International outcry at Israeli raid on al-Aqsa mosque

Several countries, including Morocco, Saudi Arabia, the UAE, the United States, and international organizations including the United Nations, the Organization of Islamic Cooperation, the Arab League, the European Union and the Gulf Cooperation Council have denounced the raid conducted by Read more

Dubai-based car rental tech platform Selfdrive expands to Qatar, Bahrain

Car rental tech platform Selfdrive, based in Dubai, is expanding to Qatar and Bahrain as part of its growth plans, reports say. The company said it expects to acquire as much as 65% of the digital rental market share in Read more

Oman’s insurer NLGIC to acquire RSA Middle East

Gulf insurer National Life and General Insurance Company (NLGIC), a subsidiary of investment holding firm Oman International Development and Investment Company (Omnivest), has signed deals to fully acquire Royal & Sun Alliance Insurance Middle East, Zawya reports, citing a disclosure. Read more

Kuwaiti firm agility acquires Britain’s Menzies to set up world’s airport services company

Agility, a Kuwait firm, has acquired Britain’s John Menzies for nearly $750 million, in a move to set up the world’s largest airport services, reports say. Agility currently holds a 19% stake in Menzies. Per the deal agreed, Menzies shareholders Read more

Saudi-led coalition in Yemen to halt intervention in Yemen March 30

The Saudi-led coalition battling Iran-supported Houthi rebels said Tuesday it would cease military operations in Yemen today March 30 to help peace efforts by the UN and Gulf Cooperation Council (GCC). This, Arab News reports citing the coalition, comes in Read more

Morocco’s King condemns attacks on Saudi oil facilities as subversive and terrorist acts

King Mohammed VI of Morocco has vehemently condemned the repeated attacks on Saudi oil storage facilities as subversive and terrorist acts against vital and civilian facilities in Saudi Arabia. This came in a message of solidarity king Mohammed VI addressed Read more