黑料社区

Syria nets $28bn in investments this year, president tells FII

Syria nets $28bn in investments this year, president tells FII
Syrian President Ahmad Al-Sharaa took part in a session at the FII conference in Riyadh. (Syrian presidency)
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Updated 15 sec ago

Syria nets $28bn in investments this year, president tells FII

Syria nets $28bn in investments this year, president tells FII
  • Ahmad Al-Sharaa tells session in Riyadh he wants to rebuild Syria by investments
  • Crown Prince Mohammed bin Salman attended the talk

RIYADH: Syria has attracted overseas investment totaling around $28 billion so far this year, President Ahmad Al-Sharaa said on Wednesday at the Future Investment Initiative (FII) in Riyadh.
Sharaa said in a session attended by 黑料社区鈥檚 Crown Prince Mohammed bin Salman that Syrian laws have been amended to allow foreign investors to transfer funds out of the country.
鈥淲e want to rebuild Syria via investments,鈥 Al-Sharaa said, adding the world can benefit from it as a 鈥渢rade corridor.鈥
Al-Sharaa led opposition fighters to overthrow Bashar Al-Assad late last year, bringing an end to 14 years of civil war.
Al-Sharaa has conducted a series of foreign trips as his transitional government seeks to re-establish Syria鈥檚 ties with world powers that shunned Damascus during Assad鈥檚 rule.
In May, Riyadh hosted a historic meeting between Crown Prince Mohammed bin Salman, Al-Sharaa and US President Donald Trump, who praised Al-Sharaa and said Washington would lift all sanctions on Syria to help give the country a chance to rebuild.
Despite Trump鈥檚 pledge and widespread exemptions now granted to Syria, the toughest sanctions 鈥 known as the Caesar sanctions 鈥 require a repeal from the US Congress.
US lawmakers have been divided on the issue, but are expected to make a decision by the end of the year.
While Syria has already drawn international interest in major development projects, a full repeal is expected to trigger increased appetite for investments.
In August, Syria signed 12 investment deals worth $14 billion, including infrastructure, transportation and real estate projects aimed at reviving the war-damaged economy.
A World Bank report predicted the cost of Syria鈥檚 reconstruction at $216 billion, saying the figure was a 鈥渃onservative best estimate.鈥


Libya鈥檚 Sirte Co. restarts methanol II plant after more than 7 years, NOC says

Updated 25 sec ago

Libya鈥檚 Sirte Co. restarts methanol II plant after more than 7 years, NOC says

Libya鈥檚 Sirte Co. restarts methanol II plant after more than 7 years, NOC says
The plant can produce 670 metric tons of methanol a day
Sirte is a subsidiary of NOC

TRIPOLI: Libya鈥檚 Sirte Oil and Gas Company has restarted its second methanol plant after more than seven years, the country鈥檚 National Oil Corp. (NOC) said in a statement on Wednesday.
The plant can produce 670 metric tons of methanol a day, an oil sector source told Reuters by phone.
Sirte is a subsidiary of NOC. Its first methanol plant, which was reopened in 2023 after years of shutdown, has a production capacity of 600 metric tons a day, according to the NOC website.
NOC said the second plant鈥檚 resumption was a 鈥渟ignificant step鈥 that enhances Sirte鈥檚 production capabilities and diversifies its products.
It added that the company鈥檚 oil production has reached 114,000 barrels per day.

Egyptian and Sudanese foreign ministers discuss security developments in El-Fasher

Egyptian and Sudanese foreign ministers discuss security developments in El-Fasher
Updated 8 min 9 sec ago

Egyptian and Sudanese foreign ministers discuss security developments in El-Fasher

Egyptian and Sudanese foreign ministers discuss security developments in El-Fasher
  • Egyptian Foreign Minister Badr Abdelatty highlighted that Sudan鈥檚 security is crucial for the region鈥檚 overall stability
  • The paramilitary Rapid Support Forces have recently captured the key city of El-Fasher, which the EU has accused of targeting civilians

LONDON: Egyptian Foreign Minister Badr Abdelatty discussed recent developments in the Sudanese city of El-Fasher, focusing on humanitarian and security issues, with his Sudanese counterpart Mohieddin Salem on Wednesday.

Abdelatty emphasized Egypt鈥檚 strong support for the Sudanese people and its commitment to achieving stability and peace in Sudan. He noted Egypt鈥檚 active role in efforts to secure a ceasefire and establish a humanitarian truce to provide assistance and reduce civilian suffering.

He highlighted that Sudan鈥檚 security is crucial for the region鈥檚 overall stability, and Egypt is committed to Sudan鈥檚 unity, sovereignty and stability.

The paramilitary Rapid Support Forces have recently captured El-Fasher, the capital city of North Darfur, which the EU has accused of targeting civilians and aid workers in the region. The RSF has been engaged in a deadly conflict with the army since April 2023.

The two ministers also discussed commercial and investment cooperation, as well as infrastructure rehabilitation. Egypt is prepared to enhance support in the electricity, water, health and education sectors for the Sudanese people, Abdelatty said.

The meeting highlighted water security, focusing on the need for unity between the two Nile estuary countries and full compliance with international law in the eastern Nile basin.


