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The return to financial health of Ras Al-Khaimah (RAK)’s Gulf Pharmaceutical Industries (Julphar) is likely to be aided by a contract to produce the Covid-19 vaccine developed by Sinopharm China National Biotec Group and Abu Dhabi-based Group 42. The latter is linked to national security adviser Sheikh Tahnoun Bin Zayed.
Issue 1125 - 06 May 2021
United Arab Emirates (UAE)
Finance & business, Energy & industry
Budget talks in Baghdad are going down to the wire over the thorny issue of allocations to the Kurdistan Regional Government (KRG). The negotiations are the latest manifestation of a long-running dispute between Iraq’s centre and its periphery that has proved stubbornly immune to resolution since the late Saddam Hussein’s Baathist regime was ousted in 2003. There is added friction in the Baghdad-Erbil standoff, with Iraqi Shia parties increasingly vexed at what they view as a resurgence of Kurdish independence hopes.
Issue 1120 - 18 February 2021
Politics, Finance & business, Energy & industry