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Kuwaiti aircraft leasing company, Alafco, has said it reached an agreement with France-based global aircraft maker, Airbus, to delay the delivery of the jets it has ordered. Alafco in the bourse filling did not say how many aircraft are involved Read more
Israel’s spy Chief Yossi Cohen paid a visit to the UAE, the first such a trip by an Israeli top official as both countries normalize ties. The Mossad Chief was received in Abu Dhabi by Sheikh Tahnoun bin Zayed Al Read more
Algeria will increase its non-energy products export to $5 billion next year from current $2 billion, The Algerian President said Tuesday as the North African looks to reduce dependence on energy earnings. The President was speaking at the national conference Read more
The Israeli Intelligence Minister said in a televised interview on Monday that Tel Aviv and Khartoum are preparing to sign a normalization agreement similar to the one signed between his country and the United Arab Emirates. “A normalization agreement with Read more
Qatar’s national carrier, Qatar Airways has signed an $8-million sponsorship deal with Tunisia’s top tier football league team Club Africain – first such deal by the Gulf airline. The four-year deal will enable the trade brand of the Gulf airline Read more
Iran Sunday will export weapons as soon as the UN lifts the embargo following the rejection of US draft for a prolongation, Anadolu News agency reports. “Iran will export and sell weapons” once the UN-mandated embargo is lifted, Defense Minister Read more
The US has seized four vessels laden with Iranian oil that were sailing to Venezuela in violation of sanctions against Teheran. Luna, Pandi, Bering, and Bella, seized in open sea, are currently on their way to Houston, The Wall Street Read more
A senior member of outlawed Muslim Brotherhood died Thursday in Cairo notorious Tora Prison, from heart attack, reports say. Essam El-Erian has been held in prison and handed multiple sentences for inciting violence following the ouster of the former and Read more
Dubai’s largest bank, Emirates NBD is in early talks with Lebanon’s BLOM Bank which is looking to sell its Egypt-based subsidiary BLOM Bank Egypt. The deal is not certain, the Dubai-based bank said though both sides are still continuing the Read more
Turkey’s Istanbul airport has received world first health accreditation underlining the global airports’ observance of the health protocols. The award, given by the Airports Council International (ACI), works with airports by assessing new measures and procedures introduced as a result Read more