Saudi-led coalition in Yemen to halt intervention in Yemen March 30

The Saudi-led coalition battling Iran-supported Houthi rebels said Tuesday it would cease military operations in Yemen today March 30 to help peace efforts by the UN and Gulf Cooperation Council (GCC). This, Arab News reports citing the coalition, comes in Read more

Egypt, Yemen sign cooperation agreement in many fields covering energy, mining

Egypt and Yemen have signed a Memorandum of Understanding (MoU) for cooperation in several fields including oil, natural gas, and mining, Arab Finance reports. Egyptian Minister of Petroleum Tarek El Molla signed the agreement with his Yemeni Abdul Salam Baaboud Read more

IHC Food Holding acquires controlling stakes in Abu Dhabi Vegetable Oil Company

IHC Food Holding, a subsidiary of International Holding Company (IHC), has acquired 75 per cent of Abu Dhabi Vegetable Oil Company (ADVOC), IHC has announced, Zawya reports. The conglomerate did not provide details on the operation but indicated that the Read more