Home » January 27th, 2016 Entries posted on “January, 2016”

Palestine: Israel Blasted by UN Secretary General

UN Secretary General Ban ki-moon condemned the stabbings and killings going on between Palestinians and Israelis underlining that the “Palestinian frustration” after almost 50years of Israeli occupation and failed peace processes drove a “profound sense of alienation and despair” among some Palestinians. This deep despair is especially strong among the youths, Ban Ki-moon said during […]

January 27th, 2016 | Posted in Gulf News,Headlines | Read More »

Bahrain to Close Iranian-Bahraini Bank

Bahrain’s central bank is working on closing Future Bank but the reasons are yet to be made public. The bank is a joint venture between two Iranian banks and a Bahraini bank with $1.51 billion in assets at the end of September last year according to the financial statement posted on its website. Future Bank […]

January 27th, 2016 | Posted in Gulf News,Headlines | Read More »

Qatar: US could host 2022 World Cup instead of Qatar without voting

As the elections for the FIFA presidency draw closer, candidate Jerome Champagne stated that Qatar would be stripped off the rights to host the 2022 FIFA World Cup and it would be passed to the US without any new voting. The bidding contests of the 2018 and 2022 World Cups that were won by Russia […]

January 27th, 2016 | Posted in Gulf News,Headlines | Read More »

Kuwait: Revenue of Major Budget Contributor Slashed by Half

With almost two months before Kuwait’s fiscal year ends, Finance Minister Anas Al Saleh told reporters on the sidelines of an oil conference that the estimation of oil prices will be reduced by almost 50% in the 2016-2017 national budget. The country’s economy is heavily dependent on oil and prices have drastically dived within the […]

January 27th, 2016 | Posted in Energy,Gulf News,Headlines | Read More »

Pleas by 2 Journalists Indicted for Blackmailing Morocco Rejected by French Court of Appeal

The pleas submitted by two French journalists, Eric Laurent and Catherine Graciet, who made the headlines last summer for their involvement in an extortion and blackmail attempt against Morocco, were rejected by a French Court of appeal. The investigation chamber of the Paris Court of Appeal rejected Tuesday the request submitted by the defendants’ lawyers […]

January 26th, 2016 | Posted in Headlines,World News | Read More »

Yemeni government returns to Aden after 4 months in Riyadh

Prime Minister Khalid Bahah returned to Aden on Monday after leaving the city for Riyadh in October following an attack on the Al Qasr hotel, the base of the Hadi-led government and coalition forces, by the Islamic State group. The government will now be based at the Republican Palace in Aden and spokesperson of the […]

January 26th, 2016 | Posted in Gulf News,Headlines | Read More »

Libya: HoR votes against UN-backed unity government

Libyan internationally recognised parliament based in Tobruk Monday rejected Prime Minister Serraj’s government but endorsed with reservation the Libyan Political Agreement (LPA.) 89 out of 104 present for the vote rejected the proposed cabinet which was announced last week. Reports say lawmakers rejected the cabinet because it is too large and urged Prime Minister Serra […]

January 26th, 2016 | Posted in Headlines,World News | Read More »

Mauritania presents its investment opportunities to Gulf investors

The Mauritanian Government has embarked on a seduction operation of Gulf investors through presentation of investments opportunities in various sectors of Mauritanian economy. A high level Mauritanian delegation, led by Minister of Economic Affairs and Development, Sid’Ahmed Ould Raiss, started on Monday meetings in Sharjah with potential investors in the sectors of agriculture, stock farming, […]

January 26th, 2016 | Posted in Headlines,World News | Read More »

Good friends can exchange tough messages, Canada tells Israel

A day after Canada’s foreign minister Stephane Dion stated that “unilateral actions such as Palestinian initiatives toward statehood in international forums and continued Israeli settlements, are unhelpful and constitute serious obstacles to achieving a comprehensive, just and lasting peace”, his spokesman Joe Pickerill on Monday explained that Israel and Canada are “good friends” and “tough […]

January 26th, 2016 | Posted in Gulf News,Headlines | Read More »

Egypt reveals value of assets seized from Muslim Brotherhood

Egyptian authorities on Sunday said they have seized at least $34 million in assets of the Muslim Brotherhood members since 2013. The State’s committee, which is tasked with managing the banned organization’s funds, said at a press conference in Cairo that the seized funds include bank deposits of 1370 members worth 154.7 million Egyptian pounds, […]

January 25th, 2016 | Posted in Headlines,World News | Read More »