UAE ranks second on Global Finance magazine’s index world’s es

UAE is the world’s second safest country in 2021 Global Finance Magazine has reported. The index which takes into account three fundamental factors – war and peace, personal security, and natural disaster risk, hails the Gulf country’s efforts to curb Read more

Moroccan-U.S. Drill ‘African Lion 2021’, to be Conducted on June 7

Following the high instructions of Moroccan King Mohammed VI, Supreme Commander and Chief of General Staff of the Royal Armed Forces, the joint Moroccan-US exercise “African Lion 2021” will take place on June 7-18, 2021, in the regions of Agadir, Read more

Abu-Dhabi’s ADQ acquires Egypt-based Amoun Pharmaceutical Co. from Bausch Health Cos.

Abu Dhabi’s third investment fund, ADQ, has acquired for $740 million Egypt-based Amoun Pharmaceutical Co. controlled by Canada-based Bausch Health Companies Inc. Bausch Health Companies Inc. in a statement Wednesday said it reached a deal with ADQ to relinquish its Read more

Dubai-based DP World & Caisse de dépôt et placement du Québec (CDPQ) to inject further $4.5bn in investment platform

Dubai-based, global infrastructure-led supply chain solutions provider, DP World and its Canadian partner Caisse de dépôt et placement du Québec (CDPQ) Wednesday confirmed their plan to increase their investment platform with $4.5 billion. The commitment will bring the total size Read more

Canada greens light defense equipment exports to Saudi Arabia on hold over Khashoggi’s murder & human right concerns in Yemen

Canada has lifted the ban defense equipment to Saudi Arabia in place after the assassination of Jamal Khashoggi and concerns over the kingdom criticized campaign in Yemen as the country’s top diplomat noted that they have received significant improvement to Read more

KSA: U.S.-based dissent journalist disappears at Saudi Consulate in Istanbul

Saudi journalist Jamal Khashoggi, who fled the country last year after emerging as a critic of the government, has gone missing after he entered the Saudi consulate in Istanbul, Turkey, for paperwork on Tuesday. Khashoggi, according to his Turkish fiancée Read more