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Morocco has become the first Arab and African nation to qualify for the semi-finals of the world cup after beating Portugal 1-0 in a pulsating game played Saturday at Al-Thumama stadium. The Moroccan goal was scored by Youssef En-Nesyri with Read more
Qatar has made its entry among the world’s leading countries for entrepreneurs per the 2020 assessment index for 50 countries around the world by Global Entrepreneurship Monitor (GEM). GEM’s National Entrepreneurship Context Index (GEM NECI) ranks the Gulf country 9th Read more
Raghavan Seetharaman, the veteran CEO of Doha Bank has resigned after 15 years of service at one of the biggest commercial banks in Qatar, Zawya reports. It is unclear why the Indian man has resigned as the bank did not Read more
UAE’s biggest lender First Abu Dhabi Bank (FAB) has sold a 60 percent stake in its payments firm, Magnati, to Canada’s Brookfield Business Partners, Zawya reports. The transaction will bring to the Abu Dhabi-based bank around $690 million. FAB will Read more
Turkey has reverted plans to expel 10 foreign diplomats including US envoy after a secret deal with US officials that the envoys will re-commit to non-interference into Turkey’s internal affairs, Middle East Eye (MEE) reports. Turkish President Recep Tayyip Erdogan Read more
QatarEnergy also known as Qatar Petroleum has signed an agreement with ExxonMobil Canada to take part in oil exploration Hampden, a town in the Canadian province of Newfoundland and Labrador, Zawya reports. The state-run company will control 40 per cent Read more
UAE is the world’s second safest country in 2021 Global Finance Magazine has reported. The index which takes into account three fundamental factors – war and peace, personal security, and natural disaster risk, hails the Gulf country’s efforts to curb Read more
Following the high instructions of Moroccan King Mohammed VI, Supreme Commander and Chief of General Staff of the Royal Armed Forces, the joint Moroccan-US exercise “African Lion 2021” will take place on June 7-18, 2021, in the regions of Agadir, Read more
Abu Dhabi’s third investment fund, ADQ, has acquired for $740 million Egypt-based Amoun Pharmaceutical Co. controlled by Canada-based Bausch Health Companies Inc. Bausch Health Companies Inc. in a statement Wednesday said it reached a deal with ADQ to relinquish its Read more
Dubai-based, global infrastructure-led supply chain solutions provider, DP World and its Canadian partner Caisse de dépôt et placement du Québec (CDPQ) Wednesday confirmed their plan to increase their investment platform with $4.5 billion. The commitment will bring the total size Read more