Arab states lose more than $600 billion in 4 years due to Arab Spring

A self immolation in Tunisia in December 2010 which gave birth to protest against the Ben Ali regime and eventually led to its downfall before crossing borders into other countries in North Africa and the Middle East has immensely contributed Read more

Egypt accuses Turkey and Al Jazeera TV Channel of destabilization tactics

Cairo has reacted to President Erdogan’s latest accusations of “the Egyptian regime” providing “support” to the Gulen movement claiming that Ankara was back-stabbed. Erdogan in an interview with Al Jazeera aired on Thursday said “we differentiate between the Egyptian people Read more

KSA: Let’s form one bloc to be a global economic powerhouse, Riyadh tells GCC

At the opening ceremony of the Gulf Cooperation Council’s (GCC) Economic and Development Affairs Authority in Riyadh, Saudi’s Deputy Crown Prince Mohammed bin Salman bin Abdulaziz said that “in the era of blocs” which presents opportunities, they can become the Read more

COP22: Morocco Gets $ 100 Mln WB Green Bonds

Morocco, host country of 22nd UN conference on climate change (COP22) has purchased from the World Bank USD 100 million in World Bank Green Bonds. These 3-year bonds mature on December 15, 2019 and have a semi-annual fixed rate coupon Read more

Iran Signs Multibillion Dollar Deal with Total

The National Iranian Oil Co. (NIOC) reached a preliminary agreement worth $4.8 billion with Total, a French energy company, for the development of the South Pars offshore gas field; one of the largest in the world. Total’s Chairman and CEO Read more

Palestine Decries Israel’s Interpol Credit Gains as Propaganda

Israel is claiming credit for blocking Palestine’s effort to become a member of the global police organization known as Interpol at its latest general assembly held in Bali, Indonesia. Prime Minister Netanyahu applauded the “very intensive work” of the Israeli Read more