five Palestinians were killed in an Israeli operation in the city targeting a nascent militant group called “The Lions’ Den.”
The group is a loose coalition of fighters that emerged in recent months, in parallel with a sharp rise in Israeli raids on the northern West Bank.
This week, an army spokesperson said the group had carried out “approximately 20 terrorist attacks against Israeli civilians and security forces over the past month.”
Two Palestinians killed by Israeli forces in West Bank: Palestinian ministry
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Two Palestinians killed by Israeli forces in West Bank: Palestinian ministry
- Sources: Two men were members of the Palestinian Security Forces and were killed during an armed clash with the Israeli army
Saudi Arabia open to financing up to 75% of certain industrial projects, says minister
RIYADH: Saudi Arabia is open to providing up to 75 percent of financing for certain industrial projects, a minister has revealed in a bid to incentivize foreign investment and private sector players.
During his discussion with several Qatari investors on the sidelines of the 52nd meeting of the Gulf Cooperation Council Industrial Cooperation Committee in Doha, Bandar Alkhorayef, the Kingdom’s minister of industry and mineral resources, highlighted the vast opportunities that Saudi Arabia’s untapped mining potential provides to global investors.
According to a release on X, he reaffirmed that in addition to the incentives provided by the industrial and mineral wealth system and the multiple sources of financing, the prepared infrastructure in more than 36 industrial cities around the Kingdom offers a sum of qualitative capabilities such as the production of prefabricated factories and long-term rentals.
Iraq students rally for Gaza and US campus protests
- Students at Al-Nahrain University waved the Palestinian and Iraqi flags
- Iraq does not recognize Israel while all Iraqi political factions support the Palestinian people
BAGHDAD: Dozens of Iraqi university students and professors rallied Thursday at a Baghdad campus in solidarity with Gaza and pro-Palestinian protests at US universities, AFP correspondents said.
Iraqi Education Minister Naeem Al-Aboudi earlier this week expressed his support for the “free voices in universities” around the world, and called for protests in solidarity with the embattled Gaza Strip.
Students at Al-Nahrain University waved the Palestinian and Iraqi flags.
“With all that is happening to our people in Gaza... of course I must be among the first to come to raise our voice,” student Aya Kader, 20, said.
“It is very positive to see the Palestinian flag being waved at American universities,” she said.
Weeks-long pro-Palestinian protests that have swept campuses across the United States have “encouraged us,” she added.
Students and professors also carried banners calling for a “free Palestine,” with some wearing the keffiyeh scarf that has long been a symbol of the Palestinian cause.
“We are here to tell them to stop the killing and to thank the free voices around the world,” said Professor Jomaa Salman, head of the engineering faculty.
“If the storming of Columbia University had happened in another country, especially in a third world country, they would have moved heaven on earth.”
The Iraqi embassy in Washington called Wednesday for “restraint, calm, respect for human rights and peaceful expression” as unrest over Israel’s war in Gaza simmered on US campuses.
Iraq does not recognize Israel while all Iraqi political factions support the Palestinian people.
In 2019, popular protests broke out in Iraq against the ruling establishment, and a security crackdown left more than 600 people killed.
The United States is Israel’s largest military supplier.
Student protesters on American campuses say they are expressing solidarity with Palestinians in the war-devastated Gaza Strip, prompting large-scale police arrests.
The Gaza war broke out after the unprecedented October 7 Hamas attack on southern Israel which resulted in the death of 1,170 people, mostly civilians, according to an AFP tally based on Israeli official figures.
Vowing to destroy Hamas, Israel retaliated with a massive offensive that has killed at least 34,596 people in Gaza, mostly women and children, according to the health ministry in the Hamas-run territory.
Militants also seized hostages during the attack, estimating that 129 of them remain in Gaza, including 34 the military says are dead.
Pakistan’s drug enforcement agency nets record ‘ice’ haul in major anti-trafficking operation
- The Anti-Narcotics Force seizes 224 kilograms of the substance while it was being transported to Belgium
- The authorities also apprehended three suspects, among them two Afghan nationals, who were trying to escape
ISLAMABAD: Pakistan’s Anti-Narcotics Force (ANF) announced on Thursday it had achieved a “monumental victory” in the ongoing battle against drug trafficking by intercepting the largest consignment of methamphetamine, popularly called “ice,” in the nation’s history.
Methamphetamine, known for its potent and addictive properties, has seen a significant rise in use not just in Pakistan but globally, contributing to a burgeoning health crisis.
