DUBAI, 31st March, 2022 (WAM) — The BIE Day Awards Ceremony was held yesterday, during which the recipients of the Expo 2020 Dubai Official Participants Awards were announced. Held on the eve of the closing of Expo, the awards ceremony also included the awarding of BIE medals, celebrating all thoseRead More →
Fassin argues that in recent decades seemingly leftist governments have taken up these battles and allied themselves with the right. Last fall, Macron’s education minister, Jean-Michel Blanquer, founded the Laboratoire de la République, a government-organized think tank intended to promote the ideals of secularism, proclaiming that “the veil in itselfRead More →
DUBAI: The empowerment of women in leadership positions around the world continues to lag behind, with too few governments taking steps to encourage women leaders, says a senior UAE minister. Ohoud Al-Roumi, Minister for Development in the Government of the United Arab Emirates, made the statement during a session titledRead More →
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TUNIS, March 29 (Reuters) – The European Union plans to lend Tunisia 450 million euros ($500 million) to support its budget and invest 4 billion euros in the coming years as the country of North Africa is seeking international assistance to deal with an impending public finance crisis. Speaking afterRead More →
WTO slashes global trade growth forecast; US consumer prices accelerating — Macro Snapshot RIYADH: The impact of the Russian-Ukrainian war pushed up consumer price levels in the United States last month, as the cost of gasoline hit record highs, squeezed incomes in the Great Britain despite unemployment falling to itsRead More →
The European Union announced on Tuesday that it would lend Tunisia 450 million euros ($500 million) to support its budget as the North African country faces a looming public finance crisis for which it seeks an international bailout. Speaking after a meeting with Tunisian government officials in Tunis, EU EnlargementRead More →
Cape Town, South Africa – In September 2012, when Akinwumi Adesina was Nigeria’s Minister of Agriculture, the country experienced one of the worst floods on record. The flood engulfed 30 of Nigeria’s 36 states, killing 363 people and displacing more than two million others. The floods washed away farmland, homesRead More →
Eleanor Roosevelt’s ship • CaixaBank acted as financing coordinator, insurer and sustainability agent by managing the syndicated loan for an amount of 80 million euros. • The financing price will be calculated based on two environmental indicators. • The shipping company Baleària acts as a global reference in terms ofRead More →
RIYADH: The empowerment of women in the Saudi labor market is accelerating with the ambitious goal of increasing women’s contribution to the Kingdom’s overall economy to 28%. The Shoura Council has enacted a number of laws and proposed amendments to other regulations to protect women’s rights, including initiatives to reduceRead More →
JTwelve hours after his forces attacked Ukraine last month, Russian government officials and senior soldiers in South Africa gathered at a comfortable residence in the city of Pretoria for a cocktail party to celebrate Defenders of the Russian homeland. The host was the Russian Ambassador, Ilya Rogachev, and his guestsRead More →
DUBAI: Women-led startups in the Middle East and North Africa are getting a boost with a new initiative to provide them with the guidance, funding and mentorship they need to grow. She Wins Arabia is a collaboration between the World Bank’s International Finance Corporation (IFC) and Abu Dhabi Global MarketRead More →
JERUSALEM: US Secretary of State Antony Blinken was in Israel on Sunday for a “historic” meeting with Arab countries that have normalized relations with the Jewish state under the US-brokered Abraham Accords. Blinken, who arrived in Tel Aviv on Saturday evening, will meet his counterparts from Israel, Morocco, Egypt, BahrainRead More →
Africa continues its trajectory as a growth market for investment migration in 2022, says Amanda Smit, managing partner at Henley & Partners South Africa. The citizenship planning firm has recorded an overall increase of 18% in applications from African citizens seeking alternative residency and citizenship over the past 12 months.Read More →
CAPE TOWN, South Africa (AP) — Mohamed Salah had his say this time as Egypt beat Sadio Mane’s Senegal 1-0 in the first leg of Friday’s World Cup qualifiers. Salah’s first shot in Cairo blasted off the crossbar, hit Senegal defender Saliou Ciss and came on to give Egypt aRead More →
growers and exporters from around the world came together for an online webinar to analyze the impact of the Russian-Ukrainian conflict last week. The event was organized by Asoex, Freshfel Europe, Southern Hemisphere for Fresh Fruit Exporters (SHAFFE) and Simfruit. Nelli Hajdu, general secretary of SHAFFE, said exporters in theRead More →
IMF Chief Calls Inflation ‘Current Danger’ for World; economic growth is expected to slow — Macro Snapshot RIYADH: The International Monetary Fund and the World Bank predicted slow growth in the global economy and the MENA region. The war in Ukraine is prompting the International Monetary Fund to cut itsRead More →
