Russia’s resurrected military industrial complex is cannibalising the rest of its economy Ukraine is slowly losing the three-year conflict on the battlefield. Russia is slowly losing the economic conflict at…
Economy
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EconomyMoroccoNorth Africa
Morocco’s Aerospace Exports Surge to $2.16 Billion with 17.3% Growth in 2024
Morocco’s export performance in aerospace and automotive sectors has significantly improved in 2024, according to the Foreign Exchange Office. Aerospace exports reached MAD 21.86 billion ($2.16 billion), marking a 17.3%…
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AsiaDefenceFeaturedGlobal NewsLifestyleNewsPoliticsWorld News
Peru’s controversial ex-president Fujimori buried after national mourning
While Alberto Fujimori was hailed for crushing a leftist insurgency and boosting the economy, he was convicted of gross human rights abuses. Peru has bid an emotional farewell to its divisive…
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AsiaDefenceFeaturedGlobal NewsLifestyleNewsRussiaSri LankaUkraineWorld News
Sri Lanka ends visas for hundreds of thousands of Russians staying there to avoid war
Sri Lanka has told hundreds of thousands of Russians and some Ukrainians staying in the country to escape the war that they must leave in the next two weeks, immigration officers said. The…
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Fifty years have passed since the emergence of this narrative. And revealing this story will not benefit Egypt and compensate the country for the losses it experienced then. The Kerman…
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AfricaBusinessEconomyFeaturedGlobal NewsLibyaNews
Oil Minister: Libya recovered $2.4 billion from state financial dues in oil sector
The Minister of Oil and Gas, Mohammed Oun, said that Libya recovered about $2.4 billion from state dues in the oil sector and royalties from foreign companies seized by the…
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AfricaBusinessEconomyGlobal NewsLibyaNews
Protesters shut down Libya’s Sharara oilfield over development demands
by Deepak Mirzaby Deepak MirzaLocal protests have forced a full shutdown of production at Libya’s Sharara oilfield, which can produce up to 300,000 barrels per day, two engineers told Reuters on Wednesday. A video…
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EconomyGlobal NewsMiddle EastNewsNorth AfricaPoliticSaudi ArabiaTunisia
Saudi Industry Minister Concludes Tunisia Visit
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef concluded his visit to Tunisia, where he led the Kingdom’s delegation to the 11th session of the Saudi-Tunisian Joint Committee,…
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AsiaEconomyNewsSri Lanka
Sri Lanka, Official Creditors Seal $5.9 Billion Debt Revamp Deal
by Ag Kan Kyawby Ag Kan KyawSri Lanka struck an initial deal with a group of key official creditors, including India and the Paris Club, to restructure about $5.9 billion of debt, a key step toward…