Home » November 19th, 2014 Entries posted on “November, 2014”

Kuwait : Central Bank lifts ban on trading derivatives

The central bank of Kuwait (CBK) has lifted the ban on trading derivatives with foreign banks that it imposed in 2008 when the Kuwaiti banks started to be affected by the global financial crisis. The decision led to a sudden rise of the Kuwaiti dinar against the US dollar with aspirations that it will provide […]

November 19th, 2014 | Posted in Finance,Headlines | Read More »

GCC: Saudi Arabia, UAE and Bahrain to send back ambassadors to Qatar

The diplomatic spat between Qatar and some members of the Gulf Cooperation Council (GCC) has come to an end after a meeting in Riyadh. Bahrain, Saudi Arabia and the United Arab Emirates have voiced willingness to end their diplomatic tussle with Qatar and promised to send back their ambassadors to Doha. The diplomats’ return to […]

November 17th, 2014 | Posted in Gulf News,Headlines | Read More »

UN Accuses Islamic State of War Crimes, Crimes against Humanity

The United Nations Organization has accused the Islamic state of perpetrating war crimes and crimes against humanity in the areas where it has established effective control. In a report entitled “Rule of Terror: Living under ISIS in Syria”, the UN commission of inquiry on Syria said it documented “shocking” accounts of the armed group’s use […]

November 14th, 2014 | Posted in Headlines,World News | Read More »

UK Toughens Terror Laws against British Jihadists

British prime minister David Cameron has unveiled new anti-terror plans that will bar suspected british jihadists, including teenagers, who travel to Syria, from returning to the country for two years and they will only be allowed to re-enter if they consent to face prosecution, home detention, regular police monitoring and attend deradicalisation courses. Under the […]

November 14th, 2014 | Posted in Headlines,World News | Read More »

Yemen: Pay as you kill or injure, U.S compensation scheme unveiled

Reports are being made that the U.S government has been compensating the relatives of civilians that it has killed with drone strikes in Yemen for the past few years. Authorities in the U.S are tight-lipped about the issue. A source close to the Yemeni presidency disclosed that they receive funds from the U.S to channel […]

November 14th, 2014 | Posted in Headlines,World News | Read More »

Iraq: PM sends 36 military home despite ongoing war

Prime Minister Haider al-Abadi has removed 26 military officers from their posts, sending 10 others to retirement due to incompetency, lack of integrity and courage. He has also named 18 new commanders. The announcement came after Iraq’s most influential Shi’ite cleric, Grand Ayatollah Ali al-Sistani, said on Friday that corruption in the armed forces had […]

November 13th, 2014 | Posted in Headlines,World News | Read More »

Israel refuses to cooperate with ‘biased’ UN inquiry

Israeli foreign ministry spokesman Emmanuel Nahshon has announced that they will not cooperate with the UN inquiry team on the 50-day war in Gaza between Israel and Hamas. The announcement also coincided with the approval of 200 new homes in Arab East Jerusalem. France is preparing to vote on the recognition of Palestine as an […]

November 13th, 2014 | Posted in Headlines,World News | Read More »

Oman: $649 million investment to boost ecotourism

An eco-themed project worth around $649 million will be developed in Ras Al-Hadd, a town located in the South Al Sharqiyah Governorate, after a joint venture agreement was signed between the Omani government and Qatari Diar Ras Al-Hadd Development Company SAOC. The joint venture is between the developers and investors of Oman and Qatar. The […]

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

Qatar: Oil based economies safe till 2017 as price continues falling

Emir Sheikh Tamim bin Hamad Al-Thani of Qatar has given assurances that their economy will not be affected by the drop in oil prices because the government has not changed its price evaluation methods for the past years. However, United Arab Emirates Energy Minister (UAE), Suhail bin Mohammed al-Mazrou, has warned that difficult moments lie […]

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

Israel and India jointly developed and tested long range missile

The defense and military cooperation between Israel and India has reached a new level after a successful test of a missile they jointly developed. The missile is a long range surface to air missile developed by Israel’s Defense Research & Development Organization (DRDO) of Israel together with Indian scientists. DRDO chief and Scientific Advisor to […]

November 11th, 2014 | Posted in Headlines,World News | Read More »