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Mahmood Sharif Mahmood, an advisor at the Gulf state’s ministry of foreign trade has given reasons why the UAE has put a temporary halt to its investments plans in countries hit by the Arab Spring. He said that they are Read more
Addressing members of the third annual seminar on weapons of mass destruction and hazards posed by nuclear incidents, the Secretary-General of the Gulf Cooperation Council (GCC) Abulatif Al-Zayyani said they will be setting up a nuclear radiation monitoring center which Read more
Qatar International, a Qatari joint venture grouping Qatar Steel and Qatar Mining, will build a $2 billion steel plant in the Algerian eastern province of Jijel. The Qatari firm will be holding a 49 percent stake in the plant and Read more
The airline industry has been massively developing in the MENA forcing the airports to expand in order to keep up with it. Iraq is not left behind in developing its infrastructure as it struggles to attract more investment into the Read more
Following months of a threatened stability, the interior ministry has released a statement revoking the citizenship of 31 opposition activists accused of planning to go against the state and the cabinet showed its unanimous support and promised to eradicate terrorism Read more
Britain’s Prime Minister David Cameron two-day visit in the United Arab Emirates which concentrated on ways of boosting economic ties, with special emphasis on the defense industry as it could be remarked in their released joint statement has come to Read more
As part of its codeshare expansion program, Oman Air has revealed that it is in advanced talks with Royal Jordanian for a similar agreement. It can be recalled that in June this year, the Chief executive of Oman Air, Wayne Read more
The 8th edition of the Kuwait Energy and Infrastructure Projects Conference began with more than 200 local and international delegates and experts from 30 different countries. During this four-day conference, discussions will be centered on Kuwait’s 2030 Oil & Gas Read more
After going through difficulties which resulted to the accumulation of more than $3.95bn in debts due to the production of electricity from fuel rather than gas that used to be imported from Egypt has forced Jordan to look for other Read more
Banks in Oman fear that the restriction on the money market instruments to be introduced in preparations for the introduction of Islamic finance by the end of the year might affect fund and profit management. The draft of the rules Read more