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Israel will restore ties with Turkey only after Ankara closes Hamas office in the city of Istanbul, an Israeli official has said according to media reports. “[President Recep Tayyip] Erdogan would be happy to return our ambassador to Ankara, but Read more
Saudi venture capital firm, KBW Ventures, has participated in the financing of $60 million debt of US cellular seafood firm BlueNalu, the company said Wednesday. The investment came during the Series A funding round of BlueNalu. KBW Ventures is owned Read more
Shell has set up in Oman a 25 megawatt solar plant, the first of the energy giant in the Gulf country and the Middle East, Trade Arabia reports. Named Qabas solar plant, the station is located on a 50-hectare site Read more
The United Arab Emirates has put on hold the visa free agreement with Israel until July 1 in a move to curb Covid-19 contaminations, Zawya reports. The Gulf country’s foreign and international cooperation ministries have updated the travel requirements for Read more
Egypt has signed up for $200-million loan from the World Bank earmarked for the implementation of an air pollution project. The financing, according to Environment Minister Yasmine Fawad, will support the ministry with accurate air quality monitoring devices to complement Read more
Kuwaiti Coastguards nabbed Saturday 10 Iranians who entered the Gulf country illegally reports say. A Kuwait man saw nine of the men jumping out of a ship in the Mina Abdullah area, South of Kuwait and alerted authorities. The security Read more
Iraq has given a set of construction projects valued at $20 billion to a consortium of Chinese companies, reports say citing an Iraqi official. “The projects include the construction of a power station and a factory for floors and porcelain Read more
The White House announced Friday the designation of both the United Arab Emirates and the Kingdom of Bahrain as “Major Security Partners” of the United States. The designation of the two countries as Major Security Partners “recognizes our exceptional Read more
President Donald Trump awarded the Legion of Merit, Degree Chief Commander, to King Mohammed VI of Morocco in recognition of his positive impact on the political landscape of the Middle East and North Africa, and his enduring leadership to advance Read more
U.S. President Donald Trump on Friday received Morocco’s highest award for his work in advancing a normalization deal between Israel and Morocco, a senior administration official told Reuters. In a private Oval Office ceremony, Princess Lalla Joumala Alaoui, who is Read more