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If the quotes of a prominent Saudi businessman are anything to go by, a number of the gulf state’s investors may be obliged to pull their investments out of Egypt by the year-end, according to the business daily, Al-Eqtisadiah. Current Read more
Bashar Assad has warned countries willing to arm the rebels fighting against his government that they “will pay a price” if they go ahead with their plan, as he rejected accusations of using chemical weapons. The United States has announced Read more
Metito, United Arab Emirates-based water and waste-water specialist, has announced that it has made progress as part of its expansion project, after securing long-term financing to support expansion plans in Indonesia, Egypt and China. Abu Dhabi-based Gulf Capital, and the Read more
The White House has stated that Syria has finally crossed the “red line”, thereby obliging it to increase the “scale and scope” of its support to the opposition forces. The US government claims that nerve agent Sarin gas has been Read more
Morgan Stanley Capital International (MSCI) added Qatar and the United Arab Emirates to its list of emerging markets benchmark, as part of a reclassification process that led to a rise in the stock exchange of the two countries. MSCI’s decision Read more
Abu Dhabi’s Department of transport concluded a deal with United Kingdom’s Department for Transport in a bid to facilitate cooperation between them in the field of transportation, with both parties eying future cooperation in areas such as the exchange of Read more
The United States is providing its allies in the Middle East, and especially those in the Persian Gulf, with techniques to strengthen their cyber defenses in order to counter growing attacks from Iran. According to senior American officials, the US Read more
A report published by Economist Intelligence Unit has stated that Dubai is expected to become MENA’s most competitive city by 2025 and 23rd globally. The Hot Spots 2025: Benchmarking the Future Competitiveness of Cities report, commissioned by Citi, claims that Read more
Rami Hamdallah, the head of al-Najah University in the West Bank city of Nablus, has been nominated by President Mahmoud Abbas as the new prime minster and has been tasked to form a new government. Hamdallah also served as the Read more
Israel’s defense is concerned about the delivery of Russian anti-aircraft missiles to Syria and has said that they will act if the plan goes on. Defense Minister Moshe Yaalon’s comment is in reaction to Russia’s decision to provide the state-of-the-art Read more