Sudan uprising

Russia to start financing industrial zone construction in Egypt from 2022

Russia will start financing construction of the industrial zone in Egypt and is considering the use of such format in other countries, First Deputy Minister of Industry and Trade Vasily Osmakov said, Arab Finance reports citing TASS News agency. “We will start funding construction of the Russian industrial zone in Egypt from the next year. […]

Kenya eyes taxing crypto transactions amid market meltdown

The government in Kenya, where about 8.5% of the population owns cryptocurrencies, has drafted a bill to tax crypto transactions in all exchanges in the country, even as the global crypto market undergoes a mass meltdown. The Capital Markets (Amendment) Bill, 2022 would allow for the taxation of crypto exchanges, digital wallets and transactions. Crypto […]

Libya: Haftar forces free seized vessel with Turkish crew

Eastern Libyan forces, aligned with retired military General Khalifa Haftar, have released a vessel flying a Grenada flag with a Turkish crew seized few days ago amid tensions between eastern Libyan authorities and Ankara. The vessel arrested on Saturday off Libyan coast was allowed on Monday to resume its journey to Alexandria, Egypt, where it […]