The drug’s accessibility and escalating abuse have heightened law enforcement and public health efforts to curtail its spread.
This major seizure highlights the ongoing challenges and the critical need for continued vigilance and international cooperation in combating drug trafficking and its societal impacts.
“A total of 224 kilograms of Methamphetamine (Ice) was seized by the diligent ANF team at the Karachi port,” an official statement announced. “Disguised within five containers labelled as ‘Soapstone’ exports from Afghanistan to Belgium, this illicit substance was artfully concealed within the container’s roof and doors.”
The authorities also apprehended three suspects involved in the smuggling attempt, among them two Afghan nationals.
“The suspects were attempting to flee to Afghanistan via the Torkham border when they were intercepted by ANF Team,” the statement continued.
It added the intercepting the massive methamphetamine consignment by ANF prevented its distribution and potential harm to countless people.
SAR sees 9% annual growth in cargo transported
RIYADH: The volume of minerals and goods transported by Saudi Arabia Railways reached 6.34 million tonnes during the first quarter of 2024, an annual increase of 9 percent.
According to its quarterly report, SAR stated that over 2.7 million passengers utilized its services, marking a 23 percent growth compared to same period last year.
Passenger rides also increased by 3 percent, reaching a total of 8,252 trips across the East Train, North Train, and Haramain Express train networks.
Saudi financial sector expands ambitions, eyes foreign investment surge: report
RIYADH: Saudi Arabia aims to enhance its stock exchange appeal to foreign investors, targeting 17 percent ownership of free float shares by 2024, a new report has revealed.
According to the 2023 Financial Sector Development Program document, the Saudi Capital Market Authority plans to boost assets under management to 29.4 percent of gross domestic product by 2024 by increasing the investment environment and attracting more investors.
The report, published annually, highlights the achievements in the financial sector, particularly the Kingdom’s ongoing progress in competitiveness indicators related to the capital market, as stated by Mohammed Al-Jadaan, minister of finance and chairman of the FSDP.
Commenting on the development of the financial sector, Al-Jadaan emphasized the importance of innovation and investment in talent and technology.
“We have placed innovation and investment in both talent and technology at the top of our priorities, because we recognize the importance of building a dynamic financial environment that allows companies — especially startups — to flourish and succeed,” the minister stated.
In line with its commitment to facilitating financing in the capital market, the CMA also plans to accelerate the pace of listings by welcoming 24 new companies in 2024.
Moreover, there will be a focus on supporting the development of new and promising sectors, with a target of having micro and small enterprises account for 45 percent of total listings.
Another area of emphasis is the deepening of the sukuk and debt instruments market, with the goal of increasing the debt-to-GDP ratio to 22.1 percent by the end of 2024. These measures aim to provide diverse financing options for companies and further stimulate economic growth.
“The capital market ecosystem continued its efforts to contribute to developing the financial sector and achieving the Saudi Vision 2030,” stated Mohammed El-Kuwaiz, chairman of the CMA.
“By approving rules for foreign investment in securities and streamlining regulatory procedures, we have witnessed a significant increase in foreign investments in the capital market, reaching SR401 billion ($106.9 billion),” El-Kuwaiz added.
The Saudi Central Bank also reaffirmed its commitment to adhering to international standards and best practices to enhance the strength and stability of the financial sector.
Initiatives such as developing digital solutions for supervising the financial sector and enabling local and international FinTechs demonstrate the Kingdom’s dedication to embracing technological advancements.
Furthermore, the Financial Academy unveiled its new strategy for 2024-2026, focusing on enhancing human capabilities in the financial sector through training programs and professional certifications.
The academy aims to increase the number of trainees and improve the quality of its services to meet the evolving needs of the industry.
The 2023 FSDP report highlighted significant progress across sectors like fintech and digital banking.
The Kingdom saw a surge in fintech companies, surpassing 2023 targets with 216 in operation and launching two digital banks.
Saudi Arabia claimed the top spot in the Corporate Boards Index among G20 nations and secured second place in various indices. Foreign companies relocated headquarters to the Kingdom, deepening the capital market.
Moody’s, Fitch, and S&P Global Ratings revised Saudi Arabia’s outlook to “Positive” and affirmed its “A1” and “A+” credit ratings, citing fiscal policy development, economic reforms, and structural improvements.
Saudi Arabia led venture investments in the Middle East & North Africa, securing 52 percent of total investments in 2023, and allocated SR10 billion to support small and medium enterprises across economic activities and regions in the first half of the year.
