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Oman is planning to pay off 512 million rials ($1.33 billion) of financing this month ahead of its due date as the sultanate benefits from higher oil prices and fiscal and governance reforms, Zawya reports citing state-run Oman News Agency. Read more
Wihdat sports club, a handball team from Jordan announced Wednesday its withdrawal from an international handball competition in the United Arab Emirates because of the participation of an Israeli team, Middle East Monitor (MEMO) reports. “Officially, the Wihdat club announces Read more
Japan has granted Tunisia $1 million to help the North African country assist vulnerable populations in three governorates gravely affected by the shortage of wheat and inflation, the Japanese mission has announced. The assistance, according to the Japanese embassy in Read more
Iran’s Revolutionary Guards arrested Wednesday several foreign diplomats including a Briton accused of spying in the Islamic republic, reports say. “The Revolutionary Guards’ intelligence service identified and arrested diplomats from foreign embassies who were spying in Iran,” Fars said, adding Read more
The air forces of the US and Egypt have carried out a joint training exercise at a base in the North African country, strengthening military cooperation between the two countries, Arab News reports. The exercise involved a series of lectures Read more
Palestinian president Mahmud Abbas and Hamas leader Ismail Haniyeh made Tuesday their first public meeting in five years in Algeria on the sidelines of the 60th anniversary of the independence of the North African country. The Algerian top leadership called Read more
The Saudi monarch King Salman issued a royal order approving an allocation of $5.32 billion (SR20 billion) to help citizens mitigate the impacts of rising global prices, Half of the allocated money will go to social insurance beneficiaries and the Read more
State-run El Nasr for Export and Import (Gosoor) opened Monday six oversea branches in Ghana, Cameroon, Sudan, Emirates, France and China as part of the North African country’s efforts to boost its exports. The branches are part of 16 total Read more
Dubai-based start-up YAP, which operates a digital banking app, has raised $41 million to fund its expansion in the Middle East, Africa and Pakistan, Zawya reports. The investors include Saudi Arabia’s Aljazira Capital alongside Abu Dawood Group, Astra Group and Read more
Egypt has suspended activities at several Red Sea beaches after two women tourists were killed in two separate shark attacks last Friday. The first victim was a 68-year-old Austrian woman. She lost an arm and a leg due to a Read more