First Independent Mena Newspaper
Uganda’s government has passed a bill for the Uganda National Oil Business (UNOC), a state-owned oil business, to domestically buy and supply oil, thus ending its dependence on neighboring Kenya for its oil needs, thus taking its fate into its own hands. The bill is meant to terminate the present method of importing oil through […]
Benin and the Saudi Fund for Development (SFD) have discussed ways to strengthen partnership between the two sides following a meeting between SFD Chief Executive Officer Sultan Abdulrahman Al-Marshad and the West African country’s finance and economy minister Romuald Wadagni. During the meeting that took place in Riyadh, the Saudi capital hosting the headquarters of […]
Morocco, whose king Mohammed VI chairs the Al Quds committee, denounced the targeting of civilians in Gaza and urged a ceasefire that would allow for delivering urgent aid, expressing “disappointment” at the failure of the international community to put an end to this catastrophic situation. Morocco renews the expression of its deep concern following the […]
The United Arab Emirates will pump more investments in Egypt across various development sectors, the Gulf country’s minister of Investment Mohammed Al-Suwaidy has told Egyptian Premier Mostafa Madbouly. Al-Suwaidy conveyed to Madbouly UAE’s eagerness to invest in various development sectors, highlighting that the directive to do so was issued by President Sheikh Mohamed bin Zayed […]
Morocco has reiterated its urgent call at the UN for the cessation of military aggressions in the Middle East to avoid the sufferings of a conflict undermining peace and stability in the region. Addressing the special session of UN General Assembly convening in NY on the situation in Palestine, Morocco’s ambassador to the UN Omar […]
While millions of dollars are being channeled to African financial institutions as part of Chinese President Xi Jinping’s $10 billion plan for the continent, the International Monetary Fund (IMF) has cautioned African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Xi’sUS$10 billion pledge for […]
The Mufti of Libya Sheikh Al-Sadiq Al-Gharyani has urged authorities to suspend the sales of Libyan oil to countries supporting Israel in its ongoing massacre in Gaza. “Libyans must remove all European military missions from the country and cut off oil and gas sales to Western countries that are loyal to Israel”, the Mufti said […]
Leaders from the world of finance and business have convened in Saudi Arabia’s Riyadh for a three-day investment conference, issuing a warning about the many perils the world currently faces, most notably Israel-Hamas war that could widen into a regional conflict and deal a new blow to the global economy. The seventh Future Investment Initiative […]
The humanitarian assistance dispatched to the Palestinian population at the instructions of King Mohammed VI, Chairman of the Al-Quds Committee, has been distributed on Thursday at the Palestinian Red Crescent association hospital in Al-Quds. The Moroccan emergency humanitarian aid is made up of large quantities of food aid, water, and medical products. The Rabat-based Bayt […]
Japan will provide Benin with rolling stock worth $2.7 million to contribute to the fight against terrorism in the north of the West African country. The assistance was the subject of an agreement signed by Ichijo Motonbu, the interim Chargé d’Affaires at the Japanese embassy in Benin, and Romuald Wadagni, Benin’s Finance and Economy Minister […]