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India and UAE are poised to sign a new trade deal set to be worth $100 billion over the next five years after a swift conclusion to negotiations, reports citing Indian media outlets. The new deal dubbed Comprehensive Economic Partnership Read more
The European Union (EU) and the African Union (AU) are holding this week (Feb. 17, 18) their sixth joint summit to reaffirm partnership between the two regions but the European ambition is expected to meet distrust from the African side, Read more
Egypt is set to resume the privatization program of state-owned companies in March, Finance Minister Mohamed Maait told Bloomberg Asharq, Arab Finance reports. “We can expect more state-owned companies to offer shares on the EGX in the coming weeks,” Maait Read more
The Egyptian government is considering the privatization of state companies every month to attract private investors, Planning Minister Hala al-Said told Reuters. “We’re trying to select the right companies that can attract good institutional and good private sector (investors), and Read more
Amman-based digital health platform, Altibbi, has opened shop in Egypt with the launch of a hot-line accessible anywhere in the North African country, Arab News reports. The company in a statement said service seeks to connect patients with certified doctors Read more
Gulf Cooperation Council (GCC) leaders have reiterated their unwavering support to Morocco’s territorial integrity and sovereignty over its entire Sahara territory. In their joint statement issued Tuesday following the 42nd Session of the GCC Supreme Council held in Riyadh, the Read more
US President Joe Biden said democracy needed “champions”, including in the United States, as he opened a virtual summit of some 100 countries on Thursday, the choice of which has provoked much debate. He said from the White House that Read more
Dubai’s flagship carrier, Emirates, will resume its passenger flights to Nigeria from Dec. 05. The daily flights will connect the airline to the Africa’s largest populated country’s two major cities namely capital Abuja and business city Lagos. Emirates will operate Read more
Saudi food giant Almunajem Foods has announced plans for an Initial Public Offering (IPO) and listing of its ordinary shares on the Saudi Stock Exchange (Tadawul), reports say. The company in a statement Thursday said the listing will involve a Read more
The kingdom of Saudi has deposited $3 billion into Egypt’s central bank, CBE, in a move to shore up the foreign reserve of the Arab republic, reports say. The fund, Arab Finance reports citing the kingdom’s state-run news agency, is Read more