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Islamic Development Bank elects Saudi nominee as new president

RIYADH, July 18 (Xinhua) -- The Islamic Development Bank (IsDB) said on Sunday that Saudi Arabia's nominee Muhammed Sulaiman Al Jasser has been elected as its new president for five years.

The election was confirmed by the IsDB Group General Secretariat, the IsDB said in a statement on its website.

The IsDB Board of Governors (BoG) adopted a resolution expressing profound gratitude and appreciation of Saudi Arabia for its continuous support to the bank since its inception, it said.

Turkey says it expects Greece to give up maximalist claims

18 July 2021; MEMO: Greece should give up its maximalist claims and conceive ways to benefit from regional resources together with Turkey, said Turkey's communications director.

Turkey wants good relations with all neighbors, including Greece, and expects the same attitude from them, Fahrettin Altun told Kathimerini, a pro-government daily in Greece.

Turkey is not liable for the tension between Turkey and Greece, Altun said in an interview published Sunday.

Nepal's new PM Deuba to strengthen relations with India

Kathmandu, Jul 19 (PTI) Nepal's new Prime Minister Sher Bahadur Deuba has said that he looks forward to working closely with his Indian counterpart Narendra Modi to strengthen the relations between the two neighbouring countries as well as the people-to-people contacts.

Prime Minister Modi immediately congratulated Deuba after he won a vote of confidence in the reinstated House of Representatives on Sunday night.

India: Jhakarkatti Bus Depot needs basic facilities for passengers

Kanpur: Inspection, order, maintenance and plan are the appropriate words swirling for the past four years.Required improvements of the inter-state Jhkarkatti bus depot remains a distant dream.

However, R Singh, ARM, Bus Depot, said that the development work got halted due to the bridge construction. Passengers' troubles were resolved from time to time. A letter for maintenance of the outside road was sent to the officers concerned.

France rocked by anti-vaccination, health pass demonstrations

18 July 2021; MEMO: Massive protests took place in several French cities on Saturday for the second time in a week against the government's new health pass requirement and mandatory shots for healthcare workers.

An estimated 114,000 people took part in the protests, according to Interior Ministry estimates.

Syria's Assad says funds frozen in Lebanese banks biggest impediment to investment

18 July 2021; MEMO: Syrian President Bashar al-Assad said on Saturday the main impediment to investment in the country was money stuck in ailing Lebanese banks, reports Syria.

In a speech after being sworn in as president for a fourth term, Assad said estimates suggested the frozen funds were worth between $40 billion and $60 billion.

"Both figures are enough to depress an economy like ours," he said.

India: Pakistan parliament passes FATF-related bill

Islamabad, Jul 17 (PTI) Pakistan's parliament has passed a bill for providing legal assistance in international criminal matters as part of efforts to fulfil the conditions set by the global financial watchdog FATF.

The Mutual Legal Assistance (Criminal Matters) Amendment Bill was passed by the Senate, the upper house, on Friday amidst protest by the Opposition.

UK arms sale to Saudi Arabia three times higher than previously thought

16 July 2021; MEMO: Britain's role in fuelling the Saudi-led war in Yemen is much greater than earlier thought, according to a new report by the UK-based organisation Campaign Against Arms Trade (CAAT). More than three times as much weaponry and military equipment was sold to Riyadh over the past six years when one of the worst humanitarian crises since the Second World War was unfolding in the Arabian republic following a Saudi aggression.

Morocco, Israel sign cyber security deal

16 July 2021; MEMO: Morocco and Israel yesterday signed the first bilateral cooperation agreement in the field of cybersecurity.

The head of the Tel Aviv diplomatic mission in Rabat, David Govrin, explained on Twitter that the agreement will allow Morocco and Israel to participate in "operational cooperation, research and development, and the sharing of information and knowledge."

Paris Clubs cancels $14bn Sudan debt, restructures $23 billion

16 July 2021; MEMO: The Paris Club of official creditors has agreed to cancel $14 billion owed by Sudan and restructure the rest of the more than $23 billion it owes, Paris Club Chairman Emmanuel Moulin said today Reuters reported.

A deal was reached yesterday with Moulin urging Sudan's other private and public creditors to grant the country debt relief on the same terms.

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