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Egypt and Yemen have signed a Memorandum of Understanding (MoU) for cooperation in several fields including oil, natural gas, and mining, Arab Finance reports. Egyptian Minister of Petroleum Tarek El Molla signed the agreement with his Yemeni Abdul Salam Baaboud Read more
Alexandria-based petrochemical giant Sidi Kerir Petrochemicals Company (Sidpec) has signed a Memorandum of Understanding (MoU) with Nigeria’s Rungas Group to assist in building a petrochemical complex in Africa’s most populated nation. Per the deal, reports say, Sidpec will provide its Read more
UAE and Turkey Monday agreed 13 deals on the sideline of the Turkish President Recep Tayyip Erdogan’s official visit to bolster ties between the two countries which are now putting behind themselves several years of distrust. The deals according to Read more
In Sudan, another civil society figure has been arrested: Mohammed al-Fekki was arrested by security forces on Sunday, February 13. He had been a member of the Sovereign Council that ruled the country until the October 25 coup, while two Read more
Emirates Airlines has reinstituted services to Morocco following the reopening of the North African country’s airspace on February 7, after a two-month closure. The UAE’s flagship carrier is now flying to Casablanca on a daily basis. In anticipation of the Read more
At least four elements linked to the Islamic State (IS) terror group were neutralized on Thursday as they were preparing to attack armed forces in the eastern Iraqi governorate of Diyala, Diyala Police First Lieutenant Shaalan Al-Kameli announced. “Army forces Read more
The United Nations Compensation Commission (UNCC), the UN panel set up in 1991 to manage financial compensation owed by Iraq to Kuwait, has submitted its final reports Wednesday in Geneva after Iraq paid $52.4 billion reparation to the Gulf country. Read more
The Spanish police has arrested three people for financing terrorism in Libya, the oil-rich country still witnessing a sporadic attacks from the Islamic state group, ISIS. The three people according to the police were arrested In Valencia, Barcelona and Girona Read more
The United Nations Educational, Scientific and Cultural Organization (UNESCO) and the United Arab Emirates (UAE) have announced that the reconstruction of Al-Hadba Minaret and Al-Saa’a and Al-Tahera Churches in the city of Mosul in Iraq is “ready to start in Read more
Saudi dairy giant Almarai Co. Has, through its subsidiary Western Bakeries Co., acquired 25 percent of Modern Food Industries, becoming the full owner of the Indian company. Almarai will inject an additional $67 million into the company. Through this acquisition, Read more