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A project expected to start trial operations in 2015 and destined to help Saudi Arabia and Egypt exchange 3,000 megawatts of electricity between them via direct current electrical lines will be undergo scrutiny once more at the Saudi Arabian cabinet. Read more
Two heavy explosions have gone off at the exterior of the Air Force Intelligence (AFI) complex in Harasta before fire exchanges took place between the rebels and members of the Air force. Al-Nusra Front, a jihadist militant group, said that Read more
Pre-feasibility studies for a major power project in southern Turkey by the Abu Dhabi National Energy Company in collaboration with Electricity Generation Company Incorporation have been accomplished. The two governments of both companies are supportive to the project in a Read more
The Organization of Islamic Cooperation (OIC) has strongly condemned the intrusion by some fanatic Jewish settlers into the Al-Aqsa Mosque and its esplanades under the watch of the Israeli forces. “It is an aggression against the Islamic Ummah”, says the Read more
As protesters and riot police clash in Tehran over the sharp falls of the country’s currency, the EU is getting ready to implement a ban on Iranian gas imports into Europe, diplomatic sources hinted. Iran’s refusal to halt its nuclear Read more
King Abdullah II has called for new elections on the eve of a planned opposition demonstration demanding reforms. The king’s royal decree is considered as an anticipation to the rally baptized by the Muslim Brotherhood as “Friday to Rescue the Read more
The International Islamic Liquidity Management Corporation which has its headquarters in Kuala Lumpur but supported massively by banks in Asia and the Middle East will be issuing its first sukuk within a few months with an Islamic principle called al-Ijarah Read more
Palestine efforts of statehood at the United Nations have been dealt another blow. Although this time around, Abbas has decided that they will opt for a status upgrade that would make it a “non-member state” like the Vatican, instead of Read more
Saudi Arabia’s national carrier, Nasair, has entered into a code sharing deal with the Etihad Airways in destinations especially across the MENA. The deal covers 26 destinations and awaits the approval of regulatory officials. It will enable the Etihad Airways Read more
Iraq’s Deputy Prime Minister for Energy, Hussain al-Shahristani, revealed the investment plans of the country to British businessmen during an investment conference in a bid to lure them into investing in the country as they struggle to rebuild from what Read more