Leading News Source For Middle East
French football top flight giants Paris Saint Germain, PSG, signed Wednesday Italian goalkeeper Gianluigi Donnarumma who the European football body UEFA named the Most Valuable Player of the EURO 2020 that ended Sunday with Italy’s victory over England. The Italian Read more
The Saudi Authority for Intellectual Property (SAIP) signed Monday a memorandum of cooperation with the French National Institute of Industrial Property (INPI), the kingdom’s state news agency SPA reports. The deal is meant to strengthen and develop a general framework Read more
Commercial Bank of Qatar has given up on plans to raise stakes in National Bank of Oman (NBO) to controlling shares after investors pushed back against what would have been a rare cross-border tie-up in the Gulf, Bloomberg reports. Commercial Read more
The UAE has launched several infrastructure projects worth $272 million to connect cities and shorten distances across the Emirates, Zawya reports citing Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Read more
Oman’s ruler Sultan Haitham bin Tariq Al Said landed Sunday in Saudi Arabia for his first trip abroad since ascending to the throne last year, as both countries beef up their economic ties. The Omani ruler held talks with King Read more
Qatar Sunday said it set up a committee to oversee its first legislative elections scheduled in October, Reuters reports. Prime Minister Sheikh Khalid bin Khalifa Al-Thani who also heads the ministry of interior said Sunday the committee will be overseen Read more
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