Category Archives: News

Telecommunications Overseer Sends Warning to Bahraini Telecom Companies

The Telecommunications Regulatory Authority in Bahrain has sent stern warnings to two of the largest providers of mobile phone service to consumers in Bahrain, saying that their pricing for international mobile phone calls was “detrimental to competition and bad for consumers.” Investigating Users’ Complaints In statements sent by email to Bahrain Telecommunications Co. (Batelco) and… Continue Reading

Baker Botts Hires New Lawyer in Dubai Office

Baker Botts, the international law firm, has just named a new partner in their Dubai office, Vanessa Abernethy. Abernethy has extensive experience working with clients engaged in capital market transactions all over the Middle East, specializing in advisory as well as transactional work. Years of Experience Ms. Abernethy has years of experience representing and advising… Continue Reading

NATO Strikes Tripoli in Support of Rebel Attacks

Muammar Gaddafi Libya is once again under attack from NATO air forces as Tripoli was bombarded with air strikes on Sunday. As Libyan leader Colonel Muammar Gaddafi called the latest attacks on his regime “a colonial plot,” bombs fell on military targets throughout the country’s capital. “In Tripoli there were two command and control nodes,… Continue Reading

Libya Claims NATO Airstrike Hits Residential Neighborhood

Reports from Libya claim that a NATO conducted airstrike hit a residential area in Tripoli early on Sunday, killing at least four civilians, including two children. NATO Denies Targets Civilians NATO has repeatedly denied targeting non-military areas for their airstrikes, and at the moment the charges that NATO did hit a non-military target have not… Continue Reading

Turkish Elections Strengthen Democracy

  On June 12 elections in Turkey resulted in the return to power of the Justice and Development Party (AKP) which won 50 percent of the votes. This not only brings the incumbent Prime Minister Erdogan back to power, but also bodes well for Turkish democracy. AKP to Create Consensus Now that the AKP has… Continue Reading

Confidence Replacing Fear As “Arab Spring” Passes

Analysts are sighing with relief as second-quarter figures for Middle Eastern loans out pace first-quarter numbers by 43%. Stability Replacing Uncertainty At the beginning of the year uncertainty was the main attitude of economists and other observers as they stood by watching the Middle East turn to flames during revolutions in Egypt, Tunisia, Libya and… Continue Reading

Yemen in Turmoil After President Injured

Yemini President Saleh Injured On June 3rd the president of Yemen, Ali Abdullah Saleh was seriously injured in what appears to have been a bombing on the presidential palace. The following day Saleh, aged 69, was evacuated from the capital of Yemen, Sanaa, and transported to Saudi Arabia for medical treatment. He apparently suffered critical… Continue Reading

Israel Clashes with Protesters on Syrian Border

Despite several warnings from Israeli troops to stay away from the border, hundreds of pro-Palestinian demonstrators stormed the fence on Sunday until Israeli troops fired across the Syrian frontier, scattering the crowd in a panic. Syrian television is reporting at least four dead, including a 12-year-old boy, and 15 wounded, with the number of dead… Continue Reading

Egypt to Borrow $4 Billion from Saudi Arabia

Tantawi Announces Loan from Saudi Allies Field Marshal Mohamed Hussein Tantawi of Egypt told the official Egyptian press agency, MENA on Saturday that Saudi Arabia will lend Egypt emergency monies in the amount of $4 billion. Tantawi, who is the head of Egypt’s ruling military council said, “The $4bn will be distributed in the form… Continue Reading