World’s 50 Richest Arabs Lose $25bn in 2008
The world's 50 richest Arabs have lost 12 percent of their combined fortune this year, as a result of the international economic crisis, the business portal Arabian Business revealed.
Palestinian NGO to Sue Britain for Balfour Declaration
Ninety-one years after Britain's Foreign Minister Arthur Balfour issued a declaration, calling for the establishment of a 'national home for the Jewish people' in Palestine, a Palestinian non-governmental organization plans to sue Britain.
Kuwait Sends Ambassador to Baghdad
Kuwait has sent its first ambassador to Iraq in 18 years, a sign of improving diplomatic ties between Iraq and its Arab neighbors.
New Terror Group Unveiled in Gaza; Hamas Denies
A new Palestinian terror group calling itself the Hizbullah Brigades in Palestine (HBP) issued a proclamation over the weekend saying it would soon begin operating in the Palestinian areas against the Israeli occupation.
U.S., France Anxious as Syria-Lebanon Tension Builds
A series of bombings in northern Lebanon and Damascus, followed by mutual accusations, are a matter of concern to world powers, including the United States and France.
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