Leading News Source For Middle East
The summit which focuses on finding means to expand and strengthen the economic bonds and encourage investments between Asia and the Middle East has begun with 150 senior decision-makers present to brainstorm the way forward. The summit is called the Read more
Malawi, host of the next African Union summit to be held in July, has sent a strong signal to the African Union that Sudan’s President, Omar Al-Bashir , is not welcomed into country. This decision was described by Malawi’s information Read more
Al-Qaeda in the Arabian Peninsula has now started up a new strategy to recruit suicide bombers known as “individual jihad, or what is called the lone wolf” because “it has become more widespread and its features have started showing” in Read more
Chaos in Syria is getting worst according to unconfirmed reports due to the absence of international independent media on the ground. Anyway, the Syrian government and the anti-Bashar protesters have affirmed that killings are going but they both blame opposite Read more
In its quest to stabilize its local currency and satisfy the high demand of dollars by the traders, the Central Bank of Iraq has been channeling through the country’s biggest state banks, Rafidain and Rasheed, an amount of $6 billion Read more
Synergics-MENA, a joint venture between Synergics Corporation and business groups in the United States and Saudi Arabia, has released a statement announcing that the host of corporate, public and private institutions which are part of its customers in the Middle Read more
Qatar telecommunication known as Qtel has taken control of Iraq’s N° 2 telecommunication operator, Asiacell, after concluding agreements with the latter. It has now increased its stake by almost 50% after its decision to inject $1,47 billion into the company Read more
Kuwait sits in 2nd and 3rd positions when it comes to obesity and diabetes respectively in the Middle East region. This is likely to change soon because the Vbloc Maestro Therapy has been launched in the country by the home-based Read more
Dubai’s investor image has been brightly polished because a unit of the firm taking care of its financial free zone, DIFC Investments, will be able to repay its Islamic bond known as Sukuk. The bond will be maturing on the Read more
Libya’s main airport was under the control of a militia group for a period of time before government forces took over it again. More than 5,000 of them came to the rescue of the airport. The militia group is from Read more