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Saudi Arabian Public Investment Fund (PIF,) the oil-rich kingdom’s long-term sovereign investment arm, has pumped $3.5 billion into Uber and will henceforth occupy a seat as a member of the Board of Directors. The amount is the highest solitary amount Read more
UN special envoy for Yemen Ismail Ould Cheikh Ahmed called on politicians to refrain from politicizing the discussions for the release of detainees underlining that “this issue is humanitarian in the first place and should not be politicized” as he Read more
Sheikh Ali Salman, General Secretary of the Al Wefaq Islamic Society, saw his sentence increased from 4 to 9 years in prison after Bahrain’s Public Prosecution appealed for heavier sentence. Sheikh Ali is accused of promoting a forceful change of Read more
Lt. General Abdul-Wahab al-Saadi, commander in charge of the Fallujah operation, said there are “violent clashes” on the city’s outskirts as “the counter-terrorism troops along with other armed forces and Anbar (province) police have started pushing into the city” from Read more
Data released by the Saudi Arabian Monetary Agency showed that the kingdom’s foreign assets dropped by 1.1% in April highlighting that Riyadh is struggling with its finances as it is the 15th consecutive month that foreign assets are dwindling. The Read more
A meeting between Russian Foreign Minister Sergei Lavorv and the President of the Gulf Cooperation Council (GCC) Adel Al-Jubeir, Saudi Arabia’s foreign affairs minister, focused on various topical regional issues, mainly in the Middle East and North Africa, and discussed Read more
Ismail Ould Cheikh Ahmed, UN’s special envoy for Yemen, said talks being held in Kuwait are progressing but underlined that reaching an agreement for a sustainable and inclusive settlement cannot be reached overnight. He said “there is no time limit” Read more
Iraq’s Prime Minister Haider al-Abadi called for the temporal suspension of the weekly Friday protests by followers of influential Shia cleric Muqtada al-Sadr to enable the military to focus on liberating Fallujah. “We ask our dear young people to postpone Read more
In the latest developments over the Hajj feud between Iran and Saudi Arabia, the Saudi hajj ministry undersecretary Hussein Sharif said talks with an Iranian delegation on Wednesday ended on a “positive” note. The talks reviewed the “arrangements, as well Read more
Iran announced the beginning of what could be mass production for its Fajr-3, fajr-5, Falaq-1, Falaq-2 missiles and Fateh rockets as Defense Minister Brigadier General Hossein Dehqan inaugurated a production line of military fuses. The country has developed several missiles Read more