Gasoline prices are an ongoing source of concern, frustration and debate in the United States, having topped $5 a gallon for the first time last week. But it is not the only country facing a fuel crisis. AAA reports that the national average for a gallon of regular unleaded sitsRead More →
The building and construction sector is essential to the social and economic development of any nation. It is a sector responsible for development in the field of road, rail, air, maritime transport, industrial development, construction of institutional buildings and housing. The importance of this industry cannot be overemphasized as itRead More →
Mexico City, Mexico, June 13, 2022 (venezuelanalysis.com) — Venezuela and Iran signed a 20-year cooperation agreement on Saturday during President Nicolás Maduro’s visit to the Asian country with his Iranian counterpart Ebrahim Raisi. The two-day visit to Iran is part of an overseas tour by the South American president whoRead More →
TEHRAN — Iran and Venezuela signed a 20-year cooperation agreement between the two allies subject to U.S. sanctions during a Saturday visit to the Islamic Republic of Venezuelan President Nicholas Maduro. The signing of the agreement “shows the determination of senior officials of the two countries for the development ofRead More →
A few weeks after the entry into force of the Free Trade Agreement (FTA) between India and the United Arab Emirates – a crucial market for national jewelers -, Malabar Gold and Diamonds announced on Friday that it would invest 9 Rs 860 crore over the next three years. MalabarRead More →
Petrofac (OTCMKTS:POFCY – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research rating released Thursday, Zacks.com reports. According to Zacks, “Petrofac Limited is an oil services company serving the oil and gas production and processing industry. It operates in fourRead More →
ALGIERS – Algeria’s finance minister expects the country’s gross domestic product to grow by 3.4 percent in 2022, he said on Monday. The minister, Abderrahmene Raouia, made the statement during his opening speech at the 33rd conference of Arab insurance federations in Oran in the west of the country, accordingRead More →
TEHRAN – Iranian Finance and Economic Affairs Minister Ehsan Khandouzi is attending the 2022 Annual Meetings of the Islamic Development Bank (IDB) Group held from June 1-4 in Egypt. Khandouzi met his counterparts from several countries, including Indonesia and Qatar, as well as IDB President Muhammad Sulaiman Al Jasser onRead More →
Russia’s invasion of Ukraine imposes a new definition of security on Europe and the world. We are experiencing an energy crisis, a military defense crisis, a lingering post-COVID crisis, and now ‘Putinflation’: a commodity price crisis hurt the most vulnerable. All this increases the cost of green finance, at aRead More →
Europe’s frantic search for alternatives to Russian energy has dramatically increased the demand – and the price – for Norwegian oil and gas. As the money pours in, Europe’s second-largest natural gas supplier is pushing back against accusations that it is profiting from the war in Ukraine. Polish Prime MinisterRead More →
Petrol pumps are installed in the forecourt of a Sasol Ltd petrol station. in Pretoria, South Africa on June 4, 2020. / CFP Petrol pumps are installed in the forecourt of a Sasol Ltd petrol station. in Pretoria, South Africa on June 4, 2020. / CFP Editor’s note: Thomas W.Read More →
The regulation of cryptocurrencies around the world is a constant battle for investors in a growing and ever-changing ecosystem. Various regulatory agencies around the world view digital assets in a different light that varies significantly from each other. Recently, European Central Bank (ECB) board member Fabio Panetta mentioned in aRead More →
The sanctions target Hamas’ investment office, which holds assets estimated at more than $500 million. The United States on Tuesday imposed sanctions on a Hamas financial official and a network of financial facilitators and businesses that generated revenue for the Palestinian group, the US Treasury Department said. The sanctions targetedRead More →
The term “globalization” took hold in the 1980s. It was part of the policy approach called the “Washington Consensus”, so called because it grew out of work done in Washington-based institutions such as the World Bank Group and the International Monetary Fund. Globalization referred to the lowering, if not theRead More →
Algerian state-owned oil company Sonatrach announced on Thursday that it has signed a contract with a Chinese factory for the construction of a petrochemical plant in the state of Oran, worth 76 billion Algerian dinars ($542 million). Sonatrach confirmed in a statement that the plant will produce methyl tert-butyl ether,Read More →
The Doha Film Institute (DFI) has announced the recipients of its Spring 2022 grant programme, supporting 44 projects from 33 countries in its latest funding round. Three of the recipients – Lotfy Nathan’s HarkaChie Hayakawa Diet 75 and that of Davy Chou All the people I’ll ever be – playRead More →
