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Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. Hani Sonbol, ITFC CEO announced the agreement to Bloomberg Asharq adding that the amount includes $800 million for petroleum imports and $700 million for basic commodities. The new deal is […]
Hunger and siege: Africa’s children face catastrophic aid crisis
Millions of children across Africa are facing a life-threatening nutrition crisis as international aid cuts and armed conflict severely disrupt food supplies, several humanitarian organizations have warned. Humanitarian organizations, including Save the Children and UNICEF, are sounding urgent alarms about the growing number of malnourished children in Nigeria, Kenya, Somalia, South Sudan — and besieged […]
Morocco’s Membership in Pan-African Parliament Formalized
Morocco’s membership in the Pan-African Parliament was formally enacted at the opening of the sixth ordinary session of the pan-African body in Midrand, near Johannesburg, on Monday. Five Moroccan MPs representing the Justice and Development Party (PJD), the Authenticity and Modernity Party (PAM), the Constitutional Union (UC), the Istiqlal Party (PI) and the Popular Movement […]



