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Malta Government Investments (MGI), the Sovereign Fund of Egypt (SFE), and French public investment bank Bpifrance have signed to found the European, Middle East, and North Africa (EMENA) Sovereign Wealth Funds Foundation in Malta, the three said in a statement. Read more
The International Centre for Research on the Prevention of Child Soldiers was inaugurated Thursday in Dakhla, with the aim of contributing to the fight against the recruitment of child soldiers, through the dissemination of research to be carried out by Read more
Following the improvement of relations between Morocco and Spain and the end of the months-long diplomatic crisis between the two countries, King Mohammed VI and the Head of the Spanish government, Pedro Sanchez, had a phone talk Thursday, during which Read more
Agility, a Kuwait firm, has acquired Britain’s John Menzies for nearly $750 million, in a move to set up the world’s largest airport services, reports say. Agility currently holds a 19% stake in Menzies. Per the deal agreed, Menzies shareholders Read more
Saudi Arabia has deposited $5 billion at the Central Bank of Egypt (CBE), the kingdom’s press agency SPA has announced. As part of historical solid bonds and close cooperation relations between the Kingdom of Saudi Arabia and the Arab Republic Read more
The Morocco-U.S.-Israel tripartite agreement is a message for a sustainable and fair solution in the Middle East within the framework of the two-State solution, said Morocco’s Foreign Minister Nasser Bourita, on Tuesday in Rabat. Speaking at a joint press conference Read more
The Saudi-led coalition battling Iran-supported Houthi rebels said Tuesday it would cease military operations in Yemen today March 30 to help peace efforts by the UN and Gulf Cooperation Council (GCC). This, Arab News reports citing the coalition, comes in Read more
Qatar will invest $5 billion into the Egyptian economy in unspecified sectors, the government of the Arab republic has said a statement. Statement came following a meeting on March 29th in Cairo between the Egyptian Prime minister Mostafa Madbouli and Read more
Qatar Fund for Development and The Bill and Melinda Gates Foundation have launched a $200-million initiative to help hundreds of African farmers battle climate change, Doha News reports. Dubbed Nanmo, or “growing together” in Arabic, it was announced during the Read more
The Egyptian government has signed an agreement with France for manufacturing and supply of 55 air-conditioned rail carriages for the First Line of Cairo Metro for €776.9 million, the Arab country said in a statement according to Arab Finance. Alstom Read more