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Saudi Arabia is the first Arab country to make most registered patents in 2011, says the World Intellectual property organization (WIPO) in its annual report. Saudi Arabia tops the list of registered patents in the Arab World totaling 147 patents, Read more
French energy producer & provider company Total has acquired a 40 pc stake in an exploration license in Yemen from Oil Search, Papua New Guinea oil and gas Company, for around $40 million. “With this new acquisition, Total is pursuing Read more
The World Bank has approved a $40 million grant to support reforms made by the Palestinian Authority (PA) that will help improve services delivered to Palestinians in the occupied territories. The Palestinians have already received from the WB three similar Read more
A Saudi diplomat was shot dead Tuesday in the Bangladesh capital of Dhaka by unknown assailants, according to local police. The diplomat, khalaf Al Ali, was gunned down near his home. He died few hours later in a nearby hospital Read more
The tunisian industry ministry has said it is planning to invest $ 1.7 billion to boost hydrocarbons output in 2012. The move, which also includes exploration drilling in 24 new oil sites, is destined to enable the North African country Read more
Some Arab countries, including Saudi Arabia, Qatar and Kuwait, have urged the international community to arm opposition fighters in Syria where they face systematic and relentless shelling from government troops. Frustrated with ongoing diplomatic efforts, Riyadh and Doha have expressed Read more
The Gross Domestic Product (GDP) of the Sultanate of Oman has increased 23.3 percent to $ 51.9 billion during the first three quarters of 2011 due to the surge in oil prices and output in the Gulf country According to Read more
The Kuwaiti government has requested the purchase of 80 “AIM-9X-2 Sidewinder Block II All-Up-Round Missiles” for $105 million, says the US Defense Security Cooperation Agency. The package also includes associated equipment, spare & repair parts, personnel training, technical assistance and Read more
Over 15 million young people will enter the workforce over the next decade in the region of the Middle-East & North Africa, says latest forecast report of Ernst & Young. “The greatest challenge in the MENA region is to develop Read more
The two-day international conference on Jerusalem held in Doha 26-27 Feb. has called on the UN and all its relevant institutions to shoulder their responsibilities towards Jerusalem and its people. The conference, which was attended by 350 personalities, government officials Read more