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Oman has penned two agreements granting Oman Occidental, a unit of state-run Oman Oil Co, the rights to explore for oil and gas in concessions 51 and 65. The announcement by the Gulf country’s oil ministry on Twitter says the Read more
UAE’s minister of State for Foreign Affairs Anwar Gargash brushed aside claims by the Qatari Emir, Sheikh Tamim Bin Hamad Al Thani, that his country, currently locked up in a diplomatic row with neighbors, is keen to enter into dialogue Read more
The Saudi leading chemical industry, Sabic, has notched a memorandum of understanding (MoU) with UK-based Plastic Energy to recycle mixed plastic waste back to the original polymer in Europe. Under the deal, Plastic Energy will supply feedstock to support Sabic’s Read more
King Mohammed VI on Thursday appointed new heads to two constitutional authorities, namely the national authority for probity, prevention and fight against corruption and the Ombudsman institution, part of the Sovereign’s endeavors to promote good governance, public service performance, transparency Read more
Head of the World football governing body Gianni Infantino Thursday said majority of member-countries of FIFA are favorable to enlarge the number of teams to play in the FIFA world Cup in Qatar in 2022 to 48 but added that Read more
Yemen rival sides, the Iran-backed Houthi rebels and Saudi-endorsed regular forces, reached on the last day of UN-brokered talks in Sweden a cease fire in the vital Hodeidah port city. UN Secretary General, Antonio Guterres Thursday said the two sides Read more
The UK Ministry of Defense brushed aside reports that the European country is in talks with Kuwait to open a permanent military base as it has embarked on building a strong military presence in the region after agreeing with Bahrain Read more
Saudi Arabia’s Red Sea Development Company has unveiled its tourism master plan, which seeks to create 70,000 jobs in the sector and contribute $5.86 billion to the kingdom’s GDP. The company CEO John Pagano and his team presented the master Read more
Although the overall intensity of violence in Syria has decreased, civilians continue to be killed by air and ground-based strikes, Mark Lowcock, UN Under-Secretary-General for Humanitarian Affairs told the Security Council on Thursday, during a briefing on the current situation Read more
Abu Dhabi-based Goldilocks Investment Company has said it acquired 29.49 per cent of insurer Takaful Emarat. The company did not disclose the amount of the deal but said it would help the firm take advantage of “strong market dynamics” and Read more