Kuwait’s GIC Gulf Insurance acquires French insurer AXA Gulf

French insurance giant AXA Group announced it has relinquished its Gulf region operations to GIC Gulf Insurance for $290 million as it moves to slim its activities. The transaction will enable GIC Gulf Insurance to take control of Axa Gulf Read more

Ethiopia: Prime Minister Abiy Ahmed rejects mediation attempts in Tigray as ultimatum ends

Prime Minister Abiy Ahmed’s ultimatum comes to an end on Wednesday. Humanitarian and political leaders fear a bloodbath as the region is cut off from the world. Diplomats, international institutions and foreign powers are trying to encourage dialogue. But the Read more

Popular Egyptian artist to stand trial for posing with Israeli celebrities in UAE

A popular Egyptian singer will stand trial next month following public backlash that ensued in the wake of the publication of photographs that revealed him mingling with several Israeli celebrities in the United Arab Emirates, UAE. Mohamed Ramadan, 32, one Read more