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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
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
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
Qatar has provided the Lebanese army $60 million as part of the Gulf country’s pledge to support the struggling regional country. Emir Sheikh Tamim bin Hamad Al-Thani according to Qatar News Agency, QNA, gave the directives of the gesture. The Read more
Bahraini King Hamad bin Isa Al Khalifa and visiting Egyptian leader Abdelfattah al-Sisi signed Wednesday a group of Memorandum of understanding (MoU) covering several areas including technology and investment. Al-Sisi travelled to the Gulf country to attend the inauguration of Read more
The Kingdom of Saudi Arabia and Italy have signed a Memorandum of understanding (MoU) to set up a business council between the two countries. Saudi and Italian representatives from the private sector, reports say, discussed investment opportunities in the fields Read more
Egypt is currently negotiating with Qatar on new investments ranging between $2bn-3bn, Minister of Finance Mohamed Maait announced on Monday, Zawya reports. Maait did not provide details but the announcement comes after Qatar’s ruler Sheikh Tamim al Thani visited Egypt Read more
India has offered to set up production facilities for manufacturing light combat aircraft (LCA) as well as helicopters in Egypt as the Egyptian army contemplates placing orders. Sources who asked not to be named, told The Economic Times, the Egyptian Read more
Arab-German Chamber of Commerce and Industry signed Thursday a five-year agreement with Egypt to open a regional office in Cairo, the Egypt government said in a statement, Arab Finance reports. The deal according to the statement contributes to the creation Read more
Etihad Rail, the developer and operator of the UAE national railway network, has signed a 1.2-billion-dirham ($327 million) agreement with Spain’s CAF Group for designing, manufacturing, supplying and maintaining passenger trains, Zawya reports. Per the deal, CAF will design, manufacture, Read more