Iran ‘offers $80million bounty for Donald Trump’s head’ after death of general; Read the reason why Iran arrived at $80

An $80million bounty has been placed on Donald Trump's head in the wake of General Qasem Soleimani's assasination, according to reports. During the televised funeral of the top Iranian, official state broadcasters said one US dollar would be tabled for every Iranian in the country, with the cash going to whoever killed the US President.[...]

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Iraq parliament to vote on expelling of US troops

Iraq’s parliament is to vote on Sunday whether to expel all American troops from the country, in the wake of the US killing of a prominent Iranian military commander in Baghdad. On Friday, the US conducted a strike against a vehicle convoy in Baghdad and the Pentagon confirmed the death of Qasem Soleimani, Commander of[...]

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John Bolton shown the door by Trump as National Security Adviser- “Your services are no longer required”

President Trump dismissed John Bolton, his national security adviser, after a contentious debate about Afghan peace talks became the latest of many disputes over foreign policy that exposed differences so severe that the two men couldn’t even agree on how the ouster happened. “I informed John Bolton last night that his services are no longer needed at[...]

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The largest Middle Eastern Bank, begins British Take Over

Optivo, one of the largest social housing providers in the UK, has secured a revolving credit facility worth £50 million ($60.6 million) from the UAE's largest bank. The three-year deal with the UK unit of First Abu Dhabi Bank is part of a £200 million financial boost for Optivo as it looks to build 4,850[...]

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Singaporean Group Standard Chartered plan Middle East Investments

Affirma Capital, the private equity spin-off of Standard Chartered, plans to complete at least one acquisition in the Middle East and Africa over the next year. The Singapore-based emerging markets group is targeting deals between $25 million and $100 million in the region where consumer spending is on the rise, according to Taimoor Labib, Affirma’s[...]

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Iran warns new British PM it will ‘protect’ Gulf waters

Iran warned Britain's next prime minister Boris Johnson on Tuesday that it will "protect" waters of the oil-rich Gulf, amid a standoff between the two countries over the seizure of tankers. In the face of rising hostilities with the United States, Iran's Islamic Revolutionary Guard Corps on Friday impounded a tanker sailing under the flag[...]

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President Trump orders 1,000 More troops to the Middle East as Pentagon reveals ‘proof’ that Iran’s Revolutionary Guards attacked oil tankers in the Gulf

The U.S. is to send 1,000 more troops to the Middle East amid mounting tensions with Iran late Monday - as the Pentagon released new photos that officials say show the country's Revolutionary Guard were responsible for attacks last week on two oil tankers near the Persian Gulf. Donald Trump's acting defense secretary Patrick Shanahan said[...]

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Trump imposes new sanctions on Iran as nuclear tensions escalate

US President, Donald Trump has ordered new sanctions against Iran on Wednesday hours after Tehran said it was relaxing some restrictions on its nuclear programme. In an apparent disregard to the historic deal between the United States and Iran bothering on nuclear proficiency, the US has responded swiftly. The sanctions requested by the US president[...]

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Dubai App Pays Children to Lock their Phones for a While

A Dubai app which rewards young users with shopping discounts and the chance of university scholarships is aiming to break-even by the end of the year, according to a spokesperson for the company. Lock&Stock, which was launched in September 2017, is a free mobile application which rewards students for not using their phones while in[...]

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To Warn Iran, the US deploys Bombers to the Middle East

The United States is deploying a carrier strike group and a bomber task force to the Middle East to send a clear message to Iran that any attack on U.S. interests or its allies will be met with “unrelenting force,” U.S. national security advisor John Bolton said on Sunday. Amid rising tensions between the United[...]

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IMF Projects Slow Economic Growth in the Middle East

Slowing global growth and elevated tensions in trade and geopolitics are posing economic challenges for countries in the Middle East, according to the International Monetary Fund’s latest report. “Global developments are affecting the outlook for this year, namely the slowdown in growth especially on trade, the volatility in the oil price, as well as also the global financing[...]

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Saudi Arabia to host G20 Leaders’ Summit in November

The Saudi capital of Riyadh will host the 15th annual G20 Leaders’ Summit later this year, the state-run Saudi Press Agency announced on Wednesday. The event is scheduled to take place on November 21 and 22. “Saudi Arabia is fully committed to the G20’s objectives and to the stability and prosperity of the international economic[...]

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Standard Chartered expected to pay over $1 billion to resolve US, UK probes

London-based Standard Chartered is expected to pay slightly more than $1 billion to resolve a nearly five-year-old investigation of potential U.S. sanctions violations tied to its banking for Iran-controlled entities in Dubai, as well as a related U.K. probe, according to a person familiar with the matter. Authorities are aiming for the bank to settle on Tuesday[...]

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Trump signs proclamation recognizing Israeli sovereignty over Golan Heights

With Israeli Prime Minister Benjamin Netanyahu standing by his side, President Trump on Monday signed a proclamation officially recognizing the contested Golan Heights region as part of Israel – marking another unprecedented move by Trump in strengthening U.S.-Israeli relations. “This was a long time in the making and it should have taken place many years[...]

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Pope Francis holds historic Papal Mass in Abu Dhabi,

Pope Francis held a historic public mass for an estimated 170,000 Catholics at an Abu Dhabi stadium on Tuesday on the first ever papal visit to the Gulf region. The pope waved at an enthusiastic crowd carrying Vatican flags and banners as he drove into Zayed Sports City Stadium, where an altar with a large[...]

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Bahrain to open world’s largest underwater theme park

Bahrain plans to construct the world’s largest underwater theme park with a submerged Boeing 747 as its centrepiece, it was announced on Saturday. According to the state-run Bahrain News Agency, the underwater theme park will eventually cover a total area of 100,000 square metres. The eco-friendly project, which was announced by Bahrain’s President of the[...]

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