Columns Opinions

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 […]

Business Emerging Markets Europe Features International

Oman and Spain seal €200m investment fund partnership

Oman and Spain have signed a joint partnership fund agreement that will help the two countries to use the Middle Eastern country as a center for their expansion plans. A €200 million joint investment fund was signed between Compañía Española de Financiación del Desarrollo (Cofides) and Oman’s State General Reserve Fund (SGRF) with both parties […]

Business Emerging Markets Features

Swiss Belhotel International is planning to set up in Morocco, Egypt and Tunisia in 2015

The Swiss hotel group Belhotel International plans to set up in Morocco, Egypt, and Tunisia in 2015 as part of an expansion plan in the Middle East & North Africa (MENA), said the group leader. “We want to enter into new markets, including Turkey, Egypt, Tunisia and Morocco in 2015”, said the head of the […]

Asia Business Features International

Economic Ties between Oman & Iran Thriving

Trade exchanges between Oman and Iran grew rapidly during the past two years to hit one billion dollars, said the Iranian ambassador to Oman, Ali Akbar Sibeveh. In a statement to the press on the sidelines of an Iranian-Omani trade exhibition that opened Tuesday in Muscat, Mr. Sibeveh said relations between the two countries are […]

Asia Features International

Qatar Ends Diplomatic brawl with Neighbouring Gulf States

Saudi Arabia, the United Arab Emirates and Bahrain have agreed to return their ambassadors to Qatar, ending several months of dispute over Doha’s support for Islamist groups and meddling in the domestic affairs of the three gulf countries. The agreement was announced by the Gulf Cooperation Council (GCC) following an emergency meeting in the Saudi […]

Egypt Features Headlines

Egypt : UAE tops Egypt’s tourism scale

The influx of tourists to Egypt has been declining since 2011 but the country continues to register a significant increase of visitors coming from the United Arab Emirates (UAE). The Red sea resorts of Sharm El Sheikh and Hurghada are the most preferable destinations. Egyptian authorities have been doubling their efforts to attract visitors but […]

Egypt Features Headlines

Egypt’s Tourism Ministry on “aggressive” promotion

Egypt’s Tourism Minister, Hisham Zaazou, has decided not to be pulled back by the sporadic violence and bombings to promote and develop what was once a renowned industry and an important sector of the economy; Tourism. He is targeting tourists from around the globe to revive the vibrancy of the sector. Almost 2,5million Russians visited […]

Asia Features International

Iranian Spies Nabbed in Saudi Arabia

Saudi authorities have caught 18 people having direct link to Iranian intelligence services, exacerbating secret war and tensions between the Sunni Arab monarchies and Shiite Persian Iran accused of seeking to destabilize the Gulf countries by inciting their indigenous Shiite communities to stage demonstrations during the Arab Spring. According to Saudi Interior ministry, the spy […]