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10 killed as Israeli airstrike targets shelter for displaced families in Gaza, medics say

10 killed as Israeli airstrike targets shelter for displaced families in Gaza, medics say
Palestinian children play next to a building destroyed by Israeli army strikes in the central Gaza Strip town of Khan Younis on Jan. 1, 2025. (AP)
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Updated 02 January 2025

10 killed as Israeli airstrike targets shelter for displaced families in Gaza, medics say

10 killed as Israeli airstrike targets shelter for displaced families in Gaza, medics say
  • Israel has killed more than 45,500 Palestinians in the war in Gaza, according to health officials in the Hamas-run enclave

CAIRO: An Israeli airstrike killed at least 10 Palestinians in a tent encampment sheltering displaced families in southern Gaza Strip early on Thursday, medics said.
The 10 people, including women and children, were killed in a tent in Al-Mawasi, designated as a humanitarian area in western Khan Younis, according to the medics.
Fifteen people were also wounded, the medics added. The Israeli military has not immediately commented.
Israel has killed more than 45,500 Palestinians in the war in Gaza, according to health officials in the Hamas-run enclave. Most of Gaza’s 2.3 million people have been displaced and much of the tiny coastal strip is in ruins.
The war was triggered by Hamas’ Oct. 7, 2023, attack on Israel, in which 1,200 people were killed and another 251 taken hostage to Gaza, according to Israeli tallies.


PSG in Intercontinental Cup final in December

PSG in Intercontinental Cup final in December
Updated 3 min 40 sec ago

PSG in Intercontinental Cup final in December

PSG in Intercontinental Cup final in December
  • European Champions League winners Paris Saint-Germain will play their first ever Intercontinental Cup final in Doha, Qatar, on December 17, FIFA announced on Sunday
  • Their opponents will only be determined four days earlier in the final playoff, called the Challenger Cup

PARIS: European Champions League winners Paris Saint-Germain will play their first ever Intercontinental Cup final in Doha, Qatar, on December 17, FIFA announced on Sunday.
Their opponents will only be determined four days earlier in the final playoff, called the Challenger Cup.
This will pit Egyptian club Pyramids, the African champions, against the winner of the match between Central American champions Cruz Azul from Mexico and the future winner of the Copa Libertadores.
The South American tournament is currently in the semifinal stage and includes two Brazilian sides.
Palmeiras are up against LDU Quito of Ecuador while Flamengo take on the Argentinian side Racing.
The Copa Libertadores final takes place on November 29.
From 1960 to 2004, the Intercontinental Cup pitted the champions of Europe and South America against each other.
In 2005, it was renamed the Club World Cup to include other continental champions but that competition was relaunched this year as a quadrennial tournament featuring 32 teams with Chelsea as the inaugural winners of the new format.
The Intercontinental Cup was itself relaunched in its new form last year when Real Madrid beat Mexican club Pachuca.


Denmark bans all civilian drone flights this week due to EU summit: ministry

Denmark bans all civilian drone flights this week due to EU summit: ministry
Updated 12 min 55 sec ago

Denmark bans all civilian drone flights this week due to EU summit: ministry

Denmark bans all civilian drone flights this week due to EU summit: ministry
  • Denmark will ban all civilian drone flights across the country this week to ensure security as Copenhagen hosts an EU summit gathering heads of government, the transport ministry said Sunday

COPENHAGEN: Denmark will ban all civilian drone flights across the country this week to ensure security as Copenhagen hosts an EU summit gathering heads of government, the transport ministry said Sunday.
Mysterious drone sightings across Denmark since September 22 have prompted the closure of several airports, with Denmark hinting at possible Russian involvement, charges Moscow has rejected.
Copenhagen is to host an EU summit on Wednesday and Thursday.
"Denmark will host EU leaders in the coming week, where we will have extra focus on security. Therefore, from Monday to Friday, we will close the Danish airspace to all civilian drone flights," Transport Minister Thomas Danielsen said in a statement.
"In this way, we remove the risk that enemy drones can be confused with legal drones and vice versa," he added.
A violation of the ban can result in a fine or imprisonment for up to two years, the ministry said.
Justice Minister Peter Hummelgaard said in the same statement the purpose of the ban was to simplify the work of police and other authorities.
"The police are on heightened alert, and our authorities must use their forces where necessary to take care of Danes and our guests."
He said the ban would mean police would not have to "spend their efforts on civilian drones" that do not pose a problem to security and police.
Danish police said Saturday they had received more than 500 reports of drone flights from the Danish public, most of which were dismissed as being not of interest.


Oman private sector lending climbs 4.6% to $55bn by July

Oman private sector lending climbs 4.6% to $55bn by July
Updated 28 September 2025

Oman private sector lending climbs 4.6% to $55bn by July

Oman private sector lending climbs 4.6% to $55bn by July

JEDDAH: Oman’s conventional commercial banks expanded credit by 8 percent year on year by the end of July 2025, official data showed. 

