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The 2 day talks concerning Iran’s nuclear program ended in a standstill at Moscow with another rendezvous wished but the date is yet to be chosen. Iran is accused of having military ambitions but it has maintained that the program Read more
With reference to a rating statement from Moody’s, Tamweel is on the verge of beginning a project based on the sale of a mortgage-backed sukuk (Islamic bond) secured in the emirate and related receivables to gather an amount of $235 Read more
Preparations have already begun for the sixth edition of Gulf Industry Fair (GIF), the Northern Gulf’s premier business-to-business (B2B) industrial expo, from January 15 to 17 next year. The event will be held in Bahrain and it will be hosted Read more
Political tensions is mounting in Kuwait reaching unprecedented levels threatening the stability of the oil-rich Gulf state, one of the major allies of the US and the West in the region. Skirmishes between cabinet members (controlled by the Al-Sabah ruling Read more
In relations with the Memorandum of Understanding concerning the establishment of a manufacturing facility signed during the Dubai Airshow in 2011 between the Moroccan government and Bombardier Aerospace has now been transformed in to practice when it was announced by Read more
One of OMZEST (Omar Zawawi Establishment) Group’s subsidiary known as Riyam Computer Services (RCS) has concluded a partnership deal with QGroup, a German based company. Both of the two companies are actors in the Information Technology sector. As far as Read more
The government forces have gained significant grounds against Al-Qaeda-linked Ansar Al-Sharia in their last confrontations which forced them to abandon two of their major strongholds; Zinjibar and Shaqra. The militants of the Ansar Al-Sharia have now regrouped in a town Read more
The military personnel have regained the rights to arrest civilians after a decree from the justice minister was published on the 13th of June. The new decree will come in to effect on Thursday and will reinstate the rights which Read more
Iraq has been rocked again by a new wave of car bombs and terror blasts killing on Wednesday at least 63 people and wounding several dozens during the Shiite annual pilgrimage processions. According to Iraqi security officials, these attacks, the Read more
Sadara is a petrochemical joint venture between oil giant Saudi Aramco and Dow Chemical. Sadara will soon announce a Sukuk project according to close sources. There are claims that the move is in line with Sadara’s bid to raise billions Read more