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During an interview on Channel 2 News, President Mahmoud Abbas response to a question saying “I want to see Safed. It’s my right to see it, but not to live there,” has led to widespread criticism and demonstrations. He also Read more
Abu Dhabi Oil Refining Company (Takreer), a subsidiary of Abu Dhabi National Oil Company (ADNOC), has concluded an EPC (Engineering, procurement and construction) agreement deal with the South Korean engineering giant Samsung for the construction of a carbon black and Read more
Banks in Oman fear that the restriction on the money market instruments to be introduced in preparations for the introduction of Islamic finance by the end of the year might affect fund and profit management. The draft of the rules Read more
Jordan’s Royal Air Force’s national air command, control and communications infrastructure will undergo a major modernization process to be done by Lockheed Martin Corporation. The project which is worth $26 million was awarded to the company by the US Air Read more
Iraq has been struggling to satisfy the energy demands of the country as well as increase its oil output despite the cross-carpeting of oil companies towards the semi-autonomous region of Kurdistan. An investment development plan by an Italian oil and Read more
As government forces intensify their aerial attacks, the opposition might soon be going through in what could be considered as a reform after the US secretary of state, Hillary Clinton, said that the opposition factor called the Syrian National Council Read more
In a move to assure the stabilization of its economy, Iranians won’t be able to send gold and golden coins out of their boundaries from now. The government is trying to limit its flow out of the country as it Read more
The equivalent of 18,704 tons of live bluefin tuna, a protected species subjected to fishing quotas, were traded via Panama between 2000 and 2010, without being reported to the International Commission for the Conservation of Atlantic Tunas (ICCAT) – the Read more
Fitch Ratings, a credit rating firm, has started raising eyebrows about the ongoing issues in Kuwait and has decided to alert the country’s officials. Kuwait received a warning from the firm citing that despite the nation’s strong balance sheet, the Read more
Abu Dhabi Islamic Bank (ADIB) is considering a sale to boost its core capital ratios ahead of an investors meeting on Wednesday. It’s the largest sharia-compliant lender by market value in Abu Dhabi and rarely issue sukuks. A source at Read more