Egypt lauds Saudi Arabia, UAE for unconditional support in face economic hardship

Egyptian President Abdelfattah al-Sisi Monday praised Saudi Arabia and the UAE for supporting the Arab African country economically as it faces an acute economic hardship compounded by the Russia-Ukraine crisis, Middle East Monitor (MEMO) reports. “Saudi Arabia and the UAE Read more

6th EU-AU summit: Africa demands better status for partnership

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

Omani police break up protests over layoffs, hard economic conditions

Omani security forces Sunday dispersed and arrested a number of citizens protesting against job layoff and hard economic conditions, in the first major unrest since the ascendance to the throne of incumbent Sultan Haitham bin Tariq in January 2020. Protests Read more

Lebanon: Top official of Central Bank charged with manipulating exchange rate

The director of monetary operations at the central bank, Mazen Hamdane has been charged with manipulating exchange after he was arrested last week, reports say. Financial prosecutor Ali Ibrahim, AFP reports citing a judicial source, found Hamdane of the manipulating Read more

Qatar offers Jordan $500-m aid package

Qatar Wednesday unveiled a $500-million aid package to cash-trapped Jordan despite reduced diplomatic ties between the two countries.  A Qatari delegation, led by Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani, met with King Abdallah II in capital Amman. The Read more