A 25-year old Moroccan seeking asylum in Austria has been arrested for membership with a terrorist group planning attacks for end of 2016, reports say. The man was arrested Monday near the German border small town of Fuschl, in a small center for asylum seekers, French AFP reports. The young man is accused by the […]
Egypt’s Orascom Construction Industries (OCI) said shareholders had approved its offer to acquire its ordinary shares listed in Cairo in exchange for cash or OCI shares listed in Amsterdam. Shortly after the report, the company’s shares rose 1.7% to 267.86 Egyptian pounds at the close in the capital, the strongest since January 22nd. The stock […]
Majority of oil trade routes are now at least five times longer as supplier and buyer dynamics have changed dramatically after the Western sanctions imposed on Russia over its invasion of Ukraine, raising the prospect of increased emissions. Most pre-war oil trade routes that took 5-6 days prior to the Russia-Ukraine war can now take […]
