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Ukraine is slated to receive its much-anticipated fleet of F-16 fighter jets this summer. AdvertisementThe long-awaited delivery of F-16s to Ukraine is on the horizon, and these advanced American-made fighter jets can't come soon enough for its forces. The fighter jets are expected to arrive at some point this summer, reportedly as early as June. Romanian air force F-16 fighter planes fly above the Baza 86 military air base, outside Fetesti, Romania, Monday, Nov. 13, 2023. US Air Force F-16's stand ready with bombs loaded to take off during the first daylight attack to liberate Kuwait in 1991.
Persons: , Falcon, SAMs, Alexandru, Egypt —, John Baum, Russia —, Baum, KIRILL KUDRYAVTSEV Russia's, Tannehill, Volodymyr Zelenskyy, Mark Rutte, Peter Dejong Organizations: Service, Russia's, Rygge Air Force Base, OLE BERG, Getty, NATO, Kyiv, Israeli Air Force, AP, US Air Force, Operation, Allied Force, Yugoslavia, Air Force, Defense Technical Information, Reuters, Storm, Russia, Mitchell Institute for Aerospace Studies, US Navy, SA, Russian, AIM, INA Locations: Ukraine, Balkans, Kyiv, Romania, Norway, AFP, — Belgium, Denmark, Netherlands, Europe, Lebanon's, Israel, Yom, Romanian, Fetesti, Storm, Iraq, Pakistan, Turkey, Egypt, Afghanistan, Islamic, Kuwait, Russian, Zhukovsky, Moscow, Bekaa, East, Syria, Russia, Ukrainian, Eindhoven, Rzeszow, Jasionka, Poland, Crimean
CNN —Aya Nakamura was born in the former French colony of Mali, raised in France and is widely considered the most streamed female Francophone artist in the world. However, ahead of Paris 2024, Nakamura finds herself at the center of France’s culture wars. Aya Nakamura attends the Kenzo Menswear Fall-Winter 2023-2024 show as part of Paris Fashion Week on January 20, 2023 in Paris, France. “I think that the people who criticize her actually don’t accept that she embodies France,” French activist Rokhaya Diallo told CNN. Politicians such as Le Pen hailed the legislation as an “ideological victory” whilst French health Minister, Aurelien Rousseau resigned in protest.
Persons: Aya Nakamura, Nakamura, Edith Piaf, Piaf, , , I’m, Rachida, Kenzo, Pascal Le Segretain, Marion Maréchal, Marine Le, Rokhaya Diallo, ” Nakamura, , le, Geoffroy Van Der, Emanuel Macron, Nakamura “, Le Pen, Vincent Martigny, Thomas Samson, Marion Marechal, Emmanuel Dunand, Martigny, Diallo, Zinedine Zidane, ” Diallo, , Oliver Roy, Reynaud Julien, Macron, Aurelien Rousseau Organizations: CNN, France’s, of Culture, Rally, Blacks, Rassemblement National, Getty, Olympic Aquatics, France Inter, Science, University of Nice, National Assembly, soccer team, Paris Olympic, Le, Palais des Sports, EUI, of Transnational Governance, Twitter, APS, France, BMFTV, RMC Locations: Mali, France, French, Paris, Bamako, Europe, , Geoffroy Van Der Hasselt, AFP, Rassemblement, Ukraine, North, Carhaix
Reuters —Burkina Faso’s military in February summarily executed about 223 villagers, including at least 56 children, as part of a campaign against civilians accused of collaborating with jihadist militants, Human Rights Watch (HRW) said on Thursday. The spokesperson for the Burkina Faso government did not respond to phone calls seeking comment on the HRW report. Retaliatory attacksRights groups have previously accused the military in junta-ruled Burkina Faso of attacking and killing civilians suspected of collaborating with militants in retaliatory operations. Burkina Faso is one of several Sahel nations that have been struggling to contain Islamist insurgencies linked to al Qaeda and Islamic State that have spread from neighboring Mali since 2012, killing thousands and displacing millions. Frustrations over authorities’ failure to protect civilians have contributed to two coups in Mali, two in Burkina Faso and one in Niger since 2020.
