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The US State Department approved Tuesday the sale of Rolling Airframe Missiles (RAMs) valued at $197 million to the Egyptian military pending review by the Congress, Anadolu news agency reports. The deal, the agency notes, is for the block 2 Read more
US-based Warner Music Group Corp (WMG) has acquired minority stakes in Rotana Music label owned by Prince Al-Waleed bin Talal for strategic positioning in the Middle East region. “We’re thrilled to be joining with Rotana, whose significant presence in the Read more
European and business complexes builder, CTP, will inject between $ 300-600 million in 5 years in Egypt, the Egypt government said a Facebook statement. Egyptian Prime Minister Mustafa Madbouli, the statement said, met with CTP founder and CEO Raymond Foss, Read more
Saudi Arabia will stop collaborating from 2024 with firms which do not have their headquarters in the Gulf country, Trade Arabia citing Saudi Press Agency (SPA). An unidentified source told the agency that the decision aims to incentivize the localization Read more
United Arab Emirate, UAE, Sunday inaugurated the country’s first envoy to Israel, several months after both countries established diplomatic ties. Mohammad Mahmoud Al Khajah was sworn before UAE Vice President, Prime Minister and Ruler of Dubai, Sheikh Mohammed bin Rashid. Read more
The gang behind the killing of activists and journalists in the city of Basra, epicenter of 2019 anti-government protests, has been arrested, Prime Minister Mustafa al-Kadhimi has announced today Monday. “The death gang that terrorized our people in Basra…fell into Read more
Oman’s national carrier, Oman Air, has abandoned its plans to upgrade its feet and is rather contemplating a reduction to 36 down from current 50 as part of moves to curb contamination from the pandemic, Bloomberg reports. “Going to 70 Read more
52 countries around the world will send observers for Iraqi parliamentary elections slated for October, the Independent High Electoral Commission (IHEC) has confirmed, Middle East Monitor (MEMO) reports. 71 Arab and foreign countries had received invitations from IHEC for the Read more
Qatar Airways Cargo Thursday said it would recommence operating services to and from Egypt, UAE and Saudi Arabia from Feb. 21. “Effective 21 February 2021, Qatar Airways Cargo will recommence cargo sales and bookings in the Kingdom of Saudi Arabia, Read more
Several countries around the world have condemned the Yemen Houthi rebel attack on Saudi airport that caused a plane to catch fire. The attack targeted Wednesday Abha’s international airport, south of the kingdom and hit a civilian jet parked on Read more