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Oman’s Ministry of commerce and Industry has taken the decision to stop the merger of HSBC Oman and Oman International Bank (OIB). The decision will temporarily stop the merger because an India-based businessman has raised issues against HSBC via a Read more
The Baghdad talks have come to an end after an unscheduled additional day to pursue discussions after no agreements were made. Both parties involved in the talks came up with their own proposals which led to another rendezvous in June. Read more
According to many monitors, the turnout rate for Egypt’s election is expected to be the highest ever as it draws long lines in polling stations around the country. For many observers and analysts, Mohamed Morsi, the main Islamist contender for Read more
There are hopes that the 11 Lebanese men kidnapped in Syria will soon be on their way home according to Lebanon’s Foreign Minister, Adnan Mansour. He acknowledged that the negotiations with the abductors are going on and they have been Read more
Qatar has a decade left on its stopwatch before the FIFA World Cup takes centre stage in the Gulf and the whole world’s eyes will be on them. Works have been going on to get everything set for the tournament. Read more
After two extradition requests from Libya, Baghdadi Mahmoudi will soon be handed over to the Libyan authorities. Tunisia’s extradition decision has been criticized by human rights groups and lawyers. Mr. Mahmoudi served as a Prime Minister from 2006 till the Read more
Bahrain has become the first country in the Gulf region to engage in a smart solar energy project after it signed a deal with Petra Solar, a specialized US company in providing reliable, cost effective smart energy solutions to the Read more
Political campaigns have come to an end in the run up of the first presidential elections in Egypt after the ousting of Housni Mubarak. All political parties and independent candidates are now banned from having public activities. The ban is Read more
It has clocked 45 years now since Israel took control of the Arab Eastern sector during the Six-Day War and celebrations were held all over the country especially in Jerusalem. The traditional flag march was held to commemorate the reunification Read more
Sudan has decided to release four foreigners that it has arrested in the contested areas after the intervention of Thabo Mbeki. They have been under Sudan’s detention for more than three weeks. They are accused of aiding their neighbours, South Read more