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Morocco reaffirmed its willingness to negotiate a UN solution to the Sahara conflict on the basis of the autonomy platform provided Algeria takes part in round tables as a party. This came in a foreign ministry statement issued following talks Read more
The German government Wednesday announced its forces in Iraq will stay in the Middle East country until October at the request of the Iraqi counterpart, reports say. The forces, 500, will remain in Iraq until the end of October, to Read more
The United Nations have suspended the right to vote of eight countries including Iran over unpaid dues, reports say. The UN Chief, Antonio Guterres in a letter to the General Assembly, said 11 countries are behind in their payments, Arab Read more
The Kingdom of Saudi Arabia and Tunisia signed Wednesday a memorandum of understanding in the field of renewable energies with the aim of boosting their cooperation, Webdo Tunis reports. Inked by Saudi energy minister Prince Abdulaziz bin Salman Al Saud Read more
Oman will stage its first Initial Public Offering (IPO) in three years with Barka Desalination Company (BDC), owner of Oman’s largest operating water desalination plant Barka IWP getting ready to sell 40 per cent of its shares. The 40 per Read more
Tourism Development Fund (TDF), Saudi Arabia’s fund for tourism development, has agreed with investment solutions firm Derayah Financial to establish a SR100 million ($26 million) private close-ended equity fund – first private equity fund focused on tourism, reports say. The Read more
Tunisian security forces said Tuesday they have launched a probe into the seizure of more than 600 kilograms of cocaine by the Ecuadorian police during a search into a container supposed to carry banana shipments to the North African country. Read more
Saudi Arabia provided Tunisia $200 million in form of credit line to finance the import of Saudi oil byproducts, Tunisian Economy ministry has said. The North African country is grappling with difficult economic situation compounded by the ongoing pandemic that Read more
Gulf Marketing Group, best known as GMG, has availed plans to open 100 stores across Egypt by 2026, as part of its expansion plans in the North African market. The expansion will be carried out within the next five years Read more
Lebanon and Iraq on Sunday signed a Memorandum of Understanding (MoU) aimed at strengthening ties in the economic, industrial, scientific, environmental and technological fields, according to a statement released by Lebanon’s Industry Ministry. “The MoU also intends to improve business Read more