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Ukraine, Morocco to sign free trade agreement this month

Ukraine and the kingdom of Morocco are expected to ink a Free Trade Agreement (FTA) in this month of December, Ukrainians authorities have said, media report. Morocco is among a set of countries the eastern European country is courting to establish FTA with. “This December, we plan to formalize this in official statements or memorandum, […]

December 4th, 2020 | Posted in Headlines,World News | Read More »

Algeria, Egypt eye production of Russia-made covid-19 vaccine Sputnik V

Algeria and Egypt could produce Sputnik V, Russia’s covid-19 vaccine, touted as the cheapest among other vaccines. Both countries were among 55 countries around the world that took part Wednesday in an UN-led virtual conference on the presentation of the Russian remedy for the deadly pandemic, reports say. Mikhaïl Mourachko, Russian health minister, at the […]

December 4th, 2020 | Posted in Headlines,World News | Read More »

Sudanese youth to sue 10 prominent figures including Abu Dhabi Crown Prince in ICC for human trafficking in Libya

The legal adviser of young Sudanese lured to get jobs in the United Arab Emirates but who ended up fighting in Libya on the side of war lord Khalifa Haftar, is preparing a lawsuit including human trafficking against 10 prominent individuals including Abu Dhabi Crown Mohammed Bin Zayed, in the International Criminal Court (ICC). Omar […]

December 3rd, 2020 | Posted in Headlines,World News | Read More »

UAE & Australia launch first Business Council

Australia’s Prime Minister Scott Morrison has inaugurated in Sydney the first ever Business Council between his country and the United Arab Emirates, UAE, with aim of boosting bilateral trade and investment between the two countries, reports say. UAE Ambassador to Australia, Abdulla Al Subousi attended the event welcomed by the Abu Dhabi. “Since the establishment […]

December 2nd, 2020 | Posted in Gulf News,Headlines | Read More »

US Pentagon charges UAE for alleged funding for Russian mercenary company in Libya

The United Defense department, the Pentagon, has leveled charges against the United Arab Emirates, UAE, for its alleged financing of Wagner Group, a Russian security company currently present in Eastern Libya, Foreign Policy Magazine reports. The charges, the magazine notes, were leveled last week by the Pentagon’s Inspector General for counterterrorism operations in Africa in […]

December 2nd, 2020 | Posted in Headlines,World News | Read More »

Saudi Arabia opens air space for Israeli aircraft en route for UAE

Saudi Arabia has authorized Israeli airliners flying to the United Arab Emirates, UAE, to use its air space, reports say. The move, Israeli came after Jared Kushner, son-in-law and adviser to US leader Donald Trump, persuaded Riyadh following a request by Israel. The use of the Saudi airspace will cut into half the flight route […]

December 1st, 2020 | Posted in Headlines,World News | Read More »

Oman to allow tourists to return

Oman is set to resume issuing tourist visas for special individuals several months after re-opening airports in October. “The Supreme committee decided to allow the issuance of tourist visas to enter the sultanate, provided that the arrival of tourists is within the framework of tourist groups organized by hotels and tourism companies,” committee tackling the […]

December 1st, 2020 | Posted in Gulf News,Headlines | Read More »

Kuwait’s GIC Gulf Insurance acquires French insurer AXA Gulf

French insurance giant AXA Group announced it has relinquished its Gulf region operations to GIC Gulf Insurance for $290 million as it moves to slim its activities. The transaction will enable GIC Gulf Insurance to take control of Axa Gulf and Axa Cooperative Insurance Company which focus largely on health and property insurance. Both of […]

November 30th, 2020 | Posted in Finance,Headlines | Read More »

Saudi telecom giant STC’s CEO steps down

Nasser Al-Nasser, Chief Executive Officer (CEO) of Saudi Telecom Co. (STC), the biggest mobile operator in the region, has resigned from the position after two years into the job. The board of directors of the company on Nov. 28 said Nasser has resigned citing personal reason. He will leave the company On March 28 next […]

November 30th, 2020 | Posted in Gulf News,Headlines | Read More »

Djibouti: The country sets up for its shipyard, second in Africa

Djibouti has just launched the construction of an infrastructure almost unique in Africa: a shipyard. For the past ten years or so, the country has had the ambition to become a crossroads of international maritime trade. The authorities hope that the shipyard, the first stone of which was laid on Thursday 26 November, will enable […]

November 30th, 2020 | Posted in Headlines,World News | Read More »