Saudi Arabia’s Agricultural and Livestock Investment Company, Salic, has acquired 29.81 per cent of Daawat Foods Ltd (DFL) from the India Agri Business Fund. The acquisition is in line with the Saudi investment company’s strategy to invest in rice, the aim being to strengthen the rice supply chain and make it more efficient and robust. […]
The Palestinian Authority (PA) in the West Bank has declined tons of medical aid provided by UAE to help fight covid-19, arguing it was not informed about the shipment that was sent through Israel, The New Arab reports. PA health ministry in a statement Thursday said the aid was sent without coordination. “UAE aid arrived […]
The family of prominent Saudi journalist Jamal Khashoggi killed in the kingdom’s consulate in Istanbul in 2018 said they have forgiven murderers of their father, Anadolu News agency reports. “On this blessed night of the blessed month (of #Ramadan), we remember God’s saying: ‘If a person forgives and makes reconciliation, his reward is due from […]
A cabinet meeting led by President Michel Aoun has decided to maintain fuel supply contract with Sonatrach Petroleum (SPC), a subsidiary of Algeria’s state-run oil company, that is currently embroiled in supply of low quality fuel and corruption scandal, reports say. The Lebanese leader however stressed that investigations launched into the alleged corruption and supply […]
Police in Egypt have arrested four men who attempted to rob a business in capital Cairo, disguised as national soccer and Liverpool star Mohamed Salah, reports say. The gang was arrested Tuesday on Hassanein Heikal Street in Nasr City neighborhood. They reportedly confessed to the Major General Nabil Selim, the director of the General Department […]
The U.S Tuesday blacklisted a Shanghai-based logistic firm over alleged accusation that the company provides services to Iran’s airliner Mahan Air which has been the US sanction list since 2011, Anadolu News agency reports. Saint Logistics Limited, which provides services in several areas including railway, sea transport, airlines for cargo transportation and multimodal transportations of […]
Germany’s national carrier, Lufthansa, has announced resumption of flights from Dubai to Frankfurt for June 7, Arabia Business reports. “People want to and can travel again, whether on holiday or for business reasons. That is why we will continue to expand our offer step by step in the coming months and connect Europe with each […]
A senior Iranian official Sunday rejected reports claiming that Iran and Russia agreed to remove Syria’s President Bashar al-Assad, saying it is a lie by the US. Hossein Amir-Abdollahian, a senior adviser to Iran’s parliament speaker in a tweet said Assad is “the legitimate president of Syria.” “Report of a deal between Iran and Russia […]
President Donald Trump named on Friday Moroccan-born doctor Moncef Slaoui chief scientist of “Operation Warp Speed”, a White House initiative aiming to quickly develop and distribute coronavirus vaccines. Dr. Slaoui, a former GlaxoSmithKline executive, is “a world-renowned immunologist who helped create 14 new vaccines in 10 years” during his time in the private sector, said […]
The Pentagon said Wednesday it has awarded Boeing two contracts worth $2 billion to manufacture over 1,000 missiles for Saudi Arabia. Boeing, under the first contact worth $1.97 billion, will produce 650 air-to-surface missiles with a range of about 290km. The second contact, estimated at $657 million with the aerospace and weapons manufacturing giant, will […]