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Oman ruler, sultan Haitham Bin Tarik, has ordered the country’s financial institutions to provide interest-free loans to Small and Medium Size companies as well as individual entrepreneurs whose businesses have been affected by the covid-19 pandemic. The program according to Read more
Dubai’s largest bank Emirates NBD Tuesday laid off 800 employees as the institution launches adjustment plan to navigate impacts of the covid-19 pandemic. A spokesperson for the bank told The Khaleej Times the decision comes as result of the impacts Read more
One month after issuing a draft resolution, the European Union has removed Tunisia from its list of countries that pose threats to the financial system over money laundering and terrorism financing because of lack of legislation at home. The European Read more
Egypt Thursday said foreign tourists can return to main seaside resorts from July 1 as the North African country tries to relaunch the sector significantly affected by the covid-19 pandemic. International flights will resume to southern Sinai, where the resorts Read more
The Algeria President Tuesday renamed the Algerian army’s headquarters after late Chief of State Gen. Ahmed Gaïd Salah who forced former leader Abdelaziz Bouteflika to step down in April last year and led the country until the presidential election in Read more
Six people were killed on Wednesday in a gunfire battle that opposed two families in the southern part of Saudi Arabia. “Security authorities received a report of shooting between a number of people in Al-Amoah province,” the official SPA news Read more
The wife of Qatari royal Sheikh Talal Al Thani held in prison for seven year, has called for the release of her husband amid covid-19 pandemic spread in the Gulf country. Asma Rayyam said her husband been unjustly and without Read more
Saudi Arabia’s Agricultural and Livestock Investment Company, Salic, has acquired 29.81 per cent of Daawat Foods Ltd (DFL) from the India Agri Business Fund. The acquisition is in line with the Saudi investment company’s strategy to invest in rice, the Read more
The Palestinian Authority (PA) in the West Bank has declined tons of medical aid provided by UAE to help fight covid-19, arguing it was not informed about the shipment that was sent through Israel, The New Arab reports. PA health Read more
The family of prominent Saudi journalist Jamal Khashoggi killed in the kingdom’s consulate in Istanbul in 2018 said they have forgiven murderers of their father, Anadolu News agency reports. “On this blessed night of the blessed month (of #Ramadan), we Read more