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UAE purchases world’s largest rocket launcher from Turkey

UAE purchases world’s largest rocket launcher from Turkey

Turkey’s weapons manufacturer and defence contractor, Roketsan, has developed the world’s most potent artillery, dubbed “Jobaria” at the request of the United Arab Emirates (UAE), local Turkish media reported yesterday. Jobaria is a multiple cradle launcher that was first introduced at the International Defence Exhibition, which was held in the Emirati capital of Abu Dhabi […]

UN envoy departs Yemen after failed talks with Houthi leaders

UN envoy departs Yemen after failed talks with Houthi leaders

UN Special Envoy for Yemen Martin Griffiths left Sanaa on Tuesday, wrapping up a four-day visit during which he spoke with leaders of the Shia Houthi rebel group. Griffiths will now head to Jordanian capital Amman, a source at Sanaa’s airport told reporters on condition of anonymity due to restrictions on speaking to media. The […]

‘Dubai Real Estate Is Haven for Money Laundering’

‘Dubai Real Estate Is Haven for Money Laundering’

Months after the Nigerian government reached an accord with the United Arab Emirates (UAE), on looted funds, a new report released last week alleged that war profiteers, terror financiers and drug traffickers sanctioned by the U.S. in recent years have used Dubai’s real-estate market as a haven for their assets. Last year, the Nigerian Attorney-General […]

Rice grown by Chinese scientists using seawater in Dubai’s deserts

Rice grown by Chinese scientists using seawater in Dubai’s deserts

Chinese scientists have successfully grown and harvested rice in the deserts of Dubai after developing a strain that allows the crop to grow in saltwater. A team of scientists, led by China’s “father of hybrid rice” Yuan Longping, has already started growing the crop in diluted sea-water at home and is now bringing the technique […]

TFC, Afreximbank join Efforts to Support African Trade with $100 Million and €50 Million Murabaha Partnership Agreements

TFC, Afreximbank join Efforts to Support African Trade with $100 Million and €50 Million Murabaha Partnership Agreements

The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, and the African Export-Import Bank (Afreximbank), a multilateral financial institution established by African governments and institutional investors, have signed a US$100-Million agreement and a EUR 50-Million Murabaha agreement with the aim of facilitating and financing exports amongst African countries and […]

Trump son-in-law tried to get $500m loan from Qatar

Trump son-in-law tried to get $500m loan from Qatar

President Trump’s influential son-in-law, Jared Kushner allegedly tried abortively to obtain a $500m loan from Qatari businessman Hamad bin Abdullah Al-Thani (HBJ), before advising the Whitehouse to pursue a hard line on the intra-gulf rift, reports The Independent. In 2015 Kusher apparently approached Al-Thani to help prop up an under performing real estate investment at […]

Middle East & Africa to increase wind capacity 40 GW by 2026

Middle East & Africa to increase wind capacity 40 GW by 2026

An estimated 40 gigawatts (GW) of new wind power capacity is expected to be added in the Middle East and Africa by 2026, according to new analysis from MAKE Consulting. Leading renewable energy industry analysts MAKE Consulting’s new report, 2017 Middle East and Africa Wind Power Outlook, states that the wind energy sector is set […]

Africa and the Gulf Crisis – the Peril of Picking Sides

Africa and the Gulf Crisis – the Peril of Picking Sides

As the Gulf crisis enters its third week, the decision to cut or downgrade diplomatic ties with Qatar by nine African countries could have a long-term impact on the nationals of those countries, analysts warned. “This is not good for Africa. This is rush decision-making and taking sides in a crisis that the leaders have […]

Somalia President Mohammed Abdullah Farmajo turns down $80m to cut ties with Qatar

Somalia President Mohammed Abdullah Farmajo turns down $80m to cut ties with Qatar

Somali President, Mohammed Abdullah Farmajo, has been offered $80 million in exchange for his agreement to sever diplomatic relations with the State of Qatar, the New Khalij news outlet reported a prominent journalist has revealed. “After two hours of enticement, Farmajo rejected the tempting offer,” journalist Jaber Al-Harimi said. Yesterday, the newspaper Somalia Today quoted […]

Emirates Airline Is Trolling United Airlines CEO Oscar Munoz After Passenger Removal

Emirates Airline Is Trolling United Airlines CEO Oscar Munoz After Passenger Removal

Emirates Airline is using the backlash against United Airlines the company forcibly removed a passenger from a flight to play their own game of “gotcha.” In a video posted on Twitter, Emirates Airlines recirculates a comment United Airlines CEO Oscar Munoz made in March about Gulf Airlines (like Emirates) not actually being airlines. “Well Mr. […]

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