Bouteflika

Kuwait appoints first ambassador to Iran in more than six years

Kuwait has named an ambassador to Iran more than six years after it recalled its top envoy to Tehran in solidarity with Saudi Arabia which had severed ties with the Islamic Republic in 2016. Bader Abdullah Al-Munaikh handed copy of his credentials to Iranian Foreign Minister Hossein Amirabdollahian in Tehran on Saturday, Iran’s foreign ministry […]

IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]

South Sudan fuel tax blocks vital UN trucks

South Sudan has held up UN fuel trucks over a tax dispute, leaving scores facing aid shortages in the country where three quarters of the population risks famine. The trucks were denied entry at a border passage with Uganda until the tax is paid, despite earlier assurances from the South Sudanese government that UN aid […]