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The Board of Directors of Abu Dhabi-based Agthia Group, a company operating in food and beverages, has approved the acquisition of majority stakes in Ismailia Investments, an Egyptian producer of frozen processed chicken and beef products, Zawya reports. The board Read more
Kuwait’s sovereign wealth Fund also known as Kuwait Investment Authority (KIA) is planning to makes investment in five companies operating in Egypt, in next coming two years, reports say. Ahmed El-Khatib, Chief Investment Officer at Ekuity Holding, KIA investment arm Read more
Morocco’s General Directorate of Territorial Surveillance (DGST) handed France essential information about a French woman of Moroccan origin, who was plotting a terrorist attack in a church. The data enabled France to prevent the attack, a statement from the spokesperson Read more
Saudi Sports Company, Saudi Arabia’s media company signed a three-year contract with Asian Football Confederation to get the exclusive media rights for the confederation’s competitions between 2021 and 2024. The company will broadcast in the kingdom, all major AFC national Read more
Oman Monday said only citizens and residents will enter the country from April 8 in view of curtailing the increase in the number of Covid-19 cases. The Supreme Committee to deal with the pandemic, Times of Oman notes, said it Read more
Faragalla Group, an Egyptian private Food and Beverages giant, will set up by the end this year two plants in Sudan and Rwanda as part of the company’s expansion plan. Mohamed Farag Amer, chairman of the group told, Arab Finance Read more
The number of diplomatic representations set up in the Moroccan Sahara city of Dakhla has been strengthened by the inauguration this Monday of Senegal’s General Consulate. Senegal has joined the club of African and Arab countries that have tangibly materialized Read more
UAE has pledged to invest $3 billion in Iraq in view of strengthening the economic and investment relations between the two countries, Gulf Business reports. Both countries, on the media notes, made the announcement as Iraqi Prime Minister Dr. Mustafa Read more
Qatar Sunday expressed willingness to tap into Tunisia’s know-how and manpower as it hosts next year’s FIFA World Cup. Sheikh Khalid bin Khalifa bin Abdul Aziz al-Thani, Prime Minister of the Gulf country, reports say, held a telephone conversation with Read more
King Mohammed VI held a phone call this Sunday with King Abdullah II of Jordan during which he reassured him of Morocco’s full support for the stability and security in Jordan, a statement from Morocco’s royal office said. King Read more