January 17th, 2016 | 0 commentsLG Electronics, a global leader and technology innovator, has announced an executive promotion and new leadership roles for its Middle East & Africa operations. The key announcement for the region was the promotion of the president, Kevin Cha to the position of executive VP at LG Electronics, MEA operations. Cha has been the president...
January 13th, 2016 | 0 commentsThe Arab Parliament approved today in its meeting at the Arab League headquarters in Cairo a proposal by the Foreign, Political and National Security Affairs Committee on condemnation of the terror cell in Bahrain, attempts to interfere in the kingdom's internal affairs and threatening its security and stability. The parliament stressed B...
January 7th, 2016 | 0 commentsCouncil of Representatives Speaker Ahmed bin Ibrahim Al-Mulla stressed the need for the unified Arab discourse and promoting development projects that support the economic development, which is witnessing political and economic fluctuations amid the fall of oil prices and counterterrorism operations in the region. This came as Speaker tod...
December 22nd, 2015 | 0 commentsEgypt is expanding on Monday a campaign targeting citizens from Arab Gulf countries under the name of "This is Egypt" (#ThisIsEgypt), in an attempt to revive the country's ailing tourism industry. "This is Egypt" will kick off in Saudi Arabia's Jeddah, with Egyptian Tourism Minister Hisham Zazou currently visiting the oil-rich monarchy to...
November 4th, 2015 | 0 commentsIn addition to highlighting the poor oversight of armed forces in the Middle East, including secret defence budgets and lack of legitimacy and transparency, a recent report from British watchdog Transparency International raises questions about how unchecked spending and illicit arms transfers contribute to conflict, and links corruption...
September 30th, 2015 | 0 commentsThe Middle East and North Africa (Mena), especially the Gulf region, has become a target for the international and domestic reinsurers, according to A M Best, a global rating agency for the insurers. Finding that insurance markets in the Mena region have grown “significantly” over the past decade with premiums surpassing $50bn in 2014, it...
September 27th, 2015 | 0 commentsThe Middle East’s mining and oil and gas industries are set to suffer the biggest impact from China’s economic slowdown, analysts have predicted. A report by Moody’s Investor Services said the mining sector in Europe, the Middle East and Africa (EMEA) is the global industry most exposed to China’s economic woes, since between 20 and 30 pe...
September 25th, 2015 | 0 commentsInformed political sources in Beirut are saying that the activation of the Russian military role in Syria while the Iranian role has regressed over the past few days under America-Saudi-Turkish supervision will result in an important development in the next phase. This development will occur in the context of reforming the Arab region and...
June 25th, 2015 | 0 commentsThe military agreement signed by Turkey and Qatar in December, whose details became public this month, has symbolic and material implications for security in the Gulf region. Some experts say the impetus behind the agreement were the conflicts in Iraq, Syria, Libya and Yemen, as well as the rise of the Islamic State of Iraq and Syria (ISI...
July 26th, 2014 | 0 commentsA move to open Saudi Arabia’s bourse to foreigners is likely to benefit financial markets across Mena in the form of billions of dollars of extra inflows, say analysts. The kingdom’s Capital Market Authority (CMA) said on Tuesday that it would allow foreign financial institutions to directly buy stocks listed on the Tadawul, a move likely...
