Latest Arab News
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Musical Arab-Jewish youth seek the key to coexistence
A Yale University alumnus and veteran of the school's famed a capella groups has brought his talents to Jerusalem, where he launched an Arab-Jewish youth ...
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Asia Crude-MRPL bought Oman oil to replace Iran oil
NEW DELHI | Wed May 22, 2013 12:01pm EDT NEW DELHI May 22 (Reuters) - India's MRPL has bought 600,000 barrels of Omani crude oil from trader Vitol for lifting in the first half of July, two sources with knowledge of the deal said, as the refiner avoids Iranian oil due to western sanctions. Mangalore Refinery and Petrochemicals Ltd (MRPL) has also bought about 600,000 barrels of ...
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Long road to transition for Arab countries
The past two years have been difficult for the Arab countries in transition - Egypt, Jordan, Libya, Morocco, Tunisia and Yemen - and the situation will remain difficult in the near term. Unless countries adopt a comprehensive policy package that aims to maintain macroeconomic stability and lays the foundations for job-creating growth, the hopes and aspirations of people will be dashed, with ...
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With 66 growth Patrol sets pace for Nissan sales in Middle East
Sales of Nissan cars increased across the Middle East by more than a quarter in the past financial year, slightly outpacing the overall market. The 26.2 per cent rise helped the company capture a market share of 14.4 per cent in the Arabian Gulf during the period. It is estimated that the market grew by about 25 per cent in 2012. "It would be difficult not to be pleased with 26 per cent ...
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Qatar Petroleum Takes 15 Stake in Total EP Congo
Qatar Petroleum International (QPI) and Total announced the signing of a framework of Agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15 percent share capital increase of this company. This participation reinforces Qatar's commitment to invest in Africa and illustrates Congo's willingness to welcome Qatar as a new partner. Furthermore, thanks ...
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Egypt-Gaza Crossing Reopens after Liberation of Hostages
Cairo, May 22 (Prensa Latina) The border crossing at Rafah city, linking Egypt and Gaza, reopened today after five days of being shut down by soldiers due to the kidnapping of seven guards. The crisis involving seven members of the Egyptian security corps, kidnapped six days ago in the Sinai Peninsula, ended today in an anti-climax, their liberation achieved through the mediation of Bedouins. ...
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Iran qualifies 8 candidates bars 2 hopefuls ahead of
Iran's Guardian Council of Constitution announced the names of eight eligible candidates for the upcoming presidential election while barring two major political figures from running for presidency.Among the qualified candidates, nuclear negotiator Saeed Jalili, Tehran Mayor Mohammad-Baqer Qalibaf, former foreign minister Ali- Akbar Velayati, senior lawmaker Gholam-Ali Haddad-Adel, and ...
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Young faces enliven Kuwaits faded art scene
View Photo Reuters/Reuters - Kuwaiti graphic designer Mohammad Sharaf talks about his work in his office in Hawalli, May 1, 2013. After two lackluster decades, Kuwait is experiencing a quiet revival of an arts scene ...
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Kerry warns Syrias Assad against rejecting political solution
AMMAN, May 22 (Reuters) - Western governments are ready to increase support to opponents of President Bashar al-Assad if he rejects a political solution to Syria's civil war, U.S. Secretary of State John Kerry said on Wednesday. Kerry said recent military gains by Assad's forces were only temporary and that if he believed the counter-offensives against the rebels would be ...
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How Soccer Can Help Us Predict the Next Arab Spring Revolution
In some countries, those engaging in public forms of dissent are often tortured and "disappeared." Soccer fans, in contrast, are allowed to vent as much as they want, and in large ...
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Russia says Assads foes lack commitment to peace talks
MOSCOW (Reuters) - Russia said on Wednesday that the Syrian opposition had not yet shown enough commitment to efforts to arrange a peace conference with ...
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In Brotherhoods Egypt blasphemy charges against Christians surge ahead
A blasphemy trial against a Christian teacher in this Egyptian city renowned for its Pharaonic monuments is among a wave of cases that have Egyptian Christians worried they can be jailed for insulting Islam on the flimsiest of ...
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UN emergency fund provides $9.8 million to assist Syrian refugees in Jordan
CERF ) has provided $9.8 million to support the establishment of a new camp for Syrian refugees in Jordan and to help meet the growing needs of those fleeing the ongoing conflict. ';With this CERF funding, UN agencies will be able to better meet the needs of the influx of people fleeing the increasingly desperate situation in Syria,'; said the ...
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Shlomo Maoz Arabs pay higher interest rates
"If I live in Israel and I'm Bedouin or Arab, the interest rate I pay is higher. The closer I get to the White Men and Tel Aviv, the interest rate I pay ...
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Iran Hezbollah increasing support for Assad U.K.
Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support. "It is very clear that Syrian regime is receiving a great deal of support, increasing support in recent months from ...
