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The central bank of Kuwait (CBK) has lifted the ban on trading derivatives with foreign banks that it imposed in 2008 when the Kuwaiti banks started to be affected by the global financial crisis. The decision led to a sudden Read more
The diplomatic spat between Qatar and some members of the Gulf Cooperation Council (GCC) has come to an end after a meeting in Riyadh. Bahrain, Saudi Arabia and the United Arab Emirates have voiced willingness to end their diplomatic tussle Read more
The United Nations Organization has accused the Islamic state of perpetrating war crimes and crimes against humanity in the areas where it has established effective control. In a report entitled “Rule of Terror: Living under ISIS in Syria”, the UN Read more
British prime minister David Cameron has unveiled new anti-terror plans that will bar suspected british jihadists, including teenagers, who travel to Syria, from returning to the country for two years and they will only be allowed to re-enter if they Read more
Reports are being made that the U.S government has been compensating the relatives of civilians that it has killed with drone strikes in Yemen for the past few years. Authorities in the U.S are tight-lipped about the issue. A source Read more
Prime Minister Haider al-Abadi has removed 26 military officers from their posts, sending 10 others to retirement due to incompetency, lack of integrity and courage. He has also named 18 new commanders. The announcement came after Iraq’s most influential Shi’ite Read more
Israeli foreign ministry spokesman Emmanuel Nahshon has announced that they will not cooperate with the UN inquiry team on the 50-day war in Gaza between Israel and Hamas. The announcement also coincided with the approval of 200 new homes in Read more
An eco-themed project worth around $649 million will be developed in Ras Al-Hadd, a town located in the South Al Sharqiyah Governorate, after a joint venture agreement was signed between the Omani government and Qatari Diar Ras Al-Hadd Development Company Read more
Emir Sheikh Tamim bin Hamad Al-Thani of Qatar has given assurances that their economy will not be affected by the drop in oil prices because the government has not changed its price evaluation methods for the past years. However, United Read more
The defense and military cooperation between Israel and India has reached a new level after a successful test of a missile they jointly developed. The missile is a long range surface to air missile developed by Israel’s Defense Research & Read more