Persons: Witnesses, HRW, Tirana Hassan, Mali’s Organizations: Reuters, Burkina, jihadist, Human Rights Watch, Ouahigouya, HRW, Facebook, Burkina Faso, Authorities, Rights Watch, Burkinabe, African Union, United Nations, Islamic Locations: Burkina Faso’s, Yatenga, Burkina Faso, Komsilga, Burkina, Nodin, Soro, al Qaeda, Islamic State, Mali, Niger
A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018. U.S. crude oil fell back below $83 a barrel on Wednesday after rallying nearly 2% in the prior session. Traders are waiting for the latest U.S. petroleum inventory data with the market's focus shifting back to supply and demand fundamentals as the threat of war between Israel and Iran has faded. Here are the latest energy prices:The U.S. Senate passed a foreign aid package that would expand sanctions against Iranian oil and target ports, vessels and refineries that knowingly accept the Islamic Republic's crude exports.
Organizations: Traders, U.S, Senate Locations: Midland, Odessa, Texas, U.S, Israel, Iran
CNN —An arms fair may contain all the trappings of war, but it is nothing like a battlefield. Nikita TeryoshinA shot of the reception at the 2016 MSPO expo, the biggest arms fair in Eastern Europe. “It was the only (arms fair I’d been to) where they were shooting real rockets over 20 kilometers (12 miles) maybe,” said Teroyshin. Fairgoers wait for a shuttle to a live demonstration site during the 2019 Army military expo held in Alabino, Russia. Forever.”) is paired with an image of three women in Islamic veils at an arms fair, one pretending to hold a rifle depicted in the poster in front of her.
Persons: , Nikita Teryoshin, , ” Teryoshin, Nikita Teryoshin “, Teryoshin, Majid, Teroyshin, Lockheed Martin, Nikita Teryoshin Teroyshin, , KAI, Nikita Teryoshin Saudi, Linda Åkerström, eyeshadow, Nikita Teryoshin Åkerström, ” Teroyshin, he’s, Åkerström, you’ll Organizations: CNN, Swedish Bofors, expos, Tiger, Kalashnikov, Lockheed, Manufacturing, ITT, Otis Defence, CTA, Elbit Systems, BAE Systems Locations: Russian, Swedish, Kielce, Poland, Lima , Peru, Belarus, France, Germany, South Korea, China, UAE, Peru, Russia, Vietnam, USA, South Africa, Lucknow, Uttar Pradesh, India, , DEFEXPO, Eastern Europe, Mali, Alabino, Abu Dhabi, Paris, Dortmund, Seoul, IDEX, Central, Western Europe, Saudi Arabia, Qatar, Australia, Ukraine
CNN —US prosecutors on Tuesday announced charges against four Iranian men for a sprawling hacking campaign that targeted US federal agencies and sensitive data held by American defense contractors. It was not immediately clear whether the departments of State or Treasury networks were successfully hacked in the campaign. In the indictment unsealed Tuesday, Hossein Harooni, Reza Kazemifar, Alireza Shafie Nasab and Komeil Baradaran Salmani were charged with wire and computer fraud, among other charges. Nasab had been charged in a previous indictment unsealed in the Southern District of New York in February. Prosecutors accused three of the men of working for a front company in Iran that purported to offer cybersecurity services.
Persons: ” Damian Williams, Hacking, Christopher Wray, Hossein Harooni, Reza Kazemifar, Shafie, Baradaran Salmani, Nasab, General Merrick Garland Organizations: CNN, US State, Treasury, Pentagon, of, Southern, State, Boston Children’s Hospital, Justice Department, Prosecutors, Treasury Department, Islamic Revolutionary Guard Corps, State Department, Iranian, United Nations Locations: Southern, of New York, US, Iran, Boston, Tehran
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. U.S. crude oil fell below $81 a barrel on Tuesday, the lowest level since March, as the market brushed off the threat of additional sanctions on Iranian oil. Here are the latest energy prices:The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports to include foreign ports, vessels and refineries that knowingly process crude from the Islamic Republic. The Senate could vote on the bill as soon as this week.
Locations: Isfahan Refinery, Iran, Isfahan, Islamic Republic
The United Nations had commissioned an independent review of the agency in January, before Israel circulated its claims, but those charges gave added significance to the inquiry, whose findings were released on Monday. The report issued a series of recommendations for the agency to protect its neutrality, but said that “Israel has yet to provide supporting evidence” for its accusation that a significant number of agency employees are members of terrorist organizations. The United Nations has fired 10 of the 12 employees accused by Israel. Ireland, which has strongly condemned Israel’s campaign in Gaza, increased aid to UNRWA as other countries were cutting it, he noted. UNRWA has argued that Israel has targeted it with a “deliberate and concerted campaign” to undermine its operations when its services are most needed.
