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Renault is in talks to reduce its stake in Nissan to 15%

Japan’s Nissan Motor Co. and its partner, French automaker Renault, are in talks to reduce Renault’s stake in the Japanese company from the current 43 percent to 15 percent, a source familiar with the matter said on Wednesday. It is noteworthy that Nissan controls a 15% stake in Renault. Although …

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US speeds up delivery of Nasams system to Ukraine

US National Security Council spokesman John Kirby said on Tuesday that the United States is expediting the shipment of advanced “NASAMS” air defense missile systems to Ukraine, after it was subjected to a barrage of devastating missile attacks from Russia. US President Joe Biden pledged to his Ukrainian counterpart, Volodymyr …

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An understanding between “Nafis” and “du” to employ 500 citizens in private sector institutions

The Emirati Competitiveness Council “Nafis” has signed a memorandum of understanding with Emirates Integrated Telecommunications Company “du” within the framework of the “Nafis” program, the federal program that aims to increase the presence of Emirati citizens in the workforce in private sector institutions and raise their efficiency and qualifications, and …

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Four groups have joined forces to form a real estate development company in Egypt called “The Arc” for development, with a paid-in capital of 500 million Egyptian pounds (25.39 million dollars). On Tuesday, the CEO of the new company, Osama Abu Alam, announced the official launch of the company in partnership between Al-Arjani Group, Al-Safi Group, Arabella Group, and Abdul-Maqsoud Group. He said: The new project covers an area of ​​92 acres, and it is targeted to build about one million square meters of buildings for commercial, administrative, residential and hotel purposes.

The Kingdom of Bahrain commended the good efforts made by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, may God protect him, to reach a peaceful solution to the Ukrainian crisis through dialogue and diplomatic means, noting the talks held by His Highness in Moscow with …

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