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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 Read more
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 Read more
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. Read more
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. Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more