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The Kuwait Interior ministry Tuesday announced the suspension of tourist and family visas until further notice in view of preparing a new mechanism with regulations to organize for visa procedures, reports say. “The move aims to prepare a new mechanism Read more
The World Bank’s Board of Executive Directors yesterday approved a $500 million loan to bolster Egypt’s efforts to ensure that poor and vulnerable households have uninterrupted access to bread, to strengthen Egypt’s resilience to food crises and to support reforms Read more
The Ministry of Human Resources and Social Development (MHRSD) signed two agreements with Sierra Leone in the field of recruitment of public and domestic workers, reports say. The agreements aim to set a regulatory framework for all necessary procedures for Read more
Egypt is currently negotiating with Qatar on new investments ranging between $2bn-3bn, Minister of Finance Mohamed Maait announced on Monday, Zawya reports. Maait did not provide details but the announcement comes after Qatar’s ruler Sheikh Tamim al Thani visited Egypt Read more
Kuwait’s Jazeera Airways has secured temporary cash facilities from local banks amounting to 27 million dinars ($88 million) to be used to buy property and equipment and in capital expenses, Zawya reports, citing a statement from the airline. The new Read more
W Solar Investment, a subsidiary of UAE’s Alpha Dhabi, signed Monday a memorandum of understanding with the General Electricity Company of Libya (GECOL) to develop a long-term partnership in Libya’s renewable energy sector, Zawya reports. Under the agreement, the investment Read more
India has offered to set up production facilities for manufacturing light combat aircraft (LCA) as well as helicopters in Egypt as the Egyptian army contemplates placing orders. Sources who asked not to be named, told The Economic Times, the Egyptian Read more
Qatar’s Emir Tamim bin Hamad Al Thani is set to visit Cairo on Friday, his first visit in the most populated Arab country since 2017 the year Saudi Arabia, UAE, Bahrain and Egypt cut off ties with the tiny Gulf Read more
Arab-German Chamber of Commerce and Industry signed Thursday a five-year agreement with Egypt to open a regional office in Cairo, the Egypt government said in a statement, Arab Finance reports. The deal according to the statement contributes to the creation Read more
Etihad Rail, the developer and operator of the UAE national railway network, has signed a 1.2-billion-dirham ($327 million) agreement with Spain’s CAF Group for designing, manufacturing, supplying and maintaining passenger trains, Zawya reports. Per the deal, CAF will design, manufacture, Read more