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Author: Steven Sahiounie
The commander of the Iranian Islamic Revolution Guard Corps’ Quds Force in Lebanon and Syria, Brigadier General Mohammad Reza Zahedi, was killed in an Israeli attack that targeted the Iranian consulate in Syria in the al-Mazzeh neighborhood, Damascus, Syria, on Monday afternoon, Syrian and Iranian state media reported. Iranian state television confirmed that the aggression targeted the Iranian consulate building and the residence of the Iranian ambassador in Damascus. It later confirmed that the Quds Force Commander in Lebanon and Syria was killed in the attack. In further details, the Iranian state television said that the Israeli attack targeted the residence…
President Mahmoud Abbas Monday evening received a congratulatory phone call from US Secretary of State Antony Blinken. During the phone call, Blinken congratulated President Abbas on forming the new government, headed by longtime presidential economic adviser Mohammed Mustafa, and they discussed the latest developments in the Palestinian arena, including efforts aimed at halting the Israeli aggression on Gaza. President Abbas stressed the need to halt immediately the Israeli aggression on the Palestinian people, particularly in Gaza, and the importance of expediting the entry of medical and food supplies and supplying water, electricity and fuel to the whole of the Gaza…
The cabinet has approved carrying on the initiative supporting the industrial and agricultural sectors’ projects, Minister of Finance Mohamed Maait stated.
Small and medium Enterprise (SME) sectors in the UAE have moved from a stage of resilience to prosperity after the Covid-19 pandemic, with two out of three expressing a positive view of the future business environment in the country, according to RAKBank SME Confidence Index.
The UAE capital’s GDP reached AED1.14 trillion ($310 billion) in 2023, according to The Statistics Centre – Abu Dhabi.
The Saudi drilling services provider ADES Holding Company is planning to complete the drilling of six production wells within the second half (H2) of 2024 at an oilfield affiliated to Egypt’s General Petroleum Company (GPC) in the Gulf of Suez’s Ras Ghareb region, an official told Al Arabiya Business.
The acquisition is part of Invictus Investment’s long-term strategy to expand its geographic presence in key African markets, develop new strategic partnerships, and acquire specialised know-how and operational capabilities in downstream segments
Egyptian Minister of Trade and Industry Ahmed Samir has met with a delegation from Elaraby Group. The group specializes in manufacturing home appliances and is headed by Mohamed Mahmoud Elaraby, the CEO, and Mohamed Abd Elgayed Elaraby, a member of the Executive Board and Head of Operations. During the meeting, they discussed the company’s current and future investment plans for expanding into the Egyptian market.
GASC has said that it is still reviewing offers on Monday and traders said more purchases could be expected
The DoS report also highlighted that the Industrial Producer Price Index decreased by 1.84 per cent in February 2024