Persons: Israel, Stéphane, António Guterres, Guterres, , Caroline Gennez, , Micheál Martin, Israel’s, Japan —, Matthew Miller, Biden, ” Mr, Miller, Benjamin Netanyahu Organizations: The United Nations, United Nations, UNRWA, United, State Department, , European Union Locations: United States, Gaza, Israel, United, Palestine, Belgium, Ireland, Australia, Canada, Japan
The review was announced in January, before Israel circulated claims that significant numbers of employees of the agency, known as UNRWA, were members of terrorist groups. Israel had also said that one in 10 UNRWA employees in Gaza was a member of Hamas or its ally, Palestinian Islamic Jihad. More than a dozen countries, including the United States, suspended funding to UNRWA in light of the allegations. It also announced an internal investigation along with the independent external review, which was made public on Monday. The review said that UNRWA had long shared lists of its employees with Israel, but that the Israeli government had not flagged any concerns about agency employees since 2011.
Persons: Israel, Catherine Colonna, Organizations: United Nations, U.N, UNRWA Locations: Israel, Gaza, New York, United States
A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf. Crude oil futures edged lower on Monday after Iran said it will not escalate the conflict with Israel. The West Texas Intermediate contract for May lost 46 cents to $82.68 a barrel, while June Brent futures fell 89 cents to $86.40 a barrel. U.S. crude oil and Brent fell 3% last week. Iranian Foreign Minister Hossein Amirabdollahian told NBC News the Islamic Republic does not plan to respond to Israel's retaliatory strike launched Friday.
Persons: Brent, Hossein Amirabdollahian, Amirabdollahian Organizations: The West Texas Intermediate, May, NBC Locations: Iranian, Iran, Israel, The, Islamic Republic
"I think the best thing would be for everybody to stay puzzled," Herzog said during an interview with Axel Springer media outlets on Sunday. Military equipment displayed at the Army Day ceremony in front of the President of Iran and high-ranking military commanders on April 17, 2024 in Tehran, Iran. The bold strike killed several high-ranking military officials, including two generals in the Islamic Revolutionary Guard Corps. AdvertisementThe incidents of the past few weeks have dragged a decades-long shadow war between Israel and Iran into broad daylight. However, Tehran has signaled that it won't retaliate over the Isfahan strike after appearing to dissociate itself from the attack.
Persons: , Isaac Herzog doesn't, Herzog, Axel Springer, ATTA KENARE, Antony Blinken, Iran's Organizations: Service, Business, Tehran's, United Nations, Getty Images, Experts, US, Army, Islamic Revolutionary Guard Corps Locations: Tehran, Iranian, Isfahan, AFP, Iran, Israel, America, Syria
Terry Anderson, the American journalist who had been the longest-held Western hostage in Lebanon when he was finally released in 1991 by Islamic militants after more than six years in captivity, died Saturday at his home in Greenwood Lake, N.Y., in the Hudson Valley. The cause was apparently complications of recent heart surgery, said his daughter, Sulome Anderson. Mr. Anderson, the Beirut bureau chief for The Associated Press, had just dropped his tennis partner, an A.P. The same car had tried to cut him off the day before as he returned to work from lunch at his seaside apartment. The militants, supported by Iran, were retaliating against Israel’s use of American weapons in earlier strikes against Muslim and Druze targets in Lebanon.
Persons: Terry Anderson, Sulome Anderson, Anderson, Reagan Organizations: Islamic, Associated Press, Benz, Islamic Jihad Organization Locations: American, Lebanon, Greenwood Lake, N.Y, Hudson, Beirut, South Lebanon, Iran, Nicaragua
For more than a decade, Israel has rehearsed, time and again, bombing and missile campaigns that would take out Iran’s nuclear production capability, much of it based around the city of Isfahan and the Natanz nuclear enrichment complex 75 miles to the north. That is not what Prime Minister Benjamin Netanyahu’s war cabinet chose to do in the predawn hours of Friday, and in interviews, analysts and nuclear experts said the decision was telling. Israel said almost nothing about the limited strike, which appeared to do little damage in Iran. U.S. officials noted that the Iranian decision to downplay the explosions in Isfahan — and the suggestions by Iranian officials that Israel may not have been responsible — was a clear effort by the Islamic Revolutionary Guards Corps to avoid another round of escalation. Inside the White House, officials asked the Pentagon, State Department and intelligence agencies to stay quiet about the operation, hoping to ease Iran’s efforts to calm the tensions in the region.
