Leading News Source For Middle East
Despite a fall in oil prices the Gulf Arab economies anticipate a steady growth rate over the next two years as government spending remains high. Across the Gulf Arabic Coast, Saudi Arabia’s gross domestic product is expected to increase from Read more
Iran has begun moving towards stopping its uranium enrichment program at its Natanz plant as part of six-month nuclear agreement brokered in November 2013 with members of the UN’s Security Council and Germany. The United States and the European Union Read more
Qatar is continuing to issue bonds and sukuks to develop its capital market and deepen its domestic debt market in the run-up to the 2022 FIFA World Cup. In its latest action, more than $6,6 billion in local currency will Read more
King Abdullah II of Jordan received Palestinian Authority President Mahmoud Abbas to discuss about the latest proposals brought forward by US Secretary of State John Kerry. Jordan is interested in seeing a definitive peace deal between Israel and Palestine. The Read more
Jordan took over the UN Security Council presidency on Wednesday, the first day of its two-year stint on a 15-nation body struggling to cope with conflicts in Syria, South Sudan, Central African Republic, Mali and elsewhere. The country got access Read more
In a bid to calm down the United States’ Gulf allies, infuriated by Washington’s recent rapprochement with Iran and its new diplomatic approach towards the Iranian nuclear program, President Barack Obama has okayed the supply of weapons and defense services Read more
Prince Mohammed bin Nawaf bin Abdulaziz, Saudi Arabia’s ambassador to the Great Britain, has renewed the kingdom’s determination in Syria and concerns about the Iranian nuclear program. He also held the West responsible for the looming insecurity in the region Read more
The Gulf Cooperation Council member countries, which have been dreading Iran and its nuclear program as a potential threat to their security and to the security of the entire Middle East region for years, have “welcomed the new stand of Read more
Iranian Foreign Minister Mohammad Javad Zarif has called on countries in the Middle East to set aside their sectarian politics which is “a shame to the Islamic world” and work together to overcome the region’s instability. He made these remarks Read more
Lebanon has begun to raise eyebrows over the state of its economy and financial market. Investment has been on the decline and the U.S financial regulations have also taken a toll on the country. The President Choukeir of the Chamber Read more