Leading News Source For Middle East
Egypt will be receiving crude oil and natural gas surpluses from Iraq according to its petroleum minister Tarek El Molla after a Memorandum of Understanding was signed on Sunday between Egypt, Iraq and Jordan. The supply would be channeled through Read more
Saudi Arabia will embark on a 5year privatization program of state controlled aviation infrastructures such as airports and related services. The announcement was made by the head of the kingdom’s General Authority for Civil Aviation (GACA) Sulaiman al-Hamdan. The program Read more
The $3.4billion anti-missile system deal that was awarded to China Precision Machinery Export-Import Corporation (CPMIEC) has been rescinded by Ankara after two years of negotiations. An official from the Prime Minister’s office said “the deal was cancelled” while other government Read more
Sultan Qaboos Bin Saeed, 75, addressed the 6th term of the annual session of the state council and the Majlis Al Shura that was also attended by senior government and military officials. The Omani leader has been rarely seen in Read more
King Mohammed VI of Morocco has addressed messages of condolences and sympathy to the French Head of State François Hollande and to the French Prime Minister Manuel Valls following the horrifying terrorist attacks that were perpetrated in various districts of Read more
The Vienna II meeting on the Syrian war, attended by 17 Western and Arab States and 3 organizations, agreed on a transitional timetable without dwelling much on the role of President Assad. German Foreign Minister Frank-Walter Steinmeier said although they Read more
A New York Times report has raised questions about the United Arab Emirates (UAE) role in Libya as leaked emails show that the country may have been smuggling weapons there at least up to August, in violation of a U.N. Read more
Sukuk (Islamic bond) issuance would soon be back in the Kuwaiti financial market after the Capital Markets Authority (CMA), country’s financial regulator, issued rules to govern it this week. The practice had dropped significantly in the country because there were Read more
Iran’s deputy foreign minister for Arab and African Affairs, Hossein Amir-Abdollahian, hinted that Tehran would reconsider its participation in the next round of the Syrian talks in Vienna II scheduled to take place on Saturday if it is “accurate” that Read more
Libyan authorities in charge of the capital Tripoli said on Wednesday they have arrested and placed under investigation, a soldier from the United Arab Emirates (UAE) on suspicion of spying, after they found evidence in his documents and on his Read more