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The renewed Iraqi parliament held Sunday its first session in the capital Baghdad, almost three months after legislative polls. The parliament, Anadolu news agency reported citing Iraqi state-run news agency INA, is due to elect a speaker and two deputies Read more
The Kuwaiti Sovereign Fund also known as the Kuwait Investment Authority (KIA), has remained world’s third largest sovereign funds with assets on the increase, about $45 billion, reports say. The new ranking by The International Institute for Global Sovereign Funds Read more
Turkey’s long-awaited 5th generation fighter jet also known as The National Combat Aircraft (MMU) will make its first flight in 2025, President Recep Tayyip Erdoğan announced Thursday, Daily Sabah reports. The first home-made fighter jet, according to Erdoğan , will Read more
The Iraqi government has given its approval for the Iraqi National Oil Company to acquire Exxon Mobil Corp’s stake in the giant West Qurna 1 oilfield, Oil Minister Ihsan Abdul Jabbar announced Wednesday, Zawya reports. Located in Southern Iraq, West Read more
Qatar Electricity and Water Company (QEWC), the public utility company of Gulf country, announced Wednesday its subsidiary signed an agreement to acquire 40% stake in energy investment company Nebras Power for $530 million, Reuters reports. Raslaffan Operating Company made the Read more
Turkish President Recep Tayyip Erdoğan will visit Saudi Arabia in February as Turkey works to thaw ties with Arab countries in the region. Erdogan also announced he will also discuss trade with Saudi authorities. Turkey has been pushing to end Read more
UAE’s top public prosecution will sue and investigate any who uses the internet to publish, circulate or spread false news, rumors or misleading information, contrary to the news published by official sources, reports say. Any person found guilty of publishing Read more
Energy Development Oman, the sultanate’s government-controlled energy company has appointed Mazin Rashid Lamki as CEO, Arab News reports. The company in a Tweeter statement said Rashid will assume office in the first quarter of next year. The new CEO has Read more
The Egyptian President Abdelfattah Al Sisi has authorized the ministry of Finance to provide a financial support worth about $3118 million for the national carrier, EgyptAir, to be used by the airline to fulfil external and internal financial obligations, Arab Read more
“He was an extraordinary human being. A thinker. A leader. A shepherd”: in unison with reactions from around the world, the Mandela Foundation described the loss of Desmond Tutu as “immeasurable”, for which a week of mourning is being observed, Read more