Sri Lanka bombings

Saudi Arabia shelves plan to take over United Bank of Egypt over disagreement with Cairo

Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, Reuters reports citing two sources familiar with the matter. The pause is unprecedented in the spree of investments done by the Gulf country in […]

Mauritania-WB: nearly $5 million earmarked to preserve the environment

The Mauritanian government received nearly $5 million from the World Bank to back up its environmental protection and ecosystem preservation policy. The donation worth $4.8 million was given by the World Bank’s world Funds for environmental protection. The donation related agreement was signed last week in Nouakchott by the World Bank permanent resident in Mauritania […]

Libya Signs Health Cooperation Deals with Germany’s GIZ

The Ministry of Health under the Government of National Unity in Libya has signed two cooperation agreements with the German Agency for International Cooperation (GIZ), aimed at strengthening healthcare delivery and improving the national health system. The agreements were formalized during a signing ceremony in which the Ministry’s Undersecretary for Hospital Affairs underscored the importance […]