Morocco, Russia sign eighth fisheries cooperation agreement

Morocco and Russia have signed a new fisheries cooperation agreement, which replaces the 2016 deal that expired in March 2020. The new 4-year agreement is the 8th to be signed by Morocco and Russia since 1992. It establishes the legal framework allowing a fleet of 10 Russian vessels to fish for small pelagic species in […]

Saudi Tamer Healthcare company near acquisition of 30 per cent of Egypt’s UCP

Tamer Healthcare, Saudi leading healthcare and wellness group, is close to getting 30 per cent of shares of Egyptian United Company of Pharmacists (UCP) for a transaction estimated at $35 million, reports say. The US-based AmerisourceBergen is relinquishing 30 per cent of its 50 per cent of UCP to Tamer, a source told Asharq Business, […]

Libya: UN Calls for Humanitarian Truce, Peace Talks

The UN mission in Libya (UNSMIL) has urged all parties to observe humanitarian truce in the suburbs of Tripoli to evacuate civilians and those wounded following the military offensive launched by General Khalifa Haftar of Eastern Libya to take control of the capital. UN Secretary-General Antonio Guterres condemned on Monday the military escalation and ongoing […]