Egypt, Qatar to launch joint business forum in 2023 Q1

An Egyptian-Qatari Business Forum will be launched during the first quarter (Q1) of 2023, Mubasher reports citing sources familiar with the matter. Egypt’s General Authority for Investment and Free Zones (GAFI) has been mandated to arrange the event, the sources indicated noting that the forum will be launched at the Gulf country’s recommendation. A number […]

Global food prices hit two-year high, driven by vegetable oils and meat

Global prices for key food commodities rose in July, reversing a recent downward trend, according to data released recently by the United Nations’ Food and Agriculture Organization (FAO). The FAO’s global price index averaged 130.1 points in July, a 1.6% increase from June and its highest level since February 2023. This surge was primarily driven […]

Africa’s BRICS currency dilemma: feasible alternative or definite non-starter?

Discussions among the BRICS member countries continue over the formation of a united currency that would facilitate trade between BRICS nations and decrease reliance on the ‘greenback’, though whether this ambitious plan succeeds is far from certain, many analysts say. In May, BRICS member countries India and Nigeria announced they had officially signed an agreement […]