Latest Middle East News
RSS-
Emirates NBD markets Tier 1 perp NC6 at low 6
By Sudip Roy Tue May 21, 2013 4:32am EDT LONDON, May 21 (IFR) - UAE lender Emirates NBD has begun marketing a Tier 1 perpetual non-call six year bond at low 6% on Tuesday, according to a source and lead manager. Books are open on the unrated Reg S-only issue, which is expected to launch and price on Wednesday. There is a 50 cents rebate for private banks. The bond is guaranteed by Emirates NBD ...
-
Qatar Norway Azerbaijan to each get about $500 mln of VTB shares -CEO
LONDON | Tue May 21, 2013 4:27am EDT LONDON May 21 (Reuters) - The sovereign wealth funds of Qatar, Norway and Azerbaijan will each get about $500 million of the new shares being issued by VTB, the Russian bank's chief executive Andrei Kostin said on Tuesday. The $500 million allocation is the "kind of ticket we are thinking of" Kostin told Reuters in London. The ...
-
Iran’s MFA issues official statement on release of Azerbaijani citizens
Abbas Araghchi: "Demonstrating goodwill we released the Azerbaijani citizens". "There are good relations between Azerbaijan and Iran," spokesman for Iran’s Foreign Ministry Seyed Abbas Araghchi said at the weekly ...
More Middle East News
RSS-
Chaos caused by Libyan war delays action in Syria
Libya is now a center of jihadist terror. The Western intervention in Libya in 2011 accelerated the destabilization of the Libyan state and the North African and Sahel regions, and as a result chaos, weapons, and jihadist groups have spread outside of the state's borders, said Prof. Yehudit Ronen of the political science department at Bar-Ilan University.After the fall of Muammar ...
-
Hezbollah ‘plays growing role in Syria’
Supporters of Hezbollah and relatives of Hasan Faisal Sheker, an 18-year-old Hezbollah member, carry the coffin during his funeral in Nabi Sheet near Baalbeck on Monday. About 30 Lebanese Hezbollah fighters and 20 Syrian soldiers and militiamen loyal to President Bashar al-Assad have been killed in the fiercest fighting this year in the rebel stronghold of Qusair, Syrian activists said on ...
-
Iraq bombings kill five wound 69
FOUR bombings in northern Iraq killed five people and wounded 69, officials said, the latest in a spate of violence that has killed more than 370 people so far this month. Two car bombs exploded on Tuesday in a Turkmen Shi'ite area of Tuz Khurmatu, a town in Salaheddin province, killing three people, wounding 44 and causing extensive damage to 10 houses, police and a doctor said. And two ...
-
Top Palestinian negotiator throws weight behind Kerry peace plan
US Secretary of State John Kerry arrives in the Middle East on Tuesday (AFP) The chief Palestinian peace negotiator has thrown his weight behind John Kerry's efforts in the Middle East, Reuters reported on Tuesday.The US Secretary of State arrives in Oman on Tuesday, the first stop in a week-long regional visit, which will include meetings with Israeli and Palestinian ...
-
Death toll in Turkish balloon crash reaches 3
ANKARA, Turkey: Officials say another Brazilian tourist has died of wounds sustained after a hot air balloon crashed to the ground, raising the number of tourists killed to 3. The balloon collided with another balloon mid-air and crashed during a sightseeing tour of volcanic rock formations in Turkey's Cappadocia region on Monday. The governor's office for Nevsehir province said ...
-
McCully pledges peacekeeping troops to the Middle East
Minister of Foreign Affairs Murray McCully has offered to send New Zealand soldiers to the Middle East if there's an unsanctioned peace deal between Palestine and Israeli. The peace initiative's being brokered by US Secretary of State John Kerry, who received Mr McCully's offer in person. The latest violent protests on the West Bank erupted just last week. But despite the ...
-
Cairo’s rights record concerns US
Washington - The United States expressed concern on Monday at the repression of civil rights in Egypt, particularly the free speech rights of political activists and ...
-
Syria crisis Israel returns fire
o Violence in Syria spills over into Lebanon, Israel and Iraqo Obama 'concerned' about Hizbollah's attack on Qusairo Britain supplies 4bn-worth of arms to Saudi ...
-
Abu Iyadh to Tunisia rulers Thank you tyrants but we will never be defeated
TUNIS - The fugitive leader of Ansar al-Sharia, the radical Islamist group in Tunisia, said his supporters cannot be defeated despite their "persecution," in a recording posted online late Sunday after bloody clashes with ...
-
Kerry Visits Oman Seeking Syria Peace Conference
U.S. Secretary of State John Kerry meets Tuesday with the sultan of Oman, on his latest stop in a campaign to help arrange a Syrian peace ...
