China has added three new areas for investment to its Belt and Road Initiative (BRI) focusing on the African continent where it has spent billions of dollars in infrastructure. The new areas are namely industrialization, increase in agriculture investment and talent development. President Xi Jinping launched the three-pronged plan during a China-Africa leaders’ roundtable meeting […]
President of the Palestinian authority Mahmoud Abbas called for convening an international peace conference by mid-2018 to find a solution to the stalemate, describing the situation of the Palestinian people as “no longer bearable”. In an address to the UN Security Council Tuesday, Abbas slammed the US unilateral decision to recognize Jerusalem as capital of […]
Egypt plans to upgrade six oil refineries to increase local production of refined products, Petroleum Minister, Tarek El Molla, said during a conference in Cairo Sunday. The refineries refurbishment to be conducted over four years will cost about $9 billion, the official said, adding that Egypt is trying to secure crude oil supplies for Egyptian […]
