Latest Arab News
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Kerry visits Oman for arms deal signing talks on Syria Mideast
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new ...
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12 kidnapped policemen killed in western Iraq
Twelve kidnapped policemen were killed and four were wounded in overnight clashes between the abductors and the Iraqi security forces in Anbar province, a provincial police source said on Monday.The Iraqi army and police forces carried out a joint operation on Sunday night in the desert area between Baghdad and Jordan to free kidnapped policemen, and the troops clashed with their kidnappers, the ...
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India opens exit door for workers in Saudi Arabia
DUBAI: India on Monday started verification and issuance of emergency certificates allowing its citizens to leave Saudi Arabia following concerns over a new labour policy in the Gulf kingdom. The schedule announced is for the delivery of the first batch of 12,000 emergency certificate applications received at the Indian embassy in Riyadh and nearly 3,000 in Saudi's Eastern Province. The ...
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Egypt Sends Show of Force to Sinai After Kidnappings
CAIRO ...
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Bobcats owner Michael Jordan changing team name to Hornets report
Charlotte Bobcats owner Michael Jordan is changing his team's name to the Hornets, said a person familiar with the situation. The person said Jordan will detail the timetable for the change to be completed at a press conference the Bobcats have scheduled for Tuesday. The person spoke to The Associated Press Monday on condition of anonymity because the name change has not been publicly ...
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Raytheon to sign $2.1 billion arms sale to Oman U.S. officials
SAN FRANCISCO/NEW YORK - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. ...
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CU Buffs signing Jordan Gehrke adds drama to QB situation
"He's very athletic, extremely accurate, can make all the throws and is a bright young man in regards to football and in the classroom," CU coach Mike MacIntyre, above, said of Jordan Gehrke. (Denver Post file) Jordan Gehrke has a message for all those Division II and III schools he turned down out of high school. Only he knows what that will say but the most important part will ...
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Oceaneering Bags Saipem Gig Offshore Egypt
Oceaneering International, Inc. announced that it has secured a contract from Saipem to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore Egypt. The order consists of ten subsea production control umbilicals totaling approximately 52.2 miles (84 kilometers) in length and two electrical power cables totaling approximately 55 kilometers (34.2 miles) ...
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Gemayel speaks to Qatar emir on regional issues
Amin Gemayel discussed domestic and regional issues Monday with Qatar’s emir, Sheikh Hamad bin Khalifa al-Thani. The two officials spoke of the situation ...
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Egypt KSA to sign joint power line deal
Egyptian electricity and energy minister Ahmed Imam is expected to sign an agreement with his Saudi counterpart for the construction of an electrical power line between the two countries, Daily News Egypt has reported. The total cost of the project is set to reach $1.6bn, with each side to bear the cost of construction on its own side of the border, which for Egypt is estimated at $600m. The ...
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Qatar establishes $1bn energy fund
Three Qatari state-backed entities, including the Gulf country's sovereign wealth fund, have announced plans to set up a $1bn fund to invest in overseas energy infrastructure assets, Reuters has reported. The new fund, which will be run by Qatar Holding, Qatar Petroleum International and Qatar Electricity and Water Co (QEWC), will invest outside Qatar "in the fields of power ...
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Total buys Shells fuel network in Egypt
France's Total has acquired the fuel retail network of Royal Dutch Shell in Egypt, as the oil and gas major seeks to boost its distribution position in the country and across the region, Daily News Egypt has reported. Total currently owns 70 fuel stations in Egypt, which represents 4% of the market share. "Through this acquisition, we reaffirm our ambition to pursue our development in ...
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Saudi Arabias MMG picks advisor for debt restructuring
The investment banking arm of Gulf International Bank has been appointed by Saudi contractor Mohammad Al Mojil Group (MMG) to advise it on a restructuring of its debts, Reuters has reported. MMG Group has been in financial difficulty for some time, with shareholders rejecting a plan to liquidate the company in November after its accumulated losses exceeded 75% of its capital at the end of the ...
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Ford Trucks See Boost as Roadshow Reaches Saudi Arabia
Ford Middle East and Al Jazirah Vehicles Agencies Co. (AJVA), the Ford and Lincoln importer-dealer in Saudi Arabia, brought the legendary F-150 and Ranger Built Ford Tough pickup trucks closer to Saudi customers through a unique roadshow across 10 major Saudi cities, dubbed the largest of its kind. Ford's history in the Middle East goes back more than 60 years. The company's ...
