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The Islamic Development Bank (IsDB) Sunday announced the appointment of the Saudi former Economy and Planning minister, Sulaiman Al-Jasser, as the new president of the financial institution. Al Jasser, according to a statement of the bank, has been approved by Read more
OPEC and allied countries, meeting as OPEC+, agreed Sunday to raise production limits on five countries, ending a dispute that had sent global energy prices reeling. The disagreement, triggered by the United Arab Emirates’ request to increase its own production, Read more
Morocco and Israel have agreed lately to cooperate in cyber-security and related research & development in this highly sensitive and technical field. The announcement was made by Head of Israeli diplomatic mission in Rabat David Govrin in his tweeter account. Read more
Qatar Investment Authority (QIA), the country’s sovereign wealth Fund, has launched a wholly-owned advisory subsidiary in Singapore to source investment opportunities in Asia, Zawya reports citing a source from the Fund. The subsidiary, Qatar Investment Authority Advisory (Singapore) Pte Ltd, Read more
Three military planes carrying 13.5 tons of medical aid each took off Thursday morning from the 3rd Royal Air Force base of Kenitra, bound for Tunisia, as part of the emergency medical aid ordered by the King for the benefit Read more
Prosperity7 Ventures, the investment vehicle of Saudi Arabia’s largest state-run company has invested in Chinese medical rehabilitation robot firm Fourier Intelligence as part of the startup’s Series C+ funding round, Zawya reports citing the Chinese company. “All proceeds will go Read more
Iraq has arrested a senior army officer who allegedly stole the salaries of peers and fled to Turkey, Middle East Monitor (MEMO) reports, citing the Iraqi military. Spokesperson for the Iraqi Commander-in-Chief Yehia Rasool announced on Twitter the arrest of Read more
Kuwait customs has seized 2.22 million bags of narcotics at the country’s Shuwaikh port, Kuwaiti state news agency KUNA reports. The substances were found in three containers left behind for over 90 days in the port. The General Administration of Read more
Israeli foreign minister Yapir Lapid invited his Moroccan peer Nasser Bourita to visit Israel as the two countries prepare to launch direct air links. The invitation was communicated by Director General at Israel’s foreign ministry Alon Ushpiz who is leading Read more
The Saudi German Hospital Group, one of the largest healthcare providers in the Middle East and Africa (MENA) region is planning to build a new medical complex in Egypt with the aim of doubling its capacity, reports say. Regional Manager Read more