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The political turmoil in the Gulf and the drop in international oil prices are not affecting the UAE’s economy nor Abu Dhabi’s economic diversification plans, Khaldoon Al Mubarak, CEO of Mubadala, a sovereign fund with around $125 billion of assets Read more
Iran and Turkey Sunday bolstered commercial ties with Qatar, isolated by its regional neighbors over alleged support for terrorism, under an agreement signed Sunday. The agreement underlines greater cooperation between the three coungtries, announced the Iranian state television. According to Read more
Lebanese Prime Minister Saad Hariri Sunday confessed to a Saudi media that his country cannot do anything to numb Hezbollah’s might adding that a solution can only come from regional powers, Middle East Monitor reports. “The solution for Hezbollah’s arms Read more
A Cairo court Sunday ordered the release of 17 people, part of as many as 57 individuals, arrested last month and accused of homosexuality and incitement to debauchery, judicial sources revealed. The men faced paying a fine of $285 or Read more
Saudi Crown Prince Mohamed bin Salman, aka MbS, who was hosting a meeting of top defense officials of Muslim-majority countries Sunday in Riyadh, urged for stronger action to erase terrorism from the surface of the earth. The Sunday gathering, held Read more
Iraq announced that it plans to build a new pipeline that will ship oil from Kirkuk’s oilfields to the Ceyhan port in Turkey, in an attempt to reduce dependence on the pipeline crossing the territories under the administration of the Read more
Bolstered by the setback of the Kurdish independence endeavor in Iraq, Ankara is set to halt US support for the Kurds of Syria who have been emboldened by their recent inroads against the Islamic State. During the Sochi summit convened Read more
King Mohammed VI of Morocco started Sunday a work and friendship visit in Côte d’Ivoire, where he will attend the Europe-Africa summit to be convened in Abidjan next Wednesday and Thursday (Nov. 29-30). The participation of King Mohammed VI at Read more
Despite the economic blockade imposed by its neighbors and a plunge of crude prices, Qatar’s economy is still projected to expand by 3.1% in 2018 up from 2.5% in 2017. The real GDP growth is expected to pick up on Read more
Iran is set to demonstrate its ability to project power far beyond its shores with the sending of a warship to the Gulf of Mexico. In his first press conference in Tehran since being appointed, Navy Commander Rear Admiral Hossein Read more