With a war on the doorstep of the European Union, global grain supplies are now facing shocks not seen in decades. Today, Russia and Ukraine together account for 29% of the world’s wheat supply. As the escalating conflict between Moscow and Kyiv has further heightened the threat of food insecurity,Read More →
The country profile “Country Reports: 12 Month Subscription Service” has been added to from ResearchAndMarkets.com offer. This 12-month subscription service allows you to view all reports in the publisher’s online reader and download PDFs. You’ll receive email updates when a new report is released, keeping you up-to-date across a wideRead More →
BELGRADE: Since 2004, Brussels-based Mophradat has been an invaluable source of support for artists from the Middle East. Previously operating as the Young Arab Theater Fund (YATF), the organization was instrumental in creating some of the first independent theaters in the Arab world. It evolved into its current form inRead More →
Photo by Majdi Fathi/NurPhoto via Getty Images “There are only nine meals between humanity and anarchy,” observed American journalist Alfred Henry Lewis in 1906. More than a century later, his words have new relevance as the war in Ukraine wreaks havoc on plantations. Recent precedents are concerning. In 2010, RussiaRead More →
Eni SPA E announced a major oil and gas discovery with Sonatrach in Algeria’s gas-rich Berkine Nord basin. The discovery is located in the Zemlet el Arbi concession in the Algerian desert. It is operated by Eni and Sonatrach. The latest discovery is estimated to contain 140 million barrels ofRead More →
Thousands of workers and students have taken to the streets of cities across Sudan to protest against soaring food and fuel prices. Food prices are 100-200% higher than a year ago and inflation is 250%. In the capital Khartoum last week, protesters were met with tear gas and stun grenadesRead More →
The future of industrial real estate: trends for 2022 and beyond The shock of COVID-19 has revealed the fundamental importance of industrial and logistics real estate around the world. This report explores key trends that will influence how occupiers, investors, and developersRead More →
President Bill Clinton joined virtually for a conversation with Ziv Aviram at the event – Discussing entrepreneurship, leadership and thoughts on our ever-changing world DUBAI – March 22, 2022 – The Aviram Family Foundation has partnered with Forbes to organize the inaugural “Aviram Awards – Tech for Humanity” event andRead More →
The Union for the Mediterranean (UfM) supports this prize and is part of the jury. The young local entrepreneur in the Mediterranean will be chosen on November 28, 2022 during Mediterranean Day and on the sidelines of the next plenary session in Arlem. The winner of the award will succeedRead More →
RIYADH: Saudi ports saw growth in car imports amid rising cargo tonnage during the first quarter of 2022, according to official statistics. The first three months of the year saw an increase in the number of cars by 12.85% with a total of 219,488 cars, according to data released byRead More →
The Union for the Mediterranean (UfM) has announced the 4th edition of the ARLEM Prize for Young Local Entrepreneurs in the Mediterranean. ARLEM, or Euro-Mediterranean Regional and Local Assembly, is a convention created in 2010 by the European Committee of the Regions (CoR) and is represented by Mediterranean partners andRead More →
Algerian cinema has enjoyed great visibility at Cannes over the past decade, with titles that have caused a stir, including that of Karim Moussaoui Expect Swallows, Chez Mounia Meddour papicha and Amin Sidi-Boumediene Abu Leila. French-Algerian director Damien Ounouri hopes to continue the trend this year with his first featureRead More →
PARIS (AP) – Algeria has recalled its ambassador to Spain to protest against Madrid’s support for a Moroccan project for the autonomy of Western Sahara. The former Spanish colony is disputed between Morocco and the Algerian-backed Polisario Front independence movement. Algeria has condemned Spain’s “sharp reversal”, saying in an officialRead More →
Indonesian President Joko Widodo held talks with Egyptian Foreign Minister Sameh Shoukry in Jakarta on Friday. The two sides agreed to strengthen bilateral economic and development cooperation and discussed several topics of common interest. A cabinet statement revealed on Friday that Shoukry handed Widodo a letter from President Abdel FattahRead More →
(Bloomberg) — Algeria, Spain’s biggest supplier of natural gas, has recalled its ambassador to Madrid for consultations after the Spanish government sided with Morocco in a North African territorial dispute. Friction over the status of Western Sahara could cause problems for Spain at a time when countries in Europe seekRead More →
Reyes Maroto shares the fate of all Spanish tourism ministers. As a consequence of not being a minister solely dedicated to tourism – she also has trade and industry – and of not having a tourist training (almost unheard of), Maroto is an easy target for a media that tendsRead More →
