Leading News Source For Middle East
Lebanon’s leading prosecutor into Beirut port blast has issued new arrest warrants against two officials and three Syrian workers, The New Arab reports citing a judicial source. “Investigating judge Fadi Sawan interrogated director of land and maritime transport, Abdel Hafiz Read more
The World Bank has approved a $500 million loan to Turkey to support small- and medium-sized enterprises (SMEs) affected by the covid-19 pandemic to keep afloat. The loan to be released under the Turkey Emergency Firm Support Project will be Read more
Saudi Arabia’s energy giant has discovered two oil and gas fields in the northern regions of the Gulf country. The oil field, according to Energy Minister Prince Abdulaziz bin Salman Al-Saud, lies to the south east of the northern city Read more
Public listed investment company headquartered in Abu Dhabi, Waha Capital, has launched its third fund with capacity in excess valued at $500 million, Trade Arabia reports. The fund, Waha Islamic Income Fund SP, will invest in sharia-compliant assets across the Read more
Risk of water-borne diseases is rising in Beirut, in the aftermath of the devastating explosion in early August, the UN Children’s Fund (UNICEF) has warned, calling for urgent action to ensure families and responders have access to safe water and Read more
Two rockets fell near Baghdad International Airport on Sunday few days after two other rocket attacks hit the Iraqi capital. The attack by Katyusha rockets, according to the defense ministry, made casualties and has not been claimed by any group Read more
Saudi Arabia’s energy giant Aramco has named a new CEO for its $500 venture capital and investments arm, Gulf Business reports citing sources with knowledge of the matter. The new appointee, Mahdi Aladel, former head of the company’s base oils Read more
Turkey will fix a Bangladeshi naval vessel damaged in the deadly blast at Beirut port, which occurred early this month. The gesture was announced by the Turkish defense ministry. “BNS BIJOY of the Bangladesh Navy, which was damaged in the Read more
Bahain’s High Criminal Court has handed five years in jail to three officials of private money retailer Future Bank in money laundering cases that have also implicated the Central Bank of Iran and other banks, Bahrain News Agency (BNA) has Read more
Turkey has called the U.S stop blacklisting “democratic” Palestinian movement Hamas for the sake of peace in the Middle East. “Declaring the legitimate representative of Hamas, who came to power after winning democratic elections in Gaza and is an important Read more