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The kingdom of Jordan will start exporting electricity to Lebanon, hit by the energy crisis, from next month. Minister of Energy Saleh Al-Kharabsheh made the announcement Tuesday, adding that a funding agreement with the World Bank has been finalized. Both Read more
IHC Food Holding, a subsidiary of International Holding Company (IHC), has acquired 75 per cent of Abu Dhabi Vegetable Oil Company (ADVOC), IHC has announced, Zawya reports. The conglomerate did not provide details on the operation but indicated that the 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
Egypt and Jordan Sunday agreed to double the capacity of their joint power interconnection to 1,000 megawatts, reports say. The Jordanian energy minister Saleh Kharabsheh reached the deal with Egypt’s minister of electricity Mohamed Shaker in the kingdom. The agreement Read more
Egypt and the Jordan Tuesday signed a memorandum of understanding (MoU) to support the sector of micro, small and medium-sized enterprises (MSMEs) in the two countries, Arab Finance reports. The agreement signed between Egypt’s Minister of Trade and Industry Nevin Read more
The U.S Tuesday vehemently warned against its allies in the Middle East thawing ties with Syria after UAE foreign minister visited the embattled Syrian leader Bashar al Assad. Sheikh Abdullah bin Zayed led high key delegation of Emirati officials to Read more
Egypt will begin exporting from October this year up to 3,000 MW/h of electricity to Cyprus and Greece, the Arab republic’s electricity ministry said in a statement. The department headed by Mohamed Shaker, did provide details on revenues that the Read more
Global gaming company Stillfront Group AB has acquired 100 percent of the shares of Jordan-based Jawaker for $205 million in a move that bolsters the Swedish company’s presence in the Middle East and North Africa region (MENA). Founded in 2009, Read more
Iraq is set to invite Iran’s new President Ebrahim Raisi to attend a regional conference in Baghdad late this month that will also include Saudi Arabia. Iraqi top diplomat Fouad Hussein, according to his department, landed in Teheran Wednesday in Read more
Jordanian security forces have nabbed outlawed Member of Parliament Osama Al-Ajarmeh following an arrest warrant issue against him by the kingdom’s top public Prosecutor, reports say. The arrest took place Wednesday at the demand of the top prosecutor, interior minister Read more