Home » October 20th, 2020 Entries posted on “October, 2020”

Singapore-based TurtleTree Labs wins world’s biggest pitch competition in Saudi Arabia

TurtleTree Labs, a biotech start-up based in Singapore has won the top prize of the Entrepreneurship World Cup 2020, organized in the Saudi capital of Riyadh, Zawya reports. TurtleTree Labs bagged $500,000 for the win. The milk-startup is the world’s first to create milk sustainably using animal cell-based technology. The latest prize is the second […]

October 20th, 2020 | Posted in Gulf News,Headlines | Read More »

EU new sanctions target seven ministers of Bashar al Assad Cabinet

The European Union, EU, has imposed fresh sanctions on seven ministers of Syrian President Bashar al Assad’s government, Middle East Monitor (MEMO) reports. The new round of sanctions brings the total number of individuals and entities around the Syrian leader to be targeted to 280 including business people and political figures. The sanctions range from […]

October 20th, 2020 | Posted in Headlines,World News | Read More »

Turkey nabs Palestinians suspected for spying for UAE

Turkish intelligence services have arrested a Palestinian man for allegedly spying on Arab nationals living in Turkey on behalf of the UAE, Middle East Monitor (MEMO) reports. The man, according to a senior Turkish security official who spoke on condition of anonymity on Friday, confessed to spying on Arab citizens and provided a set of […]

October 19th, 2020 | Posted in Headlines,World News | Read More »

Iranian envoy takes office in Yemen for the first time since 2015

Iran has posted in Sanaa held by Houthi rebels its new ambassador five years after the last envoy departed. Foreign ministry spokesman Said Khatibzadeh Saturday told Fars news agency that the new diplomat, Hassan Eyrlou had arrived in the Yemeni capital and presented his letters of credentials to Mehdi al-Mashat, head of Yemen’s supreme political […]

October 19th, 2020 | Posted in Headlines,World News | Read More »

Mercedes-Benz prepares to relaunch car assembly plant in Egypt before end of 2020

German luxury car maker Mercedes-Benz is edging toward resumption of its car assembling operations in Egypt after exiting the North African country in 2015 citing unfavorable tariff policy. Two governmental source told local daily subscription media Enterprise that the German automaker could resume its assembling operation in Egypt “very soon”. The media also notes, Mercedes-Benz […]

October 15th, 2020 | Posted in Headlines,World News | Read More »

Egypt tones down criticism of Turkey as both address division

Egypt has instructed its media to water down criticism of Turkey at time both are engaged in secret talks to iron out conflicting files including Libya, reports say. A source in Egyptian state TV who asked not to be named, Middle East Monitor (MEMO) reports, told New Khaleej that authorities gave the new instructions as […]

October 15th, 2020 | Posted in Headlines,World News | Read More »

Oman secures release of Houthi-held American citizens

Yemeni Houthi rebels have released US citizens held in their custodies following mediation by Oman, reports say. “Under the directions of Sultan Haitham bin Tariq, the relevant authorities in the Sultanate contacted authorities in Sanaa which agreed to release the Americans and to transfer them to the Sultanate before heading home,” Oman state TV said. […]

October 15th, 2020 | Posted in Headlines,World News | Read More »

Red Sea International signs multi-million-dollar contract to manage NEOM city facilities

Saudi Arabia-registered company, Red Sea International will provide management, operation and maintenance services to facilities at the kingdom’s futuristic digital city, NEOM, after it signed a $14-million contract with project developer NEOM Company. The deal, Zawya reports, will cover three years and is extendable for additional cost according to a statement by the company to […]

October 14th, 2020 | Posted in Gulf News,Headlines | Read More »

Tunisian Prime Minister receives backlash for dismissing Kasserine governor

A group of covid-19 patients and several unions have slammed the dismissal of Kasserine governor by Prime Minister Hichem Mechichi after the death of a man killed in the demolition of an unlicensed shop in the small town of Sbeitla. Mechichi Tuesday dismissed Governor Mohamed Samcha and several security local officials after the death of […]

October 14th, 2020 | Posted in Headlines,World News | Read More »

Kuwait introduces five per cent VAT for first time amid struggling economy

Kuwait Monday introduced a five per cent value-added tax (VAT) to come into force next year, as the country’s economy has gone into slow motion owing to struggling oil production. Country’s leader Sultan Haitham bin Tariq issued a decree for the next tax which will be imposed on goods and services except for certain products […]

October 13th, 2020 | Posted in Finance,Headlines | Read More »