Author: Editor

Abdel Fattah El-Sisi, president of Egypt, met with members of the US Congress, including Senator Richard Shelby. Sameh Shoukry, Egypt’s minister of foreign affairs, was also present at the meeting. The President welcomed the US delegation and emphasized the importance Egypt attaches to communication with Congress leaders since Egypt and the US have a well-established relationship on various issues. In light of the increasing tensions in the region, Egypt is keen to enhance relations within a framework of mutual respect and common interest. The delegation members affirmed the importance of the US’ relationship with Egypt, praising the level of cooperation…

Read More

Jordan’s King Abdullah discussed the latest developments of the Palestinian cause and recent violations in Jerusalem during a series of phone calls with Arab, European, and UN leaders. In separate calls, he discussed the Israeli escalations in Jerusalem with King Mohammed VI of Morocco, chairman of the Al Quds Committee, Palestinian President Mahmoud Abbas, Egyptian President Abdel Fattah El Sisi, Qatari Emir Sheikh Tamim bin Hamad Al Thani, and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan, deputy supreme commander of the UAE Armed Forces. During the phone calls, there were discussions about the need to maintain coordination…

Read More

The UAE Ministry of Economy has signed a Memorandum of Understanding (MoU) with the Costa Rican Tourism Institute aimed at promoting cooperation in the tourism sector and strengthening their bilateral ties. The MoU was signed by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Rodolfo Solano, Costa Rica’s Minister of Foreign Affairs and Worship. Al Zeyoudi noted during the signing that the agreement will improve the UAE’s appeal as a tourist destination for tourists from Central America and Costa Rica, as well as support the country’s tourism development strategy and future goals aimed at increasing…

Read More

Bishr Khasawneh, Jordan’s Prime Minister, said on Monday the government is continuing its efforts to monitor the market and prevent infringements on citizens’ livelihoods. During a meeting at the Lower House of Parliament, the PM urged commitment to price caps for a number of essential commodities set by the Ministry of Industry, Trade and Supply. He said the government would, under the authority of the law, take action against anyone who violated the rights of citizens, citing a few fines issued by the Jordan Ministry of Industry, Trade, and Supply and cases that were referred to the Public Prosecutor. He…

Read More

Prime Minister of Iraq, Mustafa Al-Kadhimi confirmed, the Food Security Law will provide for the day-to-day running of the state’s affairs. The government is keen to work on oil alternatives, and that this wealth remains to protect our children and grandchildren as well as the future of Iraq. The Iraqi officials presented the draft of the food security law and urged cooperation as parliamentarians and the government bear responsibility for approving it. “We must work together to build Iraq and take responsibility,” Al-Kadhimi said in a statement issued by his office.” He added, “Now we are experiencing transitional and post-election…

Read More

Khazaen Economic City Oman has signed an agreement with Al Janabi International Investment Company to establish a factory that will produce cement products. For the first phase of the project, Al Janabi International Investment Company will invest RO 2 million. In total, the project will be built on a plot of land measuring more than 5,000 square meters. Another agreement was signed between Khazaen Economic City and Moayyad Omair investment company to establish a factory for steel industries worth RO 1.5 million for the first phase. The project will be set up on a total area of 7,500 square meters. This…

Read More

Jamal Abdulaziz Al Alawi, CEO of the Bahrain Labor Market Regulatory Authority and Chairman of the National Committee to Combat Trafficking in Persons, received the Indian Ambassador to Bahrain, Piyush Shrivastav. The two sides agreed to intensify their cooperation on the labor market and to form bilateral committees and technical teams. LMRA’s CEO discussed the latest developments concerning investors and businessmen in the Kingdom, as well as the facilities provided to ease their work. He noted the efforts of the Kingdom to improve the work environment and protect work parties, pointing out the role diplomatic missions play in cooperating with…

Read More

Saudi Arabian Military Industries (SAMI) group, a wholly owned subsidiary of the Public Investment Fund and the Kingdom’s leading national defense localization company, has signed a preliminary agreement with Boeing (Boeing), the world’s largest aerospace company and leading provider of commercial jetliners, defense, space and security systems, and aviation services. Both companies will form a Kingdom-focused joint venture under the agreement. During the inaugural World Defense Show in Riyadh, the announcement was made at a signing ceremony. Taking part in the ceremony to commemorate the parties’ intent to sign the definitive agreements in the coming weeks were His Excellency Ahmed…

Read More

Gulf Cooperation Council (GCC) backed efforts to offload a tanker stranded in Yemeni waters for six years so as to prevent a potential spill of one million barrels of crude into Yemeni waters. Dr. Nayef Al-Hajraf, GCC chief, said the GCC is supporting all measures to alleviate Yemen’s suffering during his talks with the UN Humanitarian Coordinator for Yemen David Gressly and US Special Envoy for Yemen Tim Lenderking. The UN-brokered truce in Yemen continues, but the GCC chief said it was imperative to address the worsening humanitarian situation. This ceasefire appears to end Yemen’s seven-year war. The country is…

Read More

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has approved Binance’s In-Principle Approval (IPA) for the Financial Services Permit (FSP) to operate as a broker-dealer in virtual assets. ADGM, the International Financial Centre in Abu Dhabi, introduced the first global virtual asset regulatory framework in 2018. It has since established itself as a global hub and business platform for local, regional and international organizations involved in virtual asset activities. Dhaher bin Dhaher Al Mheiri, Chief Executive Officer of the ADGM Registration Authority, said, “We are pleased that Binance has been awarded an In-Principle Approval in the…

Read More