OIC 50th anniversary

Algeria to hold referendum on new constitution

Algeria will hold on November 1 a referendum on the new draft constitution, which grants more power to the parliament and the Prime Minister following several months of protests that led to the partial overhaul of the previous regime. The Presidential office announced the date Monday following a meeting between the President and the head […]

Riyadh-based Tamara platform raises $100m in Serie B around

Gulf buy now, pay later (BNPL) Tamara platform said on Monday it raised $100 million in a second round of fundraising from investors, including Sanabil Investments, which is owned by Saudi Arabia’s sovereign wealth fund PIF, Reuters reports. The funding will help the company expand in new markets and provide customers with new products and […]

Nigeria: Death toll rises to 76, scores missing in boat capsize tragedy

The death toll from a boat accident, which occurred when the vessel carrying passengers capsized in Nigeria’s southeastern state of Anambra last Friday has risen to 76, with dozens reported missing. Officials said the locally made boat was carrying 85 people who were on their way to a local market when it developed an engine […]