FinTech lender Upstart said it would not keep loans on its balance sheet that financial institutions have no interest in buying. As The Wall Street Journal reported Thursday, May 19, the San Mateo, Calif.-based company’s decision reverses its decision earlier this year to keep those loans. Upstart offers personal loansRead More →
P10 (OTCMKTS:PIOE – Get Rating) and Atlantica Sustainable Infrastructure (NASDAQ:AY – Get Rating) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, risk, valuation, dividends, profitability, earnings and institutional ownership. Volatility and risk P10 hasRead More →
New Delhi: The Center announced on Saturday that it had decided to ban the export of wheat with immediate effect in an attempt to control rising prices in the country. In its notification amending the wheat export policy, the government said there was a sudden spike in world prices whichRead More →
The German hotel brand adds a touch of ultra-luxury to the MENA region with four new hotels DUBAI: German hotel giant Deutsche Hospitality, which operates Steigenberger Hotels under its umbrella brand, plans to expand its offering in the Middle East this year with the addition of four new hotels underRead More →
The African Energy Chamber (AEC), the voice of the energy sector in Africa, in partnership with public and private sector organizations, regulatory authorities, investors and energy market players, will host a forum ahead of Africa Energy Week (AEW) (AECWeek.com), Africa’s premier event for the oil and gas sector – takingRead More →
The Polisario chose to ignore the contribution of the OPEC Fund for International Development to finance part of the second phase of the detailed preliminary studies of the gas pipeline project between Nigeria and Morocco. Algeria’s financial contribution to the aforementioned fund is the direct reason for this silence, sinceRead More →
This is a first in Tunisia. The International Forum on Corporate Social Responsibility (CSR) is being held from May 12 to 14, 2022. The event, which will be held at the Medina exhibition center located in the seaside resort of Hammamet, 66 km from the capital Tunis, will focus onRead More →
BY OPEOLUWA DAPO-THOMAS So 2023 beckons. Another election is fast approaching and everyone is fighting to be in the hall of power. The chatter about who will become the number 1 person in the field and where he or she will come from is gaining momentum. Zoning, age, religion, andRead More →
The Moroccan Minister of Economy and Finance, Ms. Nadia Fettah Alaoui, President of the African Caucus (formed of African finance ministers and central bank governors) urged the World Bank and the International Monetary Fund to rethink the financial architecture current world to deal with financing for development. needs of AfricanRead More →
Drive Facebook traffic to blogs for a fee According to Invest Small, directing Facebook traffic to blogs is one of the easiest ways to earn passive income on the social media platform. Skilled Africans who can get amazing traffic from Facebook to blogs can earn with this strategy without investingRead More →
In 2017, Emmanuel Macron came to power as France’s eighth president and the youngest leader to ever occupy the Elysee Palace, his political rise in months from a rank outsider who had never contested an election. at the head of the state was nothing but dazzling. But as he seeksRead More →
The World Bank Group’s Board of Directors has approved a new two-year Country Engagement Note (CCN) for Yemen aimed at preserving institutions that provide services to the Yemeni people and promoting food security. In a statement, the World Bank Group (WBG) said its overarching goal is to support the YemeniRead More →
Focus on China – Fall of the Bluechips; Alibaba’s Ant Group Seeks Majority Stake in 2C2P; e-com companies summoned The Chinese yuan weakened on Tuesday as expectations of sharp rate hikes by the US Federal Reserve boosted the dollar, but moderating expectations of aggressive easing by China’s central bank helpedRead More →
The European Union can diversify away from Russia into natural gas faster than previously thought, Italian Prime Minister Mario Draghi said over the weekend. In an interview with Corriere della Sera, Draghi noted an agreement from Italy to increase natural gas shipments from Algeria and said “diversification is possible andRead More →
The Ministry of Gender, Labor and Social Development has been named the most gender-responsive government agency, according to a report by the Equal Opportunities Commission (EOC).The report, which assesses all government ministries, departments and agencies (MDAs) in terms of aligning their budgets to gender and equity issues, saw the MinistryRead More →
The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. European news you deserve to read. welcome to Capitals by EURACTIV. Today’s edition is powered by MedTech Europe.MedTech Forum 2022 – One month to goRead More →
