Turkey’s economic downturn has only grown worse since President Recep Tayyip Erdogan assumed sweeping new powers after the June polls, as some observers fear that the economy might not be Ankara’s primary concern.
Source: Al Monitor
Full Article: Turkey’s economy struggles with new political reality
Culture alert: Music mixed with history in August
Some of the August festivals in the Middle East take place in spectacular settings, from Cairo to Byblos to Troy.
Source: Al Monitor
Full Article: Culture alert: Music mixed with history in August
US hopes new sanctions fuel Iran protests
The US administration said it hoped that renewed economic sanctions on Iran going into effect Tuesday will spur Iranian protests and pressure the regime to accept Donald Trump’s offer for talks.
Source: Al Monitor
Full Article: US hopes new sanctions fuel Iran protests
Saudi Arabia to relocate students from Canada to UK, US, says official
Plans to relocate 7,000 students and their families in Canada to other countries, with Ireland, Australia, New Zealand, Japan and Singapore also on the list of potential destination countries
Source: Arabian Business
Full Article: Saudi Arabia to relocate students from Canada to UK, US, says official
State airline Saudia suspends Toronto flights
The move is the latest in a series of measures Saudi Arabia has taken since its diplomatic row with Canada
Source: Arabian Business
Full Article: State airline Saudia suspends Toronto flights
Kuwait expat bad debt figures 'incorrect', says Central Bank
The Central Bank of Kuwait said that the data is has published does not delate to bad debts owed to banks or financial companies by a specific category of customers
Source: Arabian Business
Full Article: Kuwait expat bad debt figures 'incorrect', says Central Bank
US re-imposes first wave of tough, unilateral sanctions against Iran
The first of two rounds of US sanctions kicked in this morning, targeting Iran's access to US banknotes and key industries, including cars and carpets
Source: Arabian Business
Full Article: US re-imposes first wave of tough, unilateral sanctions against Iran
HSBC to pay $765m US fine over crisis-era conduct
HSBC said it has agreed to pay the large US penalty over its conduct in residential mortgage-backed securities
Source: Arabian Business
Full Article: HSBC to pay 5m US fine over crisis-era conduct
PROFILE: Backed by Bernie, an Egyptian-origin governor’s rise to political fame
“Who here believes in democracy over corporate domination?” It’s the starting line of a campaign stump speech, and if it’s reminding you of former democratic presidential
Source: Al Arabiya
Full Article: PROFILE: Backed by Bernie, an Egyptian-origin governor’s rise to political fame
Israeli strike kills at least two Palestinians at Hamas site in Gaza
Israeli tank shelling of a Hamas site in the Gaza Strip on Tuesday killed at least two Palestinians, the group's armed wing and health officials said.The Israeli military said it had retaliated
Source: Al Arabiya
Full Article: Israeli strike kills at least two Palestinians at Hamas site in Gaza