Russians become biggest buyers of Dubai real estate

In 2022, Dubai recorded more than 86,000 sales, surpassing the previous record in 2009 with 80,000 sales

Data leak exposes money laundering scheme in Dubai’s real estate market: Report

Earlier this year, the UAE was placed on a list of countries subject to increased monitoring due to rampant money laundering activities

HTS leaders invest in Turkish real estate stealing humanitarian aid from Syria: Report

Leaders from the Takfiri armed group have reportedly been reselling humanitarian aid on the black market for exorbitant prices in order to fund their real estate scheme

Western media distorts reality of Israel’s unprovoked raids of Al-Aqsa Mosque

News outlets from the west have been framing Israeli human rights abuses as 'clashes' between heavily armed shock troops and unarmed Palestinian worshipers

Take two: Turkiye’s election circus gets even crazier

The second round of Turkish presidential elections has drawn global attention for its increasingly bizarre alliances, outrageous propaganda, and personality politics. Ironically, not much is expected to change in its aftermath.

UAE becomes Russian gold trade hub due to western sanctions

The wealthy Gulf state has become an important outlet for Russian trade and investment following the imposition of western sanctions due to Russia’s war with Ukraine

Imran Khan’s arrest and Pakistan’s struggle for stability

The brief arrest of the former PM has again unleashed political turmoil in Pakistan, amid speculation that powerful military opponents may have orchestrated the unrest for their own interests.

Imran Khan released on bail to avert further unrest

The decision to grant bail for Pakistan’s ex-prime minister comes a day after the country’s top court declared his arrest in a corruption case ‘unlawful’

EU prosecutors grill Lebanon’s finance minister over central bank corruption

Youssef Khalil claimed that during his nearly 30-year tenure at the central bank he was unaware of any corruption or embezzlement of public funds

Lebanon tightens restrictions on Syrian refugees

Over two million Syrian refugees live in crisis-hit Lebanon, making up nearly 30 percent of the country's population

The US balks at thriving UAE-Russia relations

The leak of classified documents suggesting Emirati-Russian intel against the US has caused uncertainty about the future of US-UAE relations amid significant shifts in the geopolitics of the Persian Gulf.

Russian investors establish 1,300 companies in Turkiye in 2022: report

The report highlights that Turkiye's exports to Russia increased to $9.3 billion from $5.8 billion in 2021

Lebanon’s cenbank chief grilled by EU prosecutors, denies embezzling public funds

Riad Salameh, who the UN says is guilty of human rights violations for his role in creating Lebanon's economic crisis, claims to be the victim of political persecution

UAE becomes ‘country of focus’ over Russia ties: Washington

Washington continues to put pressure on the UAE to help isolate Moscow from the global economy

Swiss banks hold at least $500m in stolen Lebanese public funds: Report

Twelve Swiss banks are being investigated by federal authorities for holding funds embezzled by Lebanon's Central Bank Governor Riad Salameh

New wave of US sanctions target MTS Bank in UAE

Due to the UAE's significant security and economic relationship with the US, enforcement of sanctions targeting Russian interests in the emirate have been lax

US to impose new Russia sanctions, criticizes Turkiye, UAE

As Washington seeks to isolate Russia economically, US allies Turkiye and UAE are slow to comply with sanctions enforcement

Russian weapons on display in UAE

Kalashnikov assault rifles and missile systems were on sale at the Russian panel during the International Defense Exhibition in the UAE

Investment in Saudi startups reached $1bn in 2022

Saudi Arabia achieved the highest growth of venture capital funding among top Gulf countries last year, amounting to a 72 percent increase from 2021

France investigates paramour of Lebanon’s central bank chief for money laundering

Riad Salameh has avoided detention throughout the past year thanks to the protection afforded to him by high officials and by the US ambassador to Lebanon

Qatar reconsiders London investments in wake of grandstanding ban over ‘LGBT+ concerns’

Qatar has invested an estimated $40bn in the UK, owning British landmarks like Harrods, the Shard building, Chelsea Barracks, as well as a 20 percent stake in Heathrow airport

Saudi Arabia pledges $2.5bn to ‘Middle East Green Initiative’

Saudi Arabia is increasingly looking to diversify its economy away from oil

Germany, France ask to bypass Lebanese judges ‘impeding’ corruption probe into central bank chief

Riad Salameh faces money laundering and embezzlement charges in France, Germany, Luxembourg, Lichtenstein, Switzerland, and Lebanon

Saudi Arabia to invest $24Bln in five neighboring countries

The Saudi fund seeks to double its assets to about $1.1 trillion by 2025 and $2.7 trillion by 2030

Global finance vs global energy: who will come out on top?

There is more to the current struggle between the oil-consuming west and the oil-producing nations than meets the eye and it runs far deeper than the war in Ukraine

Michael Hudson: A roadmap to escape the west’s stranglehold

The geoeconomic pathway away from the neoliberal order is fraught with peril, but the rewards in establishing an alternative system are as promising as they are urgent

Netanyahu pledges to solve Israel’s housing crisis by annexing more Palestinian land

Israelis are currently more concerned about the economic policies in the country than they are about international politics

US calls to end oil dispute between Baghdad and Kurdistan region

During a meeting between Masrour Barzani and the US Assistant Secretary of State, Washington reaffirmed its support for the Kurdistan government and Kurdish militias

Lebanon’s central bank chief guilty of embezzling millions in public funds

Official documents show Riad Salameh laundered millions using real estate owned by shell companies linked to his close relatives, and did so with full impunity from other central bank authorities

Saudi Arabia signs investment deals with Uzbekistan worth $12bln

Over the past year, the kingdom has begun looking east for its investments as US influence in West Asia continues to drop