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Saudi Arabia provided Tunisia $200 million in form of credit line to finance the import of Saudi oil byproducts, Tunisian Economy ministry has said. The North African country is grappling with difficult economic situation compounded by the ongoing pandemic that Read more
Egypt has been accepted as member of the New Development Bank (NDB) established six years ago by Brazil, Russia, India, China and South Africa, forming a group known as BRICS. The accession represents a testimony of confidence in the solidity Read more
The CEO of Dubai-based Emaar Development has resigned after three years in the role, citing personal reasons, Zawya reports. Bader Hareb’s resignation was announced in a stock market statement on Thursday, but no announcement was made regarding his replacement, the Read more
Egypt’s Ministry of State for Immigration will launch in January an electronic insurance for its diaspora worldwide, a statement from the ministry has announced. Egyptian working and living abroad can register for the policy online via the Egyptian Pool Read more
A criminal court in Kuwait on Tuesday handed sentences from five to fifteen years in prison to six judges for “bribery, forgery and money laundering”, reports say. In connection with the case, the court acquitted a judge, fined another 5,000 Read more
Bahrain Shura Council Sunday trashed two bills that sought to amend the Civil Service Law to reserve all jobs under the public sector, including contract jobs for Bahrainis, confirming the Gulf country’s policy to replace expats working in government by Read more
WOQOD, Qatar’s main fuel company and operator of most petrol stations in Doha, has rejected social media rumors that the company had been granted a license to sell alcoholic beverages in its outlets, Doha News reports. “Regarding what was recently Read more
Saudi Arabia has accepted the return of Iranian diplomats to the kingdom amid rapprochement between the two sides after five years of diplomatic row. Hossein Amirabdollahian, Iran’s top diplomat, Thursday indicated that the Gulf Arab country has agreed to grant Read more
About 8,500 new hotels keys will be added to Egypt’s hospitality sector for a total investment of about $635 million, reports say. The figure represents an increase by 50 per cent compared to this year new hotel room construction. 5,550 Read more
Khalifa Haftar, a presidential candidate for almost impossible Libyan Dec. 24 elections and strongman of the oil-rich African country’s eastern regions, marshalled around him Tuesday several other candidates including former powerful Interior minister Fathi Bashagha, to bring together their visions Read more