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Turkish airport operator TAV Airports has warned Tunisia’s low performing national carrier, TunisAir, to seize its accounts. A court bailiff, reports say, visited the headquarters of the cash-strapped airline Wednesday to inform of the Turkish firm decision upon failure to Read more
The US State Department approved Tuesday the sale of Rolling Airframe Missiles (RAMs) valued at $197 million to the Egyptian military pending review by the Congress, Anadolu news agency reports. The deal, the agency notes, is for the block 2 Read more
European and business complexes builder, CTP, will inject between $ 300-600 million in 5 years in Egypt, the Egypt government said a Facebook statement. Egyptian Prime Minister Mustafa Madbouli, the statement said, met with CTP founder and CEO Raymond Foss, Read more
United Arab Emirate, UAE, Sunday inaugurated the country’s first envoy to Israel, several months after both countries established diplomatic ties. Mohammad Mahmoud Al Khajah was sworn before UAE Vice President, Prime Minister and Ruler of Dubai, Sheikh Mohammed bin Rashid. Read more
Oman’s national carrier, Oman Air, has abandoned its plans to upgrade its feet and is rather contemplating a reduction to 36 down from current 50 as part of moves to curb contamination from the pandemic, Bloomberg reports. “Going to 70 Read more
52 countries around the world will send observers for Iraqi parliamentary elections slated for October, the Independent High Electoral Commission (IHEC) has confirmed, Middle East Monitor (MEMO) reports. 71 Arab and foreign countries had received invitations from IHEC for the Read more
Several countries around the world have condemned the Yemen Houthi rebel attack on Saudi airport that caused a plane to catch fire. The attack targeted Wednesday Abha’s international airport, south of the kingdom and hit a civilian jet parked on Read more
Russia, China and Iran will hold mid this month joint naval drills in the Indian Ocean, reports say citing Russian envoy to Iran. Levan Dzhagaryan, the reports notes, also indicated that the drills are set to include practicing search and Read more
Japanese engineering group Chiyoda has won a massive contract worth $13 billion to develop liquefied natural gas (LNG) plants in Qatar, Nikkei Asia reports. Chiyoda won the contract with French peer Technip. The plants are due for completion from 2025 Read more
Al Ahli Bank of Kuwait (ABK) has appointed from deputy CEO of the National Bank of Kuwait as the CEO in the UAE. “We are very pleased to welcome Omar to ABK. He has an excellent track record of strong Read more