Latest Middle East News
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A big step but trust is still low
Yet the fact that a senior US official in the next breath warned that "peace is not at hand" is a reminder of how many obstacles still lie ahead.Earlier attempts to get the sides together skidded to a halt and it is not clear what has changed to make this time different.High on the agenda will be the transfer of prisoners. America wants the return of ...
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HSBC hired to manage Oman power JVs IPO
HSBC Holdings has been appointed to manage a public share offer of a joint venture firm that owns and operates a $1bn water and power project in Oman, two banking sources said on ...
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Human rights group criticises executions in Kuwait
Kuwait hanged two Egyptian men on Tuesday, one for murder and the other for abduction and rape, state news agency KUNA reported, in the second set of executions in the Gulf Arab state this ...
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SolarWorld seeks nod to make Qatar shareholder
SolarWorld still needs the backing of some bondholders for a wide-ranging debt restructuring that would make Qatar a major new shareholder in the ...
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Kuwaits Zain eyes acquisitions in IT industries
Kuwait mobile operator Zain will make acquisitions and partnerships in computer-based industries this year to exploit rising demand for data and help offset falling conventional call and text income, its chief executive told ...
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Aastra Helps Enterprises in the Middle East and Africa Transform Their Communications
Offering a cost-efficient migration from legacy to IP technology Aastra, a leading company at the forefront of the enterprise communication market, launched a campaign aiming at enterprises with legacy telephony systems. Today, Voice-over-IP, SIP trunking, Unified Communications & Collaboration, Video telephony & conferencing and Fixed-Mobile Convergence technologies promise cost ...
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Oman urged to consider fiscal reforms
Oman should consider fiscal reforms as a priority because continued growth in public spending may be unsustainable in the long run, its central bank has ...
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Iraq claims legal ruling expected
Relatives want the right to sue for negligence and to make claims under human rights legislation.The Supreme Court - the highest court in the UK - analysed arguments from lawyers representing relatives and the Ministry of Defence (MoD) at a hearing in London in February.Judges in the Court of Appeal and the High Court have already considered the issues.In October, appeal judges said relatives ...
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Coldwell Banker launches operations in Oman
US-based global provider of real estate services, Coldwell Banker has announced the launch of its Oman operations, Muscat Daily has reported. The company's operations in the sultanate will provide professional real estate services like residential renting, buying and selling services, commercial renting, market research and property valuation, and property and facility ...
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Sigma Paints Middle East achieves sustained success
Since its establishment 32 years ago, Sigma Paints Middle East has strived to maintain the highest international quality standards throughout its wide range of products, hence ensuring clean paints absolutely lead- and VOC-free. Moreover, Sigma Paints Saudi Arabia has been keen to create and deliver the finest and safest products, with the support of the latest relevant novelties in sciences and ...
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Jerusalem Journal A-List Celebration Traces Leader’s Trajectory and Israel’s
President Shimon Peres turns 90 in August. He is the last of Israel's founding fathers still in office, and in recent months has strained his largely ceremonial role by speaking out on resolving the Israeli-Palestinian ...
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On Syria leaders didn’t agree on much
For Syrian rebels fighting to overthrow the regime of Bashar al-Assad, Tuesday's communiqu issued by the Group of Eight meeting in Northern Ireland was hugely disappointing; as it was for the four million internally displaced civilians in Syria and the 1.6 million people who have sought refuge in neighbouring ...
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When artists scapegoat Israel
Dear Ms. Walker,I am writing this letter to you with great pain, after encountering your name in the news, again, calling for a boycott on my home and country. Recently, you urged a popular American artist to boycott Israel. In your statement you claimed that "under a campaign named ‘Brand Israel,’ Israeli officials use culture and arts to showcase Israel as a modern, welcoming ...
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Obama’s Second-Term G-8 Dance Card Judo With Putin Trade and Syria
. Europeans also see a free-trader pressuring the French to bow before the altar of low tariffs in pursuit of a U.S. and European trade pact. Just last week, White House officials feared they wouldn't even be able to announce the beginning of trade talks at the G-8 Summit at the Lough Erne golf resort in Northern Ireland. Under sustained pressure from British Prime Minister David Cameron, ...
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Obama Putin express cautious optimism over Iran
ENNISKILLEN, Northern Ireland - US President Barack Obama and Russian President Vladimir Putin expressed "cautious" optimism on Monday that the election of a moderate cleric in Iran's presidential poll would open up dialogue with Tehran over its disputed nuclear program.In a private meeting following the press conference, however, the presidents said they would sign an agreement ...
