Egyptian, Saudi, Jordanian, Djiboutian, Yemeni and Sudanese naval forces began on Tuesday joint exercises in Saudi’s Red Sea waters, according to an Armed Forces statement. The drills, which focused on naval warfare mobilization, are part of a strategy of cooperation between the participants to exchange expertise, the statement notes. Xinhua also has the story.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…