Leading News Source For Middle East
Saudi Arabia will deposit $2 billion into Yemen’s central bank in an effort to help the war-torn country avert a currency collapse, the Saudi state news agency reported. The move was made a day after the Yemeni Prime Minister issued Read more
Saudi Arabia’s gigantic Public Investment Fund (PIF) is eyeing 5 to 10 per cent of stakes in Endeavor, the holding managing Hollywood talent agency WME, for an investment to exceed $500 million in the end, reports say. According to Bloomberg, Read more
President Trump seemingly made a shift Monday over his stance on Qatar in the crisis opposing it to Saudi Arabia, United Arab Emirates, Bahrain and Egypt after the US leader congratulated the Qatari Emir over the fight against terrorism. The Read more
A UN confidential report accused both Saudi Arabia and Iran of protracting the crisis in Yemen through their involvement in arming warring parties in the impoverished country. The report, issued by a UN panel, noted that Iran violated an arms Read more
The leader of the Palestinian Authority (PA) Sunday said US President Donald Trump’s peace plan to come but without Jerusalem as part of discussions is the ‘slap of the century’ adding that Palestinians will not take part in the talks. Read more
Qatar’s ambassador to the UN has filed a complaint with the world body’s Security Council as her country accuses United Arab Emirates (UAE) of violating its airspace. UAE fighters allegedly entered the Qatari airspace in December, amid the ongoing crisis Read more
The CIA chief Sunday rejected Tehran’s accusations as he noted that the intelligence agency did not help the weeklong protests, which shook the Iranian regime. Mike Pompeo made the denial to Fox News as he chalked the protests up to Read more
French President Emmanuel Macron Wednesday laid into the White House, Riyadh and Tel Aviv for their rhetoric on the going-protests in the Islamic Republic as he argued that their stances could craft a path to war, reports say. “The official Read more
Tax-free living has come to an end in the UAE and Saudi Arabia after the two oil-rich countries imposed a 5% value added tax (VAT) on the majority of goods and services with the beginning of 2018. The two countries Read more
President Emmanuel Macron of France has called Saudi Arabia to ‘entirely’ lift the air and sea blockade its coalition has imposed on Yemen and which has worsened the humanitarian situation in the country devastated by more than two years of Read more