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Dubai-quartered Al Futtaim Group plans to invest up to $1 billion in the most populated Arab country, Egypt, over next three years. Dubai-based Al-Futtaim Group said it is eyeing investments in Egypt worth $700 million to $1 billion over the Read more
Newly elected reformist MPs said they would not compromise in their efforts to change the way Lebanon is run. The parliament has re-elected Nabih Berri for a seventh term as Speaker of Parliament, during the first parliamentary session held since Read more
The United Nations has changed the Republic of Turkey’s country name at the organization from “Turkey” to “Türkiye”, following a request from Ankara for the change. UN spokesman Stephane Dujarric said that a letter had been received on Wednesday from Read more
UAE-based Gulf Islamic Investments (GII) has taken full control of Anglo-Gulf Trade Bank (AGTB) from Abu Dhabi’s sovereign wealth fund Mubadala, Zawya reports. The value of the operation has not been revealed. AGTB is a Category 1 digital bank licensed Read more
Bahrain and Oman inked Tuesday a parliamentary cooperation agreement to strengthen relations between the two countries, Zawya reports. Parliament Speaker Fouzia Zainal and Oman’s Shura Council chairman Shaikh Khalid bin Hilal Al Mawali signed the memorandum of cooperation. The deal Read more
The Saudi tourism ministry signed today Tuesday a Memorandum of understanding (MoU) with the Ministry of Foreign Affairs and Tourism of Seychelles to boost cooperation and exchange expertise between the two sides, reports say. The agreement aims at supporting and Read more
Abu Dhabi state holding firm ADQ will invest $10 billion in projects with Egypt and Jordan, the UAE’s state-run news agency WAM reported Sunday. The agency did not say sectors where the investments will go in but Egypt’s public news Read more
Oman’s Ministry of Housing and Urban Planning has signed 23 land development (usufruct) agreements worth RO37 million ($95.8 million) with several private sector companies, reports say. The projects spread across various sectors, including business, sports, education, rehabilitation, agriculture, health and Read more
The international support to Morocco’s sovereignty over its Sahara is gaining momentum by the day. The latest token of this wave came from the Republic of Suriname which has reaffirmed unwavering support to Morocco’s sovereignty and territorial integrity by the Read more
Qatar has signed a new Strategic Investment Partnership for the injection of $12.5 billion in the United Kingdom in areas including fintech, life sciences, and cyber security. The agreement came during the visit of Sheikh Tamim bin Hamad Al-Thani to Read more