TUNIS — History teaches us that in 2010-2011, the rise in commodity prices, particularly wheat, was one of the main causes of the uprisings that spread across the Arab world. Today, the conflict between Russia and Ukraine is testing many global economies dependent on wheat imports, especially in North Africa.Read More →
Shocking footage from the Ukrainian town of Bucha and war crimes charges against Russia are pushing for more sanctions against Moscow. A key potential target: Russian oil and natural gas, and the 850 million dollars (775 million euros) that European importers pay every day for these supplies. But it’s notRead More →
(Bloomberg) – The European Union has said it will hold Russian authorities accountable for alleged atrocities in northern Ukrainian towns occupied by Kremlin forces. Bloomberg’s Most Read French President Emmanuel Macron said there were clear signs of war crimes in Bucha, a town on the outskirts of kyiv. Ukraine’s governmentRead More →
An Algerian man has been released from Guantánamo Bay and sent home after spending nearly 20 years in the detention center, the Pentagon announced on Sunday. Why is this important: The repatriation of 48-year-old Sufyian Barhoumi was approved under the Obama administration, when a review panel determined in 2016 thatRead More →
“In Africa, we have adopted a targeted strategy and continue to strengthen our position where the characteristics of the market correspond well to our strengths and the desired conditions in terms of development and risk management,” said the BNP Paribas head office in France. Officially, the leading French banking groupRead 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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
DGAP-News: Basler AG / Tag(s): Preliminary results28.02.2022 / 10:19 The issuer is solely responsible for the content of this announcement. Company NewsProvisional turnover / annual balance sheet Preliminary turnover for 2021 and new medium-term planning for 2025:In 2021, Basler experienced growth in line with its forecasts and closed the yearRead More →
DUBAIWATER, February 23, 2022 /PRNewswire/ — Finastra today announced its partnership with DataGear, a leading provider of banking and financial services in Egypt, to enable corporate banks to streamline core operations, automate compliance and reduce costs. DataGear will provide its customers with solutions from Finastra, Fusion Corporate Channels and FusionRead More →
News Clint Chan Tack 10 hours ago Prime Minister Dr Keith Rowley with National Security Minister Stuart Young during a post-Cabinet press briefing at St Ann’s Diplomatic Centre. PHOTO BY SUREASH CHOLAI Prime Minister and Energy Minister Stuart Young held high-level energy talks on the sidelines of the sixth GasRead More →
DUBAI: The late British novelist Agatha Christie – known as the ‘queen of crime’ – was a woman of extraordinary talent. Although she had no formal education as a child, she taught herself to read at the age of five and, at the time of her death, aged 85 inRead More →
Investment oi-Roshni Agarwal | Posted: Wednesday February 16th 2022, 05:50 PM [IST] Shares of small cap company – Va Tech Wabag, with an 8.04% stake held by Rakesh Jhunjhunwala, surged in trading as high as 15.59%. Later, the action at the close ended with gains of 8.75% at Rs. 321.75Read More →
Cryptocurrency regulation has been controversial since the launch of Bitcoin in 2009. The legal status of cryptocurrencies varies from country to country and can even change drastically in a single country. For example, India went from a complete ban to regulation and then to restrictions. Most of the cryptocurrency bansRead More →
Lebanese officials hold talks over border dispute amid anger over port blast BEIRUT: Lebanese officials began internal talks on Thursday in preparation for a response to US envoy Amos Hochstein, who urged them to settle a maritime border dispute with Israel. Hochstein passed on ideas to move forward the negotiations,Read More →
Cryptocurrency regulation has been controversial since the launch of Bitcoin in 2009. The legal status of cryptocurrencies varies from country to country and can even change drastically in a single country. For example, India went from a complete ban to regulation and then to restrictions. Most of the cryptocurrency bansRead More →
The African Union (AU) yesterday suspended its debate on Israel’s status as an observer state. A group of countries have been calling for a vote for a few months on a decision taken last July by the chairman of the AU Commission, Moussa Faki Mahamat, to grant such a statusRead More →
Stanley Achonu Posted February 5, 2022 One of the key lessons Africa has learned from the COVID-19 pandemic is that it is high time for the continent to manufacture its own vaccines. Vaccines are the first line defense to prevent tuberculosis, poliomyelitis, measles, diphtheria, whooping cough, tetanus, hepatitis B andRead More →