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QRail to render Qatar unrecognisable by 2019
A senior executive at Qatar Rail (QRail) has revealed the staggering statistics behind the $40bn slew of rail-based contracts now getting underway across the State of Qatar, in a Qatar University seminar dedicated to the national endeavour. Broken down the programme includes a light rail transit linking Lusail and West Bay to be completed by 2017, the first phases of both the long-distance ...
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Human Rights Minister Bahrain Has Presented Itself as a Model in Implementing BICIs Recommendations
Rabat, May 22. (BNA) -- On the sidelines of the Kingdom's human rights delegation's visit to Morocco, at the invitation of the Inter-ministerial Delegation on Human Rights here, Human Rights Affairs Minister Dr. Salah bin Ali Abdulrahman met here today with the Attorney General of the King at the Court of Cassation Mustafa. During the meeting, Mustafa Maddah welcomed the ...
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Deputy Premier Receives British Ambassador to Bahrain
Manama, May 22. (BNA) -- Deputy Premier Shaikh Mohammed bin Mubarak Al Khalifa received here today the British Ambassador to Bahrain Iain Lindsay. They reviewed the positive outcomes of His Majesty King Hamad bin Isa Al Khalifa's recent visit to the United Kingdom and the warm welcome and hospitality accorded to him by Her Majesty Queen Elizabeth II and British senior officials. The ...
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Qatar hits fresh 28-month high UAE markets mixed
Elsewhere, Dubai's benchmark gained 0.2 percent to finish at 2,323 points, giving back some early-session gains as investors booked some gains in UAE stocks. Abu Dhabi's index slipped 0.2 percent to 3,503 points, down for a third session since Monday's 54-month ...
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Crowell Moring Cairo advises ADIB-Egypt on landmark Islamic Finance deal
) in connection with a landmark Islamic Finance facility extended to Maridive and Oil Services SAE. Abu Dhabi Islamic Bank- Egypt was the Initial Mandated Lead Arranger (IMLA) and the global coordinator in the deal, coordinating the financing with Abu Dhabi Islamic bank (UAE), Arab African International Bank, Banque du Caire and Arab International Bank. The deal is the first Islamic Ijara ...
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MIDEAST STOCKS-Kuwait dips from 4-yr high as rally stalls mkts mixed
By Nadia Saleem DUBAI | Wed May 22, 2013 10:12am EDT DUBAI May 22 (Reuters) - Kuwait's rally stalled on Wednesday as investors booked profits in bluechip and mid-cap stocks, while other Middle East markets were mixed in lacklustre trade. Kuwait's index fell 0.3 percent, easing from Tuesday's near four-year high. Telecom operator Zain and National Bank of Kuwait shed 1 and ...
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MIDEAST WEEKAHEAD-Slow progress on development projects puts Kuwait stock market boom at risk
By Nadia Saleem DUBAI | Wed May 22, 2013 10:12am EDT DUBAI May 22 (Reuters) - Kuwait's stock market boom could run out of steam if the government doesn't push ahead soon with long-delayed infrastructure projects aimed at diversifying the oil-reliant economy. Turnover on the Kuwait Stock Exchange has tripled from six months ago as reduced political unrest and an improved economic ...
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U.S. stands by Yemen Kerry says
John Kerry said. Kerry said Yemen has made important strides in transitioning toward a democratic government. "Yemenis from all walks of life have come together to chart a new course for their country through their National Dialogue, setting an example for the region of meaningful change through negotiation, inclusion and reconciliation," he said in a statement. Yemeni President ...
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Iranian unmanned aircraft found in Bahrain
An Iranian unmanned aircraft was discovered in northern Bahrain near Saudi Arabia, the Bahraini interior ministry said in a statement. In the statement issued late Tuesday, Interior Minister Sheik Rashid bin Abdullah al-Khalifa condemned Iranian spying efforts and accused Tehran of interfering with the internal affairs of Bahrain and Saudi Arabia. The minister expressed gratitude to Saudi ...
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Syria to reject outcome of Friends of Syria meeting envoy
Syrian Ambassador to Jordan Bahjat Suleiman said Wednesday that his country will reject the outcome of the "Friends of Syria" meeting slated to open soon in Amman.Speaking at a press conference, Suleiman said "we cannot accept any of the results of the so-called Friends of Syria meeting."The diplomat slammed the countries that will partake in the meeting as "Friends of ...
Saudi Arabia Digest
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Saudi Arabia's massive infastructure drive
Saudi Arabia is in the midst of a major construction boom being implemented and supported by the national government in order to improve infrastructure and living standards in the largest economy in the Arab world.
It was recently announced by the director-general of the Saudi Industrial Property Authority (MODON), Tawfig Fawzan Alrabiah, that a new industrial city would be built in Taif in order to cope with growing demand for industrial land in Saudi Arabia. The Taif Industrial City will in fact be a ‘city within a city’ so to speak, but will measure 11 square miles in size and will function as a fully-fledged industrial city, providing all the infrastructure required in such zones. Read more
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