Private sector lending rose 4.6 percent to 21.3 billion rials ($55.4 billion), according to the Central Bank of Oman. Investments in securities fell 3.4 percent to 5.8 billion rials, with holdings of government development bonds climbing 6.3 percent to 2 billion rials, while foreign securities declined 15.7 percent to 2.1 billion rials. 

The central bank’s 2025 Financial Stability Report pointed to strong capital buffers and high-quality assets, noting that Oman’s banking sector remains profitable and well-positioned to absorb external shocks. 

“Private sector deposits increased 4.1 percent to 17 billion rials by the end of July, accounting for 66.3 percent of total deposits with conventional commercial banks,” ONA reported, citing the report’s findings. 

On the liabilities side, the recent official data noted that the total deposits with conventional commercial banks grew 3.6 percent to 25.7 billion rials by the end of July. It added that government deposits rose 7.1 percent to 5.8 billion rials, while deposits from public sector institutions fell 11 percent to 1.7 billion rials. 

Real estate trade value hits 2.12bn rials    
According to the National Centre for Statistics and Information, Oman’s total real estate transaction value reached 2.124 billion rials by the end of August, marking a 9.9 percent increase from 1.933 billion rials in the same period last year. 

Fees for legal transactions rose 81.7 percent to 79 million rials. Similarly, sale contract values grew 16.1 percent to 831 million rials, despite a slight 1 percent drop in the number of contracts to 43,971. 

Meanwhile, mortgage contract values rose 6.4 percent to 1.285 billion rials, while exchange contract values declined 17.7 percent to 7.6 million rials. Additionally, property ownership transfers rose 2.6 percent to 153,764, though transfers to GCC nationals fell 12.8 percent to 859 ownerships. 

S&P affirms Oman’s BBB- rating 

The global financial rating agency S&P has affirmed Oman’s long-term foreign and local currency sovereign credit rating at “BBB-” with a stable outlook, citing the government’s commitment to financial reforms and its ability to maintain economic stability despite oil price fluctuations. 

“The report noted that the government’s reforms — including restructuring state-owned enterprises, diversifying income sources, and establishing the Oman Future Fund — have strengthened economic resilience and attracted foreign investment,” ONA reported. 

The agency expects Oman’s real GDP growth to rise from 1.7 percent in 2024 to over 2 percent annually during 2025–2028, supported by non-oil sector expansion. 

It forecasts Brent crude prices to climb from $60 per barrel in late 2025 to $65 in 2026–2028, with public debt falling from 36 percent of GDP in 2024 to 33 percent by 2028. Inflation is expected to average 1.5 percent, government net assets to remain at 8 percent, and non-oil growth to hold at 2.9 percent annually.  

S&P also noted a small fiscal deficit of 0.5 percent of GDP in 2025, moving to a balanced budget by 2026, with an average current account deficit of 1.9 percent of GDP. 


Elected US officials slam political silence over Gaza

Elected US officials slam political silence over Gaza
Updated 28 September 2025

Elected US officials slam political silence over Gaza

Elected US officials slam political silence over Gaza
  • California congressman, Michigan’s lieutenant governor address ADC convention attended by Arab News
  • Garlin Gilchrist: Israel ‘is committing a genocide. This isn’t a matter of opinion. It’s a matter of fact’

DEARBORN: Two elected American officials on Saturday criticized political silence in the US regarding Israel’s genocide in Gaza despite growing public anger.

California Congressman Ro Khanna and Garlin Gilchrist II, Michigan’s lieutenant governor, addressed the American-Arab Anti-Discrimination Committee convention in Dearborn, which was attended by Arab News.

Khanna said more and more of his fellow Democrats, and even Republicans, have broken with their traditional party stance of supporting Israel.

He asked: “How can you be a Democrat in Congress and not believe that it’s time for the US to recognize Palestinian aspirations” when Israel’s government is “erasing Palestinian identity” and considering annexing the West Bank?

Khanna criticized Republicans and Democrats for turning a blind eye in exchange for millions in pro-Israel campaign donations.

“You have four out of the five permanent (UN) Security Council members, over a 150 countries calling for the recognition of a Palestinian state, and somehow the US isn’t,” he said.

“And they’re saying I don’t have moral clarity. They’re blind. They’re making us on the side of the pariah in world opinion,” he added.

Gilchrist said he is not afraid to call Israel’s brutality in Gaza what it is. “The Netanyahu government is committing a genocide. This isn’t a matter of opinion. It’s a matter of fact. This has been established by the global leaders who study genocide,” he added.

“This isn’t something we should support. American taxpayer dollars shouldn’t fund 
 weapons of war while children are starving,” Gilchrist said to a standing ovation.

