Kuwait’s GIC Gulf Insurance acquires French insurer AXA Gulf

French insurance giant AXA Group announced it has relinquished its Gulf region operations to GIC Gulf Insurance for $290 million as it moves to slim its activities. The transaction will enable GIC Gulf Insurance to take control of Axa Gulf Read more

Popular Egyptian artist to stand trial for posing with Israeli celebrities in UAE

A popular Egyptian singer will stand trial next month following public backlash that ensued in the wake of the publication of photographs that revealed him mingling with several Israeli celebrities in the United Arab Emirates, UAE. Mohamed Ramadan, 32, one Read more

Turkey openly charges UAE for destabilizing MENA region

Turkey Tuesday laid into the UAE for sowing chaos in Middle East and North Africa (MENA) region mainly in Yemen and Libya amid deteriorating relations between the two countries. Foreign Minister Mevlut Cavusoglu, Middle East Monitor (MEMO) reports, in an Read more