A UAE wealth fund buys stakes in Egyptian fertilizer and cargo companies as part of a $2-billion investment in the country, according to Bloomberg. An Abu Dhabi wealth fund has agreed to invest about $2 [ More … ]
Yemeni Houthis warned they would face ‘escalation with escalation’ following attack on detention center that left more than 100 dead Yemen’s Houthi rebels have threatened further escalation after two ballistic missiles launched by the group [ More … ]
The United Nations Envoy to Yemen, Hans Grundberg, on Thursday met with the Saudi Deputy Defense Minister, Khalid Bin Salman Al-Saud, in the Saudi capital city of Riyadh, where they discussed ways to end the [ More … ]
The central banks of Turkey and the United Arab Emirates (UAE) have inked a swap agreement with a nominal size of 18 billion UAE dirhams and TL 64 billion ($4.7 billion), the Central Bank of [ More … ]
Turkish president says he will visit Riyadh next month, following warming relations and the resumption of ties with the UAE Turkish President Recep Tayyip Erdogan said on Monday that he plans to visit Saudi Arabia [ More … ]
Saudi Arabia’s National Debt Management Centre (NDMC) said it has completed its 125 billion riyal ($33.3 billion) borrowing plan for 2021. Saudi Finance Minister and Chairman of the NDMC, Mohammed Bin Abdullah Al-Jadaan, announced that [ More … ]
There are rising concerns about the health of King Salman bin Abdul Aziz of the Kingdom of Saudi Arabia, 85, after he has remained 482 consecutive days in his palace in the desert city of [ More … ]
Emirati Minister of Industry and Advanced Technology said on Wednesday that Turkey and the United Arab Emirates are entering a new era of relations, according to Anadolu News Agency. Speaking to Turkish state broadcaster, TRT, [ More … ]
Saudi Arabia has deposited $3 billion each in the Central Bank of Egypt, according to the Saudi Press Agency (SPA). The SPA Monday report cited a statement by the Saudi Finance Ministry, saying that Riyadh [ More … ]
Following Saudi Arabia and Bahrain, Kuwait and the UAE have summoned their ambassadors from Beirut, over a diplomatic row provoked by Lebanese minister’s criticism of Riyadh’s on-going military intervention in Yemen. On Friday, the Kingdom [ More … ]
Human rights groups have announced that Dr. Musa Al-Qarni has died in Saudi prisons, after spending 14 years of arbitrary arrest and imprisonment. ALQST, a London-based human rights organization that documents and promotes human rights [ More … ]
“Expo 2020 is yet another opportunity for the UAE to falsely present itself on the world stage as open, tolerant, and rights-respecting while shutting down the space for politics, public discourse, and activism,” says Michael [ More … ]
Kuwait has announced that the country’s labor market has lost 199,000 non-Kuwaiti workers, mostly from the Egyptian and Indian nationalities, covering 15 different activities, which is the largest number in the history of the country. [ More … ]
The UAE yesterday sentenced a Syrian human rights activist to ten years in prison on charges of terrorism and insulting the prestige of the state. Abdul Rahman Al-Nahhas, the Syrian activist who founded Insan Watch [ More … ]
No other dictatorship in the world gives more money to U.S. think tanks than the UAE, where major Emirati-funded DC policy organizations have said remarkably little about the country’s illicit influence. A report by Aditi [ More … ]
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