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Cofco International Ltd., the trading arm of China’s largest food company, is building a soft commodities hub in Dubai to position itself in the sale and purchase of sugar, and also cotton and coffee in the region. Head manager of Read more
Moroccan football and sports authorities Tuesday unveiled the logo of the kingdom’s bid for FIFA 2026 World Cup competition and expressed confidence over the North African country’s ability to host the biggest global football tournament. The bid for 2026 World Read more
A Chinese-built telecom satellite for Algeria was launched into orbit with the aim of providing television broadcasts, broadband Internet, E-learning and education and emergency communications services. Launched aboard a Long March 3B rocket, heading toward a perch more than 22,000 Read more
Morocco has signed a memorandum of understanding with Chinese automaker BYD for the establishment of an electric car factory near Tangier (north), the first of its kind in the North African country and in Africa. After the French Renault and Read more
Saudi Arabia announced Monday it will start extraction of its own uranium to supply its nuclear program with construction of two nuclear plants to be awarded end of next year. The move is in line with the kingdom’s plans to Read more
Oman authorities have loosened entry restrictions for citizens of 25 countries who seek to visit the sultanate. The regulations say that citizens of the shortlist can now enter the country on a non-sponsored e-visa supported by a valid residence or Read more
Following the US president’s Friday speech against Iran and his decision not to endorse the 2015 nuclear deal, members of the P5+1 and several other countries and world organizations voiced their strong support for the deal, known as the Joint Read more
The Omani government has identified China and India as the right places to invest in the near future, reports say. The Sultanate is looking for foreign markets to reduce its dependence on regional market, in reference to the Gulf market Read more
Oman has secured a $3.55 billion loan from Chinese financial institutions and the undersecretary of the Ministry of Finance Nasser Khamis al Jashmi is relieved that the country has “successfully completed the financing requirements for the expected 2017 fiscal deficit.” Read more
Tehran has called upon the nuclear pact implementation watchdog to address the violation of the historic 2015 nuclear deal by the US after Washington imposed fresh sanctions on Iran despite compliance with terms of the agreement, Speaker of the Iranian Read more