Home » June 16th, 2014 Entries posted on “June, 2014”

Iraq at crossroads, ISIS in control

The progress of the Islamic State of Iraq and the Syria (ISIS) against the government forces has attracted international attention with regional countries fearing that the stability of the Middle East could further be threatened. Mixed reports are coming out as Iranian authorities claim that they have pushed the Islamists backwards while others claim otherwise. […]

June 16th, 2014 | Posted in Headlines,World News | Read More »

Gulf Arab States unite to defend regional cyberspace

Given the role that social media has played in making the Arab Spring a success in most of the countries in the Middle East and North Africa, Arab states in the Gulf have reinforced their mechanisms aimed at easily overcoming the power of the internet. In a report published by the London-based Asharq al-Awsat, the […]

June 13th, 2014 | Posted in Gulf News,Headlines | Read More »

KSA : Saudi Arabia and Jordan discuss strengthening economic cooperation

Saudi Arabia and Jordan have renewed their desire to further increase the economic cooperation between them. Their respective delegations will be meeting at the Riyadh Chamber of Commerce and Industry (RCCI) to discuss means of reinforcing the economic cooperation and how to overcome the challenges they face. The meeting which begun on Wednesday is the […]

June 12th, 2014 | Posted in Gulf News,Headlines | Read More »

UAE adopts US FATCA to fight tax evasion

The United Arab Emirates (UAE) will join the United States in its fight against tax evasion after agreeing on terms.  The signing of the agreement will mean that banks, investments houses and other financial institutions will provide the necessary information needed by the U.S authorities regarding the bank accounts of American citizens and firms in […]

June 11th, 2014 | Posted in Finance,Headlines | Read More »

Turkey and Iran discuss ties and regional security

Despite their diverging interests in the Middle East, Iran and Turkey do find a common ground on which they can act to honor their mutual interest. President Rouhani accompanied by a high powered delegation, amongst which are also businessmen, is on a visit to Turkey.  Turkey and Iran have different political views and their bilateral […]

June 10th, 2014 | Posted in Headlines,World News | Read More »

Israel joins Horizon 2020 program

Israel has signed the agreement which will facilitate its access to the Horizon 2020 program; one of the largest scientific and industrial cooperation programs in the world with nearly €80 billion ($109 billion) available in funding and grants for research and development. The finalization of the agreement was marred by delays over the status of […]

June 9th, 2014 | Posted in Headlines,World News | Read More »

Qatar : World Cup controversy described as racism

Qatar’s 2022 World Cup has become the center stage of the global sports arena after investigations by the world football governing body FIFA claim some abnormalities. Qatar is being accused of corrupting officials from several countries to vote in its favor and paying several personalities to support its candidacy. There is a debate on whether […]

June 6th, 2014 | Posted in Headlines,World News | Read More »

UAE and Italy strengthen ties ahead of Exposition

Italy and the United Arab Emirates are working on reinforcing their bilateral ties during the visit of Milan’s mayor Giuliano Pisapia to the Emirates. Italy is planning on holding an exposition in Dubai as part of its national day celebrations. Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of […]

June 5th, 2014 | Posted in Headlines,World News | Read More »

MENA needs $40 trillion investment before 2025 to avoid fiasco

Oil prices could reach $15 per barrel higher on average by 2025 if investment in the Middle East is shortcoming. A report released by the International Energy Agency (IEA) has warned that $40 trillion and $8 trillion should be invested in energy supply and efficiency respectively by 2035 to put up with the rising demand. […]

June 4th, 2014 | Posted in Finance,Gulf News,Headlines | Read More »

KSA : ICD agrees with Saudi-Egyptian Business Council

The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group, and the chairman of the Saudi-Egyptian Business Council signed a memorandum of understanding (MoU) in Jeddah on Sunday. The MoU is aimed at reinforcing the cooperation between the two institutions and companies in Saudi Arabia willing […]

June 3rd, 2014 | Posted in Finance,Headlines | Read More »