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The controversial and unpopular draft civil retirement bill that was voted by the Jordanian parliament has been rejected by King Abdullah. The bill was openly criticized by the public as a move meant to further increase the wealth of the Read more
President Recep Tayyip Erdoğan paid Sunday and Monday a two-day official visit to Qatar, his first to the Arab World since his election, for talks on bilateral relations, international issues of mutual concern and the latest developments on the regional Read more
The government is making concessions in Yemen in a bid to end the protests of the Houthis in the capital. A source close to the president has revealed that an agreement has been reached between the government and the Houthis Read more
The president of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, met with Jordanian Prime Minister Abdullah Ensour to discuss the ties between them and means of increasing the support and cooperation of the bank in the country. Read more
Tehran is hosting the 11th Iran-Russia trade conference that is geared towards easing the economic and trade activities between the two countries. Iranian Oil Minister Bijan Namdar Zanganeh and Russian Energy Minister Alexander Novak concluded an important economic cooperation agreement Read more
Bahrain and Saudi Arabia have been linked by a causeway for more than two decades but plans to build a new one are underway at an estimated cost of billions of dollars. The causeway will also include a railway network Read more
Saudi Arabia will be reinforcing its security capabilities with the construction of a multi layered fence along its 560mile border with Iraq. The project is the first stage of a border security program. The construction work is aimed at limiting Read more
Conventional banks are racing into the Middle East and North Africa to tap the money within the region through Sukuks, Islamic bonds. Goldman Sachs is the latest non-Islamic bank planning to issue a Sukuk for a second time after cancelling Read more
Amman has given the green light to an Estonian and a Malaysian firm to produce electricity from shale oil in Al-Atarrat area located in the southern part of the country. This is the first time such a project is approved Read more
United Arab Emirates (UAE) hope of getting its first spy satellites is closer to becoming a reality after the acquisition of an export license from the U.S. The delay of the exportation of U.S technology has been a major setback Read more