noor_midelt

Egypt: Deadline postponement affects NSGB

The decision of the regulator of the Egyptian market to push further the deadline of the sale of stakes of Qatar National Bank (QNB) has led to the slump of Egypt’s National Société Générale Bank (NSGB) and it has made an impact on the Cairo bourse while leaving the Gulf markets mixed in lackluster trading. […]

Sudan: “Quintet” Urges Immediate Halt to Conflict, Demands Protection of Civilians

Five international organizations, collectively known as the “Quintet,” on Wednesday, called for an urgent cessation of military escalation in Sudan, warning against the use of increasingly destructive methods of warfare. The Quintet—comprising the African Union, Intergovernmental Authority on Development, League of Arab States, European Union, and United Nations—expressed deep concern over the worsening humanitarian situation, […]

Mauritania’s Sidi Ould Tah elected ninth president of the African Development Bank Group

Sidi Ould Tah of Mauritania was elected this Thursday President of the African Development Bank Group at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Sidi Ould Tah will succede Nigerian Akinwumi Adesina at the helm of the AfDB. Tah was elected by the Bank’s Board of Governors, comprising Finance and Economy Ministers or […]