announced

Russia Announces Daily 3-hour Ceasefire in Aleppo for Aid Delivery

Moscow - Arab Today

The Russian Defense Ministry announced Wednesday that it would halt airstrikes around the northwestern Syrian city of Aleppo for three hours each day to allow humanitarian convoys into the ravaged city. "To guarantee total security for the convoys to Aleppo, there will be humanitarian windows established from 10 am to 01 pm local time starting tomorrow (Thursday) during which allRead more

Kuwait Fund for Economic Development: 21% of Loans Dedicated to Agriculture

Kuwait - QNA

Kuwait Fund for Arab Economic Development (KFAED) announced that 21% of its total loans were used to develop 197 agricultural projects worth KD 969 million until end of 2015. The fund focused on agricultural projects due to their high economic and social outcome, said KFAED in a study published by Kuwait News Agency (KUNA) on Wednesday, adding that 40% ofRead more

Kuveyt Turk Bank Posts USD 85m Net Profit in Q1

Ankara - QNA

Istanbul-based participation Kuveyt Turk bank announced net profits of USD 85 million for the first quarter of 2016, an increase of 24.4%, compared with the same period of 2015. The CEO of the bank Ufuk Uyan said in a statement that the bank's total assets reached USD 15 billion, up 4.9% since the end of 2015, meanwhile shareholder equity reachedRead more

Bastian Schweinsteiger Retires From International Football

Berlin - Arab Today

Germany captain Bastian Schweinsteiger announced he was retiring from international football on Friday after 120 appearances for the national team. His last game was the 2-0 semi-final defeat by France at Euro 2016 this month where the 31-year-old conceded a penalty, German news agency reported "I have asked the coach not to consider me for the national team in futureRead more

Indonesian President Announces Cabinet Reshuffle

Jakarta - Arab Today

Indonesian President Joko Widodo announced his second cabinet reshuffles at the State Palace on Wednesday as he aims to speed up economic growth and get more support of political parties. Most of the reshuffle was conducted on economic posts as the government is gearing up a huge influx of capital repatriation and aims at accelerating the implementation of massive economicRead more

Russia Announces 48-Hour Ceasefire in Aleppo

Moscow - Arab Today

Russia's Defence Ministry announced on Wednesday that a ceasefire has been introduced in Syria's Aleppo for two days, beginning on Thursday (16 June). The defence ministry's statement said, "On Russia's initiative, a 'regime of silence' has been introduced in Aleppo for 48 hours from 00:01 16 June (2100 GMT Wednesday) with the goal of lowering the level of armed violenceRead more

Afghan Taliban announce successor to Mullah Mansour

Kabul - Arab Today

The Afghan Taliban have announced a new leader to replace Mullah Akhtar Mansour who was killed in a US drone strike. In a statement, the Taliban acknowledged Mansour's death for the first time and named his successor as Mawlawi Haibatullah Akhundzada, the BBC reported. Little is known of the direction he will take the militants but analysts say he isRead more

parliament speaker announces names of panel members to quiz MP over insults

Cairo - Arab Today

Speaker of the House of Representatives Ali Abdel Aal announced the names of members a special committee formed to interrogate MP Samir Ghattas over insulting the parliament. The parliament agreed Monday to form the special committee to investigate with the lawmaker over allegedly insulting the parliament and writing opinion articles offending the speaker and other lawmakers, Abdel Aal said. TheRead more

Brazil's largest party quits government

Brasilia - Arab Today

Brazil's largest party announced it was leaving President Dilma Rousseff's governing coalition and pulling its members from her government, a departure that sharply raises the odds she could be impeached in a matter of months. The Brazilian Democratic Movement Party (PMDB) took just a few minutes to decide unanimously in a packed leadership meeting that its six ministers in Rousseff'sRead more