Middle East Observer

2020 Nov 18 - 12:18am
The Covid-19 pandemic has dramatically hit global demand for oil this year, leaving the company’s debt levels spiralling Saudi Aramco is to sell billions of dollars in international bonds in a bid to bolster its balance sheet and meet its $75bn dividend target, as the coronavirus crisis hits its profits.  The oil giant made its debut in the international debt markets last year by raising $12bn, after receiving more...
Tags: Saudi Arabia News, aramco, billions, bonds, junktag (ignore), saudi
2020 Nov 17 - 4:59am
Germany’s Public Prosecutor General (GBA) said on Monday charges of espionage have been filed against an Egyptian-born German citizen who worked at the German government press office and gathered information for an Egyptian intelligence agency. The GBA said the man, identified only as Amin K. under German privacy laws, had been working at the press office since 1999 and was hired by the Egyptian embassy in Berlin in 2010 “at the latest”....
Tags: Egypt, charges, Egypt, Egyptian, espionage, Germany
2020 Nov 16 - 4:59am
A new mass grave was found in Libya’s southwestern city of Tarhuna that was recently liberated from warlord Khalifa Haftar’s militia, the Libyan government said Sunday. “The grave was discovered in Alrabet area, a former stronghold of Haftar’s militia in the city,” Lutfi Tawfiq, the director of the General Authority for Research and Identification of Missing Persons, said, according to Anadolu Agency. He...
Tags: Libya, junktag (ignore), GNA, Haftar, Libya, mass grave
2020 Nov 13 - 10:51pm
Turkish President Recep Tayyip Erdogan has vowed to further boost the country’s defense industry “We can never tolerate procuring [defense-related] products from abroad when we can produce them ourselves,” said Turkish President Erdogan at the inauguration ceremony of a new facility for Turkish defense giant Aselsan. “We will continue to provide all kinds of support to the defense industry,” Erdogan added....
Tags: Turkey junktag (ignore) News, boost, defense industry, economy, junktag (ignore), Erdogan
2020 Nov 12 - 11:28pm
Cairo hires powerhouse group as it dreads return of same US players it blames for Arab Spring uprising and fall of Hosni Mubarak The Egyptian government has assembled a bipartisan powerhouse lobbying team that includes retired Congressman Ed Royce and a former top aide to House Majority Leader Nancy Pelosi, according to a report by Julian Pecquet at Foreign Lobby. The Egyptian government has wasted no time preparing for a post-President...
Tags: Egypt, junktag (ignore), Egypt, firm, hire, Lobbying
2020 Nov 12 - 4:53pm
pledged a new economic growth strategy on Wednesday based on stability, lower inflation “We are building a growth structure which creates qualified employment, which does not cause inflation and a current account deficit,” he said. “We will not refrain from implementing the correct recipe, even if it’s bitter.” In response, Citi and Societe Generale recommended bullish bets on the lira, which soared as far as 7.83 versus the dollar, its...
Tags: Turkey junktag (ignore) News, economy, Erdogan, Middle East, turkey
2020 Nov 12 - 4:19pm
The United Nations has once again warned of millions of men, women and children in war-torn Yemen are facing famine as it issued yet another appeal for more money to prevent it. “We are on a countdown right now to a catastrophe,” UN World Food Programme (WFP) Executive Director David Beasley told the UN Security Council on Wednesday. “We have been here before … We did almost the same dog-and-pony show. We sounded the alarm then,” the head...
Tags: Yemen junktag (ignore) News, Middle East, Saudi-led coalition attacks in Yemen, War, Yemen crisis
2020 Nov 11 - 11:02pm
Kuwait continues its efforts to put an end to the three year blockade Kuwaiti Al-Qabas newspaper said officials are on the move to solve the Gulf crisis, affirming the country will not stop its efforts until the illegal land, air and sea blockade on Qatar comes to an end. Renewed efforts are also in place to support and restore political relations in the region, noting support from the US and the Gulf Cooperation...
Tags: Kuwait junktag (ignore) News, Qatar junktag (ignore) News, unsort, junktag (ignore), GCC, kuwait
2020 Nov 10 - 9:56pm
Wife of former Egyptian Supply Minister Bassem Odeh complains that the security forces have denied her husband the right to prison visits for four years On this day in 2016, the family of the former Egyptian Minister of Supply was allowed to visit him, where he has been denied prison visits since that time. The Egyptian security services arrested Odeh on Tuesday 28 January 2014 near the Al-Beheira governorate. Odeh has been described...
Tags: Egypt, Bassem Oudeh, denied, junktag (ignore), minister, Prison
2020 Nov 10 - 12:24am
The Grand Sheikh of Al-Azhar, Dr. Ahmed Al-Tayeb, said on Sunday that those who insult the Prophet Muhammad would be prosecuted in international courts, refusing to consider the insulting cartoons of the Messenger of Islam as freedom of expression. Sheikh Al-Tayyib addressed the French Foreign Minister, Jean-Yves Le Drian, who was on a visit to Egypt, saying: “If you consider that insulting our Prophet Muhammad is a freedom of expression, we...
Tags: Egypt, Al-Azhar, junktag (ignore), firy messages, FM, France
2020 Nov 9 - 12:40am
Leaders of the UAE, Bahrain, Oman, Kuwait, Qatar, Yemen, Palestine, Sudan, Egypt, Lebanon, Jordan, Iraq and Libya congratulated Biden, while Saudi Arabia and Syria have not yet released statements. Leaders of the Arab world congratulated US presidential election winner Joseph Biden and Vice President-elect Kamala Harris over the weekend, after the presidential race was officially called by major media outlets....
Tags: Analysis, Arab leaders, biden, congratulate, junktag (ignore), US
2020 Nov 6 - 9:58pm
The European Union (EU) on Thursday called on Israel to stop the demolition of Palestinian homes in the occupied territories EU Spokesperson Peter Santo announced in a statement: “This week, Israeli forces demolished more than 70 structures, including residential, livelihood and sanitation facilities, belonging to 11 Palestinian families with 41 children in Khirbet Hamsa Al-Foqa, in the northern Jordan Valley.” “This large-scale...
Tags: Israel junktag (ignore) News, Palestine junktag (ignore) News, demolition, junktag (ignore), EU, homes

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