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Report Egypt militants planned US Embassy attack
By Becky Bratu, Staff Writer, NBC News An al Qaeda-linked cell disrupted in Egypt was planning suicide attacks on the French and U.S. embassies, the state news agency MENA reported, according to Reuters.In light of this news and last week’s stabbing of a U.S. citizen on the embassy’s perimeter, the U.S. Embassy in Cairo alerted U.S. citizens to exercise "elevated ...
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Man dies from SARS-like virus in Saudi Arabia
A Saudiman who had contracted the coronavirus has died, raising the death toll in the kingdom from the SARS-like virus to 16, the health ministry announced on Monday on its Internet ...
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Daoud Kuttab Fighting for Media Freedoms in Arab region
International Press Institute held a regional conference in Amman to deal with press freedom issues in the Arab region. At the time, I was invited to speak at the conference about my work: using the Internet ...
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Egypt’s Morsi dispatches army to Sinai after suspected Islamists snatch soldiers
CAIRO - Egyptian President Mohammed Morsi ordered army reinforcements to the restive Sinai on Monday amid rising tensions there over the kidnapping of seven soldiers by suspected Islamist militants. In a break from past practices, Morsi said he would not negotiate with kidnappers, which some interpreted as an effort by the beleaguered president to appear tough in the face of his falling ...
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Al-Thani Arab Spring makes peace more pressing
thrown his state's riches behind Arab uprisings, said on Monday that the emergence of 'people power' had put Arabs in direct confrontation with Israel and made a resolution of the Israeli-Palestinian conflict more pressing."We heard in the past that reform (in the Arab world) must wait until a peaceful settlement with Israel is achieved, but everybody should realize that such ...
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Bahrain Attends WHO Meeting
Geneva-May-20(BNA)Bahrain delegation led by Health Minister Sadiq bin Abdulkarim Al-Shehabi today attended the 66th annual meeting of the World Health Organisation in Geneva, Switzerland. Bahrain Representative to the United Nations in Geneva Dr. Yusuf Bucheeri and other officials from the health ministry also attended the plenary WHO session. The delegation also attended the meetings of ...
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Arab League Condemns Iranian Belligerent Statements
Manama-May-20(BNA)The Arab League has today strongly condemned the belligerent statements made by the Iranian Assistant Foreign Minister for Arab and African Affairs. The Arab League slammed the Iranian threats and irresponsible and reprehensible statements which represent a flagrant interference in Bahrain's internal affairs and a blatant violation of international conventions ...
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Palestine-Israel peace pressing Qatar
He made no mention, however, of the Arab League's acceptance last month that Israelis and Palestinians may have to swap land in any peace deal, to allow Jewish settlements in occupied territory to become part of ...
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World Brief | Middle East Gunman Kills Four in Bank in Southern Israel
An unemployed former security guard shot and killed four people in a bank in the southern Israeli city of Beersheba on Monday hours after the bank had refused his request for financial assistance, the police said. The gunman committed suicide after holing up in the bathroom of the bank with a female hostage for about an hour. The hostage escaped unharmed. The gunman, who lived nearby, had ...
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Seychelles tourism pledges support to Qatar Airways
Minister Alain St.Ange, the Seychelles Minister of Tourism and Culture, met Mr. Akbar Al-Bakar, the CEO of Qatar Airways, at the Arabian Travel Market (ATM) Qatar Airways stand when he was in Dubai for the 2013 ATM tourism trade fair. Since his appointment to the Office of Minister in Seychelles, this was the first opportunity for Minister Alain St.Ange and the CEO of Qatar Airways to discuss ...
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US deeply concerned by prosecution of political speech in Egypt urges government to act
WASHINGTON - The Obama administration is calling on the Egyptian government to rein in prosecutions of political expression amid what it called a "growing trend" of efforts to punish and deter people from speaking their mind. Ahead of a planned meeting this week between Secretary of State John Kerry and Egypt's president, the State Department said Monday that it was "deeply ...
Bahrain Spotlight
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Bahrain’s mortgage market weathers recession while other industries struggle
Bahrain’s sound fiscal health, as well as prudent investment decisions by industry leaders has created a situation in which the country is in a fairly strong position compared to other GCC states, especially with regards to the mortgage market, but it’s not all good news.
Bahrain’s mortgage market has achieved significant growth despite a challenging market and is now worth $1.4 billion dollars, making Bahrain one of the strongest countries in terms of realty in the GCC (Gulf Cooperation Council). There are a number of reasons for this. Read more
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