Latest Arab Business News Online
Malawi wants renewed access to the International Monetary Fund’s Extended Credit Facility, or ECF, after a two-year halt.In 2020, the IMF canceled a planned $70 million in loans to Malawi after it came to light that former president Peter Mutharika gav…
ABIDJAN— The African Development Bank (AfDB) Group’s board of directors announced that it approved a $1.5 billion facility to help African countries avert a looming food crisis in the continent.In a statement, the bank said with the disruption of food …
Mastercard and fintech giant OPaytoday announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa.The colla…
A cursory Google search for “rosewood furniture China” brings up plenty of sites selling the luxury item, but most buyers are likely unaware that their treasured table or chair could be the product of a rampant illegal trade in the protected tree speci…
Published by Reuters UK By Kate Abnett BRUSSELS (Reuters) -The European Commission on Wednesday unveiled a 210 billion euro plan for Europe to end its reliance on Russian fossil fuels … Read More
Published by Reuters UK By Mark Trevelyan LONDON (Reuters) -Russian Foreign Minister Sergei Lavrov said on Saturday that Moscow was the target of “total hybrid war” by the West but … Read More
Published by Reuters UK By Nina Chestney LONDON (Reuters) -Russian gas flows to Europe via Ukraine fell by a quarter on Wednesday after Kyiv halted use of a major transit … Read More
The Cameroon-headquartered Bank of Central African States (BEAC) has urged the Central African Republic (CAR) to annul a law it passed in late April that made the cryptocurrency Bitcoin legal tender. The bank warned in a letter made public last week th…
