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Egypt Court Sentences Mursi To 20 Years In Prison -State TV

It was the first ruling against Muslim Brotherhood leader Mursi since the army toppled him in 2013 after mass protests against his rule.

Egypt Sentences 22 Members Of Brotherhood To Death

All men who were sentenced were charged with carrying out an attack on a police station in the town of Kerdasa.

Aid Agency Oxfam Condemns Saudi Air Strike In Yemen

The agency said that the air strikes hit one of the buildings housing aid supplies in an area held by Houthi rebels.

Yemen’s Houthi Leader Accuses Saudi Arabia Of Seeking To Invade

Saudi Arabia’s goal is “the invasion of this country, its occupation and placing this country again under its feet and hegemony”, Abdel-Malek al-Houthi said.

Lloyd’s Of London Targets Islamic Insurance Market

Lloyd’s will target Saudi Arabia and the United Arab Emirates to gain a foothold in Islamic insurance market.

Obama To Meet With GCC Leaders In May

The summit will be an opportunity for Obama to discuss concerns about the deal reached with Iran and the military campaign in Yemen by the Gulf countries.

Boeing Sees F/A-18 Middle East Export Decision Soon

The company declined to name the country involved but it is widely reported to be Kuwait, which is considering renewing its fleet.

New Yemen VP Says He Hopes To Avert Saudi Invasion

President Abd-Rabbu Mansour Hadi named Bahah, a former prime minister and diplomat, as his deputy this week in an attempt to widen support for his government.

BMW Courts Middle East Market For Its Hybrid Line-Up

The German carmaker thinks that there is a market for hybrid and electric cars in the Middle East, no matter the cost of fuel or the love for SUVs.

ADNOC To Start Monthly Oil Product Deliveries To Egypt Next Week

The Egyptian government had said state-owned EGPC will buy 65 per cent of its oil product import needs from ADNOC in 2015.

Almost 75% Of GCC Women Say Not Treated Equally At Work- Survey

A new study reveals that majority of women in the GCC feel disadvantaged at work due to prevalent gender inequality.

Yemeni VP Hopes Arab Coalition Will Not Deploy Ground Forces

Bahah also called on the armed forces to support the “legitimate” government in exile.

UN Yemen Envoy To Step Down, May Be Replaced By Mauritanian -Source

Jamal Benomar had recently irked Saudi Arabia and other Gulf nations for his handling of so far unsuccessful peace talks between Houthi rebels and Yemeni government.

Yemen War Puts 2015 Crop At Risk, Food Stocks Shrink -UN Agency

With most people living off the land and about 90 per cent of Yemen’s water resources used in agriculture, Yemenis are especially vulnerable when conflicts disrupt farm production.

Swiss Private Bank UBP To Boost ME Operations After Coutts Buy

The Middle East currently accounts for 12 per cent of the bank’s global operations.

Property Investments In GCC Hit $2.8bn In 2014

Real estate investments in the GCC were much lower compared to the region’s massive outbound spend of $14 billion last year.

Iran’s Zarif Lays Out Four-Point Plan To Solve Yemen Conflict

Iran proposed a ceasefire, humanitarian assistance, an intra-Yemeni dialogue, and a broad-based government to end the conflict.

Different Arab money

Mideast Sovereign Funds Cut Outbound Property Purchases 31% In 2014 – CBRE

SWFs cut their international investment last year because of the plunge of oil prices, a report by CBRE said.

Iran Denies Military Advisors Captured In Yemen

Local militiamen in Aden said on Saturday they had captured two Iranian military officers advising Houthi rebels.

Saudi Arabia Dismisses Iran Calls For Yemen Ceasefire

Saudi and its Arab allies began air strikes against Iranian-allied Houthi militia fighters in Yemen more than two weeks ago.

Egypt Sentences Muslim Brotherhood Leader Mohamed Badie, 13 Others To Death

The sentences, pronounced at a televised court session on Saturday, can be appealed before Egypt’s highest civilian court.

Air Strikes Kill Eight Civilians In Yemen

The air raids were reportedly aimed at a site held by soldiers loyal to former Yemeni President Ali Abdullah Saleh.

UAE Hits Out At Pakistan’s Neutral Stand In Yemen Crisis

UAE Minister Anwar Gargash has criticised Pakistan for not sending military assistance to the Saudi-led coalition fighting Yemen’s Houthi militants.

Houthi Mortar Shell Kills Three Saudi Officers On Yemen Border

The statement was given by Saudi’s defence ministry.

Middle East State Spending Throws Lifeline To Oilfield Services

While global investments are expected to fall by around 20 per cent in 2015 versus 2014, in Gulf countries the reduction is likely to be just 5 per cent.

Will GCC’s Renewable Energy Projects Feel The Oil Drop Pinch?

The recent drop in oil prices will not negatively impact the GCC’s renewable energy projects, affirm experts.

Saudi Arabia Blocks Iran Flight Carrying Pilgrims

Th Iranian flight carrying 260 pilgrims, had not got prior clearance, Saudi’s state news agency reported.

Saudi-Led Air Strikes Hit Sanaa, Border Areas And South Yemen Overnight

Saudi Arabia, backed by four GCC states and other allies, has waged two weeks of air strikes against the Iran-allied Houthis.

Iranian President Calls On Saudi To End Yemen Air Strikes

Saudi Arabia and a coalition have waged air strikes against the Iran-allied Houthis to try to drive them back from Aden.

Iran Will Sign Final Nuclear Deal Only If Sanctions Are Lifted – Rouhani

A tentative deal between Iran and the six Western powers on curbing Tehran’s nuclear work was signed last week.