Tag: Arab

  • Israel minister says Arab trade ties unphased by Gaza war

    Israel minister says Arab trade ties unphased by Gaza war

    Abu Dhabi, United Arab Emirates – Israel’s economy minister on Tuesday said trade relations with Arab states had not been affected by the Gaza war, the cost of which he added his country was able to bear.

    “There is no change at all” in trade relations, Nir Barkat told journalists on the sidelines of the World Trade Organization’s 13th ministerial meeting in Abu Dhabi.

    “Things are very stable… I think the leadership understands we have the same goal, which is to collaborate in a peaceful way.”

    When asked about Israel’s economic losses due to the war, Barkat said it could add “anywhere between 150 to 200 billion shekels ($42-55 billion)” to the country’s national debt.

    “That’s not something Israel cannot bear mid- to long-term,” he said.

    In January, Israel’s cabinet approved an additional 55 billion shekels ($15 billion) to meet the cost of the war, while the mobilisation of reservists and the displacement of communities on the borders with Gaza and Lebanon have disrupted the economy.

    The war began when the Palestinian Islamist group Hamas launched an unprecedented attack on Israel on October 7 that resulted in the deaths of about 1,160 people, mostly civilians, according to an AFP tally based on official figures.

    Israel has vowed to destroy Hamas and responded with a relentless offensive in Gaza. ccording to health ministry, at least 29,878 people, mostly women and children, have been killed.

    Confronted with the conflict, Arab countries that have normalised relations with Israel in recent years have been forced to balance diplomacy with fiercly pro-Palestinian Arab public opinion.

    They include the United Arab Emirates, which normalised ties with Israel in 2020 as part of the US-brokered Abraham Accords.

    Barkat said the Gaza war could help Israel boost sales of military technology, noting there is “high interest” from many countries, without specifying if Arab states were among them.

    “Especially after this war we are probably going to be leading many, many initiatives… of how next-generation warfare is going to look like,” he said.

    “Anybody that thinks they are threatened by regimes of Iran then they would have to tap us to better understand what we have learnt and what the solutions and security challenges are,” he added.

    “We are way ahead of everyone.”

    apo-ho/dcp/dv

    © Agence France-Presse

  • McDonald’s CEO admits markets in Middle East affected by boycott

    McDonald’s CEO admits markets in Middle East affected by boycott

    McDonald’s CEO Chris Kempczinski revealed on Thursday that a number of markets in the Middle East, and some beyond, were undergoing a “meaningful business impact” following the Israel-Hamas escalation and “associated misinformation” with regards to the brand.

    Since October 7, when Israel intensified its ground and air raids in Gaza and killed more than 22,000 people, several fast-food chains, including McDonald’s and Starbucks, have been boycotted by consumers due to their “pro-Israeli stance and alleged financial ties to Israel”.

    Kempczinski deems the “misinformation” regarding the brands “disheartening and ill-founded.”

    “In every country where we operate, including in Muslim countries, McDonald’s is proudly represented by local owner operators who work tirelessly to serve and support their communities while employing thousands of their fellow citizens,” Kempczinski said in a LinkedIn post.

    In October, following the escalation, McDonald’s Israel posted on social media that it gave thousands of free meals to Israel Defense Forces members.

    This move was repudiated by McDonald’s franchises in some Islamic states.

    Since then, many brands have felt the impact of boycotts in Egypt and Jordan as well as non-Arab countries like Muslim-majority Malaysia.

    Reuters reports that as of fiscal 2022, the company franchised and operated about 40,275 McDonald’s restaurants across more than 100 countries. The fast-food chain reported total annual revenue of $23.18 billion in the year.

    Shares of the company were down marginally in afternoon trading.

  • Israel-Palestine war will not affect any economic agreements, UAE

    Israel-Palestine war will not affect any economic agreements, UAE

    The trade minister of the United Arab Emirates has clarified that the Israel war on Gaza will not affect any economic agreements.

    “We don’t mix economy and trade with politics,” Thani al Zeyoudi told reporters in Dubai on Tuesday.

    Amidst the decades long pro-Palestine policy of the Arab world, UAE was the first Gulf country to establish relations with Israel in 2020. Is also the first Arab state to have a free trade agreement with Israel as in March, as the two countries signed the Comprehensive Economic Partnership Agreement (CEPA).

    The recent claim is followed by a statement issued by UAE on October 8, 2023, in which the country strongly condemned Hamas attacks on Israelis, stating that, “attacks by Hamas against Israeli towns and villages near the Gaza strip, including the firing of thousands of rockets at population centers, are a serious and grave escalation.”

    The ministry of foreign affairs was “appalled” by the reports of the abduction of Israeli civilians, calling for the protection of civilians on both sides

    “The UAE remains in close contact with all regional and international partners to swiftly de-escalate the situation and restore calm in Israel and the OPT and a return to negotiations for a final settlement within the parameters of the two state solution for Palestinians and Israelis, who deserve to live in peace and dignity.”, the statement concluded.

  • Iran’s President Raisi ‘welcomes’ invitation by Saudi king to visit Riyadh

    Iran’s President Raisi ‘welcomes’ invitation by Saudi king to visit Riyadh

    Little over a week after the two nations decided to reestablish diplomatic ties, Iran claims Saudi Arabia has extended an official invitation to Iranian President Ebrahim Raisi to pay a state visit.

    The Saudis have not officially confirmed the invitation, which is claimed to have arrived in a letter from King Salman.

    The conflict between the two countries has dominated the Middle East’s recent history.

