Saudi Press

Saudi Arabia and the world
Tuesday, Nov 19, 2024

Palestinian Rights Group Challenges UK's F-35 Exports to Israel Amid Global Arms Debate

Palestinian rights group challenges UK's F-35 jet exports to Israel in London's High Court, with a full hearing set for 2025 amid rising global arms export tensions.
Starting with a legal battle, a Palestinian rights group, Al-Haq, has filed a case in London's High Court challenging the UK's export of F-35 jet parts to Israel, concerned these could be used unlawfully in Gaza. This case continues amid the backdrop of international tensions over arms exports and is set for a full hearing in 2025.

Meanwhile, at the COP29 summit, the UN is making a significant push for a $1 trillion climate fund for developing countries, urging G20 leaders in Brazil to act swiftly. The fund aims to address climate impacts, highlighting the urgency for collaborative efforts as these nations contribute to 80% of global emissions.

In another part of the world, tragedy struck Borno state in Nigeria, where an attack by ISWAP militants on a military base resulted in the deaths of five soldiers and injuries to ten others. The ongoing conflict reflects a challenging security situation as military vehicles were seized and several were set ablaze.

Switching to economic news, Dubai's inflation rate has hit a 14-month low of 2.4 percent in October, largely due to a decrease in transport costs. This decline is part of a broader strategy to stabilize prices amid global pressures, demonstrating Dubai's resilience through its diverse economy.

In contrast, Saudi Arabia's crude exports have surged by 23 percent to the highest in almost two years, driven by international demand despite lower domestic consumption. The country's efforts to diversify its energy mix align with its Vision 2030 goals, adapting to seasonal shifts and broadening its energy portfolio.

Finally, Saudi Arabia is looking to strengthen its global business ties as a delegation visits Poland and Slovakia, aiming to forge new trade alliances and investment opportunities. High-level meetings are set to expand partnerships and support trade growth, underscoring a strategic focus on international collaborations.
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