Middle East & North Africa

Israel passes law protecting Netanyahu as protests continue

TEL AVIV, Israel (AP) — Israel’s parliament on Thursday passed the first of several laws that make up its contentious judicial overhaul as protesters opposing the changes staged another day of demonstrations aimed at ringing an alarm over what they see as the country’s descent toward autocracy.

World Bank approves $7 billion loan to support Egypt reforms

CAIRO (AP) — The World Bank said Wednesday it approved a $7 billion loan to support Egypt’s push to empower the private sector and enhance its efforts to combat the impacts of climate change.

The loan, approved Tuesday by the World Bank’s board of executive directors, is separate from a bailout loan from the International Monetary Fund, which Egypt secured in December.

UAE: Muslim authorities say Ramadan fasting to begin Thursday

DUBAI, United Arab Emirates (AP) — Muslim authorities in Saudi Arabia and several other Middle Eastern countries say this year’s fasting month of Ramadan will begin Thursday based on the expected sighting of the crescent moon.

Clerics across the region said the moon was not visible Tuesday night, meaning it will almost certainly appear the following evening, heralding the start of the monthlong observance.

Swiss bank collapse wipes out $1.5bn from Saudi investment

21 Mar 2023; MEMO: Saudi Arabia's investment in Credit Suisse is almost wiped out and is expected to lose $1.5 billion, the Wall Street Journal has reported. Crown Prince Mohammed Bin Salman directed the government-backed Saudi national bank to make the investment last year following an increase in the price of oil. He reportedly made the investment against the opinion of his advisers.

Israeli Knesset passes Bill to allow Jews to resettle in evacuated settlements in occupied West Bank

21 Mar 2023; MEMO: The Knesset (Israel's parliament) has passed the second and third readings of a Bill to allow Israeli settlers to resettle in four settlements in the Occupied West Bank, Anadolu News Agency reports.

The Bill rolled back legislation that ordered the evacuation of the illegal outposts of Homesh, Ganim, Kadim and Sa-Nur in the Occupied Territory in 2005.

The Bill was passed by 31-18 votes in the 120-seat Knesset, the assembly said in a statement.

Iran: RIA interested in developing 'peaceful' nuclear energy with Russia; Minister

21 Mar 2023; MEMO: Iran is ready to expand its cooperation with Russia in the energy sector, including in the development of "peaceful" nuclear energy, Iranian Economy Minister, Ehsan Khandouzi, said in an interview with Russia's RIA state news agency.

Tunisia is not under mandate or guardianship and refuses any interference; Saied tells EU Parliament

21 Mar 2023; MEMO: Tunisian President Kais Saied said that his country "refuses interference in its internal affairs because it is not under mandate or guardianship".

This came during a speech on Monday, during Saied's visit to the city of Kairouan (Centre), according to a video posted by the Tunisian presidency's Facebook account.

"We will protect our national sovereignty and reject those who interfere in our affairs again because we are not under mandate, nor under any kind of guardianship, "said Saied.

Erdogan urges Israel to heed Al-Aqsa status in Ramadan in call to Herzog

21 Mar 2023; MEMO: President Recep Tayyip Erdogan talked with his Israeli counterpart, Isaac Herzog, on the phone on Monday evening about the Al Aqsa status, Turkish media outlets reported Tuesday.

According to the report, the two leaders exchanged greetings on the upcoming Islamic holy month of Ramadan and Israel's Passover. Erdogan stressed the importance of prevention of "provocation and threats towards Al-Aqsa mosque", especially during Ramadan.

Russian investors flocked to Turkiye in 2022 following Western sanctions

22 Mar 2023; MEMO: Russian investors established more than 1,300 companies in Turkiye in 2022, a significant increase from the previous year, a new report has revealed.

Issued by the Economic Policy Research Foundation of Turkiye (TEPAV) the report indicated that the increase in Russian companies was a 670 per cent increase compared to 2021.

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