A French court Monday ruled in favor of the Libyan side which claims ownership of late Gaddafi’s luxurious plane also claimed by a Kuwaiti group to which the former Libyan regime owes millions of euros. The Airbus A340 plane was seized by the Kuwaiti al-Kharafi conglomerate following a ruling of a Cairo court in 2013. […]
Tag: Kuwait
First Islamic Bank in Morocco Expected Next Year
Morocco will have its first Islamic bank next year, according to a statement made lately in Kuwait by governor by the central bank of the North African country Abdellatif Jouahri. Morocco will become thus the latest Muslim-majority country to develop a regulatory framework specific to Islamic finance after the parliament approved last year a bill […]
UAE Backs Morocco’s Autonomy Plan for Western Sahara
The United Arab Emirates has backed Morocco’s plan to grant autonomy status to Western Sahara in a bid to resolve the decades-old territorial regional and artificial conflict which is undermining the Maghreb union. In a joint communiqué released after talks held between UAE foreign minister Sheikh Abdullah Bin Zayed Al Nahyan and his Moroccan peer […]
Turkey slams Arab League criticism of airstrikes in Iraq, wins Obama’s nod
Turkish Foreign Ministry rejected Thursday Arab League condemnation of Turkish forces’ bombardment of PKK positions across the Iraqi borders. The Ministry urged the Arab League “to back Turkish authorities’ war on terror rather than terrorism itself.” Arab League Secretary-General Nabil al-Araby condemned Ankara after it launched air raids against PKK fighters’ positions in northern Iraq […]
Pay TV Subscribers in MENA to Reach Over 21 Mln in 2020
The number of pay TV subscribers in the Middle East and North Africa will reach 21.3 million in 2020, says a report released by Digital TV Research Ldt. According to latest “Digital TV Middle East & North Africa Forecasts”, Turkey will account for 37 pc of the overall digital TV market in the five coming […]
Egypt: Debt payment delayed, Gulf oil grants over, Minister Ismail
Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]
Arab League: Pan-Arab joint force taking shape, Foreign, Defense Ministers to ratify protocol
Arab League countries are quickening the pace for the creation of the Arab joint force as the League announced Monday it would be holding a meeting in August for the ratification of the draft protocol. The meeting in the Egyptian capital, Cairo, will gather Foreign and Defense Ministers of the Arab League member countries on […]
Tunisia calms Algerian nerves over Washington status
After Washington upgraded its ties with Tunisia to the level of a strategic ally during President Béji Caid Essebsi’s maiden visit as president, Khemaies Jhinaoui Diplomatic Adviser to the North African President explained to his compatriots that it does not mean that they have become a member of the North Atlantic Treaty Organization (NATO) as […]
International: Muslim world foreign ministers meet in Kuwait to discuss approaches to stem terrorism
Over 50 foreign ministers from the Islamic Cooperation are meeting in the Kuwait capital to address approaches and sustainable solutions that will help stem terrorism, hate speech, radicalism in the Muslim world. The two-day event will kick off on May 27 and close on May 28 in Kuwait. This year marks the 42th edition of […]
Boycott of USA-GCC Summit, a Warning or a Declaration of Independence?
Rulers of Four Arab countries out of the six nations forming the Gulf Cooperation Council (GCC) are snubbing the summit to be hosted by President Barack Obama at the White House on May 13 and at Camp David Presidential retreat on May 14. King Salman of Saudi Arabia announced that he would not attend the […]









