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Egypt will begin exporting from October this year up to 3,000 MW/h of electricity to Cyprus and Greece, the Arab republic’s electricity ministry said in a statement. The department headed by Mohamed Shaker, did provide details on revenues that the Read more
Saudi real estate firm Bunyan United Company has appointed BMG Financial Group as its advisor for its upcoming listing on Nomu, a parallel market in the Saudi stock exchange, reports say. The initial public offering, (IPO), the Jeddah-based bank has Read more
American alternative investment management company, Blackstone, is in advanced talks to acquire Dubai-headquartered VFS Global, the world’s largest visa outsourcing company, for $1-1.2 billion, reports say. Both sides, Zawya notes citing India’s Economic Times website, have completed the due diligence Read more
Tunisia has been selected to host the 2024 Organic World Congress, an event organized every three years by the International Federation of Organic Agriculture Movements (IFOAM), the state-run news agency TAP reports. Tunisia garnered a total of 60 votes, or Read more
The European Bank for Reconstruction and Development (EBRD) has granted Egypt a loan worth €25 million for financing the country’s first dry port in the city of 6th of October, reports say. The financial facility will cover the design, development, Read more
The leader of the terrorist group Islamic State in the Greater Sahara (ISGS) and polisario mercenary, Adnan Abu Walid al-Sahrawi, was killed by French forces, French President Emmanuel Macron announced on Twitter on Wednesday night stating that “This is another Read more
The Egyptian Ministry of Petroleum signed a memorandum of understanding with Japan’s Toyota Tsusho to assess the opportunities for producing blue ammonia in Egypt, Arab News reports citing Asharq. The ministry in the statement said economic facilities studies and the Read more
The kingdom of Saudi Arabia will manufacture COVID-19 vaccines, a result of agreements expected inked between the Gulf Arab country and international pharmaceutical companies, among them AstraZeneca and Pfizer, reports say. Memorandums of understanding will be signed in the field Read more
De Mistura’s appointment, as personal envoy to Western Sahara, is set to be announced in the coming hours, following the approval of the Security Council’s members. UN Secretary General Antonio Guterres initiated negotiations with Security Council members for the appointment Read more
The office of Tunisian President Kais Saied announced Monday the dismissal of Sihem Ayadi, the country’s caretaker minister of Youth Affairs, Sport and Workforce Development, in continuity of the leader’s purge campaign. The office did not provide explanation for the Read more