-
Iran disbands two terrorist groups
Iran disbands two terrorist groups, Intelligence Ministry says. The Iranian Intelligence Ministry says it has identified and disbanded two terrorist groups that smuggled weapons into the country. In a statement released on Monday, the Ministry said, "The enemies of the nation have intensified their destructive activities and [are] making arrangements for different types of seditious ...
-
22 people killed in spate of bombings in Iraq
The death toll in a series of car bomb attacks in the Iraqi capital of Baghdad and in the southern city of Basra on Monday rose to 22, with at least 137 people wounded, the police ...
-
Ethiopia Ethiopia Kuwait Agree to Build Up Relations
Ethiopia and Kuwait have agreed to strengthen existing trade and investment relations. During his stay in Kuwait, Prime Minister Hailemariam Dessalegn held discussions that country's senior officials on various issues common concern. Ethiopia and Kuwait have been enjoying excellent diplomatic relations since 1997. Embassies of the two countries have contributed to the flourishing bilateral ...
-
Inclusive dialogue required to end daily violence in Syria says UAE paper
WAM ABU DHABI, May 21st, 2013 (WAM)--The ongoing fighting in Qusayr, between government forces and rebels, is a very dangerous episode in the Syrian conflict. Dozens of people have been killed already and with reports that Hezbollah fighters are taking part, the conflict is fast becoming sectarian and regionalised in nature. Arab League ministers have already announced they would hold an ...
-
Man in police uniform kills 3 Afghan police
A man in police uniform opened fire and killed three Afghan police in Khost province 150 km southeast of Kabul on Saturday, an official said. "In a tragic incident, a police constable opened fire and killed three colleagues in a checkpoint in Zazai Maidan district at 03:00 a.m. local time today," the district police chief Azizullah told Xinhua. He also stated that investigation is ...
-
Chevron nears sale of Egypt Pakistan downstream assets -sources
By Dinesh Nair DUBAI | Tue May 21, 2013 2:16am EDT DUBAI May 21 (Reuters) - Chevron Corp is in advanced talks to sell its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major. Chevron, the second-largest U.S. oil company, is conducting a separate sale process for its assets in both countries, the ...
-
Falling for Moscow’s Syria trickery
Amir Taheri While some commentators are urging President Obama to arm the Syrian rebels, he may be doing the opposite - by trying to stop the flow of arms to them.Sources in the Syrian opposition tell me that the message from Washington to countries that help arm the rebels is to slow down shipments as a part of "confidence-building measures" with Russia. Secretary of State John Kerry ...
-
Fresh surge of Iraq violence kills 95 bringing months toll to 366
International News: Baghdad: A wave of attacks killed at least 95 people in Shiite and Sunni areas of Iraq on Monday, officials said, pushing the death toll over the past week to more than 240 and extending one of the most sustained bouts of sectarian violence the country has seen in ...
-
Israeli troops in Golan return fire from Syria army
Israeli soldiers patrolling the disputed Golan Heights along the border with Syria fired back after coming under fire overnight, an Israeli Defence Forces statement said ...
-
IMF warns Saudi Arabia over inflation risk
Saudi Arabia faces a possible inflation risk due to buoyant growth that may warrant policy action to prevent the economy from over-heating, the International Monetary Fund has ...
-
Jordan seeks to bring Hornets back
(1 hr ago) Charlotte Bobcats owner Michael Jordan is changing his team's name to the Hornets, said a person familiar with the situation. The person said Jordan will detail the timetable for the change to be completed at a news conference the Bobcats have scheduled for Tuesday. The person spoke to The Associated Press Monday on condition of anonymity because the name change has not been ...
-
Israel fires back at Syria after gunshots at its troops
Israeli soldiers walk together during a training close to the ceasefire line between Israel and Syria on the Israeli occupied Golan Heights May 7, ...
Cairo Discussed
-
Cairo leading new wave in literature
The publishing industry in Cairo is undergoing a profound change that may have implications for the day-to-day life of Egyptians for years to come, it is a kind of revolution in literature that may one day put Cairo on the map, nestled among those other publishing powerhouses, New York, London, and Chicago primarily, but also regional publishing centers like Johannesburg, Mumbai, and Sydney.
Cairo is already a literature producing city, but it is more commonly associated with Arabic texts, and these pieces of literature are further associated with sweeping assessments of society, societal change, politics and religion on a macrocosmic level. Traditionally, there has also never been much of a local market for literature in Cairo or wider Egypt, leading to an old saying that books are written in Cairo, but published in Beirut and then read in Baghdad. Read more
News from around our Network
