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South Sudan: Looming civil war amid rising tensions, stalled peace efforts
South Sudan is facing a looming threat of civil war as political tensions between president Salva Kiir and vice-president Riek Machar escalate, the United Nations has warned. The fragile peace, established by the 2018 agreement, which ended years of conflict between Kiir and Machar, is at risk of unraveling as both leaders struggle to resolve […]
Egypt’s CIB receives $250 million loans from IFC for multiple purposes including green projects
Egyptian private Commercial International Bank (CIB) indicated Sunday it received $250 million from the International Financial Corporation (IFC) in form of multiple loans to be used to support its capital and fund green projects. The first loan has a value of $150 million and a 10-year term, including $90 million for the refinancing of outstanding […]
Egypt to chair Arab Labor Organization’s Board of Directors for first time in 20 years
Egypt has been elected to lead the Arab Labor Organization (ALO) as President of its Board of Directors for the 101st session, marking the first time in 20 years that the country has held this position. The presidency, which extends until October 2025, was secured during the ALO board meeting held in Cairo on Thursday. […]



