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Lebanon plans to disarm Hezbollah by year end

Lebanon's cabinet on Tuesday tasked the army with developing a plan to disarm Hezbollah by year end, an unprecedented step since civil war factions gave up their weapons decades ago.

The thorny decision follows heavy US pressure and comes as part of implementing a November ceasefire that sought to end more than a year of hostilities between Israel and militant group Hezbollah including two months of all-out war.

A handout photo released by the Lebanese presidency shows Prime Minister Nawaf Salam speaking to the press after the cabinet session on disarming Hezbollah

Turkey sets up parliamentary commission to oversee PKK disarmament

By Huseyin Hayatsever

ANKARA (Reuters) -Turkey's parliament launched a commission on Tuesday to oversee the disarmament of the outlawed Kurdistan Workers' Party (PKK) militant group following its jailed leader Abdullah Ocalan's call for it to end its insurgency.

Thirty PKK militants burned their weapons in a ceremony in northern Iraq last month, marking a symbolic first step towards ending a decades-long struggle with Turkey in which more than 40,000 people have been killed.

Weapons placed by PKK fighters are burnt during a disarming ceremony in Sulaimaniya, Iraq, July 11, 2025, in this screengrab obtained from a handout video. KURDISTAN WORKERS PARTY MEDIA OFFICE/Handout via REUTERS/File Photo

Unresolved property issues haunt stalled Cyprus peace process

NICOSIA (Reuters) -Decades-old property disputes stemming from Cyprus's unresolved division are stirring tensions on the island, threatening to derail fragile progress in United Nations-led reconciliation attempts.

Recent detentions on both sides over disputed property claims have exposed the enduring grievances of tens of thousands of internally displaced people.

"I'm very concerned. I fear the property issue will cause major problems in the coming months," outgoing U.N. envoy Colin Stewart said in an interview with Turkish Cypriot daily Yeni Duzen.

FILE PHOTO: A man rides a bicycle next to a barricade made of barrels at the UN-controlled buffer zone in Nicosia, Cyprus March 18, 2025.  REUTERS/Yiannis Kourtoglou/File Photo

Lebanon's cabinet meets to discuss Hezbollah's arms after US pressure

By Maya Gebeily and Laila Bassam

BEIRUT (Reuters) -Lebanon's cabinet will meet on Tuesday to discuss Hezbollah's arsenal, after Washington ramped up pressure on ministers to publicly commit to disarming the Iran-backed group and amid fears Israel could intensify strikes if they fail to do so.

The session scheduled for 3:00 p.m. (1200 GMT) at Lebanon's presidential palace is the first time that cabinet will discuss the fate of Hezbollah's weapons - unimaginable when the group was at the zenith of its power just two years ago.

Lebanese President Joseph Aoun speaks during the commemoration of Lebanese Army Day, in Baabda, Lebanon, July 31, 2025 in this screengrab obtained from a video. Tele Liban Pool/via REUTERS TV/FIle Photo

Israeli cabinet may order complete Gaza takeover

By Maayan Lubell and Nidal al-Mughrabi

JERUSALEM/CAIRO (Reuters) -Israel's cabinet could authorise on Tuesday a complete military takeover of Gaza for the first time in two decades, media reported, despite international pressure for a ceasefire to ease appalling conditions in the besieged Palestinian territory.

Prime Minister Benjamin Netanyahu is leaning towards an expanded offensive and taking control of the entire enclave after 22 months of war against militant group Hamas, Israeli Channel 12 reported.

Palestinians climb onto trucks as they seek aid supplies in Khan Younis, southern Gaza Strip, August 4, 2025. REUTERS/Hatem Khaled

Netanyahu says Israel must complete defeat of Hamas to free hostages

Prime Minister Benjamin Netanyahu said Tuesday that Israel must "complete" the defeat of Hamas in Gaza to secure the release of the remaining hostages, days ahead of a cabinet meeting to discuss an updated war plan.

Recent footage of weak and emaciated captives has sparked outrage in Israel, while UN experts also warn of an unfolding famine for Palestinians in Gaza.

Israeli army soldiers perform maintenance tasks near the border with the Gaza Strip

Saudi Aramco profit drops for 10th straight quarter

Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit revenues, putting more pressure on the key driver of the Saudi economy.

Second-quarter profits slid 22 percent year-on-year to 85 billion riyals ($22.67 billion), extending a decline that stretches back to late 2022.

"The decrease in revenue was mainly due to lower crude oil prices and lower refined and chemical products prices," Aramco said in its quarterly report.

Aramco is the jewel of the Saudi economy and the main source of revenue for Crown Prince Mohammed bin Salman's ambitious economic and social reforms.

Anti-drone system propels Greek plans for home-grown defence industry

By Lefteris Papadimas

ATHENS (Reuters) -It took just minutes for a new Greek-made anti-drone system to show what it is capable of.

On its first test run with a European Union patrol in the Red Sea a year ago, the Centauros system detected and swiftly brought down two aerial drones launched by Yemen's Houthis, who have been attacking merchant vessels in the busy shipping lane.

Anti-drone system Centauros is seen at the Hellenic Aerospace Industry (HAI), in Tanagra, north of Athens, Greece, July 3, 2025. REUTERS/Louiza Vradi

Saudi Aramco profit drops 22 percent on lower prices

Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices hit revenues, the oil giant said on Tuesday.

Aramco, the world's biggest oil exporter and driver of the Saudi economy, has now seen profits decline for 10 straight quarters since record results in late 2022.

"The decrease in revenue was mainly due to lower crude oil prices and lower refined and chemical products prices," Aramco said in its quarterly report.

Aramco is the jewel of the Saudi economy and the main source of revenue for Crown Prince Mohammed bin Salman's ambitious economic and social reforms.