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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
As internal conflicts between tribes and militant of different camps threaten Libya’s stability raising doubts over the level of security, the government is busy in the markets trying to buy white sugar as stocks have increasingly depleted. The country’s importation Read more
Alarmed by the worsening humanitarian situation of hundreds of thousands of displaced Syrians and by their increasing numbers, the United Nations refugee agency and its humanitarian aid partners on Thursday requested an additional $295 million to help fund the refugees’ Read more
The Gulf International Bank has released updates concerning its 4bn Euro Medium Term Note (EMTN) program on the London Stock Exchange. The released prospectus of the bank which is dated the 25th of September gave details about the issuance program. Read more
As the Hajj and Umrah draw close in Saudi Arabia, the detection of a virus sharing the same family as the Severe Acute Respiratory Syndrome (SARS) virus that killed 800 people in 2002 in China is not a news to Read more
Reports are emerging of the liquidation of the investment unit of the Commercial bank of Kuwait (CBK). A bourse filing also carried a similar message saying that plans are being made. The bank’s side of the story wasn’t acquired due Read more
Following the training exercises aimed at keeping oil and shipping lanes open which begun in the Gulf concerning US and allied navies, Tehran has launched a submarine and a destroyer into the Gulf from Bandar Abbas port with orders coming Read more
A specialized oil and gas free zone will be build on a 11 million square meter land at Khor Al-Zubair area in Basra in a joint venture agreement between Iraq General Commission of Free Zones and BIOGH Basra International Oil and Read more
After two years of absence in the sukuk market, the board of the Qatar Islamic bank (QIB) has approved the issuance of another sukuk program. According to a released statement, an amount of $1.5 billion has been given the green Read more