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Press releases published on August 26, 2025
Egyptian President, UAE Leader Hold Talks in Egypt
MENAFN
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August 26, 2025
(MENAFN) Egyptian President Abdel Fattah al-Sisi welcomed his counterpart, Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, on Monday evening in the northern Egyptian city of New Alamein. Sheikh Mohammed's visit comes after he …
Global markets decline sharply following Trump’s threating of tariffs on China
MENAFN
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August 26, 2025
(MENAFN) Global financial markets moved lower on Tuesday after US President Donald Trump removed Federal Reserve Governor Lisa Cook and signaled new tariffs targeting China. Trump announced Monday that Cook had been dismissed from her role over allegations …
India finishes testing fresh air defense systems
MENAFN
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August 26, 2025
(MENAFN) India has completed a successful trial of its new integrated air defense system, intercepting and destroying three targets at different altitudes and distances, according to the Defense Ministry. The tests follow Prime Minister Narendra Modi’s …
North Korea Rebukes U.S.-South Korea Joint Exercise
MENAFN
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August 26, 2025
(MENAFN) Pyongyang has sharply criticized the joint war games conducted by the United States and South Korea, calling them a destabilizing threat to regional security. In a statement released by media on Tuesday, Kim Yong Bok, the first vice-chief of the …
Dust Storm Sets Off Havoc in U.S. Phoenix
MENAFN
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August 26, 2025
(MENAFN) A powerful dust storm wreaked havoc across parts of metro Phoenix, Arizona, on Monday evening, triggering severe thunderstorms, widespread damage, fallen trees, and power outages. The dust storm, identified as a haboob by meteorologists, …
Musk’s X, xAI File Lawsuit Against Apple, OpenAI
MENAFN
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August 26, 2025
(MENAFN) Billionaire entrepreneur Elon Musk’s two companies—his social media platform X and the artificial intelligence venture xAI—have initiated legal action against Apple and OpenAI. The lawsuit, submitted on Monday, accuses the tech giants of engaging …
Erdogan releases message in honor of victory week
MENAFN
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August 26, 2025
(MENAFN) Turkish President Recep Tayyip Erdogan marked Victory Week on Monday, describing it as “one of the most important symbols of our nation's determined struggle, sacrifice, and love for the homeland in the path to independence.” In a statement issued …
Russian swimmer disappears after not reaching finish line in Cross-Continental Swimming Race
MENAFN
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August 26, 2025
(MENAFN) Russian swimmer Nikolay Svechnikov, 29, went missing after failing to complete the 37th Istanbul Cross-Continental Swimming Race, according to the Russian Consulate General on Monday. The 6.5-kilometer race across the Istanbul Strait, organized by …
Finnish President Says EU Nations Could Restore Russia Ties
MENAFN
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August 26, 2025
(MENAFN) European Union countries could eventually seek to restore relations with Russia "in one form or another" once the conflict in Ukraine is resolved, Finnish President Alexander Stubb stated on Monday. However, he emphasized that any future …
Doctors warn of psychological trauma of aftermath of Pakistan’s floods
MENAFN
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August 26, 2025
(MENAFN) Continuous heavy rains and severe flooding in northern Pakistan have caused extensive damage to infrastructure and farmlands, destroying hundreds of homes, roads, and bridges, while also sweeping away livestock. Now, the affected communities face …
Lavrov states Russia isn’t motivated by territory
MENAFN
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August 26, 2025
World and Middle East business and financial news, Stocks, Currencies, Market Data, Research, Weather and other data.
Turkey’s AJet is scheduled to start flying to Georgia's capital
MENAFN
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August 26, 2025
(MENAFN) Türkiye’s budget carrier AJet, a subsidiary of Turkish Airlines, is set to begin flights connecting Ankara with Georgia’s capital, Tbilisi, starting October 1. The service will operate four times a week, with ticket sales commencing Tuesday, …
Venezuela announces deployment of thousands of troops to Colombia’s border
MENAFN
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August 26, 2025
(MENAFN) Venezuela announced on Monday that 15,000 troops will be deployed to its western Zulia and Tachira states along the Colombian border. Interior Minister Diosdado Cabello said the operation aims to "ensure peace" and target criminal groups, …
Trump Issues Warning in Response to Digital Tax Policies
MENAFN
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August 26, 2025
(MENAFN) U.S. President Donald Trump issued a stern warning on Monday, declaring his intent to enforce broad new tariffs and export limitations on nations that implement digital services taxes. He argued that such tax measures are unfairly directed at …
Egypt, Iran Foreign Ministers Discuss Ties, Nuclear Talks
MENAFN
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August 26, 2025
(MENAFN) On Monday, the foreign ministers of Egypt and Iran convened in Jeddah, Saudi Arabia, to discuss strengthening ties, addressing regional issues, and Tehran's controversial nuclear program. The meeting took place on the sidelines of an emergency …
Gaza Bleeds: Israeli Horrendous Assaults Kill Over 62,800 Palestinians
MENAFN
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August 26, 2025
(MENAFN) At least 62,819 Palestinians have lost their lives since Israel resumed its violent assault on the Gaza Strip in October 2023, according to a statement from the Health Ministry on Tuesday. The Ministry disclosed that 75 individuals were killed and …
Pakistan, Bangladesh ink six collaboration deals
MENAFN
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August 26, 2025
(MENAFN) Pakistan and Bangladesh have inked six agreements aimed at deepening cooperation between the two South Asian neighbors. The accords, which include visa-free travel for diplomats and government officials, were finalized during the visit of Pakistan …
Turkey’s benchmark stock index opens with all-time high record
MENAFN
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August 26, 2025
(MENAFN) Türkiye’s main stock index kicked off Tuesday at a new record level of 11,489.07 points, marking a modest increase of 0.1%, or 11.27 points, compared with the previous session. On Monday, the BIST 100 climbed 0.93% to reach its prior record of 11, …
Global Stock Markets Drop After Trump’s Tariff Threats, Fed Governor Dismissal
MENAFN
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August 26, 2025
(MENAFN) Global stock markets slid into the red on Tuesday following a series of provocative statements from US President Donald Trump, which included the dismissal of Federal Reserve Governor Lisa Cook and new threats of tariffs targeting China. In a …
Musk’s companies claim Apple, OpenAI "colluded" to maintain dominance in their markets, file lawsuit
MENAFN
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August 26, 2025
(MENAFN) Elon Musk’s social media platform X and AI startup xAI filed a lawsuit on Monday against Apple and OpenAI, alleging an "anticompetitive scheme" designed to block rivals in the artificial intelligence space. The complaint, filed in the US District …