COMMENT: The mergers & acquisition landscape in the Middle East

COMMENT: The mergers & acquisition landscape in the Middle East

In the aftermath of Marriott’s largest-ever acquisition, in which it acquired Starwood Hotels, some key players in the hotel industry may wish to consider the implications of this new trend of consolidation. Generally, it has been considered that the increased trend in mergers and acquisitions in the hotel sector puts investors/owners on the back foot […]

The world must end its soft approach on Burma

The world must end its soft approach on Burma

On Monday, a UN fact-finding mission concluded that top generals in the Burmese military must face accountability for genocide, crimes against humanity and war crimes against ethnic Rohingya, Kachin and Shan minorities. Just over a year ago today, a commission on Rakhine set up under the late UN secretary general, Kofi Annan, issued a set of […]

Egypt Remains The Hottest Destination For MENA Travelers In 2018

Egypt Remains The Hottest Destination For MENA Travelers In 2018

Egypt maintained its position as the most popular destination among travelers from the Middle East and North Africa (MENA) so far in 2018, but elsewhere changing consumer tastes and market conditions have impacted regional travel patterns, according to data from Singapore-based online travel agency Wego. Wego’s destination rankings are derived from its user flight and […]

Iranian parliament removes finance minister from office

Iranian parliament removes finance minister from office

The assembly backed the removal from office of Masoud Karbasian, minister of finance and economic affairs, by 137 votes to 121 against (AFP) Iran’s parliament has sacked the minister of economic affairs and finance amid a sharp fall in the rial currency and a deterioration in the economic situation. The assembly backed the removal from […]

At least 27 Sweida hostages held by Islamic State in Syria

At least 27 Sweida hostages held by Islamic State in Syria

IS has held women and children hostage since July attack on Syrian Druze community (AFP) At least 27 people have been held by IS fighters in southern Syria since they were abducted during an assault on the Druze community in the city of Sweida a month ago, Human Rights Watch said Saturday.  The organisation said the […]

US cuts aid to Palestinians by more than $200 million

US cuts aid to Palestinians by more than $200 million

US cuts aid to Palestinians by more than $200 million WASHINGTON — The Trump administration has decided to cut more than $200 million in bilateral aid to the Palestinians, following a review of the funding for projects in the West Bank and Gaza, the State Department said Friday. The department notified Congress of […]

Royals legends going to the Middle East to watch a game with the troops

Royals legends going to the Middle East to watch a game with the troops

This is down on the list of sacrifices military members make while serving this country, but it’s difficult for servicemen and women to watch their hometown team’s games. So for a few days at least, the Royals are coming to the troops who are serving in the Middle East. Former Royals players George Brett, Bret […]

Saudi Arabia denies report Aramco IPO suspended

Saudi Arabia denies report Aramco IPO suspended

Oil tanker loading at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia (Reuters) Saudi Arabia’s energy minister in a statement issued early on Thursday denied a Reuters report that state oil giant Aramco’s initial public offering will be called off. “The government remains committed to the initial public offering of Saudi […]

Noam Chomsky: Israel's interference in US politics greater than Russia

Noam Chomsky: Israel's interference in US politics greater than Russia

Israeli interference in US politics “overwhelms anything” Russia may have done in the 2016 presidential election, Jewish-American philosopher and political commentator Noam Chomsky has told US news programme Democracy Now. “First of all, if you’re interested in foreign interference in our elections, whatever the Russians may have done barely counts or weighs in the balance […]

Morocco pardons 11 imprisoned 'Hirak' protest supporters for Eid

Morocco pardons 11 imprisoned 'Hirak' protest supporters for Eid

Morocco’s King Mohammed VI has pardoned 11 supporters of the “Hirak” protest movement on the occasion of Islam’s Eid al-Adha religious feast, their lawyer said on Tuesday. The 11 names appeared on a list of 889 people granted royal pardons published on Tuesday by the justice ministry, lawyer Mohamed Aghnaj told AFP. The supporters were […]

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