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The Egyptian government has signed an agreement with France for manufacturing and supply of 55 air-conditioned rail carriages for the First Line of Cairo Metro for €776.9 million, the Arab country said in a statement according to Arab Finance. Alstom Read more
Raghavan Seetharaman, the veteran CEO of Doha Bank has resigned after 15 years of service at one of the biggest commercial banks in Qatar, Zawya reports. It is unclear why the Indian man has resigned as the bank did not Read more
King Mohammed VI of Morocco has vehemently condemned the repeated attacks on Saudi oil storage facilities as subversive and terrorist acts against vital and civilian facilities in Saudi Arabia. This came in a message of solidarity king Mohammed VI addressed Read more
Special Envoy of the Chinese Government on the Middle East, Zhai Jun, paid a visit to Morocco where he conferred with Foreign Minister Nasser Bourita on Friday. In a statement to the press following the meeting, Jun said that Read more
The Kuwait Fund for Arab Economic Development has signed a loan agreement with GCC Interconnection Authority (GCCIA) for 35 million dinars ($115 million), Zawya reports citing Kuwaiti state agency, KUNA. The purpose of the loan has been revealed however GCCIA Read more
Saudi Arabia’s Justice Minister and chairman of the Saudi Bar Association (SBA) Dr. Walid Al-Samaani has issued an order appointing five members, including a woman, to the third session of the board of directors of the association, for the first Read more
Egypt and Vicat Group, a French cement producer, have reached a final settlement with the Egyptian government over an investment in an effort by the Arab country to attract more foreign direct investments. The agreement was signed by Minister of Read more
UAE-based Oman Insurance has acquired the life insurance portfolio of Italian insurer Assicurazioni Generali in the UAE, Zawya reports. Oman Insurance said in a statement on Monday said it landed the acquisition of Assicurazioni Generali in the Gulf country adding Read more
Spain said, as part of a new era in bilateral ties, it is committed to respecting Morocco’s “sovereignty and territorial integrity,” and described Morocco’s autonomy plan for the Sahara as the most serious, realistic and credible solution for the Sahara Read more
Several human rights NGOs and civil society activists have renewed their condemnation of the continued use of children as child soldiers by the Polisario and denounced Algeria as responsible for the human rights violations affecting children under the separatist militias Read more