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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
Kuwait has received two Eurofighters jets of 28 ordered by the Gulf country, Defense News reports, citing Italy’s aerospace company Leonardo. The two aircraft flew from Italy, where they were assembled, with refueling escort provided by two Italian air force Read more
Bahrain’s state legislature on Wednesday approved a bill to double the country’s Value Added Tax (VAT) from the existing 5 per cent to 10 per cent, Gulf Business reports. The Shura Council; the upper house of the legislature, is expected Read more
Saudi and Omani companies have signed 13 memoranda of understanding in Muscat worth $30 billion, the official Saudi press agency SPA reported on Tuesday. These trade agreements which aim to diversify the economies of the two countries cover several cooperation Read more
Qatar and Oman signed Monday six deals panning several areas, including military cooperation, taxation, tourism, ports, labor and investment as the sultanate seeks foreign investment to boost its battered economy. The agreements came in the framework of a two-day visit Read more
Oman is mulling plans to launch its first satellite into orbit next year amid regional space race, Middle East Monitor (MEMO) reports. Local companies ETCO and Tuatara—and the Polish firm, Sat Revolutionare behind the project, MEMO notes citing local media Read more
Forbes Magazine has listed three Egyptian companies in its choice of the Middle East and North Africa top 10 sustainable companies. Cairo Solar, the Egyptian Company for Solid Waste (ECARU), and Karm Solar are the greenest companies in Egypt according Read more
Abu Dhabi Securities Exchange (ADX)-listed healthcare investment and management firm Response Plus Holding (PJSC) is mulling plans to expand domestically and abroad including Ethiopia, India and Oman, Zawya reports. The board of director of the company is expected to meet Read more
Four people have been found reportedly dead in Oman after Tropical cyclone Shaheen hit the country on Sunday causing other damages as well as, reports say. A child who had been swept away by water was found dead, the state Read more
The Sultanate of Oman has established a national hydrogen alliance to develop an industry for the production, transport and use of the fuel as part of a national plan to replace fossil fuels. The alliance, reports note, includes 13 institutions Read more