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UAE scraps costly worker deposits for private businesses

The United Arab Emirates is on a blitz. In the past three weeks, the federal government and regional sheikhdoms have announced a slew of measures designed to stimulate and diversify their oil-dependent economies. The latest: scrapping the billions of dollars private businesses have to lay out...

Israel, Egypt gas partners near deal to control EMG pipeline

The companies developing Israel’s largest natural gas fields and an Egyptian partner are close to a deal that would give them control of the pipeline to Egypt, eliminating some of the outstanding legal disputes that have impeded progress on a $15 billion export contract. Israel’s Delek...

Yemen rebel attack kills 12 soldiers south of Hodeida

A Yemeni rebel attack killed 12 soldiers south of the battleground Red Sea port city of Hodeida on Friday, military and medical sources said. The rebels launched the attack on the coast road from the government-held ports of Khokha and Mokha along which Saudi-backed troops advanced on...

Gaza residents pray near Israel, as Muslims mark Eid

Gaza worshippers knelt on prayer rugs spread on sandy soil, near the perimeter fence with Israel, joining hundreds of millions of Muslims around the world Friday in marking the holiday that caps the fasting month of Ramadan. The three-day Eid al-Fitr holiday is typically a time of...