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Ahead of an Iranian delegation to Saudi on Tuesday, Iran sent a letter listing its rightful demands and propositions aimed at ensuring safety for Iranian nationals during the Hajj.  (Wikimedia Commons)
May 29, 2016 - 07:00 GMT
Hajj plans for Iranian pilgrims go down to the wire as talks between Saudi Arabia and Iran continue today.
The Hezbollah International Financing Prevention Act is a bill introduced in 2014 that sought to impose on institutions that facilitate transactions on behalf of Hezbollah or its agents. (File photo)
May 29, 2016 - 06:00 GMT
White House official Adam Szubin has said that recent sanctions and legislation have been effective in choking Hezbollah's finances.
Lockheed Martin would be the principal contractor for the sale. (Wikipedia)
May 29, 2016 - 05:00 GMT
The $20 million FMS package would involve 50 Javelin Guided Missiles and 10 Command Launch Units and be contracted to Lockheed Martin.
A foreign ministry spokesman said the Swiss government had blocked about $650 million in the case of Egypt, and $61 million in the case of Tunisia. (Twitter)
May 26, 2016 - 13:26 GMT
A new law allowing Swiss authorities to seize and return illicitly-acquired funds from Swiss banks will come into effect in July.
Analysts had earlier predicted that Qatar's bond would only be valued at $5 billion. (File photo)
May 26, 2016 - 12:56 GMT
The sale will help to bridge Qatar's budget deficit, which is expected to reach $12.8B this year due to persistently low oil prices.
Last year, Iraq secured $1.7 billion in loans from the World Bank and $833 million from the IMF. (YouTube)
May 26, 2016 - 12:24 GMT
Following the IMF's decision to grant Iraq with a $5.4B standby loan, news of the IsDB loan will offer some respite to the country's $20.5B deficit.
The agreement was signed yesterday during a ceremony at Al Jazeera headquarters in the Qatari capital Doha.  (AFP/Tuck/Ullstein Bild)
May 26, 2016 - 11:07 GMT
The agreement allows Turkey's Anadolu Agency News Academy and Al Jazeera's Media Training and Development Centre to hold joint training programs and exchanges.
Jordan used to receive around 10,000 barrels per day of crude oil from Iraq before Daesh militants controlled several parts in western Iraq, causing a complete halt to shipments. (Shutterstock)
May 26, 2016 - 10:39 GMT
Baghdad recently announced route changes to the highly-anticipated pipeline in order to expedite construction of the $15B project.
The merger negotiations between CBC and AlNahar lasted nine months. (Scoop Empire)
May 26, 2016 - 10:19 GMT
After nine months of intense negotiations the two major networks will create an umbrella holding company with global aspirations.
The IsDB and THY will also cooperate within the framework of the Parties’ Social Responsibility Program in the transportation and distribution of hajj meat provided to the poor, health, and education.  (Twitter)
May 26, 2016 - 08:00 GMT
Turkish Airlines will provide aviation training and tech support to 56 of the IsDB's member countries.
Etihad has embarked on a strategy of buying up stakes in airlines from Australia to Italy in bid to grow its network. (File photo)
May 26, 2016 - 07:00 GMT
Etihad Airways and minority-owned airlines Air Berlin, Air Serbia, Air Seychelles and Alitalia will use the funds for capital expenditure, fleet investment and refinancing the individual carriers.
The development will include 2 square kilometres of residential units and create more than 200,000 jobs.  (Ventures on Site)
May 26, 2016 - 06:00 GMT
The joint venture between Mountain View-Sisban and Egypt's Ministry of Housing is one of the first major projects in Egypt based on a public-private partnership.
Earlier this week, Reuters reported that the bank had cut 15 per cent of its workforce of 70 employees. (File photo)
May 26, 2016 - 05:00 GMT
The investment bank released a statement to insist that the slashed jobs do not have a significant impact on the firm's performance and balance sheet.
A study on pollution with the Regional Organization for the Conservation of the Environment of the Red Sea and Gulf of Aden (PERSGA), is expected to be released soon. (Arab News)
May 25, 2016 - 13:00 GMT
Claims by a former environmental professor at King Abdulaziz University over pollution on Jeddah's beaches have been rejected by the head of the Presidency of Meteorology and Environment.
Doha Bank is the worst performing lender on the Qatar Exchange Index, having been hit by negative S&P ratings due to an expected further deterioration in its asset quality. (File photo)
May 25, 2016 - 12:00 GMT
Bank liquidity in the GCC has been hit by a more than 50 per cent slide in crude prices since mid-2014, forcing banks to redefine its business models.
Presenter Nicole Tannoury appears on the list of employees reportedly axed by Al Arabiya. (YouTube)
May 25, 2016 - 10:17 GMT
Saudi Akhbaar24 reports that Al Arabiya has slashed jobs including those of Lebanese presenter Gisele Habib, veteran journalist Nasser al-Sarami, and presenter Nicole Tannoury.