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U.S. Secretary of State John Kerry has revealed a $4 billion U.S. plan to boost the Palestinian economy at the end of the World Economic Forum held in Jordan. The news got mixed feelings among the Palestinian leaders. Former British Read more
Hamad Al Amer, Undersecretary for Regional Affairs of the Gulf Cooperation Council (GCC) has described the statements made by Iran’s Deputy Foreign Minister for Arab and African Affairs Hussain Amir-Abdollahian as “irresponsible” and in contradiction with the principles of the Read more
The Israeli government has begun a legal process that could lead to the authorization of four settlement outposts just a few days before the arrival of Secretary of State John Kerry to begin peace talks. The move has been condemned Read more
The Managing Director of Iran’s National Petrochemical Company (NPC), Abdolhossein Bayat, said that the country will be controlling 41% of regional petrochemical production in the next 7 years, during his speech at the opening ceremony of the 10th International Petrochemical Read more
Gasoil re-exporting to Syria from Lebanon is undergoing a major setback with only one dealer remaining in the business, conducted under a dangerous atmosphere and also being discouraged by bank policies. Lebanon’s trade deficit confirmed the trend. Interestingly, the quantities Read more
Ooredoo Qatar has become the first network company in the Middle East to have an IPX+ enabled network, using Tata Communications IPX+ platform, thereby providing it with the latest technology innovations in mobile broadband service delivery and management, according to Read more
Saudi Arabia’s Capital Market Authority (CMA) Chairman, Mohammed bin Abdulmalik Al-Sheikh, said they are working on the final stages of a regulatory framework which will give opportunity to foreigners to own stocks in the kingdom. The move is geared towards Read more
Syria’s internet connection has been disconnected from the World Wide Web since Tuesday and no authority has claimed responsibility. This is the second time the country is experiencing such a shutdown after the first disconnection occurred in November last year. Read more
Delegations from Palestine and Israel headed by President Mahmoud Abbas and Prime Minister Benjamin Netanyahu respectively will be meeting in China this week. The government is willing to set up a meeting for the two parties to discuss their long Read more
United Nations Compensation Claims Commission Chief Khaled Al-Mudhaf, has reminded Iraq of its duties to honor its dues, after failing to pay the remaining compensation it owes to Kuwait, as reparations for the invasion under Saddam Hussein’s regime in 1991, Read more