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Three Kuwaiti officials have been nabbed over allegations that they caused the loss of $25 million for the civil aviation industry. The officials, whose identity has not been revealed, were arrested following a complaint by the Minister of State for Read more
A group of Egyptian nationals who were stranded in Qatar amid the covid-19 pandemic have returned home after both countries, mired in a diplomatic row, agreed to coordinate the repatriation operation. A group of 174 Egyptians arrived in Egypt on Read more
Head of the Libyan House of Representation (HoR), Aguila Saleh, made an unannounced visit to Algiers, which has offered to mediate between Libyan factions. The HoR leader, based in the east, has emerged as the new leader of the Libyan Read more
Kuwait announced Wednesday non-Kuwaitis will no longer be hired in the Gulf country’s Kuwait Petroleum Corporation (KPC) and its subsidiaries for the remainder of the year till next year. Minister of Oil, Acting Minister of Electricity and Water, Khaled Al-Fadhel, Read more
UAE-based Fintech company TPAY MOBILE has acquired Payguru, a leading Turkish digital payment service provider as part of its expansion plan. The value of the transaction has not been disclosed but the Middle East’s leading Merchant Acquirer, Digital Payment Enabler, Read more
Japan Tuesday offered Tunisia €4 million earmarked for the fight against the covid-19 pandemic. The aid will also be used to bolster Tunisia’s heath sector through the identification of contagious diseases. Tunisia has so far reported 1,087 cases including 982 Read more
Dubai International Financial Centre (DIFC) has injected funds into four fintech startups, with its fintech fund. The ventures include FlexxPay, a cloud-based B2B FinTech employee benefits platform allowing instant access to earned income; and Go Rise, a start-up building a Read more
Egypt has sent military tanks and helicopters to its borders with Libya after President AbdelFattah al-Sisi backed truce between protégé Khalifa Haftar and UN-backed Government of National Accord (GNA), Defense Blog reports. The Egyptian army has mobilized 18 M1A2 Abrams Read more
Abu Dhabi state fund Mubadala Investment Co has acquired 1.85 per cent of Jio Platforms, Reliance Industries Ltd’s technology platform for an investment of $1.21 billion. The operation brings the total Jio Platforms’ shares sold to 19 per cent after Read more
Abu Dhabi-based Etihad Airways will resume flights to 20 cities across the world after Emirati authorities opened airports for commercial flights. The regular flights will connect the capital Abu Dhabi to Amsterdam, Barcelona, Brussels, Dublin, Frankfurt, Geneva, Jakarta, Karachi, Kuala Read more