Turkish Airways debunks plans to acquire controlling stakes in TAP

Turkey’s national carrier, Turkish Airways has branded rubbish media that reports that it is planning to acquire controlling shares in Portugal’s ailing flag carrier TAP, Daily Sabah reports. The action came after Portuguese newspaper Negocios reported Monday citing diplomatic sources Read more

Saudi Arabia, Egypt contemplate exchange of military experience, technology

Egyptian Minister of Military Production Mohamed Ahmed Morsi and the president of the Saudi General Organization for Military Industries Mohammed bin Hamad Al-Mady discussed Monday the possibility of exchanging experiences and manufacturing technology, Arab News reports. They met on the Read more

Egypt, Jordan agree to double power interconnection to 1,000 megawatts

Egypt and Jordan Sunday agreed to double the capacity of their joint power interconnection to 1,000 megawatts, reports say. The Jordanian energy minister Saleh Kharabsheh reached the deal with Egypt’s minister of electricity Mohamed Shaker in the kingdom. The agreement Read more

Libya: Court rules on appeals against Dbeibah’s presidential candidacy

The Tripoli Court of Appeal on Sunday declared admissible two appeals challenging the candidacy of the head of the Libyan interim government Abdelhamid Dbeibah in the presidential election. These appeals were filed by candidates for the December 24 election. Among Read more

Libya’s electoral Commission disqualifies Saif al Islam Gaddafi

Libya’s electoral body, High National Elections Commission (HNEC), has invalidated the candidacy of Saif al Islam Gaddafi, the son of former leader Muammar Gaddafi, for failing to meet requirements. The HNEC published Wednesday list of 75 candidates vetted for the Read more

UAE, Turkey central banks sign cooperation agreements

The Central Bank of the Republic of Turkey (CBRT) and the Central Bank of the United Arab Emirates (UAE) signed cooperation agreement between the two institutions on the sidelines of Abu Dhabi Crown Prince Mohammed bin Zayed’s visit to Ankara Read more

Morocco: Israeli Defense Minister Gantz signs Israel’s first-ever defense MOU with an Arab country

Israel’s Deputy Prime Minister and Minister of Defense, Benjamin Gantz, was received on Wednesday in Rabat, upon High Royal Instructions, by the Minister Delegate to the Head of Government, in charge of the National Defense Administration and by the Lieutenant Read more