Europe’s refugee crisis is posing great challenges for the Greek economy and the debt-laden country needs sizable help to cope with the migratory pours, the Organization for Economic Cooperation and Development said on Thursday. While Greece is struggling to meet the terms of its international
Pele is set to auction off some 2,000 items, including his one-of-a-kind Jules Rimet trophy that could fetch at least $1million, auctioneers said on Thursday. The Brazilian, who won the FIFA World Cup three times in 1958, 1962 and 1970, is also putting World Cup winning medals up for sale, in additi
Riyadh- Saudi Arabian-led intervention in Yemen supporting the legitimate government confirmed that no route can solve the political crisis, after the insurgents’ revolt against their government, except the one taken by the U.N. approach, legitimate government and the U.N. 2216 resolution. Coalition
Seven Kurdish militants were killed in a gunfight in southeast Turkey’s largest city Diyarbakir on Thursday, security sources said. Turkish authorities announced on Wednesday the end of military operations in the Kurdish Sur district of Diyarbakir (Amed), southeastern the country. “The militar
When the Deputy Chief of Staff of the Iranian Armed Forces was asked if his country will send military advisers to Yemen as it had to Syria, his answer came far from negative. He said that Tehran acknowledges its responsibility in both countries. Iran has been present in Yemen before the coup agains
Abu Dhabi- Schools were ordered shut, flights suspended and the stock market was closed down in the UAE as rare heavy rain hit the desert Gulf state. “Unstable” weather conditions are expected to continue until Thursday evening, forecasters say, predicting thunderstorms and rainfall as authori
Twitter Inc has decided to win their employees over by granting varying amounts of restricted stock depending on when the employees started working, in order to make up for the value they lost since joining the company, the Wall Street Journal reported, citing people familiar with the matter. In a p
Moscow- Meanwhile delegations and representatives are preparing for resuming the Syrian crisis Geneva peace talks, some areas in the war-torn country are undergoing severe humanitarian deteriorating circumstances. Among those cities deeply ravaged by the civil war is the city of Darayya located in t
Jeddah- Over five thousand Yemeni Republican Guard soldiers and officers supporting the ousted President Ali Abdullah Saleh have turned themselves in to the National Army of Yemen. Among those who surrendered are 3250 who have arrived at the 4th military district, in preparation for participating at
Riyadh- UK ambassador to Saudi Arabia Simon Collis told Asharq Al-Awsat that the GCC (Gulf Cooperation Council) naming Hezbollah a terrorist organization is well-in-keep with London’s insight on the group. Britain has previously proposed before the EU recognizing Hezbollah as a terrorist organizatio
London, Riyadh- UN announced on Wednesday that the new round of talks, aiming at stopping the conflict in Syria, will be held in Geneva starting from March 14 till March 24. On the other hand, the opposition’s High Negotiations Committee welcomed the suggested agenda for Syrian peace talks, viewing
U.S. crude hit 2016 highs on Wednesday and Brent bounced back over $40 per barrel, leading to the drop of oil prices on Thursday. Analysts are cautioning that more profit would be unwarranted as a global oversupply continues to outweigh strong demand. Expectations of more inducement from the Europea
Riyadh-Custodian of the Two Holy Mosques King Salman bin Abdulaziz arrived on Wednesday to Hafr Al-Batin to patronize the final maneuver of the “North Thunder”, aimed at ensuring the combat-readiness of the Kingdom and its allies. Upon his arrival, HRH listened to explanation on the general outline
As energy shares were pushed higher by a strong oil prices recovery, Wall Street was higher on Wednesday afternoon. Brent crude extended gains above $40 a barrel, after U.S. crude stockpiles rose along with estimates last week and gasoline inventories dropped more than expected. The rise in oil pric
Hopes to end the year-long war that has so far killed around 6,000 people were raised when a Saudi-led coalition that’s fighting in Yemen stated on Wednesday that not only did it exchange prisoners with its Houthi opponents, but also welcomed a pause combat on the border. A day after senior Yemeni o
Frankfurt- The German-Duesseldorf district court has ruled against an online shopping site’s use of Facebook’s “like” button, dealing a further legal blow to the world’s biggest social network in Germany, stating that the retailer Peek & Cloppenburg did not succeed
Some sense that change is occurring in Iran and they infer this from the fact that some extremist leaders were defeated in the latest legislative elections. They consider the cause of this to be the nuclear agreement with the west. When examining what occurred under a microscope lens, for they are s
The main Syrian opposition council said on Wednesday the agenda proposed by the United Nations for peace talks was positive and it had noted fewer government violations of a cessation of hostilities agreement in the past day. Salem al-Muslat, spokesman for the opposition High Negotiations Committee
ISIS militants used “poisonous substances” during the shelling of a village in northern Iraq on Tuesday, a local governor said. More than 40 people suffered partial choking and skin irritation in northern Iraq as mortar shells and Katyusha rockets filled with “poisonous substances” explo
Republican front-runner Donald Trump pulled up primary wins in the presidential race as he easily captured both the Michigan and Mississippi primaries on Tuesday, stoking a furious campaign by the GOP establishment to keep him from arriving at the Republican National Convention with the nomination c
