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Governor Riad Salameh of the Lebanese Central Bank has stated that the country’s financial and economic outlook is stable despite the turbulences that are marring the Middle East. He gave such assurances after a meeting with officials of the International Monetary Read more
Walid al-Moallem, Syria’s Foreign Minister, address to the annual UN General dwelled on what Syria’s considers to be a contradictory foreign policy being implemented by the US in the Middle East. The Minister warned that the airstrikes by the US-led Read more
Israeli Prime Minister Benjamin Netanyahu has outlined his political policies in the Middle East after the militants fighting under the banner of the Islamic State in Iraq and the Levant (ISIL) continue to control more territories in Iraq prompting them Read more
Saudi Arabia will be receiving John Kerry on Friday to discuss regional issues that could be detrimental to the US. Riyadh is a key regional ally to Washington. Kerry is expected to meet King Abdullah to discuss “the great urgency” Read more
Oil prices could reach $15 per barrel higher on average by 2025 if investment in the Middle East is shortcoming. A report released by the International Energy Agency (IEA) has warned that $40 trillion and $8 trillion should be invested Read more
Reports from Bloomberg have stated that Qatar has revised its plans for the FIFA World Cup that it will be hosting. The number of stadiums to be build has been reduced by from 12 to 8 without publicly giving reasons Read more
The powerful Saudi intelligence chief Prince Bandar Bin Sultan has stepped down and was replaced temporarily by his deputy General Youssef al-Idrissi. Mr. Bandar served as ambassador of Saudi Arabia to the United States. He was appointed intelligence chief in 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