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A European consortium which includes the alliance of Eurojet Germany, Conchepe Italy and Habag Lloyd for International Shipping Lines agreed with Egyptian authorities to inject $500 million in the development of “Tahya Misr 1”; the second terminal at Damietta Port. Read more
A female Palestinian journalist working for Qatar-based Al Jazeera network was shot dead early Wednesday as she was covering Israeli forces’ military operation in Jenin refugee camp in occupied West bank, the Doha-based media said in a statement. “In a Read more
The UAE Monday announced a $4.2 billion Investment Initiative to facilitate investments in the Greek economy across a wide range of sectors, reports say. This came as part of several other agreements signed between the two countries as Prime Minister Read more
The Islamic state group cell in Egypt claimed Sunday the lethal attack which killed 11 soldiers late last week, at a water pumping station east of the Suez Canal in the town of Qantara in the province of Ismailia. The Read more
The Qatari Planning and Statistics Authority revealed Wednesday that the Gulf country’s population has shrunk by nearly 2 per cent on a monthly basis since March, Doha News reports. The agency on its Twitter account indicated that the country’s population Read more
Abu Dhabi Ports Group and Egypt’s Red Sea Ports Authority have signed a term sheet and a head of terms agreement for the development of major port projects along Egypt’s coast, Zawya reports. Per the first deal, AD Ports Group Read more
The virtual platform “MeetsMeta” will launch the first virtual city in the UAE to simulate reality through Non-Fungible Tokens (NFTs) and offer users a virtual experience, Mubasher reports. “The UAE provides an ideal environment for launching MeetsMeta in the region. Read more
Qatar has taken delivery of 130 electric buses representing the last batch of 741 units ordered by the Gulf state for the World Cup 2022 and beyond, Doha News reported. The vehicles arrived this week at Hamad Port. Qatar, host Read more
Dubai-listed logistics and courier giant Aramex has announced it will raise the company’s foreign ownership limit from 49 percent to 100 percent as it embarks on the next stage of its growth and expansion strategy, Zawya reports. The decision came Read more
Kuwait has removed the requirement for PCR test or proof of vaccination before entering the country for visitors, state news agency KUNA has revealed. The Gulf country has eased COVID-19 restrictions. As part of the measures, the Arab country also Read more