Persons: Israel, Benjamin Netanyahu’s, Organizations: Islamic Revolutionary Guards Corps, Pentagon, State Department Locations: Isfahan, Iran, U.S, Isfahan —, Israel
Lagos, Nigeria CNN —The Nigerian army says it has rescued one of the missing Chibok schoolgirls abducted by militant Islamic group Boko Haram a decade ago. But the abduction of the Chibok girls remains the highest-profile example of the group’s targeting of schools. A decade later: Chibok kidnapping survivors tell their storiesSurvivors of the Chibok kidnapping recently shared their harrowing experiences in captivity with CNN on the 10th anniversary of their abduction. One of them Amina Ali, 27, was forced to marry a Boko Haram fighter, spending two years in captivity, before escaping. Ishaya was also reunited with her family in 2017 after spending three years as a “slave,” treating injured Boko Haram fighters.
Persons: Chibok schoolgirls, Lydia Simon, Boko Haram, Haram, , Amina Ali, Boko, Hannatu Stephen, Ishaya, Stephanie Busari, Michael Rios, Nimi Princewill Organizations: Nigeria CNN —, CNN, Amnesty International, West, Human Rights Locations: Lagos, Nigeria, Borno State, Haram, Islamic State, West African Province, Boko Haram, , Nigerian, Kuriga, Sokoto, Atlanta
CNN —Israel and Iran have now thrust the Middle East into a dangerous new era by erasing the taboo against overt military strikes on one another’s territory. Most immediately, the ball is in Iran’s court after Israel conducted strikes near the city of Isfahan early Friday. Initial reports suggest that the action was limited and, according to US officials, did not target Iranian nuclear sites in the area. Hours before the Israeli strikes, for instance, Iran had warned that any Israeli attack would be met with a robust response. “I do think it sends a message to Tehran that really they are more vulnerable to Israeli strikes than they would like to admit,” Davis said.
Persons: CNN —, Israel, Hossein Amir, Abdollahian, John Kennedy, Netanyahu, Biden, Benjamin Netanyahu, Joe Biden’s, it’s, Antony Blinken, Donald Trump, ” Aaron David Miller, ” Israel, they’d, Malcolm Davis, CNN’s Michael Holmes, ” Davis, Israel – Organizations: CNN, Islamic Revolutionary Guard Corps, Iran’s, Cuban, Israel, American, Hamas, Republicans, Democratic, US, Australian Strategic Policy Institute Locations: CNN — Israel, Iran, Isfahan, Israel, Syria, Iraq, Damascus, Gaza, United States, Washington, Italy, Lebanon, Tehran
Why was Iran struck by drones?
  + stars: | 2024-04-19 | by ( Simone Mccarthy | ) edition.cnn.com   time to read: +7 min
Israel carried out the strike inside Iran Friday morning, a US official told CNN. There were no reports of a missile attack, Iran’s National Cyberspace Center spokesperson Hossein Dalirian said on social platform X. The US “didn’t green light” an Israeli response, another senior US official told CNN. Video Ad Feedback Iranian journalist on how Iranian media reported the Israeli attack 02:19 - Source: CNNWhy is this happening now? Israel last week pledged, however, that it would “exact a price” from Iran in response to that aerial barrage.
