Leading News Source For Middle East
Tunisia has resumed talks with the International Monetary Fund (IMF) for a loan and expects to reach a deal by April, Finance Minister has told Reuters, Tunis Numerique reports. Sihem Nemsia, revealed that talks between two sides were suspended in Read more
Abu Dhabi’s leading developer Aldar has acquired Al Hamra Mall in Ras Al Khaimah for $111.64 million, Zawya reports. The company said in a statement it will reconfigure the 27,000 sq.m. mall, which was completed in 2009 by Ras Al Read more
Egypt and France launched Sunday for several days Amun-22, an air training program at a number of Egyptian air bases, Arab News reports. The training, according to Egyptian Military Spokesman Ghareeb Abdel Hafez Gharib, includes the implementation of theoretical and Read more
US President Joe Biden Monday announced he plans to grant the status of major non-NATO ally in the Middle East to Qatar, as he met with the ruler of the gas-rich country, Sheikh Tamim bin Hamad Al Thani. The Qatari Read more
Saudi Minister of Finance, Mohammed Bin Abdullah Al-Jadaan, held a meeting Monday in Riyadh, with visiting Moroccan Minister of Economy and Finance, Nadia Fattah Alaoui. During this meeting, the two officials discussed ways to strengthen cooperation in the financial Read more
Egypt’s Ministry of Transport is close to signing a contract with Siemens for the construction of the country’s second high-speed train, Arab Finance reports. The project, to connect 6th of October city to Aswan with a length of 925 kilometers Read more
Kuwaiti private airline Jazeera Airways has placed orders for 28 passenger jets with Airbus for a value put at $3.4 billion, reports say. The board of directors of the airline, local media Al Rai reported, citing a disclosure published on Read more
Lebanon’s Finance minister Thursday told local media that replacing the Central bank governor, Riad Salameh, today is not “wise”, Zawya reports. Youssef Khalil, speaking to broadcaster MTV, indicated that nobody proposed removing the central bank governor, but “I do not Read more
The Egyptian government is considering the privatization of state companies every month to attract private investors, Planning Minister Hala al-Said told Reuters. “We’re trying to select the right companies that can attract good institutional and good private sector (investors), and Read more
Iran Thursday overcame neighboring Iraq to become the first country from the Asian Football Confederation to qualify for the FIFA World Cup to take place later this year in Qatar. Iranian beat their rival 1-0 in capital Teheran in a Read more