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Egyptian Minister of Military Production Mohamed Ahmed Morsi and the president of the Saudi General Organization for Military Industries Mohammed bin Hamad Al-Mady discussed Monday the possibility of exchanging experiences and manufacturing technology, Arab News reports. They met on the Read more
UAE Monday decided to raise investments in pharmaceutical industry by 20% as the Gulf country aims at producing more good quality medicines locally and draw more investments into the sector, reports say. “Today, I chaired a cabinet meeting at Expo Read more
Egypt and Jordan Sunday agreed to double the capacity of their joint power interconnection to 1,000 megawatts, reports say. The Jordanian energy minister Saleh Kharabsheh reached the deal with Egypt’s minister of electricity Mohamed Shaker in the kingdom. The agreement Read more
The Tripoli Court of Appeal on Sunday declared admissible two appeals challenging the candidacy of the head of the Libyan interim government Abdelhamid Dbeibah in the presidential election. These appeals were filed by candidates for the December 24 election. Among Read more
The Arab Fund for Social and Economic Development (AFESD) is expected to sign an agreement with one of the Egyptian banks to finance SMEs with $30 million, Arab Finance reports. The future new funding comes on top of the ongoing Read more
The Abu Dhabi National Exhibitions Company (ADNEC), a subsidiary of state holding company ADQ, has acquired Etihad Holidays, the destination and leisure management arm of Etihad Airways, Zawya reports. The transaction, ADNEC is a statement said, will expand its footprints Read more
King Hamad of Bahrain has handed an invitation letter to Pope Francis to visit the Gulf country, Arab News reports citing the State news agency of kingdom, BNA. The invitation, Saudi media notes, was delivered by Sheikh Khalid bin Ahmed Read more
The General Confederation of Moroccan Enterprises (CGEM) will organize an economic mission to Tel Aviv, December 12-15, on the sidelines of the launch by RAM of the new air route connecting Casablanca to Tel Aviv. The Moroccan delegation, which will Read more
Libya’s electoral body, High National Elections Commission (HNEC), has invalidated the candidacy of Saif al Islam Gaddafi, the son of former leader Muammar Gaddafi, for failing to meet requirements. The HNEC published Wednesday list of 75 candidates vetted for the Read more
The Central Bank of the Republic of Turkey (CBRT) and the Central Bank of the United Arab Emirates (UAE) signed cooperation agreement between the two institutions on the sidelines of Abu Dhabi Crown Prince Mohammed bin Zayed’s visit to Ankara Read more