Leading News Source For Middle East
Saudi Arabia’s Industrialization and Energy Services Co., known as TAQA, on Monday announced the acquisition of Tendeka, a UK-based engineering and manufacturing company, Arab News reports. “We continue to realize TAQA 2021 strategy to expand well services offering and become Read more
Syria’s government says it “supports” Russian President Vladimir Putin’s decision to recognise two Moscow-backed separatist-held regions in eastern Ukraine as independent. Foreign Minister Faisal Mekdad says Syrian government ‘will cooperate’ with the two Moscow-backed separatist-held regions. In comments carried by Read more
Israeli Minister of Economy and Industry, Orna Barbivai, who arrived in Morocco Sunday for a three-day visit held, this Monday, February 21 in Rabat, a meeting with Minister of Industry and Trade Ryad Mezzour that highlighted by the signing of Read more
Cairo-based investment bank EFG Hermes has appointed Goldman Sachs to advise on First Abu Dhabi Bank’s (FAB) offer to acquire a majority stake, the bank has said in a statement. The board of Egypt’s largest investment bank also said it Read more
A warplane of the Iranian army crashed Monday in the northwestern city of Tabriz killing three people including its two pilots, state television has reported. The tragedy occurred after the jet hit the ground near a school, which was closed Read more
Kuwait Airways has increased the number of planes it plans to purchase from Airbus to 31 from 28, the chairman of the company told, Zawya reports. Ma’an Razoq told a news conference in Kuwait City the order includes nine Airbus Read more
Morocco’s efforts in the fight against extremism and the promotion of the values of tolerance were highlighted during a Euro-Mediterranean forum on the fight against extremism, held in Amman. The Moroccan delegation participating in this event shed light on the Read more
In a speech addressed to the 6th European Union-African Union Summit, which opened its work on Thursday in Brussels, King Mohammed VI of Morocco outlined the pillars of the AU-EU partnership approach and the forward-looking objectives that need to be Read more
Egypt is planning to install 5,000 communication towers with $318 million in investments, Communication minister Amr Talaat has told Al Arabiya.net in an interview, Arab Finance reports. The project will take five years for completion and will be implemented in Read more
Saudi Arabia’s Al Jouf Agricultural Development Company (JADCO) has obtained a loan worth 186 million riyals ($49.6 million) to set up a French fries factory in the Gulf country, Zawya reports. JADCO got the loan from the Agricultural Development Fund Read more