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Bank Hapoalim, Israel’s largest bank, is expecting to sign several deals with UAE’s lenders in a significant signal of cooperation between Israel and the Gulf country following their August agreements, Time of Israel reports. Dov Kotler, CEO of the Hapoalim, Read more
Turkey has called the U.S stop blacklisting “democratic” Palestinian movement Hamas for the sake of peace in the Middle East. “Declaring the legitimate representative of Hamas, who came to power after winning democratic elections in Gaza and is an important Read more
German online food delivery giant Delivery Hero has announced the acquisition of Dubai-based grocery delivery platform InstaShop in a deal valued at $360 million. NiklasÖstberg, CEO and Co-Founder of Delivery Hero in a statement indicated that the deal will spur Read more
The US State Department has rapped Turkey after President Tayyip Erdogan hosted recently leaders of Hamas, Palestinian resistance movement on US backlist of terror organizations. “President Erdogan’s continued outreach to this terrorist organization only serves to isolate Turkey from the Read more
The U.S-led coalition in Iraq Sunday handed over to the army of the Middle East country the Taji military base outside capital Baghdad amid pledge by President Donald Trump to pull out international forces within three years. Taji military facility, Read more
Iran Sunday will export weapons as soon as the UN lifts the embargo following the rejection of US draft for a prolongation, Anadolu News agency reports. “Iran will export and sell weapons” once the UN-mandated embargo is lifted, Defense Minister Read more
Dubai’s largest bank, Emirates NBD is in early talks with Lebanon’s BLOM Bank which is looking to sell its Egypt-based subsidiary BLOM Bank Egypt. The deal is not certain, the Dubai-based bank said though both sides are still continuing the Read more
Turkey’s Istanbul airport has received world first health accreditation underlining the global airports’ observance of the health protocols. The award, given by the Airports Council International (ACI), works with airports by assessing new measures and procedures introduced as a result Read more
The Japan Bank for International Cooperation (JBIC) and Mizuho Bank have signed a syndicated bank facility worth $330 million to fund the construction of Qatar’s first mega solar power plant, Japan Times reports. “This loan is expected to contribute to Read more
China’s aviation regulator said Wednesday it would suspend Etihad Airways from operating its Abu Dhabi- Shanghai flight for a week due covdi-19 contaminations. The decision will be reinforced from August 17, Zaywa reports. China is alarmed by a high number Read more