Using data from the World Population Review, Business Insider Africa compiled a list of the top 10 African countries with the most military personnel. Which African country has the biggest army? Well, to answer that, we need to consider the three commonly measured categories of military personnel: Active military: SoldiersRead More →
Mixta Africa, an African property development and infrastructure company, has announced its roadshows in the UK to showcase its luxury and affordable homes in Lagos New Town and Abuja, Nigeria to the African Diaspora in UK. This presents a unique investment opportunity in Nigerian real estate or finding a homeRead More →
03/15/2022 LOC17:07 14:07 GMT Inauguration of the Arab Forum for Sustainable Development in Beirut BEIRUT, March 15 (KUNA) — The United Nations Economic and Social Commission for Western Asia (ESCWA) on Tuesday launched the Arab Forum for Sustainable Development titled (Recovery and Resilience 2022) in theRead More →
Roman Abramovich appears to be on a mission to get his assets out of Europe as sanctions tighten. His £430million superyacht Solaris is heading south, apparently towards Turkey, after docking in Montenegro on Sunday. Previously, he was in a repair yard in Barcelona – and had he remained there, heRead More →
Ukraine’s economic output is expected to contract by at least 10% this year, according to the International Monetary Fund, as the Russian invasion causes widespread destruction. In an updated report, completed on March 7 and released on Monday, the IMF warned that Ukraine will face a “deep recession” this year,Read More →
• As countries ban food, the export of raw materials• At over 700 naira a litre, as diesel becomes scarce, businesses struggle to maintain operations• War between Ukraine and Russia will make hunger crisis harder to tackle, says Olawale-Cole After months of relief from soaring inflation, Nigerians may need toRead More →
MILAN (AP) — Italian paper mills that make everything from pizza boxes to furniture wrappers have ground to a halt as Russia’s war in Ukraine sent natural gas prices skyrocketing. And it’s not just paper. Italian steelworks also turned off electric furnaces last week. And fishermen, faced with huge oilRead More →
RIYADH: The Saudi Real Estate Refinance Co., which is wholly owned by the Public Investment Fund, has successfully completed its SR10 billion ($2.7 billion) sukuk program. The first tranche of the national sukuk program was launched in March 2021, offering dual tenors of seven and 10 years to Saudi investors.Read More →
By Adedapo Adesanya To further establish the Buy Now, Pay Later (BNPL) model in Nigeria, Lagos-based startup Klump has raised $780,000 in pre-seed funding to help it launch its flagship product with partners. selected, offering BNPL solutions to clients and businesses. The new product name Pay with Klump will useRead More →
By Ron Bousso and Stephen Jewkes LONDON (Reuters) – Eni and BP have reached an agreement to merge their oil and gas businesses in Angola, the groups said on Friday, confirming what sources previously told Reuters exclusively. The deal will create a company called Azule Energy which is expected toRead More →
Taking place March 4-10 in Luxor, the festival screened over 45 films from 35 countries in its many competitive categories. 10 films were screened in the Long Narrative Competition. The jury for this competition included director Moussa Touré (Senegal), director Yousry Nasrallah (Egypt), director Apolline Traoré (Burkina Faso), critic KamalRead More →
Mauritania and Morocco held their 8th Joint High Commission, during which the officials of the two countries expressed their firm will to unlock the prospects for bilateral cooperation. The event was co-chaired by Moroccan Prime Minister Aziz Akhannouch and Mauritanian Prime Minister Mohamed Ould Bilal in Rabat on Friday. SpeakingRead More →
SCF is a financing technique used by a number of different businesses, primarily producers, trading houses and lenders. Commodity producers can benefit from the SCF by receiving financing to ensure cash flow is available for maximum production with the intention of repaying the loan once exports begin. The Structured CommodityRead More →
As the international economy groaned under the impact of the pandemic and a contraction in global GDP of 3.60%, Egypt celebrated a world record growth rate above 3% in both 2020 and 2021 The Egyptian government has received the expected praise from the government in Washington. based financial temples, whichRead More →
Will the debate on “megacentres” delay the legislative elections in Lebanon? BEIRUT: The Lebanese government is expected to make a decision on Thursday on whether to create so-called megacenters to facilitate citizens’ voting in the country’s upcoming legislative elections. The purpose of these facilities, favored by President Michel Aoun, isRead More →
