Abu Dhabi – Mubasher: The Abu Dhabi Fund for Development (ADFD) announced that it has allocated AED 11 billion ($3 billion) in an economic aid package to Ethiopia. Both Mohammed Saif Al Suwaidi, director general of ADFD, and Teklewold Atnafu, …
Mubasher: Kuwaiti crude oil exports to Japan have increased by 13.7% year-on-year to 8.77 million barrels in April or by 239,000 barrels per day (bpd), hitting the highest level in three months, according to recent government data. Kuwait, the …
Abu Dhabi – Mubasher: The UAE has initiated an air services agreement (ASA) and a memorandum of understanding (MoU) with the Republic of Kiribati. Both parties agreed to undertake the final signature of the ASA before the end of 2018, according to …
Cairo - Mubasher: The Egyptian government and the European Bank for Reconstruction and Development (EBRD) has agreed on a $200 million financing package for major investments in energy efficiency and refurbishment of the oil refinery owned by Suez …
Cairo - Mubasher: Egypt and Spain signed on Wednesday a new grant agreement from the Spanish Agency for International Development Cooperation (AECID) The EGP 3.2 million grant will be in support of the third phase of the Ministry of Justice’s …
Mubasher: The head of the Russian Direct Investment Fund (RDIF) Kirill Demitriev on Monday said that the fund was looking to discuss means to boost Saudi investments in Russia. The talks will be held with Saudi Arabia’s energy minister Khalid …
