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There are doubts over whether the operations and ownership of financial institutions in the Middle East and North Africa are heading for a change after unusual buy out deal was announced at a company in the United Arab Emirates. The Read more
With the year almost coming to an end, the Chairman and CEO of Istanbul Stock Exchange, Ibrahim Turhan, revealed that up to 18 additional initial public offerings (IPOs) could be on their way. This number could be tripled because according Read more
Iran’s controversial nuclear program has resurfaced. This time around, Tehran is accused of destroying evidences at the Parchin military site. The site has been clouded with suspicions and the United Nations nuclear inspectors want to visit it as part of Read more
In a major boost to Jordan’s research and health sector, a newly developed bio-absorbable coronary stent has been produced by a Jordanian based company. The Abu Sheikha Drugstore announced that it has developed what it describes to be the first Read more
The West Bank has been rocked for several days by protests and demonstrations against the harsh living conditions endured by Palestinians who can no longer cope with rising prices and economic hardships that were worsened by the austerity measures introduced Read more
Plans are in the pipeline for the launching of an Initial Public Offering (OPI) by the Al Izz Islamic bank in Oman. At present, the bank is under formation and it will be the second Islamic bank in the Sultanate. Read more
During an exclusive interview, Khalaf al-Habtoor, chairman of the Al Habtoor Group, said he expects the group to obtain 850 million dirhams ($231 million) in profit this year before pointing out that they are looking forward to raising as much Read more
After Prime Minister Benjamin Netanyahu suddenly brought an end to Israel’s security cabinet meeting because of the leaks he dubbed to be the state’s top secret to be a betrayal of the nation’s trust. A senior Israeli security cabinet member Read more
One of Libya’s most wanted men, Abdullah Senoussi, has been extradited by Mauritania. He was the former intelligence chief under the former regime. Mr. Senoussi was arrested in March on his arrival in Mauritania in a flight from Casablanca, sparking Read more
Taher Touati, the Algerian vice-consul in Mali, who was captured and kidnapped alongside seven diplomats when the Algerian consulate in Gao, Mali, was attacked in April by the Movement for Oneness and Jihad in West Africa (MUJAO) has been executed Read more