Though the dreaded Islamic State is earning over USD 3 million daily by producing about 80,000 barrels of oil in Iraq and Syria, experts say the group is finding it difficult to maintain its gains and emerge as an energy player.
The United Arab Emirates (UAE), one of Washington`s closest allies in the Middle East, has called for a "unified effort" to root out radical militancy in regional hotspots including Iraq, Syria, Yemen, Libya, Somalia and Afghanistan.
Dubai has unveiled plans to build the world`s first temperature-controlled city Mall of the World, an ambitious project spread over an area of 48 million sq ft, to attract tourists even during the scorching summer months.
Widening its probe into the money laundering probe in the Rs 3,600 crore VVIP chopper deal, the Enforcement Directorate will send judicial requests to about six countries seeking information on bank accounts and transactions to detect the trail of alleged kickbacks money.
A man purported to be the reclusive leader of the militant Islamic State has made what would be his first public appearance at the grand mosque in Iraq`s second city, Mosul, according to a video recording posted on the Internet on Saturday.