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A project expected to start trial operations in 2015 and destined to help Saudi Arabia and Egypt exchange 3,000 megawatts of electricity between them via direct current electrical lines will be undergo scrutiny once more at the Saudi Arabian cabinet. Read more
Investment into 10 new projects estimated to be ranging from $500million to $1 billion has been earmarked by the Takamul Investment Company as a move to add value to new and existing ventures in the petrochemicals, metals and minerals sectors. Read more
Two heavy explosions have gone off at the exterior of the Air Force Intelligence (AFI) complex in Harasta before fire exchanges took place between the rebels and members of the Air force. Al-Nusra Front, a jihadist militant group, said that Read more
Pre-feasibility studies for a major power project in southern Turkey by the Abu Dhabi National Energy Company in collaboration with Electricity Generation Company Incorporation have been accomplished. The two governments of both companies are supportive to the project in a Read more
The Iraqi Shiaa-dominated government of Nuri Al-Maliki has announced the purchase of $ 4.2 billion weapons from Russia, the world’s second-biggest arms seller after the United States. The arms deal includes 30 Mi-28NE attack choppers, 42 Pantsir-S1 surface-to-air missile systems Read more
In a ceremony at Doha, Qatar 2022 Supreme Committee signed agreements with five local stakeholders’ and issued new tenders. The stakeholders with whom it signed the agreement are Qatar Rail, public works authority Ashghal, Kahramaa (Qatar General Electricity & Water Read more
A report from Arab Petroleum Investments Corp has revealed that oil producers in MENA are planning a total investment of US$740bn on energy projects over the next 5 years (2013-2017). The five countries leading the investment table are Saudi Arabia Read more
The Organization of Islamic Cooperation (OIC) has strongly condemned the intrusion by some fanatic Jewish settlers into the Al-Aqsa Mosque and its esplanades under the watch of the Israeli forces. “It is an aggression against the Islamic Ummah”, says the Read more
As protesters and riot police clash in Tehran over the sharp falls of the country’s currency, the EU is getting ready to implement a ban on Iranian gas imports into Europe, diplomatic sources hinted. Iran’s refusal to halt its nuclear Read more
King Abdullah II has called for new elections on the eve of a planned opposition demonstration demanding reforms. The king’s royal decree is considered as an anticipation to the rally baptized by the Muslim Brotherhood as “Friday to Rescue the Read more