First Independent Mena Newspaper
The Public Investment Fund (PIF) of Saudi Arabia launched the Saudi-Egyptian Investment Company (SEIC) that will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals. The fund in a statement said SEIC is interested in the country’s promising sectors including infrastructure, real estate development, healthcare, financial services, food and agriculture, manufacturing, […]
Lebanon has called on the European Union to cooperate on a roadmap for the gradual return of Syrian refugees to their country. “Lebanon is going through an unprecedented economic and social crisis in its modern history, under which 80% of the Lebanese are living under poverty line,” the Foreign Ministry said in a statement. The […]
The Saudi national carrier Saudia launched Thursday its first direct flight to Zurich in collaboration with the Air Connectivity Program, which aims to connect the kingdom to its main target markets, state-run news agency SPA reports. The inauguration took place at King Khalid International Airport in Riyadh in the presence of the Ambassador of Switzerland […]
Saudi Arabia has posted a SR77.9 billion ($20.8 billion) budget surplus during the second quarter of 2022, representing 16 percent increase over the same period last year. The finance ministry said the state’s total revenues during the same period amounted to over SR370.4 billion, up 49 percent year-on-year, while expenditures stood at SR292.5 billion. Oil […]
Director General of National Security and Territorial Surveillance, Abdellatif Hammouchi, held a meeting, Tuesday in Rabat, with the Inspector General of the Israeli police, Yaakov Shabti, that focused on cooperation relations in the security field. The Israeli official is on a working visit to Morocco at the head of a large security delegation. The visit […]
The management of Al-Makassed Charity Hospital in Al-Quds, the largest hospital in Palestine, commended Morocco for its support for the health sector in Al Quds city. The hospital management expressed, in a statement released Wednesday, its thanks and gratitude to Morocco for its generous and continuous support to al-Makassed hospital, through the Bayt Mal Al […]
Saudi Arabia has submitted an official bid to host the 2029 Asian Winter Games in NEOM’s futuristic sport city of Trojena, the kingdom’s state-run press agency SPA reported on Wednesday. The bid includes a letter of interest to the Olympic Council of Asia (OCA) and a summary of the Saudi Vision 2030 which will support […]
Turkish President Recep Tayyip Erdogan, Tuesday, met up in Ankara with Speaker of the House of Representatives, Aqila Saleh, and member of the Presidential Council, Abdullah Al-Lafi to discuss the situation in Libya where Turkey wields a sway. Al-Lafi on Twitter said the meeting with the Turkish President dealt with political developments, noting that the […]
Kuwait’s Emir on Tuesday issued a decree to dissolve parliament while Crown Prince Meshal Al-Sabah was presented a new Cabinet team by Prime Minister Ahmed Nawaf Al-Ahmad. Meshal Al-Ahmad Al-Jaber Al-Sabah, Kuwait News Agency (KUNA) reported, said the dissolution of parliament came “because of practices and actions that threaten national unity.” The date of the […]
Libyan Parliament Speaker Aguila Saleh travelled to Turkey Monday to seek rapprochement with Ankara to break the political deadlock in the oil-rich country which currently has two rival governments. The head of the Turkish-Libyan Friendship Group, Ambassador Ahmed Yildiz received Saleh, Al Wasat news website reports. Saleh will meet a number of senior Turkish officials […]