EMerging Equity
Jordan
The Body Of Tariq Aziz (1936-2015), The Only Christian In Saddam Hussein’s Inner Circle, Already In Jordan Ahead Of Being Buried
“Tariq Aziz, known as the face of Saddam Hussein’s regime on the world stage for many years, has died in an Iraqi hospital,” BBC reported on Friday last week. According to the news agency: “Aziz, 79, served as foreign minister and deputy prime minister and was a close adviser to the former leader. He was … Continue reading
Saudi Arabia, Gulf Allies Launch Military Operation In Yemen As Civil War Ignites Regional Firestorm
Saudi Arabian forces, joined by nine other Gulf Arab allies, have launched a military operation in Yemen against Shiite Houthi rebels, the Saudi ambassador to the U.S. said. According to Ambassador Adel al-Jubeir, the military operation in Yemen started at 7 p.m. EST (11 p.m. GMT) on Wednesday night. Adel al-Jubeir said that Saudi Arabia … Continue reading
Russia Signs $10 Billion Deal To Build Jordan’s First Nuclear Power Plant
Jordan has signed a $10 billion deal with Russia on Tuesday to build the kingdom’s first nuclear power plant, with two 1,000-megawatt reactors in the country’s north, Reuters reports. The energy-poor kingdom imports nearly 98 percent of its energy from oil products and crude and is struggling to meet electricity demand as its population rises and its industry … Continue reading
Israel Plans To Build “Separation Wall” Along Jordanian Border
Israel is planning to build another “separation wall” on its border with Jordan to protect it from possible infiltration by global jihadists, Israeli media reported on Thursday. The Israeli government’s plan to build the new wall has been revealed following the completion of a similar security fence on its border with Egypt. The Israeli government said that the first … Continue reading
Jordan, Israel Agree To Build $900M Red Sea-Dead Sea Desalination Plant
Jordan and Israel have signed an agreement on Thursday to build a $900 million water desalination plant in the Gulf of Aqaba and a pipeline that links the Red Sea with the Dead Sea, Reuters reports. The desalination plant will be constructed in the southern Jordanian port of Aqaba on the Red Sea and will desalinate … Continue reading
Libya: The Islamic State’s Looming Military Aggression Against The EU
By Alexander Orlov “You get what you pay for” – an old proverb goes. These days the West is beginning to reap the fruits of its own policies of creating “color” revolutions including on the very edge of its borders. On February 15 ISIL has opened a “second front” in the Arab World – heading this … Continue reading
Shinzo Abe’s Middle East Ambition
By Kai Schulze After his victory in the December 2014 elections, Japan’s Prime Minister Shinzo Abe has pledged to turn Japan into ‘one of the greatest powers in the world’ by implementing the new foreign policy approach of ‘proactive pacifism’. Abe is seeking to foster Japanese international engagement, which will increasingly reach beyond the regional … Continue reading
Who Gains And Who Loses From Plunging Oil Prices In The Middle East And North Africa Region?
By The World Bank Judging by the futures market, where the price of oil for delivery in August 2015 is US$56 per barrel, there is little optimism about a recovery in oil prices. With cheap oil looking like it is here to stay, the latest Quarterly Economic Bulletin offers a breakdown by country of the … Continue reading
Will World Oil Prices Be Affected By Major U.S. Setback In Middle East?
By Dmitry Minin The situation in the Middle East has aggravated recently. No doubt the things have gone bad for the United States, no matter this fact has been largely ignored by Western media. The further development of events may lead to drastic changes in the region giving an impetus to a new hike of oil … Continue reading
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