Home » November 30th, 2018 Entries posted on “November, 2018”

Jerusalem, Palestinian cause are at the core of the Middle East conflict

King Mohammed VI of Morocco and Chairman of Al Quds Committee of the Organization of Islamic Cooperation, has renewed his firm commitment to continue defending Al Quds and the Palestinian cause, which are at the core of the Middle East conflict, pointing out that these issues have always been a major concern for him personally […]

November 30th, 2018 | Posted in Headlines,World News | Read More »

Turkey: VW mulling plans to manufacture cars in Ford’s Turkey plant

US carmaker Ford Motor Company and German automotive Volkswagen (VW) are discussing partnership plans that could lead to the production of some models of the German commercial vehicles in the American firm’s plant in Turkey. “Ford and VW have been negotiating joint vehicle development and production for a while. The two sides have not finalized […]

November 30th, 2018 | Posted in Headlines,World News | Read More »

KSA: State-owned electricity SEC signs $2.15bn revolving credit facility with 8 international banks

Saudi Electricity Company (SEC), the largest electricity company in the Arab world, inked Thursday a deal for a $2.15-billion revolving credit facility with eight international financial institutions that have agreed to support the utility company expand its public work. The credit will be granted by Abu Dhabi First Bank, Mizuho Bank, MUFG Bank, Standard Chartered […]

November 30th, 2018 | Posted in Finance,Headlines | Read More »

Palestine: CNN gets rid of veteran contributor Marc Lamont Hill over pro-Palestinian remarks

US TV channel CNN has fired one of its longtime commentators, Marc Lamont Hill, for “rebuking Israel” and calling for “a free Palestine”, in a speech at the United Nations. CNN spokeswoman, Barbara Levin, announced Thursday the sacking of media professor at Temple University in the wake of a speech viewed by Israel’s advocates as […]

November 30th, 2018 | Posted in Headlines,World News | Read More »

Iraq: Former Trade Minister handed a seven-year prison sentence over graft

A court in Baghdad has pressed seven years in prison each against a former trade minister and two former officials of his department after they were indicted for embezzling up to $14.3 million. The Special Court for Crimes against Integrity “reached the sufficient threshold of proof, and sentenced each official to seven years in prison”, […]

November 30th, 2018 | Posted in Headlines,World News | Read More »

Palestine: Hamas Chief invited to visit Moscow

Hamas top leader Wednesday said he has received from Moscow an invitation to visit Russia. Ismail Haniyeh’s office said the invitation was delivered by a visiting Russian diplomat. Unlike the United States, Israel and the European Union, Russia does not view Hamas, the Islamist movement running the Palestinian enclave of Gaza, as a terrorist organization. […]

November 29th, 2018 | Posted in Headlines,World News | Read More »

Gulf Crisis: Qatar still expecting invitation for Riyadh GCC summit

Qatar has said it is still expecting a formal invitation for next month summit of the Gulf Cooperation Council (GCC) to take place in Riyadh, Saudi Arabia. Media Bureau spokesman Al-Sayed Hassan told Russian Sputnik agency that Doha hasn’t yet received an official invitation to take part in the regional summit. “We are working closely […]

November 29th, 2018 | Posted in Gulf News,Headlines | Read More »

KSA: Public Investment Fund launches Wadi Al Disah project

The Saudi Public Investment Fund (PIF) has unveiled its flagship sustainable tourism development project, Wadi Al Disah Development, within the Prince Mohammed bin Salman Natural Reserve, southwest of Tabuk region. Wadi Al Disah (valley of palm trees in Arabic), will be located between Saudi Arabia’s futuristic, Neom city, the Red Sea Development Project Amaala and […]

November 29th, 2018 | Posted in Gulf News,Headlines | Read More »

Russia’s leasing company GTLK opens Middle East, Africa office in Dubai

Russia’s largest leasing company GTLK has recently opened its third overseas office in Dubai to serve the Middle East and Africa. Controlled by the Russian government represented by the ministry of transport, GTLK leases air, water and rail transport, automotive and special equipment for domestic enterprises of the transport industry, as well as invests in […]

November 29th, 2018 | Posted in Finance,Headlines | Read More »

Morocco’s King, determined to follow in the steps of late Sheikh Zayed, Hassan II to foster bilateral ties

King Mohammed VI of Morocco has underlined his steadfast determination to follow in the steps of the late Sheikh Zayed Bin Sultan Al Nahyan and the late King Hassan II to foster the longstanding bonds between the UAE and Morocco. King Mohammed VI’s remarks came in a message he sent to a symposium held Tuesday […]

November 28th, 2018 | Posted in Headlines,World News | Read More »