Nigeria’s inflation nears 40% on back of higher food prices

Higher food prices triggered a surge in the inflation rate to 33.9% in Nigeria in October, up from 32.7% a month earlier, the national statistics agency said. The jump was attributed to a steep rise in the prices of staples such as maize, rice, and cooking oil, the agency said. In a bid to tame […]

Egypt to present alternative Gaza reconstruction plan, Palestinians’ forced displacement rejected by all Arab nations

Egypt has announced on Wednesday February 12 that it is working on a comprehensive plan for the reconstruction of Gaza that ensures Palestinians can remain on their land, rejecting a controversial proposal put forward by US President Donald Trump that no Arab nation supports. Egyptian Foreign minister Abdelatty Badr expressed his country’s intention to cooperate […]

Qatar Petroleum to Explore Oil & Gas in Morocco

Qatar Petroleum (QP) said it will lead exploration projects of oil and gas in Morocco and Cyprus as it seeks to compensate for sluggish growth at home by expanding its liquefied natural gas (LNG) assets abroad. “You will see us going internationally with some of the partners we have in Qatar, this year and next […]