Saudi Fund Injects $3.5 Billion into Uber

Saudi Arabian Public Investment Fund (PIF,) the oil-rich kingdom’s long-term sovereign investment arm, has pumped $3.5 billion into Uber and will henceforth occupy a seat as a member of the Board of Directors. The amount is the highest solitary amount Read more

GCC-Russia Cooperating against Regional Challenges

A meeting between Russian Foreign Minister Sergei Lavorv and the President of the Gulf Cooperation Council (GCC) Adel Al-Jubeir, Saudi Arabia’s foreign affairs minister, focused on various topical regional issues, mainly in the Middle East and North Africa, and discussed Read more

MENA: Pope Slams West for Imposing Westernized Democracy Model

Pope Francis questioned what he called the West’s “cultural colonialism” in the Middle East and North Africa (MENA) especially in war torn countries where it is trying to impose its vision of democracy whilst fighting against the terrorism of Islamist Read more

Middle East: UNSC Rejects Israel’s Seizure of Golan Heights

Members of the UN Security Council Tuesday largely rejected Israel’s decision to seize forever the Golan Heights belonging to Syria, a move that the UNSC fears can sabotage Syrian peace talks. The 15 members of the UN Security Council, chaired Read more