Saudi Arabia
August 4, 2025 — MHP, an international food and agritech company, officially closed the agreement to acquire over 92% of the share capital of Grupo UVESA, one of the leaders in poultry and pork production in Spain with a vertically integrated structure.
Plastic production has increased more than 200-fold since 1950, causing illness and death, and inflicting at least $1. 5 trillion in damage annually. Negotiations for a global treaty to limit plastic production are accompanied by deep disagreements between countries.
New Zealand is introducing a fee of up to 40 New Zealand dollars for foreign tourists to visit popular sites. This is expected to generate 62 million New Zealand dollars annually, which will be invested in these facilities.
In Saudi Arabia, a bracket with a rotating wheel broke off from the "360 Degrees" amusement ride. 23 people were injured, three sustained serious injuries.
France and 14 other states signed a joint statement calling on the world to recognize the Palestinian state. This happened after a conference in New York aimed at reviving the two-state solution.
The UN conference in New York concluded with a call from 17 countries for an end to Hamas's rule in the Gaza Strip. The signatories condemned the attacks by Hamas and Israel, demanding the withdrawal of Israeli troops and a halt to settlement construction.
Saudi Foreign Minister Prince Faisal bin Farhan stated that normalization of relations with Israel is only possible after the creation of a Palestinian state. According to him, lasting peace in the region can only be achieved after the rights of the Palestinian people are taken into account.
French President Emmanuel Macron announced that France would recognize a Palestinian state in September, becoming the first Western member of the UN Security Council to do so. This move came after Great Britain and Canada refused to join the initiative due to their unwillingness to anger the United States.
On Monday, a Bangladesh Air Force F-7 BGI training aircraft crashed on the grounds of a college and school in Dhaka, killing at least 19 people and hospitalizing over 100 with burns. The incident occurred at Milestone School and College, and the interim government of Bangladesh promises to investigate the causes of the crash.
Prince Al-Waleed bin Khalid bin Talal bin Abdulaziz Al Saud, known as the "Sleeping Prince," has died at the age of 36. He had been in a coma for almost 20 years following a car accident in London in 2005.
Oil prices rose by more than 2% due to expectations of new US sanctions against Russia. Increased production by Saudi Arabia and uncertainty with tariffs limit price growth.
Oil prices rose after Trump's statement about possible sanctions against Russia, but fears about tariffs and increased OPEC+ production limited the growth. Brent and WTI futures rose, partially recovering from the fall.
Lionel Messi became the first player in MLS history to score two goals in four consecutive matches. His brace brought Inter Miami a 2-1 victory over New England Revolution.
Saudi Arabian Crown Prince Mohammed bin Salman met with Iranian Foreign Minister Abbas Araghchi. This is the first visit of a high-ranking Iranian official to the Persian Gulf country after Israel's war with Tehran.
OPEC+ countries plan to approve a significant increase in oil production in September, completing the phased unwinding of voluntary cuts. The United Arab Emirates will also receive a larger production quota.
The reigning Asian champion Al-Ahli is interested in signing Lionel Messi after the expiration of his contract with Inter Miami. A possible transfer could rekindle the Messi-Ronaldo rivalry in the Saudi league.
Donald Trump announced the introduction of an additional 10% tariffs on countries that join BRICS' "anti-American policies. " This announcement came amid the BRICS summit in Brazil, where the group criticized US tariff policies.
Oil prices fell after OPEC+ increased production by 548,000 barrels per day in August, exceeding expectations. Uncertainty regarding US tariffs also affected demand.
The production of Eurofighter Typhoon fighter jets in the United Kingdom has practically ceased due to a lack of new orders. This raises concerns about the loss of critical aerospace industry skills and affects the country's participation in the Global Combat Air Programme.
OPEC+ countries decided to accelerate the increase in oil production in August by 548 thousand barrels per day. Eight participating countries, including Saudi Arabia and Russia, confirmed their commitment to compensation and compliance with the Declaration of Cooperation.
French President Emmanuel Macron held a telephone conversation with US President Donald Trump, discussing the situation in Ukraine. This happened on the same day that Trump spoke with Vladimir Putin.
Brent and WTI oil prices fell amid Iran's reaffirmation of commitment to nuclear non-proliferation and expectations of increased OPEC+ production. The US plans to resume nuclear talks with Iran next week.
Analysts predict global tourism spending to grow from $5 trillion in 2024 to $15 trillion in 2040. Developing countries, primarily China, India, and Saudi Arabia, will be the main drivers of this growth.
Oil prices were unchanged as markets analyzed the expected increase in supplies from producers next month and a weak US dollar. US oil inventories rose by 680,000 barrels, despite summer seasonal demand.
Germany summoned Iran's ambassador to the Ministry of Foreign Affairs due to the detention of a Danish citizen who was collecting information about Jewish sites in Berlin for the IRGC. The suspect photographed buildings, including the office of the German-Israeli Society, and was extradited from Denmark.
Donald Trump said that Israel agreed to a 60-day ceasefire, hoping for an end to the war. He urged Hamas to accept the peace proposal conveyed by Qatar and Egypt.
From July 1, Ukrainians abroad can submit documents for notarial acts online through the "e-Consul" system. This innovation simplifies the process, allowing citizens to upload necessary data and certificates without a physical visit to diplomatic missions until the last step.
Syria will insist on the withdrawal of Israeli troops from the Golan Heights, regardless of future peace agreements. Israel doubts that Syrian leader al-Sharaa would agree to any deal without this withdrawal.
The Ministry of Foreign Affairs of Ukraine urges citizens to carefully weigh the risks when planning trips across the countries of the Middle East and the Arabian Peninsula. Ukrainians who are in these regions are advised to follow the instructions of local law enforcement agencies.
North American and European airlines canceled flights to the Persian Gulf after US strikes on Iran, which led to the closure of airspace and increased security concerns. This forces carriers to redirect or cancel flights, increasing costs and affecting the region's aviation hub.