United Arab Emirates
Saudi-Iran row could shatter Syrian peace efforts: Analysts
The deepening crisis between Saudi Arabia and Iran could threaten fragile efforts to negotiate an end to the Syrian war, which has claimed more than a quarter of a million lives, analysts say.
"The conflict between Iran and Saudi Arabia will definitely have a negative impact" on the peace process, said Samir Nashar, a member of the Syrian opposition-in-exile.
Champion of UAE Signs Colombian Star of Bulgaria's Litex
The reigning football champion of the United Arab Emirates, Al-Ain, signed a contract with Colombian winger Danilo Asprilla who used to be one of the leading players of Bulgaria's Litex.
Asprilla moved to the Bulgarian club in 2014, making 78 appearances, scoring 26 goals and recording nearly 20 assists for the team from Lovech.
Diplomatic Row Between Iran, Saudi Arabia Deepens
The diplomatic row between Iran and Saudi Arabia has deepened as several other countries have joined.
Bahrain, Sudan and the United Arab Emirates have all taken diplomatic actions against Iran after the Saudi embassy in Tehran was attacked following the execution of a Shia Muslim cleric in Saudi Arabia over the weekend.
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Turkey's TAV tops airport construction worldwide
Turkey's TAV Construction has once again become the world's largest airport construction company in 2015 on the global list released by the Engineering News-Record (ENR), the company announced in a press release on Jan. 4.
The total contract value of the projects TAV Construction has undertaken so far has exceeded $17.2 billion.
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Iran-Saudi crisis deepens as diplomatic ties cut
Tensions between Iran and its Sunni Arab neighbors reached new heightsyesterday as Saudi Arabia and its allies cut or downgraded diplomatic ties with Tehran in a row over the execution of a Shiite cleric.
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Turkey should not get involved in Saudi-Iran rift
Saudi Arabia opened its embassy in Baghdad after 25 years closed on Jan. 1. It had been closed ever since Iraq invaded Kuwait.
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White House 'delays imposing new sanctions on Iran'
The White House has delayed imposing new financial sanctions on Iran over its ballistic-missile program, The Wall Street Journal reported on Dec. 31.
Fire engulfs Dubai hotel near world's tallest building
Fire engulfed a 63-storey skyscraper in downtown Dubai on Dec. 31 night, but there appeared to be no injuries, a civil defense official said.
Turkey home to 100,000 millionaires
Turkey now boasts more than 100,000 millionaires, making it the Middle East's top country for the wealthy, according to an expert on high net worth individuals.
Andrew Amoils of the London-based New World Wealth predicted that Turkey would see a 60 percent increase in the number of millionaires living in the country by 2025.
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Saudi to boost petrol prices by more than 50 percent
Saudi Arabia said on Dec. 28 it was raising petrol prices by more than 50 percent for some products from Dec. 29 as it cuts a range of subsidies after posting a record budget deficit at $95 billion.
Prices will also increase for electricity, water, diesel and kerosene under the cuts decided by the council of ministers headed by King Salman, the official SPA news agency reported.