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Egyptian President Abdelfattah al-Sisi Monday praised Saudi Arabia and the UAE for supporting the Arab African country economically as it faces an acute economic hardship compounded by the Russia-Ukraine crisis, Middle East Monitor (MEMO) reports. “Saudi Arabia and the UAE Read more
QatarEnergy signed a partnership deal with TotalEnergies for the North Field East expansion of the world’s largest liquefied natural gas (LNG) project, Reuters reports. Per the deal, TotalEnergies won a stake in a $29 billion Qatar gas project. The French Read more
Egypt’s President Abdelfattah al-Sisi Monday revealed that the North Arab republic has postponed a third rise in electricity prices to mitigate burdens on citizens caused by the global economic crisis, reports say. The Egyptian leader who spoke during the inauguration Read more
Abu Dhabi’s ADQ has entered into a definitive agreement to acquire Turkish pharmaceutical company Birgi Mefar Group (BMG), Zawya reports. The Abu Dhabi Media Office broke the news on Monday but did not disclose details on the potential acquisition. The Read more
Iraq has invited bids by investors for the construction of a new industrial city in the Eastern Wasit Governorate, reports say. The 12,500-million square meter city, state-run Alsabah newspaper, will be dedicated to small and medium industries and is one Read more
Qatar has allowed Israeli football fans to enter the country for the FIFA World Cup following negotiations between the three parties as both countries have no diplomatic ties, Reuters reports citing Israeli officials. Israel’s Foreign Minister, Yair Lapid, Defense Minister, Read more
Two military personnel flying a military jet during a drill died Sunday after the aircraft crashed in the northern town of Ramtha near the border with Syria, the Jordanian army said in a statement citing a technical malfunction. The pilots Read more
Newly elected reformist MPs said they would not compromise in their efforts to change the way Lebanon is run. The parliament has re-elected Nabih Berri for a seventh term as Speaker of Parliament, during the first parliamentary session held since Read more
UAE-based Gulf Islamic Investments (GII) has taken full control of Anglo-Gulf Trade Bank (AGTB) from Abu Dhabi’s sovereign wealth fund Mubadala, Zawya reports. The value of the operation has not been revealed. AGTB is a Category 1 digital bank licensed Read more
The Saudi tourism ministry signed today Tuesday a Memorandum of understanding (MoU) with the Ministry of Foreign Affairs and Tourism of Seychelles to boost cooperation and exchange expertise between the two sides, reports say. The agreement aims at supporting and Read more