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Egypt Tuesday vowed to allocate $500 million for the reconstruction of Gaza, ravaged by the Israeli air power amid the ongoing new conflict. The presidential office said in a statement issued Tuesday that Egyptian construction companies will rebuild the damaged Read more
The Egyptian Transport ministry is in talks with four foreign firms to launch a new factory to manufacture metros and railway cars at Suez Canal Economic Zone (SCZone), reports say. The factory will be a joint venture between the four Read more
Egyptian Elsewedy Electric also knowns as El Sewedy Cables, which manufactures integrated cables and electric products, mulls to start operations in India after it made two acquisitions in Indonesia and Pakistan. CEO Ahmed Elsewedy told Asharq Business that the company Read more
Egypt Thursday sent to Tunisia a shipment of medical equipment valued at 12 tons to support the North African country in its efforts to fight the ongoing global pandemic. An aircraft of the Egyptian armed forced landed at El Aouina Read more
Explosives launched from a drone hit Wednesday Erbil airport, in Iraqi Kurdistan Region, targeting positions of US forces. The attack, the Kurdistan’s interior ministry said, only left material damage. The explosives (TNT) the ministry also indicated were dropped near U.S. Read more
Turkish counterterrorism forces arrested Thursday 12 people suspected of links with the Islamic State group, ISIS, state-run Anadolu news agency reports. The arrests took place during raids in 12 locations in eight districts of the metropolis Istanbul, the agency notes. Read more
Saudi Arabia will launch on March 28 “Made in Saudi”, a national policy aiming at supporting national product and services, Arab News reports. The initiative, the media notes, stems from the keenness of crown prince Mohamed bin Salman (MbS) Read more
Saudi Arabia’s national carrier, Thursday said it reached deal with several partners to fund the purchase of 73 passenger planes from Airbus and Boeing. Al Rajhi Bank, Saudi British Bank (SABB), Arab National Bank (ANB), Samba, Bank AlJazira, and Read more
Defense ministers of the North Atlantic Treaty Organization, NATO, agreed to send 3,500 soldiers to Iraq to help thwart the return of the Islamist state group (ISIS), reports say. The decision, reports Anadolu news agency, came on the second Read more
Kuwait will launch in June this year its first satellite, from the United States. The satellite will be launched on the second Vigoride demo mission onboard a SpaceX Falcon 9 rocket, Arabian Aerospace reports. The launching program is successfully undergoing Read more