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British conglomerate McLaren Group is mulling plans to sell around 20 to 30 per cent of shares in its F1 team as it struggles financially, reports say. The plans according to Sky News are in the making and also considers Read more
Algeria Saturday laid into the World Health Organization (WHO) after the Director for Africa of the UN agency said the pandemic continues to spread fast in several countries including the North African country. A statement from the President’s office said Read more
The House of Federation, which represents the 9 federated states, voted in favor of this solution despite much criticism from the political opposition as well as from jurists and human rights activists. Abiy Ahmed will continue to lead Ethiopia until Read more
Japan Tuesday offered Tunisia €4 million earmarked for the fight against the covid-19 pandemic. The aid will also be used to bolster Tunisia’s heath sector through the identification of contagious diseases. Tunisia has so far reported 1,087 cases including 982 Read more
North Carolina-based Bank of America Corp. (BofA) has acquired about 1.51 per cent of Dubai largest bank Emirates NBD for an investment of AED900 million, Arabian Business reports citing an anonymous source. The operation takes as the UAE banking sector Read more
The Civil Service Council of the Sultanate has cut by 23 per cent the salaries of the new civil servants as Gulf country implement austerity measures as result of slimming oil revenues and effects of novel covid-19 disease. The council Read more
Chairman of the Dubai-based Emirates Fly has projected it will take at least 18 months for the travel demands returns to a semblance of normality, Arabia Business reports. Sheikh Ahmed bin Saeed Al-Maktoum issued the warning amid the airline’s report Read more
The Union of Arab Football Associations, UAFA, is poised to complete the suspended Arab Champions Cup, dubbed the Mohammed VI Cup and is waiting for Morocco and Saudi Arabia to lift state of emergency measures, reports say. The competition was Read more
Abu Dhabi-based Etihad Airways will operate from May 9 from selected cities from around the world to limited flights to enable UAE residents to return home, the airline has said. The all one-day flights have been approved by the government. Read more
U.S has castigated Qatar after it welcomed Cuban doctors to help in the Gulf country’s efforts to curb the covid-19 pandemic, as it accuses Caribbean of exploiting its doctors, The New Arab reports. Secretary of State, Mike Pompeo sent the Read more