Home » January 31st, 2016 Entries posted on “January, 2016”

Bahrain to Adopt Austerity Measures

Bahrain would soon introduce austerity measures as recommended by a delegation from the International Monetary Fund (IMF) which visited the Gulf country January 12 to 25 for annual consultations. Bahrain is struggling with the low oil prices and IMF forecasted that the Gross Domestic Product (GDP) will continue falling to 2.2% this year. Finance minister […]

January 31st, 2016 | Posted in Finance,Gulf News,Headlines | Read More »

Iran: Pentagon Unsatisfied with Iran-Like Drill Results

The new US Navy Littoral Combat Ship designed to operate in shallow waters showed shortcoming and vulnerabilities during the tests. The flaws were revealed by head of the Pentagon weapons testing team, Michael Gilmore, in an annual report on major weapons to the congressional defense committees. The Pentagon official doubted the capability of the new […]

January 31st, 2016 | Posted in Gulf News,Headlines | Read More »

Marrakech Declaration Upholds Rights of Religious Minorities

Religious leaders from around the world, including Muslims, Christians and Jews, as well as prominent scholars and decisions-makers have called for tolerance and for the protection of religious minorities’ rights in Muslim countries. In a historical Declaration issued at the end of their meeting convened in Marrakech (January 25-27) participants called upon Muslim scholars and […]

January 29th, 2016 | Posted in Headlines,World News | Read More »

Yemen: Suicide bomber rocks checkpoint near presidential palace

A suicide car bomb attack exploded Thursday at a checkpoint less than a kilometer from the presidential palace in Aden, killing at least eight people and injuring 15. President Hadi and Prime Minister Khalid Bahah were in the palace at the moment of the attack but were unhurt although buildings close to the explosion site […]

January 29th, 2016 | Posted in Gulf News,Headlines | Read More »

Libya: Misrata deputy kidnapped in Tobruk after LPA approval

A deputy from Misrata, Mohamed al-Ra’id, who is a member of the Toburk-based House of Representatives (HoR) was abducted on his way to the airport after voting for the approval of the Libya Political Agreement (LPA.) His kidnapping is unrelated to politics according to reports because the group that abducted him is demanding that two […]

January 29th, 2016 | Posted in Headlines,World News | Read More »

Iran buys 118 jets from Airbus, delivery within 4years

Iran concluded a multi-billion dollar deal with Airbus for the acquisition of 73 wide-body and 45 narrow-body jets including a dozen A380 superjumbos. The deal also covers maintenance of aircrafts and training of Iranian pilots. The 118 aircrafts are expected to boost the country’s aviation sector that has been paralyzed by sanctions and also prepare […]

January 29th, 2016 | Posted in Gulf News,Headlines | Read More »

Syria: Talks begin in Geneva without main opposition group

Talks between the Syrian government and the opposition initially scheduled for Monday would finally kick-off on Friday but the coalition of major opposition groups known as the High Negotiations Committee (HNC) will not be attending unless its demands are met. The Syrian government and the Democratic Union Party (PYD) are expected to be at the […]

January 29th, 2016 | Posted in Gulf News,Headlines | Read More »

Egypt and Russia keen to resume flights

At the end of his two day visit to Egypt, Speaker of the Russian Parliament Sergey Naryshkin said he was hopeful that flights between the two countries would resume soon. He said he had a thorough discussion with President Sisi and his Egyptian counterpart Ali Abdel-Aal on the resumption of Russian flights to Egypt and […]

January 28th, 2016 | Posted in Headlines,World News | Read More »

Bahrain: Privatization in the air

Bahrain could be privatizing public companies after lawmakers discussed reducing government stakes to not more than 30% thereby opening Gulf Air, Alba, Bahrain Airport Company, Batelco and the National Bank of Bahrain (NBB) to the private sector. The chairman of the parliament’s financial and economic affairs committee Abdulrahman Buali said the current capital of all […]

January 28th, 2016 | Posted in Gulf News,Headlines | Read More »

Egypt: Al Jazeera network demands compensation from Egypt

Qatar-based Al Jazeera news network Wednesday launched a lawsuit against Egypt which it accuses of causing a loss of $150 million and crackdown on its journalists in 2013, following the military coup against Islamist President Mohamed Morsi. The network says it is taking legal action against Cairo after Egyptian authorities failed to respond to its […]

January 28th, 2016 | Posted in Headlines,World News | Read More »