Persons: Hossein Dalirian, , Hossein Amir, Abdollahian, , Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Israel, Beshara, , Yemen’s, Joe Biden, What’s, Benjamin Netanyahu, Amir, ” Amir, Maha Yahya Organizations: CNN, National Cyberspace Center, United Nations, Islamic, Palestinian, Hamas, Israel, Iranian, Revolutionary Guards, Pentagon, Getty, Wednesday, Carnegie Middle East Locations: Iran, Israel, Tehran, Isfahan, Iranian, Syria, Islamic Republic, United States, Gaza, Israeli, Damascus, Quds, AFP, Red Sea, Tabriz
Throughout the week, US officials had urged Israel not to retaliate for Iran’s unprecedented attack five days prior, when hundreds of missiles and drones were fired from inside Iran at Israel. US intelligence has long assessed that neither Iran nor Israel has any appetite for an outright war. Iranian officials have stated publicly that Iran’s policy toward Israel has changed. Then, on April 1, an Israeli strike on what Iran claims was an embassy in Syria killed seven officials, including two senior Iranian commanders. “Israel and Iran are going to be starting higher on the escalatory ladder for every future moment of conflict and that is incredibly dangerous,” said Panikoff.
Persons: Biden, , Hossein, Israel’s, CNN’s Erin Burnett, Israel, Bill Burns, George W, , Frank McKenzie, ” McKenzie, Maher Al Mounes, Mohammed Reza Zahedi, Jonathan Panikoff, Seyyed Ali Khamenei, Khamenei, Karim Sadjadpour, Qassem Soleimani, Iran —, Iran messaged, Donald Trump, stridently, , McKenzie Organizations: CNN, Israel, Iran, US, Islamic Revolutionary Guard Corps, CIA, Bush Presidential Center, Iranian, US Central Command, Getty, Lebanese Hezbollah, Iran’s, Carnegie Endowmernt Locations: Washington, Israel, Iran, Tehran, ” Iran, Islamic Republic of Iran, Dallas, Syria, Syria's, Damascus, AFP, Lebanese, Iran’s, Iraq
When he flew to Nigeria for a business trip in late February, Tigran Gambaryan, a top compliance officer at the cryptocurrency exchange Binance, packed a small suitcase with just enough clothes for two days. A former U.S. law enforcement agent, Mr. Gambaryan knew the trip was risky. Only a few weeks earlier, he and a group of colleagues had rushed out of Nigeria, concerned that the local authorities might detain them, five people familiar with that trip said. This time, he assured his wife, he would “get in and get out.”A month and a half later, Mr. Gambaryan is being held at Kuje prison in the Nigerian capital of Abuja, a complex that has housed Islamic State militants and Boko Haram fighters. After meeting with government officials in Abuja on Feb. 26, Mr. Gambaryan, 39, and a Binance colleague, Nadeem Anjarwalla, were abruptly escorted to a guesthouse controlled by Nigerian security officials, where they were held for nearly a month with no formal charges filed against them.
Persons: Tigran Gambaryan, Gambaryan, , Nadeem Anjarwalla Organizations: Islamic Locations: Nigeria, , Abuja
In the past year, jihadists from Tajikistan have been involved in an unusually high number of terrorist attacks or foiled plots linked to the Islamic State. Before that, Tajiks staged bloody assaults in Iran and Turkey, while several schemes in Europe said to involve Tajiks were thwarted. Hundreds of men from Tajikistan — a small, impoverished country in Central Asia controlled by an authoritarian president — have joined an affiliate of the Islamic State in Afghanistan known as the Islamic State Khorasan Province, or ISIS-K, analysts say. Poverty Fuels DiscontentTajikistan ranks among the world’s poorest countries, which drives millions of workers to seek better lives elsewhere. In a country of 10 million people, a majority of working men, estimated at more than two million, toil abroad at any given time.
Persons: Organizations: Islamic, Fuels Locations: jihadists, Tajikistan, Islamic State, Moscow, Iran, Turkey, Europe, Central Asia, Afghanistan, Khorasan Province
The Biden administration on Thursday announced new sanctions targeting Iran's drone program for its recent attack on Israel. The sanctions target 16 individuals and two entities involved in Tehran's drone production. Executives at an Iranian-based company that manufactured engines used in the attack are among the individuals sanctioned. All of the sanctioned individuals' property in the United States will be frozen. Five companies that provide materials to Khuzestan Steel Company, one of Iran's largest steel producers, were also sanctioned.
Persons: Biden, Janet Yellen, Yellen, Joe Biden Organizations: Companies, Islamic Revolutionary Guard Corps, Qods Force, Khuzestan Steel Company, KSC Locations: Israel, Tehran, Iran, United Kingdom, Iranian, Syria, United States
Testifying before the same panel on Wednesday, she readily agreed with Republicans’ premise that pro-Palestinian activism at Columbia is shot through with anti-Jewish bigotry, and explained how, under her leadership, Columbia is cracking down. Fifteen students, she said, had been suspended, and six more were on disciplinary probation. If it had been up to her, she said, the stridently anti-Zionist professor Joseph Massad would never have gotten tenure. (Columbia later confirmed that his chairmanship was scheduled to end after this semester.) By bending over backward to be agreeable, Shafik emerged from the four-hour grilling largely unscathed.
