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Turkish President Recep Tayyip Erdoğan will visit Saudi Arabia in February as Turkey works to thaw ties with Arab countries in the region. Erdogan also announced he will also discuss trade with Saudi authorities. Turkey has been pushing to end Read more
DP World will begin construction of a $1.13 billion deep-water port at Ndayane, around 50 km (31 miles) south of the Senegalese capital Dakar after leader of the African country Macky Sall laid Monday the foundation stone. DP World Dakar, Read more
Israeli defense electronics company Elbit Systems will provide the United Arab Emirates (UAE) Air Force with electronic warfare (EW) protection systems, the company announced this Monday. The systems, purchased for $53-million, are intended to protect the UAE’s Airbus A330 Multi Read more
Egypt has been accepted as member of the New Development Bank (NDB) established six years ago by Brazil, Russia, India, China and South Africa, forming a group known as BRICS. The accession represents a testimony of confidence in the solidity Read more
The Egyptian government plans to sell shares in power plants it built in partnership with Germany’s Siemens, Zawya reports citing a statement by the state. Ayman Soliman, head of Egypt’s sovereign fund said according the statement the proposed offer on Read more
Egypt’s Ministry of State for Immigration will launch in January an electronic insurance for its diaspora worldwide, a statement from the ministry has announced. Egyptian working and living abroad can register for the policy online via the Egyptian Pool Read more
The Egyptian President Abdelfattah Al Sisi has authorized the ministry of Finance to provide a financial support worth about $3118 million for the national carrier, EgyptAir, to be used by the airline to fulfil external and internal financial obligations, Arab Read more
“He was an extraordinary human being. A thinker. A leader. A shepherd”: in unison with reactions from around the world, the Mandela Foundation described the loss of Desmond Tutu as “immeasurable”, for which a week of mourning is being observed, Read more
The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey’s monetary policy, after the Lira surged more than 50% last week following billions of dollars of state-backed market interventions. The lira was also supported Read more
The parliamentary elections will be held on May 15, 2022 in Lebanon, the Lebanese Ministry of Interior announced on Monday. The Lebanese Minister of Interior, Bassam Maoulaoui, signed, on Monday, the decree convening the electoral college of the parliamentary elections Read more