Never before in the last half-century has the healthcare landscape in Africa seen so much change and so much interest. In fact, the health care sector in Africa would be worth an estimated $259 billion by 2030. While these trends reveal a lucrative opportunity for the private sector, if notRead More →
(Bloomberg) – As fears of a Russian invasion of Ukraine leave the West searching for more natural gas shipments, an energy-rich country on Europe’s doorstep seems an obvious port of call . Bloomberg’s Most Read Algeria, a major gas supplier to Italy and Spain and the European Union’s biggest sourceRead More →
By Hiran H. Senewiratne The CSE started February on a low note with both indices down, despite a healthy level of turnover. The stock market started its daily trading on a negative note yesterday and this trend continued through the end of the day with massive profit taking seen inRead More →
Start each business day with our analyzes of the most pressing developments affecting markets today, along with a curated selection of our latest and most important news on the global economy. ESG is no longer a buzzword. As investors increasingly base their decisions on today’s environmental, social and governance challenges,Read More →
Recasts with annual oil import TOKYO, January 31 (Reuters) – Japan’s crude oil imports rose 0.5% to 2.49 million barrels per day (144.66 million kiloliters) in 2021 from a year earlier, marking the first increase in nine years, according to preliminary data released by the Ministry of Economy, Trade andRead More →
The energy crisis of recent months and the tensions over Ukraine have reignited the question of relations between the West and Russia. A question which, as far as the European Union (and beyond), revolves mainly around gas. Yes, because despite repeated calls to reduce dependence on Moscow, Russian gas stillRead More →
The Tunisian government is putting increasing pressure on local financial institutions to fund the 2022 national budget as the country struggles to secure foreign loans to fill the project’s $2.8 billion budget shortfall. The decision is revealed by Ahmed El Karm, a board member of theRead More →
As the pandemic has hit African economies hard, the IMF predicts a strong recovery that will catalyze increased investment in projects With $2.4 billion in major projects planned or underway, including approximately $1.1 billion in projects in progress, Africa offers substantial opportunities for project companies and investors. The continent isRead More →
Quality is a real concern for a customer who buys any product in the market. When I was a young child, I remember accompanying my mother to bazaar where there were toys for sale. As is the need of children, I had sought out one of those very toys toRead More →
With presidential and legislative elections fast approaching, France is facing substantial and unprecedented change at home. Right-wing discourse, whose roots were strengthened under the presidency of Nicolas Sarkozy between 2007 and 2012, has gained popularity in the country. At the time, Sarkozy raised the question of French “national identity” inRead More →
Blues defenseman Justin Faulk clearly doesn’t want to play games in Canada right now. (Photo by Patrick McDermott/NHLI via Getty Images) Blame Canada. That was the message from St. Louis Blues defenseman Justin Faulk, who wasn’t too happy to end his team’s trip with games in Vancouver and Calgary onRead More →
Cryptocurrencies should be banned: this is the verdict of the Bank of Russia, the country’s central bank. This casts a chill over the crypto space, which has driven the adoption of mainstream digital assets. In a report, the institution says cryptocurrencies are volatile and widely used in illegal activities suchRead More →
Russia is considering becoming the latest country to ban cryptocurrency due to a series of concerns over its impact. Russia is considering a complete ban on cryptocurrency due to concerns about the environmental impact and also the ability of users to evade financial regulations. According to a report by theRead More →
RESERVE Bank of Zimbabwe Governor John Mangudya has improved in performance indicators and ranking of authoritative world central bankers by US magazine Global Finance earning a C- in 2021 compared to a D in the previous year, according to the latest edition of the publication. Global Finance is an AmericanRead More →
Cash flowCOVID-19[female[feminineDigital credit productsToday This facility will allow Quartix to meet the increased demand for affordable digital credit products that provide U.S. customers and their eligible vendors the flexibility to make payments or collections whenever they want, regardless of payment terms. Covid-19 has drastically boosted demand for this flexibility amongRead More →
