Leading News Source For Middle East
The Algerian Presidency Wednesday said adulterated fuel scandal in Lebanon, in which the national oil company Sonatrach is mentioned as part of the scandal, is an internal Lebanese affair. The CEO of Sonatrach Petroleum (SPC), a subsidiary of Sonatrach, and Read more
Mohammad Charchafchi, Kuwait’s most prominent businessman has injected $18 million in Gulf Cable & Electrical Industries Company becoming therefore major shareholder, reports say. The investment gives Charchafchi five per cent of the company controlled by Bader Nasser Al Kharafi, the Read more
Abu Dhabi-based state-run Etihad Airways has announced redundancies as the airline strives to remain afloat in face of covid-19 adverse impacts. Etihad did not communicate how many employees have been laid off and which departments have been affected but Middle Read more
Saudi finance ministry announced Monday the kingdom the value added tax (VAT) rate will increase from 5 % to 15 % from July 1 as part of austerity measures taken to prop up the economy hit by the impacts of Read more
The Union of Arab Football Associations, UAFA, is poised to complete the suspended Arab Champions Cup, dubbed the Mohammed VI Cup and is waiting for Morocco and Saudi Arabia to lift state of emergency measures, reports say. The competition was Read more
Abu Dhabi-based Etihad Airways will operate from May 9 from selected cities from around the world to limited flights to enable UAE residents to return home, the airline has said. The all one-day flights have been approved by the government. Read more
Saudi Arabia has announced resumption of the flights between the kingdom and the United States amid ongoing repatriation of Saudi citizens. The kingdom’s ambassador in Washington, Princess Rima Bint Bandar made the announcement, The New Arab reports. The daily flights Read more
Two aircraft from the national carrier Egypt Air were dispatched Tuesday to Kuwait to fly out Egyptian citizens stranded in the Gulf country, which is facing an increase in the number of covid-19 infections, Egyptian Streets reports. An unidentified number Read more
Head of the Lebanese powerful Shia movement Hezbollah Monday criticized Germany for blacklisting the movement, arguing that the Iran-backed group does not operate in the European country. Hassan Nasrallah in a televised speech said Germany’s last week decision was made Read more
The German Interior Ministry Thursday put Lebanese powerful Shia movement, Hezbollah, on its shortlist of terrorist group few year banning its military wing, Anadolu news agency reports. Interior minister, Horst Seehofer, according to the ministry ordered ban on movement’s activities Read more