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HSBC Holdings, Europe’s biggest bank, is winding up some of its activities in certain countries found in the Middle East and North Africa. The bank is also limiting its activities in certain areas because it wants to boost its profitability. Read more
An anonymous senior Syrian officer has warned that the Middle East is gearing up for a regional warfare if Western powers attack Syria. He pinpointed that Israel will heavily suffer from the circumstances. Western powers are mounting pressure on Assad Read more
Iraqi authorities have begun to react against reports circulating in the media. Reports coming out from the country are heavily centered on attacks and roadside bombings with casualties. The government acknowledges that attacks are still being carried out but disagrees Read more
PM Abdullah Ensour has reshuffled his cabinet again; a week before municipal elections. The latest action is reported to be motivated by economic decisions. The last reshuffling took place in March. Although the March reform reduced the cabinet to 19 Read more
Israeli authorities are gearing up for a campaign to amass support of the interim Egyptian government according to a senior official who wishes to remain anonymous. They will be working on convincing key countries and actors that “it is the Read more
Negotiators from Israel and Palestine have finally sat around the same table to discuss a way out of their crisis after almost 5 years of suspended talks. Their meeting is being held at an undisclosed location and is surrounded by Read more
Lebanese officials are unhappy with the trespassing of an elite group of Israeli soldiers into its territory on foot. Beirut has decided to lodge a complaint at the United Nations Security Council accusing Israel of “blatant violation of Lebanese sovereignty Read more
Bahrain is not amused by the United States decision to close its embassy due to alleged Al-Qaeda security threats in the Middle East and North Africa. Officials are claiming that their country doesn’t harbor any radical Islamist group. The American Read more
The Israeli-Palestinian peace talks have begun to fall apart before the two sides could meet to negotiate. The latest update of Israel’s “national priority areas” by the cabinet has included and earmarked some illegal settlements for government subsidies housing loans Read more
Ankara is not willing to follow the footsteps of the European Union (EU) in naming Hezbollah’s armed wing a terrorist group. The EU considers Turkey as a country “on the road to EU membership” on its website. Diplomatic sources revealed Read more