First Independent Mena Newspaper
The United States and a host of other nations are creating a new global security force ‘Operation Prosperity Guardian’ to help protect and defend ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired by Iranian-backed Houthi rebels in Yemen, US Defense Secretary Lloyd Austin announced Tuesday (19 December) […]
Egypt and Bahrain Thursday inked 13 memorandum of understanding for bilateral cooperation and agreed on 15 initiatives, in many areas, as part of moves to boost cooperation between the two countries. The deals signing took place during the first meeting of the Egyptian-Bahraini governmental committee for trade, economic, scientific, and technological cooperation, headed by Egyptian […]
The Royal Bahraini Air Force has taken delivery of a first of 16 Lockheed Martin F-16 Block 70 fighter jets in Greenville, S.C., during a ceremony held last week to mark the occasion, reported the website breaking defense, quoting a press release by Lockheed. The first batch of four aircraft are expected to actually arrive […]
Bahrain has reiterated its unwavering support for the Moroccanness of the Sahara and commended the efforts made by the North African Kingdom for achieving a realistic political solution to this regional issue, on the basis of UN Security Council resolutions. The supportive stand comes in a joint statement released Thursday in Manama following the 5th […]
The Speaker of the Bahraini Council of Representatives, Ahmed Salman Al Musallam, reiterated his country’s support to Morocco’s sovereignty over its southern provinces, as well as to its security and stability and announced his country’s plans to open a consulate in Dakhla after the one set up in Laayoune. This came during a meeting in […]
Israeli Foreign Minister Eli Cohen has announced that the next Abraham accords summit will be held in Morocco in March 2023. The U.S. had brokered in 2020 the Abraham Accords for the normalization of relations between Israel, Morocco, the UAE and Bahrain. The signatories pledge to strengthen peace in the Middle East and around the […]
Bahrain’s Al Baraka Group (ABG), one of the major Islamic banking and financing institutions, announced on Monday that it is exiting from two of its subsidiaries, Bank Al-Tamweel Wa Al-Inma (BTI) in Morocco and Itqan Capital, an investment company in Saudi Arabia. Its 43.6 pc stake in BTI will be sold to Moroccan Bank of […]
U.S. defense company L3Harris has announced a $29 million contract to provide smart weapon release systems to Morocco, Bahrain and Jordan, three allies of the United States. The L3Harris system gives F-16 pilots more firepower and expands their missions. The Bomb Release Unit (BRU)-57/A allows F-16s to carry two smart weapons on each system instead […]
The Qatar Investment Authority (QIA) deposited $1 billion at the Central Bank of Egypt (CBE) at the time the Gulf country was close to a deal to acquire a government stake in some of the major companies in the North African country, Asharq Business reports, citing informed sources. The funds, the sources told the media, […]
The International Monetary Fund, IMF, announced November 1 the re-election of Egypt’s ex-Minister of Investment, Mahmoud Mohieldine, as executive director and member of the board. Mohieldin represents a group of Arab states, namely Egypt, the UAE, Bahrain, Kuwait, Oman, Qatar, Jordan, Iraq, Lebanon, and Yemen, along with the Maldives. Following his re-election Mohieldin stressed that […]