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Egypt attracted more Foreign Direct Investment (FDI) than any African country in 2020, a report by United Nations Conference on Trade and Development (UNCTAD) revealed. The flow of FDI to Egypt according to the report stood at $5.5 billion despite Read more
The Covid-19 vaccination campaign in Morocco was launched Thursday from the Royal Palace in Fez by King Mohammed VI, who received the first shot of the vaccine. The vaccination campaign is launched after Morocco received last week two million doses Read more
Oman Labor ministry has released a new fee structure that employers have to follow as the Gulf country pushes through its Omanization plan in all work sectors. Per the new structure, Times of Oman reports, hiring an expatriate in a Read more
Morocco will launch the vaccination campaign against the coronavirus on Thursday Jan.28 and King Mohammed VI will give the effective start of the campaign, the royal office announced in a statement on Wednesday evening. “After receiving different batches, the Read more
A court in Iran has sentenced the brother of the Vice President to two years in prison on corruption charges. Gholamhossein Esmaili, spokesman of the Iranian judiciary, The New Arab reports, indicated that Mahdi Jahangiri, the brother of Eshaq Jahangiri Read more
Eastern Libyan authorities in Tobruk have freed 32 Egyptians kidnapped by criminal gangs reports say. The Egyptian nationals reportedly entered Libya illegal and were abducted by the alleged criminals who also blackmailed them. Egyptian media Al Youm Al Sabei citing Read more
Sudan and Israel Monday signed a Memorandum of the Understanding (MoU) in the area of security as the first major move between the two countries since ties normalization agreement have been inked this month. Israel’s Intelligence minister Eli Cohen signed Read more
Israel announced on Sunday the opening of its embassy in the United Arab Emirates. Ambassador Eitan Na’eh, who will serve as chargé d’affaires until a permanent ambassador is appointed, arrived in capital Abu Dhabi to open the embassy. In the Read more
Saudi Arabia monarch King Salman has named former top adviser and head of Board of Directors of the Saudi Stock Exchange Tadawul, Dr Fahad bin Abdullah bin Abdullatif Al Mubarak, as the new governor of the kingdom’s central bank, reports Read more
The situation in Guerguarate is calm and normal, authorized sources said Sunday morning, adding that road traffic between Morocco and Mauritania, and beyond to sub-Saharan Africa, “is not disrupted in any way”. Despite the uneventful harassment by “Polisario” militias, the Read more