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Around 3,000 troops from the United Arab Emirates arrived in Yemen with hundreds of vehicles like main battle tanks, APCs, AFVs and self-propelled artillery on board ships adorned with UAE flags at the port of Yemen over the weekend. Their arrival could Read more
The UAE Central Bank indicated Monday that the government will reduce its spending due to slash in oil prices on the international market and will adopt drastic measures to avoid an acute deficit but announced that the country’s economy would Read more
Authorities in Bahrain claimed on Sunday they had dismantled a Shi’ite terrorist group they suspect being behind last year terrorist attacks that killed two police officers and an official from the United Arab Emirates. The group known as Saraya al-Ashtar Read more
King Mohammed VI of Morocco has been honored with the United Arab Emirates’ Order of Zayed in recognition of his efforts to cement and promote the historical links between the two countries. The Order of Zayed, the highest United Arab Read more
Monitored reports on Israeli media have stated that Saudi Arabia is willing to collaborate with Israel in bombing Iran. The reports quoted a senior European source saying that “the Saudi authorities are completely coordinated with Israel on all matters related Read more
The GDP growth rate of the Gulf Cooperation Council (GCC) is expected to reach between 4 and 5 pc for the next three years, according to a forecast by the Economist Intelligence Unit in its latest report. Consumer spending is Read more
Conventional banks are racing into the Middle East and North Africa to tap the money within the region through Sukuks, Islamic bonds. Goldman Sachs is the latest non-Islamic bank planning to issue a Sukuk for a second time after cancelling Read more
Bahrain has frowned at Qatar accusing it of carrying out “targeted” naturalization. Manama claims that a certain “category” of its citizens is being offered Qatari citizenship. Bahrain’s Interior Ministry’s Undersecretary for Nationality, Passports and Residence Affairs, Sheikh Rashid fears that Read more
Qatar’s Foreign Minister Khaled Al-Attiyah has spoken for the first time about Saudi Arabia, Bahrain and the United Arab Emirates recalling their Ambassadors in Doha. He denied reports that Qatar is at loggerheads with Saudi Arabian and added that it Read more
Kuwait is leading diplomatic efforts to mend the broken ties between members of the Gulf Cooperation Council (GCC) and hopes that the Arab Summit to be held next week, from the 25th to the 26th, will be a major opportunity Read more