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Saudi-based dairy giant Almarai is looking to enter the seafood market with an investment of $67 million (SR252 million). The investment will be used to fund Almarai’s seafood processing facility, the company said in a statement to the Saudi bourse. 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
The United Arab Emirates has been ranked as the best country in the Arab World in terms of attraction of Foreign direct investment (FDI) for 2021, according to the World Investment Report 2022, released recently by the United Nations Conference Read more
Qatar and Iran inked a memorandum of understanding (MoU) to launch a joint trade council aiming at boosting trade between the two countries. The document, according to Tasnim News agency, was signed by Sheikh Khalifa bin Jassim Al-Thani, chairman of Read more
Morocco plans to send thousands of its own security personnel to help Qatar ensure a secure organization of 2022 World Cup, a move that reflects the closer ties between the two monarchies as well as Morocco’s expertise in organizing international Read more
Anti-Semitism is a belief present at the core of Algeria and is deeply-rooted in the very foundations of the country. This truth has been recently analyzed by Lela Gilbert, a Fellow at Hudson Institute’s Center for Religious Freedom, in a Read more
Dubai-quartered Al Futtaim Group plans to invest up to $1 billion in the most populated Arab country, Egypt, over next three years. Dubai-based Al-Futtaim Group said it is eyeing investments in Egypt worth $700 million to $1 billion over the Read more
Bahrain and Oman inked Tuesday a parliamentary cooperation agreement to strengthen relations between the two countries, Zawya reports. Parliament Speaker Fouzia Zainal and Oman’s Shura Council chairman Shaikh Khalid bin Hilal Al Mawali signed the memorandum of cooperation. The deal Read more
Oman’s Ministry of Housing and Urban Planning has signed 23 land development (usufruct) agreements worth RO37 million ($95.8 million) with several private sector companies, reports say. The projects spread across various sectors, including business, sports, education, rehabilitation, agriculture, health and Read more
Qatar has signed a new Strategic Investment Partnership for the injection of $12.5 billion in the United Kingdom in areas including fintech, life sciences, and cyber security. The agreement came during the visit of Sheikh Tamim bin Hamad Al-Thani to Read more