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French insurance giant AXA Group announced it has relinquished its Gulf region operations to GIC Gulf Insurance for $290 million as it moves to slim its activities. The transaction will enable GIC Gulf Insurance to take control of Axa Gulf Read more
The Mohammed VI Champions Cup will come to close in January next year with the final more than one year after the kickoff. Mohamed Raouraoua, Vice-President of the organizing body, Union of Arab Football Associations, UAFA, made the announcement without Read more
Qatar Wednesday said it stopped and let go two Bahraini coast guard vessels which entered its territorial waters during drill. The interior ministry of the Gulf country in statement said it reached Bahrain’s operations room for explanation but to no Read more
Saudi Arabia’s foreign minister has debunked the media reports that Israeli Prime Minister met secretly with Crown Prince Mohamed bin Salman, MbS, and US Secretary of State Mike Pompeo on Sunday in the kingdom. Prince Faisal bin Farhan, Zawya reports, Read more
Saudi Arabia has reiterated its support for the measures taken by Morocco to ensure free civil and commercial movement in the buffer zone of Guerguarat in the Moroccan Sahara. The Saudi Council of Ministers held this week under the chairmanship Read more
Saudi Arabia’s ministry of Human Resources and Social Development Wednesday ordered companies to pay SAR4,000 ($1,066) from SAR3,000 for Saudi employees, under the “Nitaqat” employment program, reports say. Per the new decision, a Saudi worker with a minimum salary of Read more
Libya will hold its presidential election next year on December 24 to elect a democratic central authority after years of chaos that erupted in the wake of NATO intervention in 2011.The Acting Head of the UN mission in Libya (UNSMIL), Read more
Dutch police have arrested a man suspected to be linked with multiple gunshots that were fired at the Saudi embassy in the city of Hague, The Guardian reports. The suspect, 40-year old was nabbed at Zoetermeer, 10 miles (16km) from Read more
An improvised explosive device (IED) went off injuring four people at a World War I commemoration ceremony organized by the French embassy in the Saudi port city of Jeddah. The French foreign ministry reportedly in a statement condemned the incident. Read more
Saudi Arabia’s Public Investment Fund (PIF) is keen to inject investment into Egypt’s Sovereign Wealth Fund (TSFE) as well as into other projects, reports say citing a statement from the Egyptian government. TSFE has according to the statement submitted investment Read more