International Agreements

ADFD has allocated an AED 11 billion aid package to Ethiopia
17 June 11:14 AM ADFD allocates AED 11bn aid package to Ethiopia
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, …
Japan’s total crude oil imports declined 8.8% in April
31 May 12:02 PM Kuwaiti crude oil exports to Japan rise 14% in April
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 …
The GCAA supports the open-skies policy
27 May 04:35 PM UAE initiates air services agreement with Kiribati
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 …
Photo Archive
23 May 05:17 PM Egypt receives $200m for energy efficiency
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 …
The agreement was signed by the Egyptian investment minister and the Spanish ambassador
23 May 04:23 PM Egypt, Spain agree new grant
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 …
The Russian Direct Investment Fund will discuss means of boosting Saudi investments in Russia.
21 May 05:48 PM RDIF to discuss boosting Saudi investment in Russia
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 …