Author: Steven Sahiounie

Bahrain is reportedly seeking investors for a key oil pipeline this is used to transport crude from Saudi Arabia, according to a Bloomberg report.

Numerous companies and family businesses have moved their global offices to Dubai over the past one-and-half years as the emirate has been a major beneficiary of new trends in the post-Covid period, a senior official said on Wednesday.

Member of the PLO Executive Committee and Head of the Higher Presidential Committee for Church Affairs in Palestine, Ramzi Khouri, received the Greek Consul General in Jerusalem, Dimitrios Angelosopoulos, at the Committee’s headquarters in Bethlehem. Khouri briefed the Greek Consul General on the latest developments in Palestine, shedding light on the Israeli persistent violations against Muslim and Christian holy sites, particularly in occupied Jerusalem. He also highlighted the alarming surge in attacks targeting Christians by colonial mobs. In addition, Khouri addressed the restrictions and oppressive measures imposed by Israeli occupation authorities during the Holy Week, particularly on Holy Saturday. Such…

The head of the Atomic Energy Organization of Iran (AEOI) has pointed to the close cooperation between the Islamic Republic and the International Atomic Energy Agency (IAEA), saying over 100 inspectors from the UN nuclear agency have been granted permission to work in the country. “We have not barred any IAEA inspector from coming to Iran. A total of 130 IAEA inspectors are permitted to visit Iran and conduct inspections,” Mohammad Eslami told reporters on the sidelines of a cabinet session on Wednesday. He highlighted the constant interaction and dialogue between Iran and the UN nuclear agency under the Comprehensive Safeguards Agreement…

British Foreign Secretary David Cameron argues that the establishment of a Palestinian State is challenged by illegal Israeli settlements in the West Bank. British Foreign Secretary David Cameron addressed key issues on Tuesday concerning the Palestinian cause amid the Israeli war on Gaza, emphasizing the negative impact of “Israel’s” settlements on the visibility of a Palestinian state. During a House of Lords International Relations and Defense Committee session, Cameron said that the illegal settlements built by “Israel” in the West Bank were exacerbating the challenges in establishing a Palestinian state. He argued that “It was getting harder because of the…

The decline was mainly driven by Food & Beverages, which fell to 0.7% m-o-m in March, said Al Rajhi Capital Research

According to the CBUAE monthly report, the aggregate capital and reserves of UAE-based banks increased by around AED63 billion or 14.4 percent year-on-year (YoY)

Dubai has been voted one of the world’s top 10 cities for expatriates to work and live in, according to a new survey.

Government debt can be a valuable tool for addressing myriad economic challenges. But it is not – and has never been – a free lunch

The prediction of a 2023 recession proved correct, but only for Germany and the United Kingdom, not the United States