Fishing Vessel Helen Mary

Palestine: UN seeks $100 million to meet Palestinian refugees’ needs

UN Secretary General’s spokesperson indicated Tuesday the UN Chief Ban Ki-moon has called for urgent donations to help support Palestinian refugees who are suffering from an acute shortage of assistance. The UN aid agency for Palestinian refugees (UNRWA) has raised the alarm over a shortfall of funding needed to provide aid to the Palestinian refugees. […]

Algeria’s foreign exchange reserves plunge amid drop in oil revenues

Algeria’s public debt rose to 45% of GDP while its foreign exchange reserves continue to shrink on the back of falling oil prices in international market boding ill for the social peace of a country where dissent is growing. Newly appointed Prime Minister Abdelaziz Djerad sounded the alarm bell recently while speaking to MPs about […]

Islamic Development Bank commits $297 million to Côte d’Ivoire, Gambia, and Mauritania

The Islamic Development Bank (IsDB) has approved nearly $297 million to fund major development projects in Côte d’Ivoire, Gambia, and Mauritania. The funds aim to boost job creation, strengthen public services, and drive inclusive growth. The approval came during the IsDB’s 361st Board of Directors meeting held at the beginning of this week. The financing […]