Thirty years after its creation, funds intended to tackle Africa’s peace and security priorities have still not been used. Given the impact of conflicts on the continent and the role of the African Union (AU) in managing these crises, the Peace Fund is arguably one of the most important initiativesRead More →
Bitcoin has been controversial since its inception in 2009, as have the cryptocurrencies that followed in its wake. Although widely criticized for its volatility, its use in nefarious transactions, and for the exorbitant use of electricity to mine it, Bitcoin is seen by some, especially in developing countries, as aRead More →
Home »Health» News 24 | Behind the Scenes of Muhammad Al-Owais’ Rejection of Al-Ahly and Al-Nasr’s Offer for the Sake of Al-Hilal’s Eyes January 10, 2022 Saudi Professional League 2021/2022 January 11, 2022 championship season Saudi Al Faisaly vs Saudi ahli18:05 Saudi tai vs Hilal from Saudi Arabia3:40 p.m. EnglishRead More →
Kosovo has completely banned crypto mining across the country, which in turn has seized hundreds of mining rigs in the southeastern European country. (Photo: Photographic illustration by Edward Smith / Getty Images)LONDON, ENGLAND – MAY 30: In this photo illustration a visual representation of the Bitcoin cryptocurrency is shown onRead More →
Ooredoo announced the appointment of Ahmad al-Neama as Group Regional CEO, Bilal Kazmi as Group Commercial Director and Eyas Assaf as Executive Director, Performance Management, effective January 1 2022.Al-Neama has worked at Ooredoo for almost two decades, holding leadership positions, most recently as CEO of Indosat Ooredoo where he excelledRead More →
Cryptocurrencies Like Bitcoin Are ‘Apolitical’, Financial Expert Says More than two million adults in the UK are believed to hold cryptocurrencies such as bitcoin. The figure has risen sharply over the past decade, with the crypto world opening up to average workers in recent years through apps like Coinbase andRead More →
By Karin Strohecker LONDON (Reuters) – A deadly uprising in Kazakhstan sparked by rising fuel prices is a powerful reminder of the struggle governments face in trying to limit public subsidies on fossil fuels as expensive energy has fueled the inflation. Most countries have measures in place to protect consumersRead More →
By Tom Kool markets look increasingly bullish as analysts argue that Omicron’s impact on global oil demand will be limited. Rigs by basin for December 31, 2021 Graph of the week Debt contracted by the energy companies of Gult Persian Gulf energy companies borrowed $ 30.5 billion in 2021, accordingRead More →
Ibrahim Radi Al-Radi was appointed Ambassador of Saudi Arabia to the Kyrgyz Republic in April 2021. He has held many positions at the Ministry of Foreign Affairs since his arrival in 1989, including Director General of Public Services and Director General of Archives and Archives. He was second secretary andRead More →
-President Hichilema (left) receives the Instruments of Power from Mr. Lungu during his inauguration ceremony at the National Heroes Stadium in Lusaka. By JOWIT SALUSEKI – As the country bids farewell to 2021, it’s time to take a look at the highlights that have made the headlines. With COVID -19Read More →
Strong points Standards potentially favorable to American gas exports Upcoming review of country plans, emissions data Market pressures keep US LNG use high Following increased attention to methane emissions at the United Nations Climate Change Conference in Glasgow, the challenge will turn to implementation efforts by countries and companies, withRead More →
Sharjah24 – WAM: Morocco celebrated its national day at Expo 2020 on Sunday with the visit of Aziz Akhannouch, Prime Minister of the Kingdom of Morocco, an impressive aerobatic demonstration by the Moroccan patrol of the Green March and a performance by the one of the most prominent in theRead More →
Tunis / Tunisia – Minister of Social Affairs Malek Ezzahi and Algerian Minister of National Solidarity, Family and Status of Women Kaoutar Krikou have agreed to hold the third meeting of the joint sectoral committee for social security in early 2022. This The meeting will see the signing of theRead More →
Algiers – Prime Minister and Minister of Finance Aïmen Benabderrahmane said on Thursday that the launch of the electronic payment service thanks to the interoperability between the Algerian Post and the Interbank Network will allow more than 10 million holders of Electronic Payment Card (CPE ) to benefit from theRead More →
Bank ABC in Jordan launches ‘Clinic Finance Loan’ product for doctors Page content Amman, Jordan: As part of its continued efforts to meet the needs of all groups of its clients, and driven by its belief in the importance of the medical sector in Jordan, Bank ABC in Jordan recentlyRead More →
Posted on December 21, 2021 at 3:13 PM by The maritime executive The British government is under pressure to facilitate the recovery of the anchor of the unfortunate liner Empire Wind Rush, which has become a historical symbol of Caribbean migration to the UK. Almost seven decades after the EmpireRead More →