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The World Bank will grant US$6.5 million to finance a project aiming to increase the employment prospects of Palestinian students graduating from higher education institutions. The unemployment rate in 2011 was 21 percent with youth unemployment at 46.5 percent in Read more
People trying to obstruct the implementation of the political transition in Yemen will have their us-based assets frozen. According to press reports, President Obama is about to issue today an executive order in this regard. The order targets people, including Read more
Ranked fourth in the world and having more than 6 trillion cubic meters of gas, the United Arab Emirates has received the nod from its Federal Cabinet to join the Gas Exporting Countries Forum (GECF). The Federal Cabinet meeting held Read more
Explosive devices have struck the vehicles of the UN monitors in different places across the country in recent days and some members of the team also got caught in the midst of gunshots. During a funeral ceremony, government forces opened Read more
Financial markets may reject Spain’s financing requests if it fails to curb the deficit. The warning was expressed by Prime Minister Mariano Rajoy before Parliament Wednesday. He said unless the Parliament endorses the deficit cuts he proposed, there is serious Read more
The second edition of the Asia-Arab forum on sustainable energy is being held in Oran, Algeria. The host country’s capacity of developing its potentials in the domain of renewable energy especially solar energy will be the main topic for the Read more
Francois Hollande has been sworn in as the new president of France Tuesday morning and immediately acknowledged the challenges he inherits, mainly “a massive debt, weak growth, high unemployment, degraded competitiveness, and a Europe that is struggling to come out Read more
Actions that took place during the revolution in Libya have once again surfaced with the run up to elections. NATO helped the Libyan rebels to topple the regime but a recent report from Human Rights Watch (HRW) is scolding NATO Read more
Representatives from the IAEA and Iran met in Vienna to talk about the Islamic state’s nuclear program prior to its meeting in Baghdad between the six members of the UN Security Council and Germany. The last meeting held between the Read more
The high profile summit between member states of the Gulf Co-operation Council (GCC) ended without any agreements being signed. Instead, another summit has been arranged and it will be held in Bahrain in December. The Riyadh summit chaired by the Read more