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Microsoft – Nokia merger set for $7.2 bn

Microsoft – Nokia merger set for $7.2 bn

Microsoft is set to buy Nokia’s smartphone unit for $7.2bn in a bid to strengthen its position against Apple and Google. The merger follows Microsoft’s $900 million write-off for unsold Windows Surface tablets and has been panned by analysts as a doomed move for the cell phone manufacturer to gain market share. Once dominant in […]

Congrats you won, here’s your Kalashnikov

Congrats you won, here’s your Kalashnikov

According to NewsYemen.net, Al-Qaeda has been awarding machine guns and automatic rifles to winners of a religious competition held during the holy month of Ramadan. The contest was publicised in Yemen’s southern provinces of Ibb, Ad-Dali and al-Bayda and prizes included Russian-made Kalashnikov rifles, Chinese machine guns, Austrian Glock pistols, as well as motorcycles and […]

Daughter of former Spy Chief released from Kidnapping

Daughter of former Spy Chief released from Kidnapping

Unud Senussi has been freed after being reportedly kidnapped last week. The daughter of former spy chief Abdullah Senussi was snatched by armed men upon being released from her 10-month jail term for travelling under a false passport. Unud was reportedly trying to enter Libya illegally and incognito in an attempt to see her father who […]

Sawiris eyeing stake in Telecom Italia

Sawiris eyeing stake in Telecom Italia

In an emailed statement to Reuters, Naguib Sawiris the former owner of Mobinil telecom in Egypt, said he was considering a “potential investment in Telecom Italia” but might not submit a proposal “in view of (Italy’s)… alleged preference for Telefonica reported in the Italian press.” Telecom Italia is Italy’s largest fixed-line operator however is has […]

Kuwait eyes oil purchases overseas

Kuwait eyes oil purchases overseas

Kuwait is seeking to make oil acquisitions in regions including south-east Asia as part of plans to meet output targets, according to a senior industry executive in the Gulf state. Sheikh Nawaf Saudi Al-Sabah, CEO of Kuwait Foreign Petroleum Exploration (KUFPEC), told Bloomberg that he was “looking very seriously” at overseas assets. The state-owned firm […]

Assad may not have known about Chemical Weapons

Assad may not have known about Chemical Weapons

German newspaper Bild am Sonntag paper reported on Sunday that Bashir Al-Assad may not have approved the use of chemical weapons allegedly used by Syrian forces on August 21, that left over 1400 killed. The article cites its source from radio messages intercepted by surveillance from the German naval reconnaissance vessel, the Oker, sailing close […]

Germany now backs EU for strong response on Syria

Germany now backs EU for strong response on Syria

Germany has now agreed to sign a G20 statement calling for a strong response to Syria’s alleged chemical weapon attack that left over 1400 people dead. This position comes after Chancellor Angela Merkel stated that Germany would not be involved in any military action against Syria. It also comes one day short of a vote […]

Algeria deploys 20,000 soldiers to border with Tunisia

Algeria deploys 20,000 soldiers to border with Tunisia

Twenty thousand Algerian forces, many from the army’s elite Special Forces unit, have been deployed to provinces bordering Tunisia where Algeria has set up approximately 60 checkpoints and outposts. Last week, 12,000 of these soldiers were sent to Tebessa, Souk Ahras and El Oued in preparation against terrorist attacks from Islamic militants after attacks on […]

Tokyo wins Summer 2020 Olympic bid

Tokyo wins Summer 2020 Olympic bid

The International Olympic Committee has elected Tokyo for the summer 2020 Olympics. In the final round of cities bidding to be host, Tokyo won over Madrid and Istanbul after questions over Turkey’s security and Spain’s financial crisis weighed on judges. Tokyo defeated Istanbul 60-36 Saturday in the final round of secret voting. Madrid was eliminated […]

Prince Andrew held by guards in mistaken identity

Prince Andrew held by guards in mistaken identity

Prince Andrew was recently held by armed guards at Buckingham Palace in a case of mistaken identity. Following a high alert on the palace grounds after an intruder was arrested two days earlier, guards ordered the Prince to put his hands up and get on the ground. The 53-year old son of the Queen and […]

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