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The Jordanians will provide special English language training and technical aviation training for Iraqi Air Force technical personnel. This $370 million training, to be completed by August 2013, is funded by the Pentagon. This one-year training, to be carried out Read more
Morocco and Jordan have received over $ 8 billion financial assistance from the International Monetary Fund to help the two countries economies withstand the fallouts of the political turmoil and popular unrests rocking the MENA region. A $ 6.2 billion Read more
Turkey’s military and Kurdistan Workers’ Party (PKK) forces have clashed after the latter attacked military outposts in the province of Hakkari which is a border town close to Iraq. . PKK’s attack is seen as a response to Turkey’s large Read more
A whole lot of activities are going around the Syrian war as both parties remain reluctant to give up on their objectives. The situation has been stretching on for 17 months with no sign of peace any time soon as Read more
The influx of refugees continues as the tension between government forces and the rebels is far from ending. This number of refugees in Algeria may be attributed to the lack of visa requirements between the two countries. The country has Read more
A new Islamic bank, Al Izz Islamic bank, in Oman which also stands as the only dedicated Islamic bank in the country will be receiving a bulky investment fund from the Aabar Investments in an announcement delivered during the unveiling Read more
Spanish oil engineering company Tecnicas Reunidas has won an $800m deal to build part of a petrochemical complex in Saudi Arabia. The deal for the Chem-III project, in the Jubail Industrial City II, was awarded to the Spanish company by Read more
Despite the military combats going on in the southern part of the country and the recent occupation of the premises of the interior minister, Yemen’s economy has received a boost as it delivers it first oil shipment from the Maarib Read more
On Throne day, the kingdom’s King marked the 13th anniversary by delivering a speech in honour of the occasion; and challenging the current government to attract sovereign funds from the countries in the Gulf as the region’s economy experiences hard Read more
Six companies seized by the Tunisian government from relatives and close aides of the former regime will have their shares sold. Six companies are part of a whole lot of companies and assets seized from 114 people. The announcement of Read more