Two oil tankers come under attack in the Red Sea, sources say Oil tankers transiting the Red Sea are facing renewed dangers while transiting one of the world's most critical chokepoints for crude. Saudi Arabia
UK halts 30 arms export licenses to Israel, citing Gaza concerns After reviewing all the licenses issued or extended in recent months for arms exports to Israel, the British government decided to suspend 30 of them. By Rina Bassist , Jack Dutton
Biden takes jab at Netanyahu over handling of hostage deal talks US President Joe Biden believes Netanyahu is not doing enough to secure a hostage deal, amid growing frustration inside Israel following the recovery of six hostages killed inside Gaza. Palestine
Shell, Turkey's BOTAS sign 10-year LNG deal amid diversification plans Ankara signed a long-term LNG deal with ExxonMobil in May, as it looks to buy alternative gas supplies to Russia amid rising domestic demand. Turkey
General strike in Israel as thousands protest for Gaza hostage deal Labor unions across Israel announced a general strike Monday, to enable their people to demonstrate against the government, in calls to conclude a deal to bring back the hostages. Israel
Middle East fintech funding sees 650% spike in 2020-2023 Fintech is one of the most funded and transacted industries across the MENA region, according to a MAGNiTT report, accounting for 24% of all venture investment in the region in the first half of 2024. Saudi Arabia
Saudi, Turkish leaders call for pressure on Israel to end Gaza war The two countries have repeatedly called for an end of the war in the Gaza Strip since it erupted last October. Saudi Arabia
