Sahara Energy Resources DMCC, a member of leading international energy and infrastructure conglomerate, Sahara Group, has approved a $600 million donation to support economic growth, peace process and development in South Sudan. According to reports, the facility will also support infrastructure development and youth encouragement. In a statement issued on Sunday, Temitope Shonubi, executive director […]
Former Prime Minister Ali Larayedh was handed a 34-year prison sentence by a Tunisian court for allegedly facilitating the flight of fighters to Syria, a charge he vehemently disputes. In response to what he and his Ennahdha party have described as a politically motivated prosecution, Larayedh told the judge”I was neither sympathetic, nor complicit, nor […]
Egypt has decided to call off its first debt sale after a rating cut at Standard & Poor’s raised borrowing costs and as Fitch Ratings warned against delaying an International Monetary Fund loan beyond January. The local currency is continuing on its journey of unprecedented deprecation. The sale which was supposed to take place was […]
