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A defected Syrian general, Major-General Adnan Sillu, has admitted that Syrian President Bashar al-Assad is on the verge of transferring his chemical weapons to the Lebanese Shiite group Hezbollah. According to him, there are plans by the Assad regime to Read more
Following the training exercises aimed at keeping oil and shipping lanes open which begun in the Gulf concerning US and allied navies, Tehran has launched a submarine and a destroyer into the Gulf from Bandar Abbas port with orders coming Read more
There are doubts over whether the operations and ownership of financial institutions in the Middle East and North Africa are heading for a change after unusual buy out deal was announced at a company in the United Arab Emirates. The Read more
A specialized oil and gas free zone will be build on a 11 million square meter land at Khor Al-Zubair area in Basra in a joint venture agreement between Iraq General Commission of Free Zones and BIOGH Basra International Oil and Read more
With the year almost coming to an end, the Chairman and CEO of Istanbul Stock Exchange, Ibrahim Turhan, revealed that up to 18 additional initial public offerings (IPOs) could be on their way. This number could be tripled because according Read more
After two years of absence in the sukuk market, the board of the Qatar Islamic bank (QIB) has approved the issuance of another sukuk program. According to a released statement, an amount of $1.5 billion has been given the green Read more
The new envoy of the UN-Arab League to Syria is on his maiden visit to the country as the situation continues to deteriorate. Lakhdar Brahimi was appointed as the special envoy to the war torn country two weeks ago. His Read more
Iran’s controversial nuclear program has resurfaced. This time around, Tehran is accused of destroying evidences at the Parchin military site. The site has been clouded with suspicions and the United Nations nuclear inspectors want to visit it as part of Read more
A recently concluded study claims that organic products are gaining momentum as the sector is deemed to attain to be experiencing 10% annual growth in sales if the trend continues. Organic farms cover a surface area of 34,997 hectares but Read more
In a major boost to Jordan’s research and health sector, a newly developed bio-absorbable coronary stent has been produced by a Jordanian based company. The Abu Sheikha Drugstore announced that it has developed what it describes to be the first Read more