Middle East

Drilling ship leaves Vietnam oil block after China row

Drilling ship leaves Vietnam oil block after China row

Published 14/08/2017

The drilling ship at the center of a row between Vietnam and China over oil prospecting in disputed waters in the South China Sea has arrived in waters off the Malaysian port of Labuan, shipping data in Thomson Reuters Eikon showed on Monday. [more…]

Yemen records 500,000 cholera cases, nearly 2,000 deaths: WHO

Yemen records 500,000 cholera cases, nearly 2,000 deaths: WHO

Published 14/08/2017

More than half a million people in Yemen have been infected with cholera since the epidemic began four months ago and 1,975 people have died, the World Health Organization (WHO) said on Monday. [more…]

Oil prices slip on Chinese demand concerns, rising U.S. activity

Oil prices slip on Chinese demand concerns, rising U.S. activity

Published 14/08/2017

Oil prices fell on Monday as a slowdown in Chinese refining raised concerns about demand in the world's second-biggest consumer, while an increase in U.S. drilling capacity could deepen a global supply glut. [more…]

Egypt`s Beltone Financial to launch $1 billion fixed income fund: CEO

Egypt`s Beltone Financial to launch $1 billion fixed income fund: CEO

Published 14/08/2017

Egypt's Beltone Financial will launch a $1 billion investment fund in fixed income instruments in September, its chief executive officer told Reuters on Monday. [more…]

With budget cuts looming, U.S. aid chief vows to do more with less

With budget cuts looming, U.S. aid chief vows to do more with less

Published 13/08/2017

Facing potentially deep budget cuts to U.S. foreign aid, new USAID administrator Mark Green says he needs to do more with less and prove to President Donald Trump that development assistance can further his "America First" agenda. [more…]

Egyptian artist creates portraits out of burnt tobacco

Egyptian artist creates portraits out of burnt tobacco

Published 13/08/2017

In a small studio littered with empty cigarette packets in Egypt's second city, Alexandria, Abdelrahman al-Habrouk sits hunched over a sheet of paper making portraits with tobacco. [more…]

Exclusive: Arab bloc won`t discriminate against U.S. firms in Qatar rift – sources

Exclusive: Arab bloc won`t discriminate against U.S. firms in Qatar rift – sources

Published 13/08/2017

Four Arab countries that imposed sanctions on Qatar have told the United States that U.S. companies doing business with them would not be punished for also working with Doha, four sources with knowledge of the matter said. [more…]

Iran in talks to buy 48 Airbus helicopters: report

Iran in talks to buy 48 Airbus helicopters: report

Published 12/08/2017

Iran is holding talks with European planemaker Airbus to buy 48 helicopters for civilian use, an Iranian official was on Saturday quoted as saying, as Iran continues its shopping spree of Western aircraft after the lifting of sanctions. [more…]

Exclusive: Saudi Arabia favours New York for Aramco listing despite risks – sources

Exclusive: Saudi Arabia favours New York for Aramco listing despite risks – sources

Published 12/08/2017

Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters. [more…]

Artist targets Twitter with offline hate tweets

Artist targets Twitter with offline hate tweets

Published 09/08/2017

A German-Israeli artist who accuses Twitter of failing to delete hate speech tweets has taken matters into his own hands - by stencilling the offending messages on the road in front of the company's Hamburg headquarters. [more…]