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Turkey: Pakistan buys 30 T129 attack helicopters

Pakistan will purchase 30 of the Turkey-made T129 helicopters used in battle fields, the Turkish defense industry directorate said Friday.  “Contract negotiations on T129 ATAK helicopters between Turkish Aerospace Industries (TAI) and the Pakistani Ministry of Defense Production were finalized,” the Directorate said.   The defense authorities have not disclosed the cost of the transaction. […]

July 13th, 2018 | Posted in Headlines,World News | Read More »

Egypt: blast at chemical factory near Cairo airport injures 12

A loud explosion at a chemical factory near Cairo international Airport Thursday left 12 people injured.  The blast according to the army spokesperson, Colonel Tamer al-Rifai, was caused by high temperatures. “Due to high temperatures, an explosion happened at a petrochemicals storage belonging to the Heliopolis for Chemical Industries,” he said.   “Civil defense trucks […]

July 13th, 2018 | Posted in Headlines,World News | Read More »

President Xi of China to make first official visit to UAE

President Xi Jinping will visit the United Arab Emirates (UAE) next week, his first visit to the Gulf country, at the time trade between the two countries is at its peak. During the state visit, the Chinese leader who is in command of the world’s second economy will meet with Sheikh Mohammed bin Rashid Al […]

July 13th, 2018 | Posted in Gulf News,Headlines | Read More »

Syria: Senior US lawmaker warns Israel against deal with Russia

A top US lawmaker and former Republican presidential candidate has sent warning to Israel against moves by Prime Minister Benjamin Netanyahu to notch a deal with Russia to remove Iranian forces out of Syria. Russia has been since 2015 Syria’s top power protector and has helped turn the tide of fighting in the civil war […]

July 12th, 2018 | Posted in Headlines,World News | Read More »

Libya: Oil sale to resume as oil terminals handed back to NOC

The internationally recognized National Oil Corporation (NOC) Wednesday announced resumption of operation at the country’s four oil terminals after east-based army relinquished control of the ports it seized last month. Khalifa Haftar, head of the so-called Libyan National Army (LNA) Wednesday restored Zueitina, Hariga, Ras Lanuf and Es Sider to Tripoli-based NOC following intense international […]

July 12th, 2018 | Posted in Finance,Headlines | Read More »

Egypt: 11 alleged militants killed in army operation in Sinai

Security authorities Wednesday claimed the killing of several suspected militants in the city of Arish, in the Sinai as state-run news agency MENA put the number of those killed at 11. The army and police have launched since February a massive campaign in the Sinai used by militant groups, including the Islamic State, for attacks […]

July 12th, 2018 | Posted in Headlines | Read More »

Iran: India heeds US call to halt oil purchase

India has ceased buying Iran’s crude oil as hoped by the United States as data from the industry and shipping sources show sharp decrease in oil imports last month. Oil imports from Iran in June dropped by 16 per cent to reach 592,800 barrels per day (bpd) compared with May data. The move, officials said, […]

July 12th, 2018 | Posted in Headlines,World News | Read More »

Qatar on the lookout for $4bn to buy Typhoon fighters

Qatar’s authorities are seeking to raise as much as $4 billion from banks for the purchase of several British Typhoon fighter jets, Bloomberg reports citing sources aware of the move.   The sum, according to sources who spoke to Bloomberg on conditions of anonymity, could be raised as late as end of next month.   […]

July 11th, 2018 | Posted in Gulf News,Headlines | Read More »

Bahrain: Iran-backed Shia group put on US terror list

The United States Tuesday slapped sanctions on the alleged Iran-backed al-Ashtar Brigades that it designated as terror group and blamed for attacks on security forces.   The State Department said in a statement the group, which was established in 2013, seeks to overthrow the Bahraini government led by a Sunni monarchy. The Gulf country is […]

July 11th, 2018 | Posted in Gulf News,Headlines | Read More »

Iran: US pressuring Berlin to block money withdrawal from Germany-held accounts

US ambassador to Germany Tuesday urged German authorities to prevent withdrawal by Iran of around €300 million ($350 million) from its Germany-based accounts as it faces suffocating economic pressure led by the United States.   Richard Grenell, a staunch aid of US President Donald Trump, urged German authorities to kill Iran’s request to withdraw around […]

July 11th, 2018 | Posted in Headlines,World News | Read More »