african_lion_2020

Sudan: Inflation eases nationally, soars in conflict-hit North Darfur, economic outlook remains grim

Sudan’s Central Bureau of Statistics has reported a modest easing in the country’s annual inflation rate, which stood at 142.82% in May, down slightly from the previous month. Urban inflation dipped marginally to 146.30%, while rural areas experienced a more pronounced drop to 141.84% from 163.73%. Although the national rate remains alarmingly high, the overall […]

Turkey: “We were instructed to bomb state institutions”, arrested IS militants reveal

Two IS militants confessed to Turkish security forces they received orders to bomb government buildings including the Turkish parliament and courthouses, reports say. Turkish Cumhuriyet daily quoting security sources indicated that the two IS militants known as Musa Canöz (28) and Adnan Yıldırım (40) arrested on December 30, revealed that they were instructed by a […]

Egypt to build $228 mln facility to turn rice straw into wood

Egypt will set up a facility to convert rice straw into wood in a bid to limit air pollution resulting from burning the straw. The $228 million plant, located in the Nile Delta’s Beheira Province, will produce 205,000 square meters a year of medium-density fiberboards (MDF), using technologies developed by German engineering firm Siempelkamp. The […]