UAE opposes appointment of former Algerian top diplomat as UN envoy to Libya

The United Arab Emirates, UAE, on Monday expressed its opposition to UN Secretary-General Antonio Guterres’s decision to appoint former Algerian Foreign Minister Sabri Boukadoum as UN envoy to Libya, Libya Observer reports, citing diplomatic sources. The Gulf country, the sources Read more

King Mohammed VI of Morocco expresses sincere condolences at death of president of UAE, decrees three-day national mourning

King Mohammed VI, in his own name and on behalf of the royal family, and the entire Moroccan people, expressed his sincerest condolences and deep feelings of sympathy for the tragedy that befell the United Arab Emirates following the sad Read more

Qatar among top 10 countries for entrepreneurs

Qatar has made its entry among the world’s leading countries for entrepreneurs per the 2020 assessment index for 50 countries around the world by Global Entrepreneurship Monitor (GEM). GEM’s National Entrepreneurship Context Index (GEM NECI) ranks the Gulf country 9th Read more

Al-Sisi hosts Abu Dhabi Crown Prince, Israeli Prime Minister in Sharm El Sheikh

Egypt’s President Abdelfattah al-Sisi Tuesday hosted in the resort city of Sharm El Sheikh both Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces and Israeli Prime Minister Naftali Bennett in a Read more

Egypt’s EFG Hermes appoints Goldman Sachs as financial advisor on FAB’s offer to acquire majority stakes

Cairo-based investment bank EFG Hermes has appointed Goldman Sachs to advise on First Abu Dhabi Bank’s (FAB) offer to acquire a majority stake, the bank has said in a statement. The board of Egypt’s largest investment bank also said it Read more

Arab Gulf Countries Reaffirm Steadfast Support to Moroccanness of Sahara

Gulf Cooperation Council (GCC) leaders have reiterated their unwavering support to Morocco’s territorial integrity and sovereignty over its entire Sahara territory. In their joint statement issued Tuesday following the 42nd Session of the GCC Supreme Council held in Riyadh, the Read more

UAE, Turkey central banks sign cooperation agreements

The Central Bank of the Republic of Turkey (CBRT) and the Central Bank of the United Arab Emirates (UAE) signed cooperation agreement between the two institutions on the sidelines of Abu Dhabi Crown Prince Mohammed bin Zayed’s visit to Ankara Read more