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The Turkish Army has released a statement claiming the violation of their airspace by an Israeli aircraft. The release said the incident took place over the Turkish Cyprus airspace. The Israeli fighter is said to have violated the Turkish airspace Read more
Iran is urging citizens to protest against what the members of the Gulf Cooperation Council (GCC) discussed in Riyadh about forming a regional union to enhance economic, political and military coordination. The proposed union is tagged by Iran as a Read more
A deal has been signed between the Oman Oil Marketing Company (Omanoil) and one of the world’s leading airline, Etihad Airways. Omanoil will now be tasked with providing jet fuel to the company’s aircrafts landing in Muscat International Airport. It Read more
People trying to obstruct the implementation of the political transition in Yemen will have their us-based assets frozen. According to press reports, President Obama is about to issue today an executive order in this regard. The order targets people, including Read more
Ranked fourth in the world and having more than 6 trillion cubic meters of gas, the United Arab Emirates has received the nod from its Federal Cabinet to join the Gas Exporting Countries Forum (GECF). The Federal Cabinet meeting held Read more
Financial markets may reject Spain’s financing requests if it fails to curb the deficit. The warning was expressed by Prime Minister Mariano Rajoy before Parliament Wednesday. He said unless the Parliament endorses the deficit cuts he proposed, there is serious Read more
Actions that took place during the revolution in Libya have once again surfaced with the run up to elections. NATO helped the Libyan rebels to topple the regime but a recent report from Human Rights Watch (HRW) is scolding NATO Read more
The high profile summit between member states of the Gulf Co-operation Council (GCC) ended without any agreements being signed. Instead, another summit has been arranged and it will be held in Bahrain in December. The Riyadh summit chaired by the Read more
Sold in 2006 through a public tender by the government of Bahrain, the Hidd Power Company was bought by the GDF Suez Energy International and Sumitomo Corporation, a consortium of International Power. The International Power has recently officially announced the Read more
Turkey’s has started drafting a new constitution aimed at consolidating the Ottoman state’s democracy and good governance to break its link with past military experiences. The current military constitution is criticized of restraining freedom. The new one will be making Read more