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After almost a week as the new king of Saudi Arabia, Salman has signed more than 30 decrees amongst which is the reshuffling of the cabinet, the merging of the Education Ministry and Higher Education Ministry and also brought an Read more
Kuwait has started to feel the pinch of oil prices collapse as evidenced by the cabinet’s decision to cut the next budget by nearly 18% compared to the current one. Finance Minister Anas al-Saleh said the decision is dictated by Read more
Oman’s Oil Minister Mohammed Al-Rumhy has strongly criticized the Organization of Petroleum Exporting Countries (OPEC) for maintaining their level of production despite the continuous fall of global oil prices. Oman is the largest Middle Eastern oil producer that’s not a member of Read more
Spanish company Indra will provide Saudi Arabia contactless ticketing systems for a new public transportation project currently under construction in Riyadh. Under a $ 314 million deal sealed with the Saudi transportation authority, Indra will supply the Saudis with its Read more
After more than three weeks in custody, Sheikh Ali Salman, head of the al-Wefaq movement, has been charged with “promoting the overthrow and change of the political regime by force.” Prosecutor Nayef Mahmud stated that the politician confessed to have “contacted Read more
The GDP growth rate of the Gulf Cooperation Council (GCC) is expected to reach between 4 and 5 pc for the next three years, according to a forecast by the Economist Intelligence Unit in its latest report. Consumer spending is Read more
Bahraini Prime Minister Prince Khalifa arrived in Kuwait on Sunday on a one day visit to hold talks with authorities amidst the rising insecurity in the region. His visit will focus on strengthening cooperation and coordination between them as part Read more
Sheikh Ali Salman, the leader of al-Wefaq, Bahrain’s main opposition party, has been arrested after being interrogated at the Interior Ministry. His arrest is being linked to the Friday protests against the parliamentary elections held in November. Al-Wefaq boycotted the Read more
Speaker Mohammed Ahmed Al Murr of the Federal National Council (FNC) of the United Arab Emirates (UAE) has reacted to the comments made by a member of the Kuwait’s Muslim Brotherhood on the state’s National Assembly channel. Member of Parliament Read more
The Middle Eastern countries continue to feed the growth of the world military industry. Emboldened by the oil revenues, these countries, including Turkey, spent about $170 billion on defense in 2013, according to a report released by the Stockholm International Read more