A new Palestinian government is scheduled to be sworn in on Monday in an effort to unite warring Palestinian factions for the first time in seven years. The move would bring together the Palestine Liberation Organization, which is dominated by the mainstream Fatah faction, and its rival Hamas, the Islamic militant group that controls Gaza, under the terms of a unity pact reached last month. The development […]
Heavy fighting is raging in the eastern Libyan city of Benghazi, apparently between the armed group Ansar al-Sharia and irregular forces loyal to Khalifa Haftar, a former army general. Witnesses said on Monday that gunfire, which began the day before, could be heard across the city, particularly coming from a special forces army base in a western suburb of Benghazi. At least seven people have died and […]
A controversy over cutting down centennial trees to pave the way for building a military academy in one of Jordan’s shrinking forests is taking center stage once again. Environmental NGOs and activists held an emergency meeting Saturday to halt what they called an illegal chopping of trees by the Jordan Armed Forces in Bergesh forest, near the city of Ajloun – some 90kms north west of Amman. […]
Iran’s smart set turned out in force for this year’s Tehran Art Auction, spending a record amount as the country’s modern and contemporary art scene thrives despite economic sanctions. The annual event on Friday was a sell-out, raising $5.1 million from the auction of works by Iranian artists, more than double the amount fetched last year. While Western sanctions since 2010 on Iran’s oil and financial sectors […]
The new Palestinian government, scheduled to be sworn in on Monday at 1 p.m. (6 a.m. Eastern time) in the West Bank city of Ramallah, will be led by Prime Minister Rami Hamdallah and is to consist of 16 other ministers, some handling more than one portfolio. Three ministers are to be from the Gaza Strip following a reconciliation pact signed between the Palestine Liberation Organization, dominated […]
Now that Egypt has held its elections, many in and outside the country will be turning to the new president to see how he plans to pull the domestic economy back from the brink. The economic challenges former army chief Abdel Fattah Al Sisi faces in many ways resemble those of Citadel Capital, one of Egypt’s foremost investment firms which itself is in the middle of a […]
The authority of the free zone Dubai Silicon Oasis (DSOA) announced it plans to set up Dubai Technology Entrepreneurship Centre (DTEC) in order to boost entrepreneurs in the technology field. DTEC is planned to be launched in the first quarter of 2015. DSO is set to encompass over 3,600 square meters that will provide existing and emerging high-tech entrepreneurs and start ups with a work environment that […]
A substantial number of Middle East funds intend to cut their exposure to stocks in the United Arab Emirates and Qatar, shifting money to less richly valued markets such as Saudi Arabia, a monthly Reuters survey showed. Shares in Dubai, Abu Dhabi and Qatar have surged over the past 12 months in anticipation of those markets’ upgrade to MSCI’s emerging market index, which will take place at […]
Sassan Soleimani, the director of “Happy in Tehran,” a viral YouTube tribute to Pharrell Williams that offended Iran’s conservative judiciary, was released on bail Thursday, according to the International Campaign for Human Rights in Iran, a New York-based advocacy group. Evidence of the director’s freedom, after nine days in custody, came in the form of a self-portrait he sent to Kambiz Hosseini, a popular expatriate satirist whose […]
WASHINGTON — During the height of the wars in Iraq and Afghanistan, the United States military often carried out dozens of daily operations against Al Qaeda and other extremist targets with heavily armed commandos and helicopter gunships. But even before President Obama’s speech on Wednesday sought to underscore a shift in counterterrorism strategy — away from the Qaeda strongholds in and near those countries — American forces […]
Abdel Fattah el-Sisi, the former general who toppled Egypt’s first freely elected leader, is on course for a sweeping victory in the country’s presidential election, early provisional results suggested. But a lower-than-expected turnout figure has raised questions about the credibility of a man idolised by his supporters as a hero who can deliver political and economic stability. Sisi won 93.3 percent of votes cast, government sources said on Thursday, with most ballots counted […]
The idea for Sudamed came to doctor-turned-entrepreneur Mazin Khalil two years ago while standing in a hospital reception in Khartoum. He watched a father walk up to the reception with a newborn baby and ask for a particular doctor, only to be told that the doctor was not working until six hours later. Sudamed website Mr. Khalil, 25, saw a simple solution. He set out to create […]
