By Farah Saafan CAIRO (Reuters) – Egypt launched a national political dialogue on Wednesday that authorities said was meant to generate debate around the country’s future, though the chair of the event said several areas of discussion would be off limits. The dialogue, announced by President Abdel Fattah al-Sisi in April 2022, aims to produce …
Egypt launches national dialogue amid ongoing security crackdown Read More »
RABAT (Reuters) – Morocco’s royal palace said on Wednesday the start of the Amazigh year will be an official paid holiday much to the delight of Amazigh activists who campaigned for decades for the recognition of their calendar. Home to North Africa’s biggest Amazigh, or Berber, population, Morocco long marginalised its language and culture in …
Morocco declares start of Amazigh year national holiday Read More »
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell 4% on Wednesday, extending steep losses from the previous session after the U.S. Federal Reserve raised interest rates and as investors fretted about the economy. Brent futures settled $2.99 lower, or 4%, to $72.33 a barrel, the global benchmark’s lowest close since December 2021. Brent hit …
Oil falls 4%, extending losses after Fed rate hike Read More »
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The World Bank’s board of governors on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, ushering in an Indian-born finance and development expert to revamp the lender to tackle climate change and other global crises. Banga, 63, was nominated for the post …
World Bank board elects US nominee Ajay Banga as president Read More »
NAIROBI (Reuters) – Kenya’s opposition on Wednesday said they had suspended the latest anti-government protests planned for Thursday after reaching an agreement with the government of President William Ruto. In a statement, the opposition Azimio La Umoja (Declaration of Unity) alliance, led by veteran opposition politician Raila Odinga, said its leadership had met and “agreed …
Kenya opposition says it suspends protests after agreement with government Read More »
DUBAI (Reuters) -Aldar Properties will hold off any further investments in Egypt until conditions there stabilise, a senior executive said, as the Abu Dhabi real estate developer reported a 22% jump in first quarter profit on Wednesday. Aldar, along with Abu Dhabi fund ADQ, acquired about 85.5% of The Sixth of October for Development and …
UAE’s Aldar Properties to hold off further Egypt investments for now Read More »
JOHANNESBURG (Reuters) -The South African rand gained on Wednesday ahead of a Federal Reserve interest rate announcement that will set the tone for markets globally. At 1508 GMT, the rand traded at 18.2750 against the dollar, over 1% stronger than its closing level on Tuesday. The dollar was last down around 0.45% against six rivals. …
South African rand gains before Fed rate decision Read More »
By Giulia Paravicini NAIROBI (Reuters) – A first round of peace talks between the Ethiopian government and rebels from the Oromiya region ended with no deal, both parties said on Wednesday, amid a conflict in which hundreds have been killed and tens of thousands displaced. Rebel groups in Oromiya, which is home to the country’s …
First round of peace talks between Ethiopia and Oromo rebels ends without deal Read More »
By Aidan Lewis and Lisa Barrington CAIRO (Reuters) – Military rivals locked in a conflict that erupted in Sudan on April 15 both courted foreign backing in the years leading up to the fighting. That support could now influence the course of the power struggle between army chief Abdel Fattah al-Burhan and the leader of …
Explainer-Sudan’s conflict: Who’s backing the rival commanders? Read More »
GENEVA (Reuters) – U.N. aid chief Martin Griffiths said on Wednesday he was working on obtaining commitments by the warring parties in Sudan to protecting humanitarian assistance to ensure it can be delivered to those in need. “We will still require agreements and arrangements to allow for movement of staff and supplies,” he told reporters …
UN aid chief seeks pledges from warring sides in Sudan to protect aid Read More »
