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Stories written by jaberali

Libya: A permanent ceasefire agreement signed between Khalifa Haftar’s camp and Tripoli-based Government in Geneva

The United Nations announced on Friday, October 23, a comprehensive and permanent ceasefire in Libya between Khalifa Haftar’s camp in Benghazi and that of the Tripoli-based Government of National Unity. The belligerents signed an agreement after five days of talks in Geneva. Since the Berlin conference in January 2020, three commissions have been negotiating their […]

October 26th, 2020 | Posted in Headlines,World News | Read More »

Sberbank, Russia’s largest bank to open shop in UAE before end of 2020

Russia’s largest commercial bank will start operating in Abu Dhabi, UAE, under Sber Investment Middle East (SIME), by end of this year and will chiefly provide Islamic finance services, Zawya reports. The move follows late September agreement with Abu Dhabi sovereign investor Mubadala Investment Company to “tap the potential of mutually beneficial opportunities”, the media […]

October 23rd, 2020 | Posted in Finance,Headlines | Read More »

Libyan conflict: Morocco stresses primacy of Skhirate Agreement

The Skhirate agreement remains the only document of reference for the resolution of the Libyan crisis, said Wednesday in Rabat Chairman of the Libyan High Council of State, Khaled Al Mechri. It is a constitutional document since it forms part of the constitutional declaration in Libya, Al Mechri told reporters following talks with Minister of […]

October 22nd, 2020 | Posted in Headlines,World News | Read More »

Iraq awards Alstom-led consortium Baghdad metro project

French rail transport and sustainable mobility giant Alstom in partnership with Hyundai Engineering will build the Iraqi capital Bagdad metro project known as Baghdad Elevated Train (BET) project, Trade Arabia reports. The duo landed the contact during the official visit of Iraqi Prime Minister Mustafa Al Kadhimi to Paris on Tuesday. The consortium, ExpoLink will […]

October 21st, 2020 | Posted in Headlines,World News | Read More »

Singapore-based TurtleTree Labs wins world’s biggest pitch competition in Saudi Arabia

TurtleTree Labs, a biotech start-up based in Singapore has won the top prize of the Entrepreneurship World Cup 2020, organized in the Saudi capital of Riyadh, Zawya reports. TurtleTree Labs bagged $500,000 for the win. The milk-startup is the world’s first to create milk sustainably using animal cell-based technology. The latest prize is the second […]

October 20th, 2020 | Posted in Gulf News,Headlines | Read More »

Turkey nabs Palestinians suspected for spying for UAE

Turkish intelligence services have arrested a Palestinian man for allegedly spying on Arab nationals living in Turkey on behalf of the UAE, Middle East Monitor (MEMO) reports. The man, according to a senior Turkish security official who spoke on condition of anonymity on Friday, confessed to spying on Arab citizens and provided a set of […]

October 19th, 2020 | Posted in Headlines,World News | Read More »

Egypt tones down criticism of Turkey as both address division

Egypt has instructed its media to water down criticism of Turkey at time both are engaged in secret talks to iron out conflicting files including Libya, reports say. A source in Egyptian state TV who asked not to be named, Middle East Monitor (MEMO) reports, told New Khaleej that authorities gave the new instructions as […]

October 15th, 2020 | Posted in Headlines,World News | Read More »

Tunisian Prime Minister receives backlash for dismissing Kasserine governor

A group of covid-19 patients and several unions have slammed the dismissal of Kasserine governor by Prime Minister Hichem Mechichi after the death of a man killed in the demolition of an unlicensed shop in the small town of Sbeitla. Mechichi Tuesday dismissed Governor Mohamed Samcha and several security local officials after the death of […]

October 14th, 2020 | Posted in Headlines,World News | Read More »

Kuwait hands three alleged Muslim Brotherhood members over to Egypt

Kuwait has handed over to Egypt three Egyptian residents allegedly members of Muslim Brotherhood, an organization designated criminal in the North African Arab country. The three men, reports say, had been detained and had been charged for “launching an intense campaign among Egyptians [in Kuwait] to get them to violate public order and protest against […]

October 13th, 2020 | Posted in Headlines,World News | Read More »

Egypt-based NowPay start-up raises $2.1m to deepen footprint in Mena region

Nowpay, a start-up based in Cairo and which provides a financial-wellness platform for employees in emerging markets, has raised $2.1 million to deepen its presence in the Middle East and North Africa Region and increase the capabilities of its platform. The Fin-tech start up in a statement said the investors emanates from the U.S, UAE, […]

October 12th, 2020 | Posted in Finance,Headlines | Read More »