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UAE and Turkey Monday agreed 13 deals on the sideline of the Turkish President Recep Tayyip Erdogan’s official visit to bolster ties between the two countries which are now putting behind themselves several years of distrust. The deals according to Read more
A set of Kuwaiti firms have pledged to invest $90.6 million in the Eastern Province Municipality in Saudi Arabia to set up entertainment centers and a commercial mall, reports say. The investments are part of two deals signed with governor Read more
Dubai will start at the end of this year the operation of driverless, to become the first city outside the USA to operate such vehicles. Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads Read more
Yahsat Government Solutions, a satellite operator based in Abu Dhabi, has landed a $247.5 million (909.5 million dirhams) contract with the UAE government to provide enhanced services for the Gulf country’s satellite communications capabilities, Zawya reports. “The agreement augments the Read more
In Sudan, another civil society figure has been arrested: Mohammed al-Fekki was arrested by security forces on Sunday, February 13. He had been a member of the Sovereign Council that ruled the country until the October 25 coup, while two Read more
Abu Dhabi Ports Group, backed by the sovereign wealth fund ADQ, has partnered with the UAE-based conglomerate Ghassan Aboud Group to set up the region’s largest food logistics center. The future hub will be located in the Khalifa Industrial Zone Read more
Saudi Arabia’s Public Investment Fund (PIF) has agreed to invest $40.84 million in Dubai-based interior decorator Depa PLC in return for majority stakes, Zawya reports. The deal, which has already received the requisite waivers and consents from the DFSA, will Read more
Emirates Airlines has reinstituted services to Morocco following the reopening of the North African country’s airspace on February 7, after a two-month closure. The UAE’s flagship carrier is now flying to Casablanca on a daily basis. In anticipation of the Read more
At least four elements linked to the Islamic State (IS) terror group were neutralized on Thursday as they were preparing to attack armed forces in the eastern Iraqi governorate of Diyala, Diyala Police First Lieutenant Shaalan Al-Kameli announced. “Army forces Read more
The United Nations Compensation Commission (UNCC), the UN panel set up in 1991 to manage financial compensation owed by Iraq to Kuwait, has submitted its final reports Wednesday in Geneva after Iraq paid $52.4 billion reparation to the Gulf country. Read more