In Gaza, the Israeli military has confirmed that a November 10 air strike in a Hamas tunnel likely resulted in the deaths of three hostages, including two Israeli soldiers and a French-Israeli citizen. The action occurred amidst ongoing conflict causing heavy casualties in the region.

Meanwhile, in North Africa, Moroccan authorities successfully prevented a significant migration attempt to the Spanish enclave of Ceuta on September 15, 2024. This comes as part of intensified efforts by Morocco, who has prevented 45,015 migration attempts this year, following a reconciliation with Spain.

Over in the United States, controversy brews as Republican vice presidential nominee JD Vance stands by his disputed claim about Haitian immigrants in Springfield, Ohio, despite local officials debunking it. This unfounded assertion has led to threats and school closures, highlighting the tensions within the community.

Turning to corporate news, Alcoa Corp. has announced it will sell its stakes in Ma’aden Aluminum and Bauxite operations to the Saudi Arabian Mining Co. for $150 million. This strategic move aims to strengthen their partnership and support Ma’aden's growth.

The Saudi Arabian market saw a rise with the Tadawul All Share Index climbing by 0.49 percent to close at 11,900.30, driven by top performers such as Saudi Fisheries Co. This positive movement coincides with Riyad Capital's IPO announcements and other share offerings approved by the Capital Market Authority.

Lastly, Nestle is set to break new ground in Saudi Arabia by opening its first manufacturing plant in Jeddah’s Third Industrial City by 2025. With an investment of SR270 million, this initiative aims to enhance local food production and security, as well as create numerous job opportunities.