The main shareholders of U.A.E. construction giant Arabtec Holding are consolidating their control over the company as the country’s stock markets prepare for the implementation of an upgrade to emerging-market status by stock-index provider MSCI. Arabtec chief executive Hasan Ismaik raised his stake from 8.03% to 21.46% by buying shares on the market, the company said in an emailed statement Wednesday. This follows a move three years […]
The firm aims to redefine the art of ‘Corporate Storytelling’ in the Middle East Dubai, May 28th, 2014: White Water PR, a Dubai based Public Relations agency, has launched its new website in the region to redefine the art of ‘corporate storytelling’. The website, ‘whitewaterpr.com’ is more pictorial in nature and the initial thoughts were inspired by the globally renowned ‘Snowfall’ format which was made popular by […]
The hotel was honoured at the MENA Travel Awards 2014 and Sharjah Tourism Excellence Award events DUBAI (May 28, 2014) – Ramada Sharjah received two separate accolades honouring its service quality and facilities at the MENA Travel Awards 2014 and Sharjah Tourism Excellence Award this spring. The hotel won its first Silver Award in the ‘Best 4-Star Business/Corporate Hotel’ category at the MENA Travel Awards 2014 on […]
Beirut, Lebanon – This was not an ordinary voting day. It was a parade of Syrians celebrating their embattled president, Bashar al-Assad, and expressing support for him in the battle to quell the uprising that erupted three years ago. Since early morning, tens of thousands of Syrians flocked to the heavily fortified area surrounding the Syrian embassy in Lebanon as expatriate voting began ahead of the June […]
Abdel Fattah el-Sisi, the former Egyptian army chief, is on course for a sweeping victory in the country’s presidential election, early provisional results suggested. Sisi won 96.2 percent of about 21 million votes cast, state television reported early on Thursday, with the ballots from 312 of 352 counting stations tallied. Hamdeen Sabahi, the only other candidate, received 3.8 percent of the votes counted. Voter turnout was low, at 44.4 percent, despite the government […]
A deadly respiratory virus that originated in Saudi Arabia two years ago has reached Iran, infecting two sisters in the southeast province of Kerman, the health ministry reported. In a statement posted on the ministry’s website, it said two other members of the same family had the symptoms of the disease, known as Middle East Respiratory Syndome or MERS, but their cases had not been confirmed. According […]
CAIRO — The Benghazi militant group Ansar al-Shariah is under attack by a renegade former general trying to rid Libya of political Islam. But in response, the militia has taken aim squarely at Washington. “We remind America of their defeats in Afghanistan, Iraq and Somalia,” Mohammed Ali al-Zahawi, the leader of Ansar al-Shariah, declared this week in a videotaped statement, warning that the United States would face […]
DUBAI // Two Mediterranean olive trees each more than a millennium old have found a new home on The World islands. The trees, dated between 1,300 and 1,400 years old, are being planted on the Heart of Europe chain of man-made islands off the Dubai coast by the UAE-based real estate developer Kleindienst Group. In all, 58 trees comprised of more than 10 varieties native to the […]
Mashreqbank, the Dubai-based lender owned by the Al Ghurair family, plans to raise about $500 million from a three-year loan as it seeks funds to expand, three bankers familiar with the plan said. Bank of America Corp.’s Merrill Lynch unit and Australia & New Zealand Banking Group Ltd. (ANZ) are helping coordinate the fundraising with five other banks also expected to participate, one of the people said, […]
In Dubai, a city known for some of the world’s most luxurious hotels and penthouses, developer Union Properties PJSC (UPP) is looking to tap demand from people who want to visit the emirate without breaking the bank. The company plans to build around 1,000 hotel rooms in the next five years to address a shortage in the middle- and lower-end of the market, managing director Ahmad Al […]
WASHINGTON — Solicitor General Donald B. Verrilli Jr. faced a legal and bureaucratic dilemma this year: Obama administration officials could not agree about what he should tell the Supreme Court about a lawsuit in which American victims of terrorist attacks in Israel are suing Arab Bank, the largest financial institution in Jordan. The plaintiffs have accused Arab Bank of providing services to terrorists responsible for the attacks. […]
Etisalat expects to conclude a long-delayed deal to allow competition in UAE fixed-line telecommunications services by the end of 2014, a company document states, which could threaten its dominant position in the lucrative sector. Etisalat and rival du have been unable to reach an agreement over so-called bitstream access, or network-sharing, in the United Arab Emirates, despite beginning talks in 2009 and the government being the largest […]
