Al-Arabi to attend a Summit in Baghdad on Sunday
Arab League Secretary General Dr. Nabil Al-Arabi, heading a delegation of the organization, is scheduled to travel…
Protests flare up between Police and Demonstrators in Bahrain
Peaceful protests erupted into violence between police and demonstrators in several areas, exposing the divide…
EU Allows Iran Oil Insurance For Now
The European Union agreed on Friday to exempt until July 1 some insurance on Iranian oil shipments headed for…
KSA Becomes E-Govt “Emerging Leader”
Saudi Arabia has been ranked 41st out of 193 countries relating to the level of its e-government infrastructure…
Oil Price May Arouse Global Recession: IEA
High oil prices are the biggest risk to the global economy and may cause a recession, the Financial Times quoted…
Bank of England Urges Banks To Increase Capital
Banks need to raise new capital as soon as they can, because the global financial system remains fragile despite…
Pope Benedict XVI visits Mexico
Pope Benedict XVI has condemned drug-related violence in Mexico, as thousands of Catholics turned out to greet the…
Automobiles Long Queues Snake Everywhere: Egypt
For the second time in 2012, Egypt is facing a fuel crisis as petrol supplies dry up, thus long queues of…
Calls for Calm in Mali
The self-declared leader of a military coup in Mali has appeared in a recorded interview on state television to…
Citigroup Expects $700m Charge As It Trims Stake In Akbank
Citigroup Inc. (C), the third-largest U.S. bank by assets, expects an impairment charge of $700 million in the…