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Putin scores victory on Syria at G8 summit
With scant support at the G8 summit, Russian President Vladimir Putin managed to derail the prospect of a statement condemning Syrian President Bashar al-Assad and left Western allies divided over how to end the conflict.The summit concluded in brilliant sunshine at the Lough Erne Resort, about two hours outside Belfast, with a lengthy statement on the Syrian conflict signed by all eight ...
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10 killed 53 wounded in Iraqs violence
BAGHDAD, June 6 (Xinhua) -- Ten people were killed and 53 wounded in separate shootings and bombings in central and northern Iraq on Thursday, the police said. Up to five people, including two policemen, were killed and 30 wounded when two roadside bombs detonated near a police patrol in Nahrawan area, in the southeastern part of the Iraqi capital of Baghdad, an Interior Ministry source told ...
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Turkey PM Erdogan welcomes Hamas leaders
As the European Union cancels a parliamentary visit to Ankara, embattled Prime Minister Recep Tayyip Erdogan hosts Hamas heads Mashaal and Haniyeh; unclear if visit is instead of Erdogan traveling to ...
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Russian stand on Syria settlement in line with those of other G8 countries
LOUGH ERNE, June 18 (Itar-Tass) - The Russian stand on the settlement in Syria is in line with the stands of other G8 countries, which is confirmed by the statement of the Group of Eight, Sergei Ryabkov, Russian deputy foreign minister, told reporters on ...
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Calm restored in southern Lebanon
The Lebanese army completed its deployment in various neighborhoods of the southern city of Sidon which witnessed sectarian clashes Tuesday that left one person dead and four injured.The army Command-Guidance Directorate said in a statement that the army units managed to "eliminate all armed manifestations, opening roads to traffic and fully restoring normal situation."Clashes erupted ...
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Lebanon reiterates appeal to Intl commusharing burden of Syrian
Lebanese Prime Minister Najib Miqati reiterated Tuesday his appeal for the international community to cooperate with Lebanon in sharing the burden of Syrian refugee influx.Miqati called for imposing certain standards on the refugees entering Lebanon during a conference attended by UN Higher Commissioner for Refugees Antonio Guterres.The prime minister said Lebanon would not be able to cope with ...
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EU Lebanon discuss Syrian refugee issue
Visiting EU foreign policy chief Catherine Ashton on Tuesday discussed with Lebanese officials the plight of Syrian refugees in the country and urged "a political solution to the conflict in Syria."According to a statement, Ashton said after a meeting with Lebanese President Michel Suleiman that "de-escalating tensions in Lebanon is a priority."Ashton said "any country ...
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G8 leaders concerned by threat from terrorism in Syria
The G8 leaders said here Tuesday afternoon they are deeply concerned by the growing threat from terrorism and extremism in Syria.They also said they are deeply concerned by the increasingly sectarian nature of the conflict."Syria must belong to all Syrians, including its minorities and all religious groups," they said in a final communique, issued after the annual G8 summit in Lough ...
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G8 leaders express commitment to political solution in Syria
G8 leaders on Tuesday said they remained committed "to achieving a political solution to the crisis based on a vision for a united, inclusive and democratic Syria.""We strongly endorse the decision to hold as soon as possible a Geneva conference on Syria," a final communique issued after the G8 Summit read.The communique said the Syrian government's military forces and ...
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UN refugee chief urges support for Lebanon in hosting Syrian
United Nations High Commissioner for Refugees Antonio Guterres warned of the massive support needed for refugees and for the countries and communities hosting them as he started a visit to the region Tuesday, the UNHCR said.Guterres noted in Beirut, Lebanon during his visit to mark the World Refugee Day that the long-feared spillover of the Syrian crisis into neighboring countries is becoming a ...
Egypt Digest
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Egypt's oil industry is growing rapidly
Egypt has, in recent years, made immense gains in terms of economic performance. The country has long been the economic powerhouse of North Africa and Africa in general (second only to South Africa and Nigeria) and has taken great steps to reverse the highly-centralized economy inherited from President Gamel Abdel Nasser.
The oil and gas sector has long been one of the major strengths in the Egyptian economy, along with other natural resources such as minerals, gold and natural gas. Read more
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