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Zimbabwe’s new mining royalty rule: 50% commodities and 50% cash

Miners operating in Zimbabwe will have to pay some of their royalties in refined metal rather than cash, as the country will hold reserves of gold, diamonds, platinum and lithium, says President Emmerson Mnangagwa. Zimbabwe’s president said the new policy that compels miners to pay half of their royalties in commodities and half in cash […]

Jordan : Regional tensions prompt King to reactivate Defense Ministry

Jordan has decided to increase its security alert level by activating its defense ministry. The order came from His Majesty King Abdullah II as part of a move to assure that the military will be in a position to defend the Kingdom in case it comes under attack from the different militias in the region. […]

COVID-19: UAFA to slash Mohammed VI Champion Cup prize money

The Union of Arab Football Associations, UAFA, organizer of the Mohammed VI Champions Cup, will scale down the prize money for the championship as result of the covid-19 pandemic economic impact. The competition, suspended in March due to travel restrictions because of the pandemic, will soon resume, Abdulaziz bin Turki Al Faisal reportedly said last […]