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If the quotes of a prominent Saudi businessman are anything to go by, a number of the gulf state’s investors may be obliged to pull their investments out of Egypt by the year-end, according to the business daily, Al-Eqtisadiah. Current Read more
Qatar has been subject to rumors in recent months about a possible change of leadership aimed at to preventing a possible palace coup d’état, similar to the one that took place in 1995 during the era of the present Emir’s Read more
Bashar Assad has warned countries willing to arm the rebels fighting against his government that they “will pay a price” if they go ahead with their plan, as he rejected accusations of using chemical weapons. The United States has announced Read more
Metito, United Arab Emirates-based water and waste-water specialist, has announced that it has made progress as part of its expansion project, after securing long-term financing to support expansion plans in Indonesia, Egypt and China. Abu Dhabi-based Gulf Capital, and the Read more
The White House has stated that Syria has finally crossed the “red line”, thereby obliging it to increase the “scale and scope” of its support to the opposition forces. The US government claims that nerve agent Sarin gas has been Read more
Morgan Stanley Capital International (MSCI) added Qatar and the United Arab Emirates to its list of emerging markets benchmark, as part of a reclassification process that led to a rise in the stock exchange of the two countries. MSCI’s decision Read more
Abu Dhabi’s Department of transport concluded a deal with United Kingdom’s Department for Transport in a bid to facilitate cooperation between them in the field of transportation, with both parties eying future cooperation in areas such as the exchange of Read more
The United States is providing its allies in the Middle East, and especially those in the Persian Gulf, with techniques to strengthen their cyber defenses in order to counter growing attacks from Iran. According to senior American officials, the US Read more
The United Arab Emirates and Saudi Arabia have showed concerns about the safety of Iran’s Bushehr nuclear plant, following reports that the last earthquakes damaged it. Countries in the gulf are seeking an explanation from Iran and they have made Read more
The guilty verdicts and sentences handed down by an Egyptian court against several workers for non-government organizations have prompted anger and outrage both in Washington and Brussels, and may result in diplomatic crisis. The U.S. administration and European governments have Read more