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Turkey and the United States have announced their intention to increase their logistic assistance to Syrian rebels, providing them with communications gear and medical supplies. According to some analysts, the disclosure of this “nonlethal aid”, which is expected to irk Read more
Mubadala Development Company, the Abu Dhabi-based investment firm, has injected $2 billion in Brazil’s EBX Group looking forward to diversifying and expanding activities in the growing South American market. In exchange for this investment, Mubadala acquires 5.63 pc stakes in Read more
The crude & gas reserves of the Arab Gulf countries are estimated $65 trillion, or one third of the overall world hydrocarbon reserves, says QNB Capital in its latest analysis. The GCC oil & gas reserves represent 93 pc of Read more
Egyptian financial authorities are planning to sell plots of land in a bid to raise as much as $15 billion to help reduce budget deficit expected to reach this year $ 23.9 billion, about 8.7 pc of GDP of the Read more
Saudi Kingdom, world’s major oil producer and exporter, has decided to arm and help Syrian fighters stand up the brutal crackdown of the regime of president Bachar Al Assad, according to an Arab diplomat. “Saudi military equipment is on its Read more
Women entrepreneurs in Lebanon, especially those owning smaller businesses, will have a better access to financial services thanks to the support provided by the International Finance Corporation (IFC) through an agreement signed with BLC Bank. The IFC says it will Read more
At least 45 people were killed and more than 200 injured in a series of car bombings and shootings that rocked Tuesday several regions of Iraq. These coordinated attacks, which occurred in Baghdad, Hillah, Karbala and Kirkuk and other cities, Read more
Qatar is planning to inject over $ 130 million in Bulgaria and namely in the sectors of agriculture, tourism and infrastructure. These Qatari investment projects were unveiled at a meeting held between Prime minister Sheikh Hamad Bin Jassim Al Thani Read more
Libyan authorities have asked Mauritania to extradite the former head of Libyan intelligence, Abdullah al-Senussi, 62, arrested last week in Nouakchott carrying a fake passport. Gen. Senussi fled Libya last year as the autocratic & despotic regime of Col Moammar Read more
Arab interior ministers have agreed to enhance cooperation and joint actions to combat terrorism, drug & weapons trafficking, transnational crime and money laundering. During their latest meeting held in Tunisia, the ministers discussed joint security challenges, the terrorist threats posed Read more