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Libya: Daesh jump-starts offensives on Libya’s oil region, second day offensive in row
IS Tuesday carried out a second day offensive on Libya’s vital oil terminals prompting national oil company to call for help saying IS’s control of the oil region will cause fall of the Libyan state. The Jihadist group pushed further Tuesday on the Libya’s coastal region housing the country’s vital oil terminals. The terrorist group […]
Sudan faces imminent famine as war rages
Nearly 750,000 people are on the brink of starvation in war-torn Sudan, where the conflict between rival army factions aggravates the humanitarian situation, the global authority on famine said. The war left nearly half Sudan’s 48 million population suffering from hunger in areas including the capital Khartum, according to the latest figures from the Integrated […]
Egypt’s Central Bank Cuts Key Interest Rates by One Percentage Point
The Central Bank of Egypt (CBE), on Thursday, 25 December, announced a 100-basis-point reduction in its key interest rates, marking its fifth rate cut this year as policymakers respond to easing inflationary pressures. In a statement, the CBE said its Monetary Policy Committee lowered the deposit rate to 20 percent, the lending rate to 21 […]