Persons: Nemat Shafik, Mohamed Abdou, , , Joseph Massad, Massad, Shafik, that’s, Claire Shipman, David Greenwald, David Schizer, Shipman Organizations: Harvard, University of Pennsylvania, Columbia, Hamas, Islamic
Even though he spent five years in Tajik prisons as a teenager, she said he never exhibited signs of violent extremism. “We need to understand — who is recruiting young Tajiks, why do they want to highlight us as a nation of terrorists?” said the mother, Muyassar Zargarova. Many governments and terrorism experts are asking the same question. Tajik adherents of the Islamic State — especially within its affiliate in Afghanistan known as the Islamic State Khorasan Province (I.S.K.P. ISIS-K is believed to have several thousand soldiers, with Tajiks constituting more than half, experts said.
Persons: , Muyassar Organizations: Islamic Locations: Moscow, Tajikistan, Central Asia, Afghanistan, Khorasan Province, Russia, Iran, Turkey, Europe
Crude oil futures were mixed Thursday after a selloff earlier in the week as traders discounted fears of a war between Israel and Iran that could disrupt crude supplies. The West Texas Intermediate contract for May delivery added 4 cents, or 0.05%, to settle at $82.73 a barrel. U.S. crude oil had gained nearly 1% to a session high of $83.47 before pulling back. Oil sold off more than 3% Wednesday as Israel has refrained so far from striking back against Iran for the Islamic Republic's unprecedented weekend air assault, reducing fears of a major war in the Middle East. U.S. crude oil and the global benchmark have fallen below the prices reached after Israel's airstrike against Iran's diplomatic compound in Damascus, Syria at the start of the month, the event that triggered the current round of hostilities.
Persons: Brent, we've, Phil Flynn Organizations: The West Texas Intermediate, Oil, Price Futures Group, Israel's Locations: Israel, Iran, The, Damascus, Syria
The United States and European allies joined together on Thursday to impose new sanctions on Iranian military leaders and weapon makers, seeking to punish Iran for its missile and drone attack on Israel last weekend, while imploring Israel not to retaliate so strongly as to risk a wider war. White House officials said the sanctions targeted leaders and entities connected to the Islamic Revolutionary Guards Corps, Iran’s Defense Ministry and the Iranian government’s missile and drone programs. The sanctions also seek to block exports by Iran’s steel industry that bring Tehran billions of dollars in revenue, they said. “I’ve directed my team, including the Department of the Treasury, to continue to impose sanctions that further degrade Iran’s military industries,” President Biden said in a statement. “Let it be clear to all those who enable or support Iran’s attacks: The United States is committed to Israel’s security.”Britain said it had imposed sanctions on seven people and six entities linked to Iran’s regional military activity and its attack on Israel, which Prime Minister Rishi Sunak called a “reckless act and a dangerous escalation.”“These sanctions — announced with the U.S. — show we unequivocally condemn this behavior, and they will further limit Iran’s ability to destabilize the region,” Mr. Sunak said in a statement.
Persons: imploring, “ I’ve, Biden, Rishi Sunak, , Mr, Sunak Organizations: Islamic Revolutionary Guards Corps, Iran’s Defense Ministry, Department of, Treasury, , U.S Locations: States, Iran, Israel, imploring Israel, Iranian, Tehran, United States, Britain
Saudi Arabia's Neom is planning its first bond sale, Bloomberg reported. The issuance could take place later this year and raise up to $1.3 billion, per the outlet. AdvertisementSaudi Arabia's Neom project is set to issue bonds for the first time as its developers seek new funding sources, Bloomberg reported. The $500 billion desert megacity could raise up to $1.3 billion by selling Islamic bonds, or sukuk, the outlet reported on Wednesday, citing unnamed sources. The sukuk issuance may take place later this year, according to Bloomberg.
Persons: Prince Mohammed Bin Salman's, Organizations: Saudi, Bloomberg, Service, Business
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