Latest Arab News
RSS-
Damac emerges from Egypt tussle poorer but clean
with Egypt’s government, but at a significant cost, according to figures published by an Egyptian newspaper. Under the terms of the deal, Damac will pay an additional $20.77m to reclaim the right to construct its "Park Avenue" mall and commercial project on the Cairo-Alexandria road, while it will forfeit its stake in local developer, ‘Hyde Park Properties for Development ...
-
Events industry on Middle East carbon footprint
Members of the professional sound and light industry tackled the issue of carbon footprint produced by events held in the Middle East. During a panel discussion at PALME Middle East 2013, experts looked at whether the massive amount of energy needed to put on everything from spectacular launch parties to concerts and shows can be justified. The event industry is a significant energy consumer ...
-
World Bank pledges financial support to Jordan
World Bank President Jim Yong Kim. Image courtesy of The Telegraph On Tuesday, the World Bank announced that it will supply Jordan with "substantial funds" to help the country cope with the huge influx of Syrian refugees that it has been receiving since the start of the conflict.Since the onset of violence in ...
More Arab News
RSS-
Bahrain MPs vote to ban pork in kingdom
Lawmakers in Bahrain have approved a change in legislation that would criminalise the sale, import, export, production and possession of all pork products, it was ...
-
Dare to dream Everest climber tells Arab girls
"Thank you very much. I’m at the Everest Base Camp waiting for my helicopter," said a voice battered into weak decibels by wind and altitude, but still resonating with the excitement of a world ...
-
Kerry praises $2.1 billion Raytheon deal in Oman
U.S. Secretary of State John Kerry, left, meets with Oman's Sultan Qaboos bin Said at Bait Al Baraka in Muscat, Oman, Tuesday, May 21, 2013. (AP Photo?Jim ...
-
Egypts EFG Hermes says Q1 net profit jumps 27 pct
CAIRO | Wed May 22, 2013 4:40am EDT CAIRO May 22 (Reuters) - EFG Hermes, Egypt's biggest investment bank, saw net profit jump 27 percent in the first quarter from the same period a year earlier, the bank said on Wednesday. Net profit for the period increased to 98 million Egyptian pounds ($14 million) from 77.0 million pounds in the first quarter of 2012, the bank said in a ...
-
Iranian president to challenge ban against aide from
Iranian President Mahmoud Ahmadinejad said Wednesday that he will take up the ban against his top aide, Esfandiar Rahim-Mashaei, from running in the upcoming presidential election with supreme leader Ayatollah Ali Khamenei, semi-official ISNA news agency ...
-
Iraqi PM orders reshuffle of top security officers
Iraqi Prime Minister Nuri al-Maliki ordered a reshuffle of top security officers after recent attacks left hundreds of people killed and wounded, a government statement said on Wednesday."The Commander-in-Chief of the armed forces Nuri al-Maliki today after consultation with security officials issued decrees of changes in the operations command and the commands of divisions," ...
-
AP condemns Irans interference in Bahrains internal affairs
Cairo, May 22 (BNA) - The Arab Parliament denounced the remarks said by Iranian Assistant Foreign Minister for Arab and African Affairs Hussain Amir Abdullahyan on the Kingdom of Bahrain, considering the same as unacceptable interference in the internal affairs of the Kingdom of Bahrain, and uncharacteristic behavior in international relations and contrary to all international laws and ...
-
Top US official in Oman for $2.1bn arms deal signing
US Secretary of State John Kerry flew to Oman on Tuesday for Raytheon Co's signing of an estimated $2.1bn arms deal and to consult on Syria and Iran, US officials ...
-
Why have Syrian refugees stopped entering Jordan
The number of Syrian refugees entering Jordan has almost ground to a halt over the last four days, with conflicting reports coming from the border as to ...
-
Bicycle bomb kills 1 wounds 5 in Afghanistans Ghazni
One Afghan civilian was killed and five others were wounded Wednesday morning when an improvised bomb went off in Ghazni city, the provincial capital of eastern Ghazni province, police said."An Improvised Explosive Device (IED) attached to a bicycle exploded at around 8:40 am local time in third police district in Ghazni city, killing one civilian and wounding five others," deputy ...