“Our medical resources are being blocked to civilians while many innocent families are being oppressed 
 Candidates shouldn’t accept money from those who support the genocide. That’s why, as a candidate for governor of Michigan, I won’t accept money from AIPAC (the American Israel Public Affairs Committee).

“I respect all people, their human dignity, everyone’s God-given right to be safe, the right to a future not cut short by violence, hunger or war, the right to a roof over your head, clothes on your back and food in your belly.

“I see a future where these rights are protected and guaranteed in Michigan and around the globe.”

Acknowledging that many relatives of victims in Gaza live in the Greater Detroit region, he noted: “You see, in Michigan, too many people are hurt.”

Gilchrist — who has served as the state’s 64th lieutenant governor since 2019, and is among three candidates in the August 2026 Democratic primary election contest — received a lengthy standing ovation when he declared: “It’s wrong 
 to vilify Arabs and Muslims. 
 As governor, I won’t stand for it.”

During a banquet celebrating ADC’s 45th anniversary, awards were presented to several activists and speakers for their courage in defending Arab rights.

Among them were two doctors, Mohammed Mustafa and Mohammed Tahir, who worked to save hundreds of lives in Gaza. 

They spoke about the horrors of the injuries they witnessed to the elderly, to women, and to children as young as infants.

Panels included discussions on the impact of social media on swinging US public opinion away from Israel, and how platform owners are trying to censor posts to protect Israel by using computer algorithms and keywords. 

Dr. Abdul El-Sayed, former director for the Department of Health, Human and Veterans Services for Wayne County, discussed his candidacy for Michigan’s US Senate race in next year’s Democratic primary contest.

There were also discussions about student protests and campaigns to reverse laws adopted by 36 US states against the Boycott, Divestment and Sanctions movement.


Pakistan says bilateral trade with Central Asia, Afghanistan rose to $2.4 billion in FY25

Pakistan says bilateral trade with Central Asia, Afghanistan rose to $2.4 billion in FY25
Updated 28 September 2025

Pakistan says bilateral trade with Central Asia, Afghanistan rose to $2.4 billion in FY25

Pakistan says bilateral trade with Central Asia, Afghanistan rose to $2.4 billion in FY25
  • Pakistan’s bilateral trade with Central Asian states, Afghanistan was recorded at $1.92 in FY24, says state media 
  • Afghanistan remains Pakistan’s largest trading partner in region, with exports rising to $1.39 billion last fiscal year

ISLAMABAD: Pakistan’s bilateral trade with Central Asian states and Afghanistan increased to $2.41 billion during the last fiscal year, state-run Associated Press of Pakistan (APP) reported this week, citing the need for Islamabad to enhance regional connectivity for greater economic stability. 

Pakistan has undertaken steps in recent months to boost regional connectivity and trade links with Central Asian states and Afghanistan. Prime Minister Shehbaz Sharif visited Azerbaijan and Tajikistan this year as Islamabad attempts to build trade corridors to ensure sustainable economic growth. 

Islamabad has also called for peace and stability in Afghanistan, stressing that law and order in the neighboring country will help regional trade flourish.

“Pakistan’s bilateral trade with Central Asian states, along with Afghanistan and Azerbaijan, surged to $2.41 billion in FY25, showing a sharp increase from $1.92 billion in the previous fiscal year,” the APP reported on Saturday. 

It said Pakistan’s exports to these countries surged to $1.77 billion while imports were recorded at $641 million. The state media said these numbers reflect a “clear recovery” from FY24, when exports were recorded at $1.34 billion and imports reached $581 million. 

“Afghanistan continues to dominate as Pakistan’s largest trading partner in the region, with exports rising to $1.39 billion and imports reaching $612.5 million,” the report said. 

It said Kazakhstan has also emerged as “a significant partner,” with exports from Pakistan increasing to $250.8 million. Uzbekistan followed with $91.4 million in exports and $20.3 million in imports in FY25.

Other countries such as Kyrgyzstan, Tajikistan, Turkmenistan and Azerbaijan maintained “smaller yet consistent shares” in bilateral trade, the state media said. 

“The regional trade context highlights enormous untapped potential. Central Asian countries managed a massive $318.01 billion in global trade during FY24, yet Pakistan’s share in this remains under $0.5 billion,” the report said. 

It said the Pakistan-Central Asia transit trade stood at $410 million in fiscal year 2025, signaling growing reliance on Pakistan’s corridors for regional connectivity.

“Experts underline that while the current trade growth is encouraging, Pakistan’s real opportunity lies in establishing direct connectivity and strategic trade routes with the Central Asian bloc,” the report concluded. 

Ever since it almost defaulted on its loans in June 2023, Pakistan has sought to establish closer economic ties with regional countries. Sharif established the Special Investment Facilitation Council (SIFC) in 2023 to fast-track decisions related to investment in priority sectors such as IT, minerals, agriculture, livestock and tourism, among others.