A Turkish company will invest $700 million in an Iraqi steel plant to upgrade its production capacity to 1 million tons per year. Under the 18-year deal with the Iraqi ministry of Industry and Minerals, the Turkish company will rehabilitate and develop the iron and steel plant located in the Khor Al-Zubair, in Basra, that […]
Tag: Kuwait
ALECSO Declares Algeria’s Constantine Arab Cultural Capital
The 21st General conference of the Arab League Educational, Cultural and Scientific organization has come to an end in Tunis. The meeting between the members of the organization ended with resolutions being put forward in areas deemed necessary. Among its final recommendations figured the necessity to uplift the educational system in member countries especially in […]
Mauritania to Build Highway with Kuwaiti Loan
The Kuwait Fund for Arab Economic Development (KFAED) has issued a loan of over $35 million for the construction of a 135 km highway in Mauritania that will link Nema to Fasala Nere, near the Malian border. The project that will also link the Port of Nouakchott to the border crossing at northwestern Mali will […]
MENA under another cyber attack
Cyber attacks are becoming rampant in the MENA region after another discovery of a related program to the flame named as “miniflame”. The software is capable of executing more precise attacks on targets and has already affected almost 50 “high-value” machines according to a Kaspersky Lab research report. The behavior of Miniflame is described as […]



