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Egypt’s Suez Canal Bank to pull out of Middle East Oil Refinery

The publicly listed company, Suez Canal Bank, says it will withdraw entirely from Middle East Oil Refinery (Midor), Zawya reports. The operation will generate $30.4 million for Suez Canal Bank as 1.27 percent stake (560,000 shares) will be sold to Egyptian General Petroleum Corporation (EGPC) at $54.7 per share. The financial service institution posted a […]

Morocco-Spain joint security operation led to arrest of two ISIS sympathizers

Morocco and Spain have conducted a joint security operation that led to the arrest of two sympathizers of ISIS, one in Nador and one in the city of Lérida. Morocco’s Central Bureau of Judicial Investigations (BCIJ), acting on information provided by the General Directorate of Territorial Surveillance (DGST), arrested on Wednesday a follower of ISIS […]

Africa should do more to monitor, respond to human rights abuses — rights group

African nations need to do more to address the widespread displacement, killings and other abuses that have come about from the continent’s many conflicts, according to a new report published this week by Human Rights Watch. The report that summarizes human rights trends in 23 African countries has found that in many countries on the […]