    A senior Iranian official, Mohammad Jamshidi, tweeted regarding the invitation to visit Riyadh, saying Mr Raisi had welcomed it and “stressed Iran’s readiness to expand co-operation.”

    Furthermore, Hossein Amir-Abdollahian, the foreign minister of Iran, informed reporters that the two nations had agreed to conduct a meeting at the level of the foreign ministers and that three potential venues had been suggested.

    He did not specify the locations or the potential dates for the meeting.

    According to Bloomberg, the recent thaw in bilateral relations, which came as a surprise after days of negotiations mediated by China, appears to be gaining significant pace.

    Both have declared they will reopen their embassies and resume their economic and security relations within two months.

    With the failure of earlier attempts at reconciliation, many, including the US and the UN, warily welcomed this progress.

    In January 2016 after protesters surrounded its embassy in Tehran, Saudi Arabia broke ties.

    That came after Sheikh Nimr al-Nimr, a well-known Shia Muslim cleric who had been found guilty of crimes related to terrorism, was executed by Riyadh.

    Since then, there have frequently been high levels of tension between the Sunni- and Shia-led neighbours, with each seeing the other as a dangerous force vying for supremacy in the region.

    They have taken opposing sides in a number of local conflicts, including as the civil wars in Yemen and Syria.

    Mr. Amir-Abdollahian said that Iran hoped measures would be taken to strengthen ties with Bahrain, a close Saudi ally that cut off diplomatic ties with Tehran in 2016 after Riyadh did the same.

    “We hope that some obstacles between Iran and Bahrain will be removed and we will take basic steps to reopen the embassies,” he said.

    Bahrain hasn’t reacted to the remarks, but it did earlier applaud the Saudi Arabia-Iran decision to reestablish diplomatic ties.

    Moreover, Iran has shown a desire to restart or strengthen ties with other adversaries in the Arab world, such as Jordan and the United Arab Emirates.

  • The significance behind the black cape Lionel Messi wore at the FIFA world cup ceremony

    The significance behind the black cape Lionel Messi wore at the FIFA world cup ceremony

    The most significant part of the FIFA world cup ceremony was when Messi had been invited to the stage to receive the trophy, the King of Qatar had given him a black cape to wear before he lifted up the world cup to celebrate with his team members.

    Since yesterday social media users, mostly people in the West, were mostly expressing disappointment about Messi’s pictures being ruined by a black cape and even saying that it had ruined a significant moment for the football player. Many Arab critics and journalists were quick to highlight the racism in the media coverage of the West, and its overt disregard for Eastern culture and tradition.

    As Eastern journalists and critics had shared, every time the FIFA world cup would take place in different countries, the winner would be crowned according to the traditions of the host. For instance in 2004 when the Olympics were hosted in Athens, the winners were crowned with an olive wreathe. But the negative coverage over Messi wearing the bisht is proof of how racism in the Western media will remain an unresolved issue

    The black cape that Messi had worn on the final ceremony is called the bisht and historically, it holds a lot of significance within Arabic culture. The bisht is worn by Arabian warriors after a victory. At the ceremony, when the King of Qatar had given Messi the cloak, it was giving someone the highest form of respect and signified him as the King of Football.

  • ‘Take a plane for Tiktok videos’, Kangana Ranaut thinks Qatar Airways spoof video is ‘real’

    ‘Take a plane for Tiktok videos’, Kangana Ranaut thinks Qatar Airways spoof video is ‘real’

    Bollywood actor Kangana Ranaut seems to have fallen for a spoof, again.

    Spoof video

    After Qatar rebuked India for the derogatory remarks against Prophet Muhammad (PBUH) made by Bharatiya Janata Party (BJP) spokespersons Nupur Sharma and Naveen Kumar Jindal, #BycottQatarAirways started trending on Indian Twitter.

    An Indian Twitter user ‘Vashudev’ posted a video calling for the boycott of Qatar Airways.

    Later, a spoof video with Qatar Airways CEO Akbar Al Baker replying to Vashudev’s boycott call in an interview with Al Jazeera went viral.

    “Vashudev is our biggest shareholder with a total investment of ₹634.50 rupees. We don’t know how to operate anymore. We have grounded all the flights … we are requesting Vashudev to take this call for boycott back. This is a special kind of boycott because it is b-y-c-o-t-t. Vashudev habibi, we are willing to give you one whole plane to make your TikTok videos or maybe we can give you two litres of petrol free. Please consider our offer and take the boycott back,” Qatar Airways CEO’s voiceover says in the spoof video.

    Kangana shares spoof video on Instagram

    After the spoof video went viral, Kangana Ranauat shared it on her Instagram stories, thinking the video is ‘real’.

    “This idiot of a man has no shame bullying a poor man mocking his insignificance and place in the world…Vasudev may be poor and insignificant for a rich man like you but he has the right to express his grief, pain and disappointment in whatever context it may be… remember there is a world beyond this world where we all are equal,” wrote Kangana in one of her Insta stories.

    She continued: “All so called Indians who are cheering this bully for making fun of a poor man remember this is exactly why you all are a big bojh [burden] on this over populated country.”

    Kangana later deleted her Instagram stories after journalist and fact-checker Mohammed Zubair informed her that it was a voiceover video made by an Indian.

    Kangana shares fake Shehbaz Sharif screenshot

    This is not the first time that Kangana has fallen for fake news.

    In May, Kangana shared a screenshot on her Instagram stories that featured Prime Minister Shehbaz Sharif’s praise for her craft and performance in Dhaakad.

    However, the screenshot featured an imposter account of PM Shehbaz and not the real one.

    READ MORE: Did Shehbaz Sharif praise Kangana Ranaut? Indian actress shares screenshot