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Egypt biggest arms recipient among developing countries in 2015: US congress

Egypt ranked first among developing nations for importing arms in 2015, bringing in weaponry that amounted to $5.3bn, according to a new US congressional report titled “Conventional arms transfers to developing nations, 2008-2015”. In that same list, Egypt is followed by Iraq and Saudi Arabia, with $5bn and $4.5bn, respectively. Egypt occupied second place on …

Taha Sakr

Conscription: what is it good for?

This article neither responds nor is even remotely interested in the televised report broadcast by Qatar’s Al-Jazeera about conscription or compulsory drafting in the Egyptian army. This goes back to many reasons, but foremost because the virus only infects the body that suffers from weak immunity. I argue that the immunity of Egypt, of both …

Moataz Bellah Abdel-Fattah

Pushing the envelope: the World Cup and Arab revolts drive change

Pressured by human rights and trade union activists leveraging Qatar’s exposure as a World Cup host and influenced by subtle changes sparked by popular Arab revolts in recent years, young Qataris are pushing the envelope, broaching publicly hitherto taboo subjects like homosexuality, women’s dress codes, and citizenship. The pushing of the envelope may be the …

James Dorsey

A study in soft power strategy: Iceland 1, Qatar -1

The soccer soft power contrast between Qatar and Iceland speaks volumes. A comparison of the strategies of both countries demonstrates that it takes more than money to leverage soccer to create political, geopolitical, and economic opportunity. Money and world soccer body FIFA’s desire to take one of the world’s foremost sporting events beyond Europe and …

James Dorsey

Sideways trend dominates Gulf markets in past week’s trading

The Arab Gulf stock markets experienced a sideways trend over the past week affected by the high price of Brent Crude, which rose from $42.14 up to $46.97 per barrel since the beginning of August. Qatar led the region-wide rise to finish 2.57% higher during the past week’s trading. It increased from 10,681.08 points to …

Mohamed Ahmed

Kuwait tops Gulf stock markets amid varying performance

Performance of Gulf stock markets varied over the past week. The Kuwait Stock Exchange (KSE) rose by 1.29%, recording an average daily trade volume of KD 7.236m. The Qatar Stock Exchange (QSE) followed in second, having closed at 10,652.3 points and an average trade volume of QR 181.6m per day. The Muscat Securities Market (MSM) …

Daily News Egypt

Profits take over Gulf markets during last week’s trading

Qatar’s stock exchange topped the Gulf markets last week with an increase of 4.66%, reaching a level of 10,428.67 points, recording an average daily trading value of 144.914m riyals. Dubai capital market came second with an increase of 3%, reaching the level of 3,471.9 points, recording an average daily trading value of 496.84m dirhams. Saudi …

Daily News Egypt

US adds pressure on Qatar to move on labour reform

A recently published United States (US) State Department report on human trafficking provides Qatar with yet another roadmap to counter World Cup-related international criticism of its labour regime. The State Department’s annual review serves as a warning to Qatar, as the clock ticks on an ultimatum by the International Labour Organisation (ILO). The ILO last May said that it …

James Dorsey