Home » May 28th, 2012 Entries posted on “May, 2012”

Saudi Arabia: Ma’aden signs another deal

After signing two different contracts with a US firm and SMS Siemag AC, granting them various roles with different agreements necessary for the accomplishment of an aluminum plant, the Saudi Arabian Mining Company Ma’aden has concluded a third signing with roles different from the ones above. It has just recently been announced on Sunday, through […]

May 28th, 2012 | Posted in Energy,Headlines | Read More »

The world condemns Syria’s atrocities

Following the massacre that took place in the town of Houla, the UN’s Security Council held an emergency meeting to discuss Syria’s chaos. After a three hour meeting, the Security Council released a statement condemning the Friday massacre in Houla “in the strongest possible terms”. The killing of civilians by close range shooting or physical […]

May 28th, 2012 | Posted in Headlines,World News | Read More »

Oman: HSBC-OIB merger blocked

Oman’s Ministry of commerce and Industry has taken the decision to stop the merger of HSBC Oman and Oman International Bank (OIB). The decision will temporarily stop the merger because an India-based businessman has raised issues against HSBC via a lawsuit, therefore prompting the Directorate General of the Ministry to block all the operations concerning […]

May 25th, 2012 | Posted in Finance,Headlines | Read More »

Iran: Talks end with a stalemate

The Baghdad talks have come to an end after an unscheduled additional day to pursue discussions after no agreements were made. Both parties involved in the talks came up with their own proposals which led to another rendezvous in June. The five member countries of the UN Security Council plus Germany were headed by the […]

May 25th, 2012 | Posted in Gulf News,Headlines | Read More »

King of Morocco, First Arab Host at the Elysée

King Mohammed VI was the first foreign head of state to be received at the Elysée palace by the new French president François Hollande for talks on the longstanding relations between Morocco and France. The King of Morocco, who is on a few day private visit to France, held on Thursday afternoon lengthy talks with […]

May 25th, 2012 | Posted in Headlines,World News | Read More »

Egypt 2012: Morsi and Abolfotoh are expected for a second round

According to many monitors, the turnout rate for Egypt’s election is expected to be the highest ever as it draws long lines in polling stations around the country. For many observers and analysts, Mohamed Morsi, the main Islamist contender for Muslim Brotherhood Movement and Abdel-Moneim Abolfotoh, formerly a prominent figure in the same movement are […]

May 24th, 2012 | Posted in Headlines,World News | Read More »

Saudi Arabia: Modernizing the Kingdom’s Air Forces

The Kingdom has signed another contract with the British defense giant BAE to acquire jets. The deal includes a supply of jets to reinforce the Royal Saudi Air force capacities with modern gadgets. The concluded jet deal includes 22 BAE systems Hawk advanced jet trainers and 55 Pilatus PC-21 turboprops. The deal is worth about […]

May 24th, 2012 | Posted in Gulf News,Headlines | Read More »

Lebanon: Hostages in Syria to be released soon

There are hopes that the 11 Lebanese men kidnapped in Syria will soon be on their way home according to Lebanon’s Foreign Minister, Adnan Mansour. He acknowledged that the negotiations with the abductors are going on and they have been positive for the moment. He said that “a splinter group of the armed Syrian opposition” […]

May 24th, 2012 | Posted in Headlines,World News | Read More »

Qatar: Projects Underway for Fifa 2022

Qatar has a decade left on its stopwatch before the FIFA World Cup takes centre stage in the Gulf and the whole world’s eyes will be on them. Works have been going on to get everything set for the tournament. The government has been involved in several projects to make of what is a dream […]

May 23rd, 2012 | Posted in Gulf News,Headlines | Read More »

Tunisia: Former Libyan PM to be extradited

After two extradition requests from Libya, Baghdadi Mahmoudi will soon be handed over to the Libyan authorities. Tunisia’s extradition decision has been criticized by human rights groups and lawyers. Mr. Mahmoudi served as a Prime Minister from 2006 till the revolution started. He was arrested and detained in Tunisia when he was on his way […]

May 23rd, 2012 | Posted in Headlines,World News | Read More »