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Egypt: decline in Hermes profits
One of the biggest investment bank in Egypt has reported an 18.8 % decline in its net profit for the first nine months which fell to 232.1 million Egyptian pounds ($38 million) from 286 million pounds. EFG Hermes made this announcement in report of its third quarter consolidated financial results. EFG Hermes said its net […]
World Refugee Day 2023: AU highlights African refugees facing perilous journeys
As the world commemorates the World Refugee Day this June 20, the African Union (AU) has reminded that the refugee problem continues to be a persistent challenge on the African continent due to complex factors, perhaps most notably conflicts and political instability affecting parts of Africa. Countries in the Middle East and North Africa region […]
Colombia Reaffirms Severing Ties with Polisairo
The Polisario separatist movement has received another slap from Latin America as Colombia made it clear that it has severed ties with the Algerian-backed militia. Colombia has “neither diplomatic representation nor ambassador” with the Polisario separatist entity, RASD, Colombian foreign ministry said. The government of Colombia “has frozen”, for several years, its recognition of the […]



