Turkey vows to expand military development despite US sanctions

The head of the Turkey’s Defense Industries Presidency (SSB), Ismail Demir, has vowed to continue with the country’s military development regardless of the US sanctions on himself and his organization. “The development of the domestic industry will continue, perhaps even Read more

US Pentagon charges UAE for alleged funding for Russian mercenary company in Libya

The United Defense department, the Pentagon, has leveled charges against the United Arab Emirates, UAE, for its alleged financing of Wagner Group, a Russian security company currently present in Eastern Libya, Foreign Policy Magazine reports. The charges, the magazine notes, Read more

Kuwait’s GIC Gulf Insurance acquires French insurer AXA Gulf

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

Qatar takes stock of inter-Libyan talks

Qatar’s leader Sheikh Tamim bin Hamad al-Thani received Sunday a delegation of the High Council of State (HCS) aligned with Government of National Accord (GNA) to discuss the political situation in Libya and rounds of talks with rival House of Read more