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Egypt’s Central Bank has received a deposit of $2 billion from Libya. The amount is reported to come from the Libyan investments in Egypt. Questioned about the reasons behind such a move, the Libyan Central Bank governor highlighted that the Read more
A precision-guided munition, made part of a United Arab Emirates- South African joint venture, has completed tests successfully, it was announced earlier this week. The precision-guided munition (PGM), dubbed Al Tariq, was developed by Tawazun Dynamics, joint venture between South Read more
Transiting to democracy has been a desire dear to Yemenis for the past year since former President left power. However all attempts to do so were again and again destabilized by people still loyal to Abduallah Salleh, who was forced Read more
In Jerusalem’s Old City many Jewish faith followers come to The Western Wall to pray even though there have been for the past 24 years a dispute over who is entitled in praying in front of the wall. This dispute Read more
Acts of violence against Jews and Jewish institutions throughout the world have recorded a 30 percent increase in 2012. The findings came in a report made public earlier this week by Tel-Aviv University which singled out France as the country Read more
Since the beginning of the war in Syria it has been known that a jihadist fighting group has been playing an important role and concerns were raised that this group was receiving aid from neighboring countries. For the past seven Read more
Abu Dhabi welcomed on Monday top executives ahead of the annual World Tourism & Travel Council which is the most important tourism event of the year. It opens the door for the world to see the beautiful city of Abu Read more
Very recently, Saudi Arabia has decided to be stricter on the regulation on foreign labor. According to their law, a foreign worker can get a visa only if sponsored by his employer, but most of the expatriates change often their Read more
The Kurdistan region of Iraq, Bina Bawi, has attracted an Austrian Oil company, OMV, which is also partly owned by the Abu Dhabi government, holding 24.9% stake. This company is already pumping gas in this region and it has set Read more
Israel fired two rockets yesterday to the South as a warning to Palestinians that were starting to cause trouble. They did it also as an attempt to warn the Syrians as it seemed their war was spilling to Gaza. The Read more