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Lebanese TV Show host to stand trial in October after insulting Turkey’s President

A Lebanese TV show host is due to stand a trial in October after he insulted Turkey and its leader that he referred to as “evil”. Neshan Der Haroutiounian has come under fired after he made insulting remarks about Turkey and its President Recep Tayyip Erdogan, The New Arab reports. Der Haroutiounian underlined his remarks […]

July 13th, 2020 | Posted in Headlines,World News | Read More »

Bahrain, U.S extends tourist visas by five years

Bahrain and the U.S have extended to 10 years the validity of tourist visas granted to citizens of both countries, Trade Arabia reports. Bahrain’s ministry for foreign affairs and the US embassy the online media notes reached to a deal to extend the visa from five years to ten years. The agreement will come into […]

July 13th, 2020 | Posted in Gulf News,Headlines | Read More »

Bahraini bank officials sentenced to five years in prison over money laundering charges

Bahrain’s High Criminal Court requested five years in prison for five officials of a local bank suspected for involvement in a money laundering case in connection with three Iranian banks. The officials from Future Bank are also fined a million Bahraini dinars ($2.65 million) each. The court ordered the confiscation of the funds transferred by […]

July 10th, 2020 | Posted in Finance,Gulf News,Headlines | Read More »

Bahrain: bank officials convicted over money laundry charges

The High Criminal Court of the Gulf country requested five years in prison for five official a local bank suspected for involvement in a money laundry case in connection with three Iranian other banks, reports say. The official from Future Bank are also fined a million Bahraini dinars ($2.65 million) each. The court also ordered […]

July 10th, 2020 | Posted in Finance,Headlines | Read More »

Sudan reopens airports for flights from Turkey, UAE & Egypt

Sudan Thursday said it has re-opened Khartoum international airport for flights from UAE, Turkey and Egypt, after a four-month hiatus owing to covid-19 pandemic. Ibrahim Adlan, the general director of Sudan’s Civil Aviation Authority, said air traffic has partially resumed as of today for flights from Turkey, Egypt and the United Arab Emirates (UAE), Anadolu […]

July 10th, 2020 | Posted in Headlines,World News | Read More »

Pro Hezbollah supporters stage protest in Beirut against US top military envoy’s visit

Hundreds of Hezbollah supporters demonstrated Wednesday in capital Beirut to denounce the visit a top US military commander, The New Arab reports. The protestors occupied the road to leading to Beirut international airport as the US Central Command chief Kenneth F McKenzie arrived in Lebanese capital for a one-day visit. The trip according to the […]

July 9th, 2020 | Posted in Headlines,World News | Read More »

Gulf Cable acquires 14.4 per cent of state-owned Boursa Kuwait

Kuwait-based and publicly listed company Gulf Cable & Electrical Industries (KPSC) has acquired 14.4 per cent of Boursa Kuwait on an investment of $37.56 million, Zawya reports. The operation provides KPSC, 28,925,610 shares in Boursa Kuwait. Boursa Kuwait, controlled by the Kuwaiti state, had reported a net profit attributable to owners of the parent company […]

July 9th, 2020 | Posted in Gulf News,Headlines | Read More »

Saudi Ground Services provides credit facility to Saudi British Bank

The Saudi Ground Services Company (SGS) will provide a credit facility $133.3mln to Saudi British Bank (SABB) earmarked to cover the working capital required for operational operations, Zawya reports. SABB will pay back the murabaha credit after 30 months per the signed agreement. The kingdom’s aviation ground handling services company also indicated that the loan […]

July 8th, 2020 | Posted in Finance,Headlines | Read More »

Saudi Arabia in search of investors set up women’s sports club

The kingdom of Saudi Arabia is seeking investors to set up and manage a women’s sports club as part of the Gulf country’s ongoing campaign to promote women’s sports. The future sports club will cover 8,705 sq m and will be located on a plot of land at the intersection of Salim Bin Obeid Road […]

July 7th, 2020 | Posted in Gulf News,Headlines | Read More »

EU wields Israel boycott if Tel Aviv goes ahead with annexation plan

The European Union, UE, will boycott Israel if it presses ahead with the annexation of the West Bank, the Jewish country’s foreign minister Gabi Ashkenazi warned Sunday. Ashkenazi reportedly indicated the EU has discussed punishing action against Israel if it goes ahead with annexation, noting that the punishment could include a halt of foreign ministers’ […]

July 6th, 2020 | Posted in Headlines,World News | Read More »