Israel will restore ties with Turkey only after Ankara closes Hamas office in the city of Istanbul, an Israeli official has said according to media reports. “[President Recep Tayyip] Erdogan would be happy to return our ambassador to Ankara, but what we are interested in is Hamas activity in Turkey,” the official who asked not […]
Saudi venture capital firm, KBW Ventures, has participated in the financing of $60 million debt of US cellular seafood firm BlueNalu, the company said Wednesday. The investment came during the Series A funding round of BlueNalu. KBW Ventures is owned by Prince Khaled bin Alwaleed bin Talal Al Saud and the investment makes the Saudi […]
Shell has set up in Oman a 25 megawatt solar plant, the first of the energy giant in the Gulf country and the Middle East, Trade Arabia reports. Named Qabas solar plant, the station is located on a 50-hectare site within Sohar Freezone in northern Oman, and consists of over 88,000 solar modules. “This is […]
The United Arab Emirates has put on hold the visa free agreement with Israel until July 1 in a move to curb Covid-19 contaminations, Zawya reports. The Gulf country’s foreign and international cooperation ministries have updated the travel requirements for Emiratis to Israel on their website and removed Israel from the ‘visa not required’ category. […]
Egypt has signed up for $200-million loan from the World Bank earmarked for the implementation of an air pollution project. The financing, according to Environment Minister Yasmine Fawad, will support the ministry with accurate air quality monitoring devices to complement the monitoring system infrastructure, as part of the preparation for Cairo air pollution management project. […]
Kuwaiti Coastguards nabbed Saturday 10 Iranians who entered the Gulf country illegally reports say. A Kuwait man saw nine of the men jumping out of a ship in the Mina Abdullah area, South of Kuwait and alerted authorities. The security forces also managed to arrest the captain of the ship, also an Iranian. The men […]
Iraq has given a set of construction projects valued at $20 billion to a consortium of Chinese companies, reports say citing an Iraqi official. “The projects include the construction of a power station and a factory for floors and porcelain with a production capacity of 32,000 m2 per day, and a factory for ceramic walls […]
The White House announced Friday the designation of both the United Arab Emirates and the Kingdom of Bahrain as “Major Security Partners” of the United States. The designation of the two countries as Major Security Partners “recognizes our exceptional security partnership—exemplified by their hosting thousands of United States Soldiers, Sailors, Airmen, and Marines—and the […]
President Donald Trump awarded the Legion of Merit, Degree Chief Commander, to King Mohammed VI of Morocco in recognition of his positive impact on the political landscape of the Middle East and North Africa, and his enduring leadership to advance partnership between Morocco and the USA, the White House press secretary announced Friday in a […]
U.S. President Donald Trump on Friday received Morocco’s highest award for his work in advancing a normalization deal between Israel and Morocco, a senior administration official told Reuters. In a private Oval Office ceremony, Princess Lalla Joumala Alaoui, who is Morocco’s ambassador to the United States, gave Trump the Order of Muhammad, an award given […]