Breadcrumb Links Local News The union says Hydro employee Lazhar Zouaïma was targeted because of his political beliefs. Author of the article: “We support our colleague, his wife and his family in their quest for justice,” declared the president of the CUPE union in the Montreal area, Francis Rondeau. PhotoRead More →
By Nabil FrikManaging Director for Africa and the Middle East, British Arab Commercial Bank (BACB) In a resource-rich continent with dynamic population growth, African countries have nevertheless been hit hard by the pandemic, resulting in significant losses in gross domestic product (GDP). And the road to recovery is still strewnRead More →
Deputy CEO – Deputy CEO, Seib Insurance and Reinsurance Elias Chedid (left) and Chief Underwriting Officer – Medical and Life, Seib Insurance and Reinsurance Nadia Basbous Doha: Compulsory health insurance will positively contribute to Qatar’s economy. With 2 to 2.5 million expatriates joining the scheme, the country’s health insurance sectorRead More →
DUBAI: Abu Dhabi Investment Authority, or ADIA, one of the world’s largest sovereign wealth funds, has cut dozens of jobs over the past year as part of a billion dollar cost-cutting program dirhams ($272.29 million), two sources told Reuters. The cost savings will help Abu Dhabi’s sovereign wealth fund, whichRead More →
HAMBURG/PARIS – Algeria’s national cereals agency OAIC bought between 500,000 and 570,000 tonnes of milling wheat on Friday, expected to come mainly from South America and the Black Sea region as part of a call for tenders. international offers, announced European traders. No sales of French wheat were reported. TheRead More →
LAGOS, Nigeria, March 4, 2022/APO Group/ — The following is a statement from AIPS Africa President and AIPS Vice President, Mitchell Obi: “I think the decision taken by the chairman of Rugby Africa to host the Rugby World Cup African qualifiers in provincial France, rather than keeping them on theRead More →
BEIRUT: Hour-long queues outside petrol stations have returned to Lebanon, as supplies of cooking oil and flour in shops dwindle amid growing fears of a food security crisis. Citizens told Arab News: “We have seen on social media that a new crisis is unfolding. We arrived at the supermarket toRead More →
The United Nations Volunteers (UNV) program has developed an interactive online toolkit to promote gender equality through volunteering in national policies and frameworks, to help policy makers and practitioners think through how volunteering can support efforts towards gender equality and women’s empowerment. It is available on the UNV Volunteers KnowledgeRead More →
CALIDA Holding AG / Key word(s): Annual results 04-March-2022 / 07:00 CET/CESTPublication of an ad hoc announcement pursuant to Art. 53LRThe issuer is solely responsible for the content of this announcement. Press release CALIDA GROUPad hoc announcement under article 53 LRSursee (Switzerland), March 4, 2022 2021 annual accounts:CALIDA GROUP achievesRead More →
The President of the Algerian Chamber of Commerce and Industry, Tayeb Chaibab, underlined that the nature of the partnership with the State of Qatar is part of what he described as “integration”, stressing that new investments will be the subject of preliminary studies to ensure their implementation according to theRead More →
As Africa’s digital economy grows and startups continue to raise record funds, the demand and supply for software developers is growing across the continent. Foreign software companies are taking notice and the space is heating up. This article was contributed to TechCabal by Conrad Onyango/Bird Stories Agency Four in 10Read More →
Allali is a leadership coach and a member of the San Diego Union-Tribune Community Advisory Board. Mark Conrad lived in San Diego for 38 years, but was born into a large Mennonite farming family during the Great Depression in Oregon. He was raised to take the commandments of God veryRead More →
The axiom space is go where no private space company has gone before: the International Space Station. On Monday, February 28, the company detailed the AX-1 mission, the first-ever private mission to the ISS, currently scheduled to launch March 30 aboard a SpaceX Falcon 9 rocket. But Axiom wants toRead More →
Egyptian President Abdel Fattah al-Sisi arrived in Kuwait on February 22 where he held talks with Kuwaiti Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah and Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al -Sabah, as well as with officials. Discussions focused on ways to successfully organize an Arab League summit in AlgeriaRead More →
Jhis walk could be madness, and not just in the college basketball sense. There’s a lot going on this month that could affect your finances: a thorny tax season is looming, the Federal Reserve is expected to raise interest rates, and there are financial deadlines to watch out for. Here’sRead More →
Algerian energy planners and innovators will find a unique opportunity to showcase their work in transitioning to renewable energy; Middle East Energy (www.MiddleEast-Energy.com) 2022 live and in-person will take place at the Dubai World Trade Center from March 7-9. According to Azzan Mohammed, director of next Middle East Energy Dubai’sRead More →