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KSA: Defense ministry official arrested for taking bribe

Saudi Justice authorities have announced the arrest of an official of the defense ministry believed to have taken $267,000 bribe, a move described by the prosecution as a ‘betrayal of trust’.  “The official sought to facilitate irregular procedures for the disbursement of financial dues to a company, taking advantage of his professional influence,” a statement […]

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

KSA. Saudia in talks for several 777-Xs purchase

Saudi Arabia’s national carrier Saudia has entered in negotiations with Boeing to buy several wide body jets (777X) of the American aircraft producer, sources have told Reuters.  Saudia’s authorities are negotiating several 777-Xs as the airline looks to return to profitability by 2020. Saudia is currently operating a mixture 148 aircraft made up of Airbus […]

July 10th, 2018 | Posted in Gulf News,Headlines | Read More »

Egypt: Head of customs authority manacled on bribery charges

Egypt’s Administrative Control Authority (ACA) Monday announced that they arrested the head of Egyptian customs suspected for bribery and allowing banned goods to enter the country.  The ACA is Egypt’s highest anti-corruption agency.   The watchdog said Gamal Abdel-Azim faces bribery, profiteering and squandering public funds charges.  Abdel-Azim according the ACA took bribe from a […]

July 10th, 2018 | Posted in Headlines,World News | Read More »

Palestine: China pledges $15 million financial aid

Chinese President Xi Ping Tuesday announced Beijing will allocate a $15 million financial package to Palestinians as the second global economy is expanding its diplomatic and economic influence in the Middle East region, Reuters reports.   The Chinese leader made the announcement during the summit between his country and Arab countries.   The announced aid […]

July 10th, 2018 | Posted in Headlines,World News | Read More »

KSA, France ink military deal to protect classified information

France will provide military protection to classified information of Saudi Arabia as part of a new military deal signed Sunday in Jeddah between the two countries.  The deal whose specifics have not been disclosed was signed by Crown Prince Mohamed bin Salman (MbS) and France’s Armed Forces Minister Florence Barley, state-controlled news agency SPA reports.  […]

July 9th, 2018 | Posted in Headlines,World News | Read More »

Israel-Turkey: Turkish tourist charged of money laundering & smuggling for Hamas

An Israeli court Sunday indicted a Turkish tourist on three charges including attempt to raise funds for the Palestinian group Hamas and smuggling hundreds of dollars to the Palestinian movement ruling Gaza Strip.   The 27-year old Turkish woman Ebru Ozkan has been held in Israel since June 11 as she tried to board a […]

July 9th, 2018 | Posted in Headlines,World News | Read More »

Kuwait, China ink several agreements, MoUs to boost ties

Kuwait and China signed Monday in Beijing several agreements and Memorandum of Understandings aimed at boosting ties. The deals were signed in the presence of the Kuwaiti ruler Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, who is on a state visit to China, and Chinese President Xi Jinping. The two countries have thus sealed a cooperation protocol […]

July 9th, 2018 | Posted in Gulf News,Headlines | Read More »

Morocco’s Efforts to Settle Sahara Issue “considerable & credible”- UK FM Says

The UK described as “serious and credible” the efforts undertaken by Morocco to find a lasting settlement to the Sahara issue. “We welcome the considerable and credible efforts undertaken by Morocco to find a settlement to the Sahara conflict,” said the UK Minister of State for the Middle East Alistair Burt. Burt made the statement […]

July 6th, 2018 | Posted in Headlines,World News | Read More »

Iran: China warns against actions in Strait of Hormuz

China Friday urged Iran to reconsider its threats after the powerful Revolutionary Guards suggested that the Islamic Republic could hamper navigation in the Strait of Hormuz, which is critical to China’s vital oil and gas imports.  Thursday, Mohammad Ali Jafari, commander of the Islamic Revolutionary Guard Corp reportedly indicated that his forces could block sea […]

July 6th, 2018 | Posted in Gulf News,Headlines,World News | Read More »

Qatar’s Katara Hospitality deploys nearly $600 million to acquire New York Plaza Hotel

Qatar’s Katara Hospitality has emerged as the new owner of New York’s palace-like Plaza Hotel after it splashed out around $600 million on the property near Central Park.  Hotel owner, India’s Sahara Group agreed to let to property to the Qatari state-owned Katara Hospitality to the surprise of analysts who were expecting real estate group […]

July 6th, 2018 | Posted in Gulf News,Headlines | Read More »