Leading News Source For Middle East
Jordan’s national carrier will decide during the first quarter (Q1) of next year the manufacturer that will supply the 23 aircrafts it needs to revamp and expand its fleet, CEO of the airline told Reuters in an interview. Three manufacturers, Read more
The UN agency for support to agricultural development, International Fund for Agricultural Development (IFAD) will set up its sub-regional office in Istanbul following an agreement with Ankara. The agreement, according to Donald Brown, IFAD’s associate vice president, program management division, Read more
Emir of Qatar Sheikh Tamim bin Hamad al-Thani Tuesday said Qatar’s economy has grown stronger despite the sea/air/land blockade his country has been facing for over one year as a result of diplomatic rift with four Arab countries, led by Read more
Dubai Holding is on the verge of acquiring minority equities in Azadea Group based in Beirut, Lebanon and which operates Zara clothing and Virgin Megastore chains in the Middle East, Bloomberg reports citing sources who were not allowed to speak Read more
Bahrain will host early December the international Chocolate & Coffee Expo Exhibition 2018 that will gather 11 countries from around the world. The event will kick off on December 6 with the participation of five Arab countries (Bahrain, Saudi Arabia, Read more
Dubai-based Aw Rostamani Group has announced the acquisition of majority equities in UK-based car retailer, Brayleys Motor Group (Brayleys) in its move to “strengthen its global footprint through strategic acquisitions. “We have been assessing various options for investments and identified Read more
Saudi authorities freed Saturday the brother of billionaire Al Waleed bin Talal after an 11-month detention in the crackdown on corruption campaign, which targeted over 200 individuals including 11 princes, business tycoons and high ranking officials. Prince Khalid bin Talal Read more
The Iranian Foreign Ministry has said it summoned Denmark’s envoy and protested against the naming of the Iranian state in an alleged assassination plot that targeted a Danish citizen of Iranian origin who has been very critical of Tehran. “In Read more
Manama-based alternative investment products firm, Investcrop, has said it acquired five industrial units in Scotland for a $14.6 million investment as part of its expansion strategy across Europe. The entity said it bought 200,000-sq-ft industrial units comprising several sectors including Read more
Jordanian Ministers of education and tourism have resigned as pressure mounts on the cabinet to investigate the death of at least 20 people, mostly junior secondary school students, during an excursion to Al-Miyah al-Sakhina near the Dead Sea, last week. Read more