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Morocco reaffirmed its willingness to negotiate a UN solution to the Sahara conflict on the basis of the autonomy platform provided Algeria takes part in round tables as a party. This came in a foreign ministry statement issued following talks Read more
Gulf Marketing Group, best known as GMG, has availed plans to open 100 stores across Egypt by 2026, as part of its expansion plans in the North African market. The expansion will be carried out within the next five years Read more
Lebanon and Iraq on Sunday signed a Memorandum of Understanding (MoU) aimed at strengthening ties in the economic, industrial, scientific, environmental and technological fields, according to a statement released by Lebanon’s Industry Ministry. “The MoU also intends to improve business Read more
The board of director of Dubai Chambers adopted Thursday a new three-year (2022-2024) with focus on four priorities planning improving the business environment in Dubai, attracting foreign investments and international companies to the emirate, supporting member companies with global expansion Read more
Saudi Railway Company, also known as SAR, has agreed with ride-hailing platform Careem to offer passengers additional transportation services after they arrive at its stations, reports say. The joint venture aims to make it easier and for passengers to travel Read more
OPEC has appointed Kuwait’s oil veteran Haitham al-Ghais as its new Secretary general, as the bloc and its allies are hoping that a volatile oil market will be tamed enough to allow a return to pre-pandemic production levels. Ghais, forme Read more
The U.S and European Union Tuesday warned the Sudanese military against the appointment of one its own as Prime Minister as civil Premier Abdallah Hamdok resigned amid protests against the junta, reports say. US, Britain and Norway and the EU Read more
DP World will begin construction of a $1.13 billion deep-water port at Ndayane, around 50 km (31 miles) south of the Senegalese capital Dakar after leader of the African country Macky Sall laid Monday the foundation stone. DP World Dakar, Read more
Israeli defense electronics company Elbit Systems will provide the United Arab Emirates (UAE) Air Force with electronic warfare (EW) protection systems, the company announced this Monday. The systems, purchased for $53-million, are intended to protect the UAE’s Airbus A330 Multi Read more
The Saudi Arabia Grant Management Committee signed several financing agreements to contribute to financing Egyptian small, medium and micro enterprises (SMMEs) for an estimate of EGP300 million (around $20 million), Arab Finance reports. The funding will be made through three Read more