-
Turkeys TAV to bid for Kuwait Bahrain airport contracts
Middle East director Yusuf Akcayoglu told Construction Week the company is waiting for the release of tender documents for the new passenger terminal building project at Kuwait International Airport and for the Bahrain Airport expansion ...
-
Virtual Job Fair for The Middle East
Monster Gulf, an online career and recruitment solutions providers in the region announced its Virtual Job Fair for The Middle East, taking place from 26th – 30th ...
-
Irans Ahmadinejad says will challenge allys ban from election
Iran's electoral watchdog on Tuesday disqualified Esfandiar Rahim Mashaie, Ahmadinejad's former chief of staff, from running in the June 14 presidential vote. "In my opinion there will be no problem with the Leader and I will take up this issue until the last moment with him," Ahmadinejad said on Wednesday, according to the ISNA news agency. "I am hopeful the problem ...
-
Egypt TV 7 security personnel kidnapped in Sinai freed
Egyptian soldiers deployed at Rafah Crossing border between Egypt and Gaza Strip on May 21, 2013 as Cairo was intensifying efforts to secure release of seven security personnel captured in Sinai Peninsula week ...
-
Hunger poverty rates rise in Egypt over the past three years UN
New York, May 22 : Poverty and food insecurity in Egypt have risen significantly over the last three years, according to a joint reports released Tuesday by the United Nations food agency and ...
-
10 insurgents killed in E. Afghan raids
Ten insurgents have been killed in eastern Afghan provinces during operations started on Tuesday, said the NATO-led International Security Assistance Force (ISAF) on Wednesday."Afghan National Security and Coalition Forces killed 10 insurgents, detained four suspected insurgents and safely cleared six improvised explosive devices (IEDs) during operations in eastern Afghanistan throughout ...
-
Egyptian army says security officers kidnapped in Sinai released
Sinai last week have been released and are on their way to Cairo, army spokesman Ahmed Ali said on his Facebook page on Wednesday."The seven kidnapped Egyptian soldiers are on their way to Cairo after their release thanks to the efforts of the Egyptian military intelligence in coordination with the elders of the tribes and families of Sinai," he ...
-
Gulf pension funds ramp up assets amid Arab Spring
State pension funds in the Gulf are sharply increasing their investments in new assets on the back of the Arab Spring and demographic shifts, a report ...
-
Qatar wins green light for London Shell Centre
Qatar's sovereign wealth fund has secured local government approval to build almost 900 homes and eight office blocks at the site of Royal Dutch Shell's London ...
-
Eastday-Arab League warns against foreign interference in Syrian conflict
CAIRO, May 21 (Xinhua) -- The Cairo-based Arab League (AL) warned against the interference of foreign parties, directly or indirectly, in the ongoing military conflict in Syria, a statement said ...
-
Study says India Jordan Bangladesh Hong Kong worlds most racially intolerant
INDIA, Jordan, Bangladesh and Hong Kong are among the the most racist countries in the world - but Britain is among the most accepting of different races, a survey has found. The World Values Survey asked people in more than 80 countries what type of people they did NOT want as neighbours. More than 40 per cent of those quizzed in India, Jordan, Bangladesh and Hong Kong said they didn't ...
-
17 of Egypts population suffered food insecurity
Average Egyptian household spends 40.6 percent of its expenditures on food The World Food Programme (WFP) in Egypt released a report on Tuesday showing that 17 percent of Egypt's population, an estimated 13.7 million people, suffered from food insecurity in 2011, compared to 14 percent in 2009.According to the joint report by the World Food Programme, the International Food Policy Research ...
Jordan Digest
-
Aqaba taking Jordan along for the ride
Aqaba is now officially the site of one of the largest infrastructure developments in the Middle East region, and certainly the largest development ever undertaken in Jordan’s history. Marsa Zayed is a mammoth project worth $10 billion and on its own is expected to more than double Jordan’s tourist revenues. Marsa Zayed is one in a long list of significant developments taking place in Aqaba, which is set to become the premier tourist destination of the country and a leading destination in the Gulf, but this project is notable for its sheer size.
Marsa Zayed envisions a marina development with room for 300 yachts and a cruise ship terminal all surrounded by a mixture of hotel, resort and luxury apartment complexes. The entire project is slated for completion in several years time, when Jordan first signed the development deal with Al Mabaar, a UAE-based real estate firm, in 2008, Jordan news media reported that it would be completed in 2013. Read more
News from around our Network
