IMO

Violence in Mozambique triggers mass displacement as aid falters

A fresh wave of brutal attacks by armed groups in northern Mozambique has displaced at least 46,667 people in late July, compounding an already dire humanitarian crisis in the Cabo Delgado province, UN agencies reported. The violence, concentrated between 20 and 28 July across Chiúre, Ancuabe, and Muidumbe districts, has driven total displacement this year […]

Egypt: Orascom Telecom neared stock market delisting

Egyptian stock markets began the week in a state of stagnation with almost no news to inspire the local market. However, one of the big icons of its market, Orascom Telecom Holdings was nearly taken out of the exchange list after almost 10% of its shareholders were bought out. The delisting of the telecommunication firm […]

Air pollution costs MENA region $141 billion annually, WB warns

The Middle East and North Africa region (MENA) suffers from excessive air pollution whose cost amounts to $141 billion annually, or around 2% of GDP, the World Bank said in a report released on Monday, urging the region to adopt a green economic policy. The report, titled “Blue Skies, Blue Seas: Air Pollution, Marine Plastics, […]