Home » December 31st, 2020 Entries posted on “December, 2020”

Sudan: There is concern about the departure of the UNAMID force from Darfur

December 31 in Sudan marks the official end of the Joint United Nations-African Union Peacekeeping Mission in Darfur (UNAMID). The evacuation of all personnel and equipment will begin on 1 January and is expected to be completed by 30 June. The change is being apprehended by the population and observers on the ground. UNAMID was […]

December 31st, 2020 | Posted in Headlines,World News | Read More »

European Investment Bank to finance three metro projects in Egypt

The European Investment Bank, EIB, will finance up to €1.1 billion three metro projects in Egypt following an agreement with the North African country, Arab Finance reports citing a statement from the Egyptian government. The financing includes €138 million for upgrading the Raml tram, €750 million for converting the Abu Qir-Alexandria railway into a subway, […]

December 31st, 2020 | Posted in Finance,Headlines | Read More »

Saudi wealth fund PIF launches security firm to diversify investment portfolio

Saudi Arabia’s wealth fund PIF has started a security firm in Riyadh as part of its policy to diversify its business, Gulf Business reports say. The company named National Security Services, SAFE, will according to the fund, focus on providing security services that include security consulting, security solutions, training and development, and a range of […]

December 31st, 2020 | Posted in Finance,Headlines | Read More »

Egypt thawing ties with GNA to counter Turkey

Egypt is sending a key delegation to Tripoli to meet with the UN-backed Government of National Accord (GNA) led by Faiez Serraj, seeking to counter Turkey which has been present in the oil-rich country since last year. The delegation headed by deputy chief of intelligence and head of Libya file at the Egyptian Presidency Ayman […]

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

Two Saudi soldiers killed near border with Yemen

Two Saudi military forces were slain in Najran, south of the kingdom, near the border with Yemen where the Gulf country has been clashing with Houthi rebels, reports say. The kingdom’s news agency, SPA, noted, that the soldiers were killed while on duty. The agency however did not elaborate on the circumstances. The latest fatalities […]

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

Algerian leader Tebboune returns home after two-month long covid-19 treatment in Germany

Algerian President Abdelmadjid Tebboune returned to the North African country after spending two months in Berlin, Germany, for medical treatment after testing positive to covid-19. Tebboune appeared in a video footage during a news hour on state-run television, ENTV. The Algerian leader indicated that he still has to recuperate from the disease that forced him […]

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

Several Kuwait officials sentenced to prison for public funds dilapidation

A Kuwaiti court Monday handed multiple prison sentences to several state officials charged for embezzling public funds, reports say. A criminal court in the Gulf country, The New Arab reports citing local Al Rai, sentenced two former ministry of health agents to seven year in prison. Dismissed from their jobs, the two officials to pay […]

December 29th, 2020 | Posted in Gulf News,Headlines | Read More »

UN urges Riyadh to release Saudi women rights activist sentenced to prison

The UN human rights office Monday called on Saudi Arabia to free a prominent women rights activist sentenced nearly to six years in prison. Loujain al-Hathloul, who campaigned in 2018 to lift the ban on the women’s right to drive, was sentenced Monday to five years and eight months to prison on seeking to change […]

December 29th, 2020 | Posted in Gulf News,Headlines | Read More »

Indian TCI Sanmar Chemicals to invest $200m in Egypt

India-based chemical producer, TCI Sanmar Chemicals, is planning to inject $200 million into the Egyptian market in a move that will bring the company’s total investment in the Arab country to $1.7 billion. CEO, Sherif Al-Menoufi, Al Mal News reported, made the announcement adding that the first and second quarters of 2021 are expected to […]

December 29th, 2020 | Posted in Energy,Headlines | Read More »

KSA: four new oil and gas discoveries

Saudi Arabia, the world’s largest exporter of crude, discovered four new oil and gas fields, the kingdom’s minister of energy Prince Abdulaziz bin Salman bin Abdulaziz said on Sunday. State oil firm Saudi Aramco discovered 4,452 barrels of unconventional oil and 3.2 million standard cubic feet of gas in Al Reesh oil field, north west […]

December 28th, 2020 | Posted in Energy,Gulf News,Headlines | Read More »