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Egypt has abolished covid-19 testing at the country’s airports amid increase in the number of contaminations, reports say. The decision which went into force on the evening of Saturday June 6 seeks to boost resumption of air travel after its Read more
North Carolina-based Bank of America Corp. (BofA) has acquired about 1.51 per cent of Dubai largest bank Emirates NBD for an investment of AED900 million, Arabian Business reports citing an anonymous source. The operation takes as the UAE banking sector Read more
Dubai International Financial Centre (DIFC) has injected funds into four fintech startups, with its fintech fund. The ventures include FlexxPay, a cloud-based B2B FinTech employee benefits platform allowing instant access to earned income; and Go Rise, a start-up building a Read more
Egypt has sent military tanks and helicopters to its borders with Libya after President AbdelFattah al-Sisi backed truce between protégé Khalifa Haftar and UN-backed Government of National Accord (GNA), Defense Blog reports. The Egyptian army has mobilized 18 M1A2 Abrams Read more
Abu Dhabi state fund Mubadala Investment Co has acquired 1.85 per cent of Jio Platforms, Reliance Industries Ltd’s technology platform for an investment of $1.21 billion. The operation brings the total Jio Platforms’ shares sold to 19 per cent after Read more
A Syrian court has ordered the seizure of Syriatel controlled by President Bashar al-Assad’s cousin Rami Makhlouf who has fallen out with the Syrian leader. The administrative court in a Facebook post said the ruling is to “guarantee the rights Read more
Abu Dhabi-based Etihad Airways will resume flights to 20 cities across the world after Emirati authorities opened airports for commercial flights. The regular flights will connect the capital Abu Dhabi to Amsterdam, Barcelona, Brussels, Dublin, Frankfurt, Geneva, Jakarta, Karachi, Kuala Read more
The Algeria President Tuesday renamed the Algerian army’s headquarters after late Chief of State Gen. Ahmed Gaïd Salah who forced former leader Abdelaziz Bouteflika to step down in April last year and led the country until the presidential election in Read more
Venezuela President Nicolas Maduro announced plans to visit Iran in view of thanking Teheran after the ally supplied his country with critical five ships loaded with fuel, The New Arab reports. “I am obliged to go to personally thank the Read more
Jordan has put five people on trial after they were charged for plotting suicide attacks on Israeli positions in the Israel-occupied West Bank, a judicial source said on Tuesday. “The state security court recently began legal proceedings against five people Read more