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Kuwait, one of the oil-rich Gulf countries, has raised its oil production capacity to 3.3 million barrels of oil a day (bpd) and hopes to hit 3.5 million bpd target in 2015. “Kuwait has increased its production capacity to 3.3 Read more
Iraqi security forces are hard-pressed by a powerful jihadist group influenced by Al-Qaeda, threatening to seep into Baghdad, officials and analysts report. There is uncertainty about how far the army and police can withstand militant attacks following recent clashes, with Read more
The group Marks & Spencer, one of the world biggest clothing retailers, is planning to reinforce its presence in Saudi Arabia wherein it mulls opening 10 stores over the next two years, besides the two outlets already operating in the Read more
The Syrian conflict is forcing Lebanon to break unwanted records and increases pressure on Lebanese resources due to the ongoing war between government forces and rebels. Battles have forced the civilians to flee their homes. The United Nations Refugee agency Read more
The UAE has been named the top Middle East country for enabling trade but barriers to trade are still holding back the global economic recovery, the World Economic Forum has said. The UAE was ranked 16th globally out of 138 Read more
Oman’s oil minister, Mohammed bin Hamad al Rumhy, has stated that the government is interested in acquiring stakes in Petronet’s projects in the east coast. Petronet is a Joint Venture set up by the Government of India to import Liquefied Read more
US Secretary of State John Kerry could be throwing in towel as his efforts to end the long standing conflict between Israel and Palestine seem limited. Kerry has crisscrossed between the two countries to bring the two authorities together but Read more
The tourism and travel sector in the Emirates continues to grow and strengthen its position as the regional hub of flights as well as global tourism in the Middle East and the world respectively. Dubai will soon be hosting the Read more