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

Syria: Assad Reveals Compromise Plan through a Unity Government

President Assad on Wednesday signaled that he is willing to form a unity government with opposition and independent figures but the High Negotiations Committee (HNC,) a coalition of Syrian opposition parties, quickly rejected the proposal. In an interview with Russian news agency RIA, Assad said it was “logical” for the different pro, opposition and neutral […]

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

Bahrain: Nogaholding Announces Successful Islamic Loan

Bahrain’s oil and gas investment and business development company Nogaholding signed a five year $750 million multi-bank Islamic loan to finance the expansion and development of some projects including the construction of a liquefied natural gas import terminal. The loan is the first of its kind for the company since its creation in 2007 and […]

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

Lebanon: Hariri Discusses Lebanon, Syria with Russian FM

The leader of the Future Movement party and once prime minister of Lebanon, Saad Hariri, met with Russian Foreign Minister Sergei Lavrov to discuss the situation in Lebanon and other regional matters of common interest. During the meeting in Moscow, Hariri told Lavrov that “we appreciate the important role that Russia is playing in the […]

March 31st, 2016 | Posted in Headlines,World News | Read More »

Libya: UN-Backed Government Arrives by Sea, Tripoli and Tobruk Protest

The Prime Minister-designate of the UN-backed Government of National Accord (GNA) Fayez Serraj together with six deputies arrived in Tripoli on Wednesday onboard a ship coming from Tunisia. Western countries quickly declared their support to this government and UN special envoy Martin Kobler hailed the move, while the two rival Libyan governments renewed their opposition […]

March 31st, 2016 | Posted in Headlines,World News | Read More »

Iran: Western Countries Call for UN Actions on Iran

Britain, France, Germany and the United States denounced the missile tests conducted by Tehran as challenging the UN resolution 2231 because they can result in nuclear weapons. This came in a joint letter they addressed to the UN Secretary General Ban Ki-moon and to Spanish ambassador to the UN Roman Oyarzun Marchesi, Spain being tasked […]

March 30th, 2016 | Posted in Energy,Gulf News,Headlines | Read More »

Kuwait and KSA Agree on Reopening Al-Khafji Oil Field

Kuwait and Saudi Arabia have reached an accord to begin production at the jointly operated Al-Khafji oil field where production was halted in October 2014 but differences still remain over the Wafra oil field. The announcement was made by Kuwaiti Finance minister and acting oil minister Anas al-Saleh during a parliamentary debate on Tuesday. He […]

March 30th, 2016 | Posted in Energy,Gulf News,Headlines | Read More »

Qatar: UK, US Eye Stronger Ties with Doha at Dimdex

British defense secretary Michael Fallon and US Embassy’s Chargé d’Affaires Ryna Gilha in Qatar have both hailed the Gulf State as a key partner and ally in the Middle East for their respective countries. The two officials who were attending the opening of the 5th edition of the Doha International Maritime Defense Exhibition and Conference […]

March 30th, 2016 | Posted in Gulf News,Headlines | Read More »

Yemen: Houthis and Coalition Exchange Prisoners, 9 for 109

The Saudi-led military coalition and the Houthi Movement swapped prisoners on Monday ahead of the scheduled ceasefire on April 10 and the peace talks to commence eight days later in Kuwait. It is the second prisoner exchange of the month and a statement from the coalition hoped that the relative calm in the country in […]

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

Egypt: Sisi Sacks Chief Auditor after Controversial Report

The head of Egypt’s Central Auditing Authority (CAA) Hesham Geneina was sacked after a report by the independent body alleged mass corruption in Egyptian state institutions. His sacking was announced in a presidential decree aired on TV Monday evening, but his lawyer said Geneina is yet to receive a formal notification. The controversial report covered […]

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

Israel: Supreme Court Rules against Leviathan Agreement

Hopes to begin production at the Leviathan gas field were shattered after the Supreme Court ruled 4-1 against the stability clause that was part of the agreement reached between the government and two companies namely Texas-based Noble Energy and the Israeli Delek Group. Prime Minister Netanyahu deplored the ruling as a “decision that severely threatens […]

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