UN says deaths in fresh strikes on Gaza 鈥榓ppalling鈥

UN says deaths in fresh strikes on Gaza 鈥榓ppalling鈥
Updated 14 min 24 sec ago

UN says deaths in fresh strikes on Gaza 鈥榓ppalling鈥

UN says deaths in fresh strikes on Gaza 鈥榓ppalling鈥
  • Rights chief Volker Turk says attacks reportedly hit schools, homes and tents for housing displaced people
  • More than 100 Palestinians killed overnight in wave of Israeli airstrikes

GENEVA: The United Nations on Wednesday called the deaths in Israel鈥檚 new military strikes on Gaza 鈥渁ppalling,鈥 as it urged all sides not to let peace 鈥渟lip from our grasp.鈥
Israel said it had carried out strikes on dozens of Hamas targets following the death of a soldier, with the Gaza Strip experiencing its deadliest night of bombing since a US-brokered truce went into effect earlier in October.
UN rights chief Volker Turk said the attacks had reportedly hit schools, homes and tents for internally displaced people within the Palestinian territory.
鈥淩eports that over 100 Palestinians were killed overnight in a wave of Israeli airstrikes mainly on residential buildings, IDP tents and schools across the Gaza Strip, following the death of an Israeli soldier, are appalling,鈥 he said in a statement.
鈥淭he laws of war are very clear on the paramount importance of protecting civilians and civilian infrastructure.鈥
Turk said Israel must comply with its obligations under international humanitarian law, and would be accountable for any violations.
鈥淚t is distressing that these killings occurred just as the long-suffering population of Gaza started to feel there was hope that the unrelenting barrage of violence may be at an end,鈥 he said.
Turk called for all parties in the conflict to act in good faith and implement the ceasefire, and urged other countries, particularly those with influence in the region, to do everything in their power to ensure compliance.
鈥淭he past two years have brought untold suffering and misery, and the near wholesale destruction of Gaza,鈥 he said.
鈥淲e must not allow this opportunity for peace and a path toward a more just and secure future to slip from our grasp.鈥


MSF ordered to leave Libya by November 9

MSF ordered to leave Libya by November 9
Updated 14 min 58 sec ago

MSF ordered to leave Libya by November 9

MSF ordered to leave Libya by November 9
  • MSF had already been forced to suspend its activities in the country in March
  • 鈥淣o reason has been given to justify our expulsion and the process remains unclear,鈥 Purbrick said

GENEVA: The medical charity Doctors Without Borders (MSF) said Wednesday it had been ordered to leave Libya by November 9, with no reason given for its expulsion.
MSF had already been forced to suspend its activities in the country in March, and said it was told to leave in a recent letter from the Libyan foreign ministry.
鈥淣o reason has been given to justify our expulsion and the process remains unclear,鈥 Steve Purbrick, who heads MSF鈥檚 programs in Libya, said in a statement.
鈥淲e believe that MSF still has an important role to play in Libya, particularly in the diagnosis and treatment of tuberculosis, in supporting the Libyan health system, but also in providing access to health care for refugees and migrants who are excluded from care and subject to arbitrary detention and serious violence,鈥 he said.
Purbrick said MSF鈥檚 registration with the UN-recognized government remained valid, and the Geneva-based organization still hoped to find a 鈥減ositive solution鈥 to the situation.
MSF said that in collaboration with the Libyan health authorities, it had carried out more than 15,000 medical consultations last year.
In 2023 it provided emergency medical aid following flash floods in the coastal city of Derna that killed thousands of people.
Libya is split between the UN-recognized government in Tripoli, led by Prime Minister Abdulhamid Dbeibah, and a rival administration in the east.
The north African country has remained divided since a NATO-backed revolt toppled and killed longtime leader Muammar Qaddafi in 2011.
In March, MSF鈥檚 premises were closed by Libya鈥檚 Internal Security Agency, and several of its staff faced 鈥渋nterrogation,鈥 it said.
鈥淭his wave of repression also affected nine other humanitarian organizations operating in the west of the country,鈥 said MSF.
鈥淚n a context of increasing obstruction of NGO intervention, drastic cuts in international aid funding, and the reinforcement of European border policies in collaboration with the Libyan authorities, there are now no international NGOs providing medical care to refugees and migrants in western Libya,鈥 it said.
Founded in 1971, MSF says it has more than 67,000 staff working in more than 70 countries.


Building collapse in Turkiye kills 2 children. Search is ongoing to find parents

Building collapse in Turkiye kills 2 children. Search is ongoing to find parents
Updated 34 min 11 sec ago

Building collapse in Turkiye kills 2 children. Search is ongoing to find parents

Building collapse in Turkiye kills 2 children. Search is ongoing to find parents
  • TRT said first responders were still looking for the parents and that 627 rescuers were deployed on-site
  • The cause of the collapse was currently unknown

ISTANBUL: A seven-story apartment building in Turkiye鈥檚 northwestern city of Gebze collapsed early Wednesday, trapping a family of five under the rubble and killing two of them
State-run TRT news channel identified them as a man, 43, a woman, 37, and their three children. Deputy Interior Minister Mehmet Aktas told reporters that Dilara Bilir, 18, was successfully rescued.
Authorities recovered earlier the bodies of her younger sister, Hayrunnisa, 14, and brother, Muhammed Emir, 12.
TRT said first responders were still looking for the parents and that 627 rescuers were deployed on-site.
While state-run Anadolu Agency stated the cause of the collapse was currently unknown, Mayor of Gebze Zinnur B眉y眉kg枚z, speaking to local media, suggested it might be related to nearby metro construction.
Gebze also lies along the north Anatolian fault line and was one of the main centers hit during 1999鈥檚 magnitude 7.6 earthquake, which killed an estimated 18,000 people in total.
Experts have long warned that Turkiye鈥檚 failure to enforce modern construction codes poses significant risks in earthquake-prone areas.
In January, the collapse of a four-story building in Konya led to two deaths. Shopkeepers who rented the ground floor are currently on trial to determine whether they dismantled supporting columns for more space, a common practice despite severe penalties. They could face up to 22 years in prison if convicted.