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The UAE Monday announced a $4.2 billion Investment Initiative to facilitate investments in the Greek economy across a wide range of sectors, reports say. This came as part of several other agreements signed between the two countries as Prime Minister Read more
Saudi Arabia unveiled Monday Paris Saint Germain (PSG) and Argentina football superstar as its new tourism ambassador. The 34-year old icon arrived at King Abdulaziz International Airport in Jeddah accompanied by a group of friends in his new role for Read more
The European Bank for Reconstruction and Development (EBRD) is expected to provide a senior unsecured debt facility of $20 million to the Commercial International Bank Egypt (CIB) (COMI) to support private small- and medium-sized enterprises (SMEs) led by women, Arab Read more
The Islamic state group cell in Egypt claimed Sunday the lethal attack which killed 11 soldiers late last week, at a water pumping station east of the Suez Canal in the town of Qantara in the province of Ismailia. The Read more
The number of Syrian children in need of humanitarian aid has reached a record high in 11 years of war. There are more than 12.3 million Syrian children in this situation and funding has dropped by half, the UN warned Read more
The United Nations Children’s Fund (UNICEF) on Sunday said it has provided humanitarian assistance to nearly 66,000 displaced Yemenis in the past six months. The assistance included “food, family basic hygiene kits and female dignity kits,” a UNICEF statement said Read more
Two new Omicron sub-variants, whose virulence has yet to be determined, are behind the new wave of Covid-19 pandemic in South Africa, WHO said. “South African scientists who identified Omicron late last year have now reported two other Omicron sub-variants, Read more
The Qatari Planning and Statistics Authority revealed Wednesday that the Gulf country’s population has shrunk by nearly 2 per cent on a monthly basis since March, Doha News reports. The agency on its Twitter account indicated that the country’s population Read more
King Mohammed VI on Thursday launched, in Rabat, the construction works of the new Ibn Sina University Hospital, a futuristic project that will strengthen the Kingdom’s health offer with a capacity of over 1,000 beds. The project, requiring an investment Read more
The Saudi central bank increased Wednesday the interest rate by 50 basis points in a bid to control inflation, Arab News reports. The bank known as SAMA, said the move is in line with objectives of maintaining monetary and financial Read more