Leading News Source For Middle East
Egyptian financial authorities are planning to sell plots of land in a bid to raise as much as $15 billion to help reduce budget deficit expected to reach this year $ 23.9 billion, about 8.7 pc of GDP of the Read more
Saudi Kingdom, world’s major oil producer and exporter, has decided to arm and help Syrian fighters stand up the brutal crackdown of the regime of president Bachar Al Assad, according to an Arab diplomat. “Saudi military equipment is on its Read more
At least 45 people were killed and more than 200 injured in a series of car bombings and shootings that rocked Tuesday several regions of Iraq. These coordinated attacks, which occurred in Baghdad, Hillah, Karbala and Kirkuk and other cities, Read more
Arab interior ministers have agreed to enhance cooperation and joint actions to combat terrorism, drug & weapons trafficking, transnational crime and money laundering. During their latest meeting held in Tunisia, the ministers discussed joint security challenges, the terrorist threats posed Read more
The United Arab Emirates is planning to build a US$3.3 billion solar park designed to produce 1,000 megawatts of power by 2030. The first bids for the construction a 10-megawatt unit will be issued during the 3rd quarter of 2012 Read more
France has announced a $13 million financial assistance to the Palestinian authority to help it carry out a desalination project in the isolated Gaza strip. This project, which has been approved by the Union for the Mediterranean, will enable Palestinians Read more
The second North African conference on borders security will be held in Morocco by the end of 2012. The decision was made Monday by participants at the end of a two-day conference held in Tripoli (Libya) to look into several Read more
The United Arab Emirates (UAE) mulls building four new nuclear power facilities next year with the help of South Korea, in addition to the four already being built. To meet the rapidly increasing energy demands, the UAE state-owned Emirates Nuclear Read more
Saudi Arabia is the first Arab country to make most registered patents in 2011, says the World Intellectual property organization (WIPO) in its annual report. Saudi Arabia tops the list of registered patents in the Arab World totaling 147 patents, Read more
A Saudi diplomat was shot dead Tuesday in the Bangladesh capital of Dhaka by unknown assailants, according to local police. The diplomat, khalaf Al Ali, was gunned down near his home. He died few hours later in a nearby hospital Read more