Leading News Source For Middle East
Turkey’s $20-billion plant project, the first ever by the country, is being threatened as Western sanctions heap up on Russia over its invasion of Ukraine. Operations of the first reactor of the Akkuyu Nuclear Power Plant, located on the Mediterranean Read more
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
Egypt and South Korea have inked two Memorandums of Understanding (MoU) in military cooperation covering defense industries and logical support, Arab News reports. The first memorandum, the Saudi media notes, covers defense industries and logistical support, and the second covers Read more
Iran Thursday overcame neighboring Iraq to become the first country from the Asian Football Confederation to qualify for the FIFA World Cup to take place later this year in Qatar. Iranian beat their rival 1-0 in capital Teheran in a Read more
Egypt and South Korea have signed a memorandum of understanding (MoU) for cooperation between the two countries in the fields of antiquities and museums online on the sideline of the visit of the leader of the Asian country, Arab Finance Read more
South Korea will grant Egypt $1 billion, the Asian country’s envoy to the Arab country has announced, ahead of Moon Jae-in’s visit this week. Hong Jin-wook, Arab Finance notes, informed Al Mal News about the financial facility without providing further Read more
Saudi Arabia will initiate discussions with China for the development of the hydrogen as the Gulf country envisagesto reach net zero by 2060. The cabinet, Arab New notes citing state-run news agency SPA, has delegated the Kingdom’s Energy minister to Read more
The Saudi General Authority for Military Industries (GAMI) hosted a workshop with South Korean investors on the sidelines of the 2021 Seoul International Aerospace Defense Exhibition (ADEX 2021), in the presence of representatives from the Saudi Arabian Military Industries (SAMI) Read more
South Korea will provide Egypt with a loan worth $250 million for the railway modernization project, as part of efforts to promote economic cooperation with Cairo, Arab Finance notes, citing the Ministry of Finance. The Economic Development Cooperation Fund (EDCF) Read more
Ways of strengthening cooperation ties between Morocco and South Korea in various sectors in a post-covid world were at the centre of talks held Monday in Rabat between South Korean Vice-foreign minister Choi Jong-Kun and Moroccan minister of foreign Affairs Read more