Home » November 30th, 2020 Entries posted on “November, 2020”

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 »

Algeria debunks presence on UAE’s shortlist of countries denied entry visas

Algeria’s foreign ministry has denied reports that the North African country is among 13 countries to whom the United Arab Emirates has temporalily suspended the issuance of entry visas. “Foreign media and social networks have relayed information claiming that Algeria was included in a document issued by an official body of the United Arab Emirates […]

November 27th, 2020 | Posted in Gulf News,Headlines,World News | Read More »

The Kingdom of Bahrain will open a consulate general in the Moroccan city of Laayoune

“His Majesty King Mohammed VI, may God assist Him, received on Thursday a phone call from His brother, HM Hamad Ben Issa Al Khalifa, King of the brotherly Kingdom of Bahrain. This call is part of the sincere fraternal relations and mutual esteem between the two Sovereigns and the two Royal Families, and reflects the […]

November 26th, 2020 | Posted in Gulf News,Headlines | Read More »

Russia, Iraq to boost military cooperation, new arm deals in the pipeline

Russia and Iraq Wednesday said they discussed military cooperation between the two countries with new arm deals in perspective during the next visit of the Iraqi defense minister to Moscow in the “foreseeable future”. Russian foreign minister Sergey Lavrov received his Iraqi counterpart Fuad Hussein in Moscow. Lavrov following the talks indicated that Russia is […]

November 26th, 2020 | Posted in Headlines,World News | Read More »

Mohammed VI Arab Champions Cup final to take place January 2021

The Mohammed VI Champions Cup will come to close in January next year with the final more than one year after the kickoff. Mohamed Raouraoua, Vice-President of the organizing body, Union of Arab Football Associations, UAFA, made the announcement without further elaboration. The UAFA early this week also announced the resumption of the championship following […]

November 26th, 2020 | Posted in Headlines,World News | Read More »

Qatar intercepts two Bahraini coast guard vessels

Qatar Wednesday said it stopped and let go two Bahraini coast guard vessels which entered its territorial waters during drill. The interior ministry of the Gulf country in statement said it reached Bahrain’s operations room for explanation but to no avail. The captain of one vessel according to Qatari officials indicated that a mechanical difficulty […]

November 26th, 2020 | Posted in Gulf News,Headlines | Read More »

Ethiopia: Prime Minister Abiy Ahmed rejects mediation attempts in Tigray as ultimatum ends

Prime Minister Abiy Ahmed’s ultimatum comes to an end on Wednesday. Humanitarian and political leaders fear a bloodbath as the region is cut off from the world. Diplomats, international institutions and foreign powers are trying to encourage dialogue. But the Ethiopian government is still turning a deaf ear. It is a clear rejection that Abiy […]

November 26th, 2020 | Posted in Headlines,World News | Read More »

Popular Egyptian artist to stand trial for posing with Israeli celebrities in UAE

A popular Egyptian singer will stand trial next month following public backlash that ensued in the wake of the publication of photographs that revealed him mingling with several Israeli celebrities in the United Arab Emirates, UAE. Mohamed Ramadan, 32, one of Egypt and Arab world’s leading singers and actors will be in court on December […]

November 25th, 2020 | Posted in Headlines,World News | Read More »