Leading News Source For Middle East
Starvation is threatening some 16 million people in war-torn Yemen as food rations will be cut in October amid lack of funding, the head of the UN World food program warned. David Beasley said Wednesday at a high-level meeting Read more
US President Joe Biden backed the two-state solution during his speech at the 76th UN General Assembly, insisting that a sovereign and democratic Palestinian state is the “best way” to ensure the Jewish state’s future. “We must seek a future Read more
Qatar, host of next year FIFA World Cup, has requested that all players listed for the tournament must be fully vaccinated against COVID-19, reports say. The decision follows a previous directive by the Gulf country indicating that anyone willing to Read more
Egypt will welcome in 2023 the annual meeting of the board of governors of the African Development Bank (AfDB) following approval by the Abidjan-based bank of a request by the Arab country. The board unanimously rubber-stamped Egypt’s request Wednesday, during Read more
Red Sea Development Company (RSDC), the Saudi developer of the Red Sea project unveiled plans to build 17 hotels on four Islands the kingdom is creating on the Red Sa, local Arabic daily Aleqtisadia reports. Mohammed Al-Rihawi, facilities manager at Read more
Kuwait-based investor International Financial Advisors Holding (IFA) will invest AED 37.69 million ($10.26 million) in a branch of smart hotel brand Yotel in Dubai’s Palm Jumeirah, Zawya reports. The investment will provide IFA, 10.5 per cent of the hotel brand. Read more
The Libyan Government of National Unity (GNU) led by Prime Minister Abdul Hamid Mohammed Dbeibah lost Tuesday the vote of confidence of the east-based House of Representative (HoR), few months after assuming power. 89 votes out of the 113 members Read more
French Foreign Minister Jean-Yves Le Drian has celebrated progress in diplomacy in the Middle East and promised that France will continue to take an active role in ensuring the region remains stable. In a wide-ranging press conference held on Monday, Read more
French global sport brand Paris Saint-Germain (PSG) football club, owned by Qatar, will play a friendly in the Saudi capital of Riyadh in January next year against a local selection, in a major sign of reconciliation between the two Gulf Read more
Five Egyptian state-run companies will be listed during the fiscal year (FY) 2021/2022, on the country’s stock exchange, Egyptian Exchange (EGX). Finance Minister Mohamed Maait speaking to CNBC Arabia said the companies include e-Finance, Banque du Caire, and Ghazl El Read more