“Author Archive”
Stories written by Kanelka Tagba

Iraq: China’s CITIC wooed to finance several projects

China’s Investment Company, CITIC, is in talks with the Iraqi government to provide funding for several projects including infrastructure, Zawya reports. The two sides, according to Mudher Mohammed Saleh, the financial advisor to the Iraqi government, have been in advanced talks and are expected to “work on the agreement in two months”. Prime Minister Adel […]

October 11th, 2019 | Posted in Headlines,World News | Read More »

Two missiles struck Iranian oil tanker off Saudi coast

An oil tanker operated by the Iranian state-run oil company was set ablaze Friday off Saudi coast after two missile hit it. Iranian authorities identified the vessel as Sabity. It was according to National Iranian Oil Company (NIOC) near the Jeddah port city of Saudi Arabia. The strikes damaged the two main storage tanks causing […]

October 11th, 2019 | Posted in Gulf News,Headlines,World News | Read More »

Syria: Arab league to hold emergency meeting Saturday over Turkey’s offensive

The Arab League will convene Saturday in Cairo at ministerial level to discuss Turkey’s ongoing offensive in Syria that it considers a violation of the sovereignty of the war-torn country. Turkey launched Wednesday aerial and ground attacks in North Syria to crash Kurdish forces considered as a threat by Ankara. The offensive came following withdrawal […]

October 10th, 2019 | Posted in Gulf News,Headlines,World News | Read More »

Iran-KSA: Teheran tells Riyadh to stop killing people if it wants to engage in peace talks

Iran Tuesday said it was ready for peace talks with its arch regional rival Saudi Arabia if the latter stops killing people, in reference to the Saudi-led coalition in Yemen. Saudi Arabia in recent weeks seemed to have toned down its rhetoric towards Iran indicating that it was poised political solutions to the rivalry with […]

October 9th, 2019 | Posted in Gulf News,Headlines | Read More »

KSA: Russia’s sovereign wealth fund sets up office in Riyadh

Russia’s sovereign wealth fund has opened an office in the kingdom, a move Moscow describes will boost cooperation in a wide range of areas. The opening of the Russian Direct Investment Fund (RDIF) office is coming few days before the expected visit of the Russian leader, Vladimir Putin. The Russian President should visit the Gulf […]

October 9th, 2019 | Posted in Finance,Gulf News,Headlines,World News | Read More »

New Bahrain International Airport terminal set for operation in March next year

The new state-of-art terminal at Bahrain International Airport will start handling passengers and flights from March next year, the Gulf country’s Crown Prince Salman bin Hamad Al Khalifa has said. The announcement comes following testing of various features of the new structure that cost $1.1 billion. “There is no chance for mistakes with an airport […]

October 8th, 2019 | Posted in Gulf News,Headlines | Read More »

KSA: Stock exchange Tadawul gets approval to list foreign companies for first time ever

Saudi Arabia’s stock exchange Tadawul has received the approval to list foreign companies operating in the kingdom or in the region, Trade Arabia reports. The Capital Market Authority, the Bahrain-based media reports, has approved the new listing regulations as well as conditions tied to companies listing. According to the amended laws, foreign companies will be […]

October 8th, 2019 | Posted in Finance,Gulf News,Headlines | Read More »

Saudi Fund acquires 49 per cent of Richard Attias & Associates Consulting firm

Sanabil Investments, a subsidiary of the kingdom’s Fund has acquired 49 per cent of New York-based Consulting firm, Richard Attias & Associates (RAA), reports say. The amount of the deal has not been revealed but the acquisition follows Richard Attias & Associates early this year purchase of 49 per cent of advertising firm WPP agreed […]

October 7th, 2019 | Posted in Finance,Gulf News,Headlines,World News | Read More »

Iran: Israel, Arab countries allegedly plotted to kill Revolutionary Guard top commander

Israel and some Arab countries have plotted to assassinate head of Iran Revolutionary Guard foreign wing, reports say.   Semi-official Fars news agency indicated that authorities had foiled the assassination attempt against Major-General Qassem Soleimani last month. Without elaborating on identity of the plotters, the agency said that the attack which was planned to hit […]

October 7th, 2019 | Posted in Gulf News,Headlines,World News | Read More »

Tunisia: Presidential candidate to remain behind bars as polls draw near

A court of appeal Tuesday rejected the demand for the release of Nabil Karoui in detention on money laundering charges, ahead of the second round of the presidential elections, to be held on October 13. The defense team of the candidate said the court of appeal rejected what was the fourth liberation demands. The media […]

October 2nd, 2019 | Posted in Headlines,World News | Read More »