Egypt targets Latin America, Asia tourism markets

Egypt is planning to go after the Latin America and Asia tourism markets, the Arab republic’s Deputy Tourism Minister has told Bloomberg in an interview, Arab Finance reports. Ghada Shalaby told US media that the plan comes as an attempt Read more

International outcry at Israeli raid on al-Aqsa mosque

Several countries, including Morocco, Saudi Arabia, the UAE, the United States, and international organizations including the United Nations, the Organization of Islamic Cooperation, the Arab League, the European Union and the Gulf Cooperation Council have denounced the raid conducted by Read more

Dubai-based car rental tech platform Selfdrive expands to Qatar, Bahrain

Car rental tech platform Selfdrive, based in Dubai, is expanding to Qatar and Bahrain as part of its growth plans, reports say. The company said it expects to acquire as much as 65% of the digital rental market share in Read more

Saudi Arabia deposits $5bn in Egypt’s Central Bank as Cairo looks for financial support

Saudi Arabia has deposited $5 billion at the Central Bank of Egypt (CBE), the kingdom’s press agency SPA has announced. As part of historical solid bonds and close cooperation relations between the Kingdom of Saudi Arabia and the Arab Republic Read more

Qatar to inject $5 billion into Egypt’s economy as countries boost renewed ties

Qatar will invest $5 billion into the Egyptian economy in unspecified sectors, the government of the Arab republic has said a statement. Statement came following a meeting on March 29th in Cairo between the Egyptian Prime minister Mostafa Madbouli and Read more

Qatar partners with Gates Foundation to help hundreds of African farmers battle climate change

Qatar Fund for Development and The Bill and Melinda Gates Foundation have launched a $200-million initiative to help hundreds of African farmers battle climate change, Doha News reports. Dubbed Nanmo, or “growing together” in Arabic, it was announced during the Read more

Veteran CEO of Doha Bank resigns after 15 years of service

Raghavan Seetharaman, the veteran CEO of Doha Bank has resigned after 15 years of service at one of the biggest commercial banks in Qatar, Zawya reports. It is unclear why the Indian man has resigned as the bank did not Read more