Iranian currency hits new low against the dollar amid unrest

Tue, 2022-11-01 23:26

DUBAI/PARIS: Iran’s currency dropped to its lowest value against the dollar on Tuesday, after weeks of nationwide unrest roiling the country. A stalemate in negotiations to revive Tehran’s nuclear deal with world powers has also weighed heavily on the rial.

Traders in Tehran exchanged the rial at 338,000 to the dollar, up from 332,200 on Monday.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight curbs on Tehran’s nuclear program.

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US, UAE in clean energy partnership worth $100bn

Tue, 2022-11-01 23:05

WASHINGTON: The US announced a clean energy partnership on Tuesday with the UAE worth $100 billion, the White House said.

The Partnership for Accelerating Clean Energy will aim to develop low-emission energy sources to distribute 100 gigawatts of clean energy worldwide by 2035, White House spokeswoman Karine Jean-Pierre said in a statement.

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US woman who led female Daesh battalion gets 20 years in prison

ID: 
1667330980889815100
Tue, 2022-11-01 19:07

ALEXANDRIA, United States: An American woman who joined Daesh in Syria, leading an all-female military battalion, was sentenced to 20 years in prison by a US court Tuesday.

Allison Fluke-Ekren, 42, who grew up on a farm in Kansas, was sentenced in federal court in Alexandria, Virginia, after pleading guilty to providing material support to a terrorist organization.

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21st edition of Jordan Economic Forum conference kicks off

Tue, 2022-11-01 21:57

AMMAN: The 21st edition of the Jordanian Economic Forum conference kicked off Tuesday under the theme “International Investment and Fintech,” the Jordan News Agency reported.

The forum is an economic platform that continuously monitors the major macroeconomic and microeconomic indicators that affect Jordan’s competitiveness and economic growth in a collaborative environment between the public and private sectors. 

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UN refugee agency launches architectural design competition for Kuwaiti students

Tue, 2022-11-01 00:28

KUWAIT: The United Nations High Commissioner for Refugees has launched the first architectural design competition for Kuwaiti students to help create a refugee shelter in Bangladesh.

The competition has been launched with the College of Architecture at Kuwait University, the Kuwait Fund for Arab Economic Development, and the Arab Engineering Consultants Office, the Kuwait News Agency reported.

Nisreen Rebeyan, UNHCR’s representative in Kuwait, said that the initiative is an opportunity to raise awareness of humanitarian needs.

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