MOGADISHU, Somalia (AA) – The number of children facing dire drought conditions across Ethiopia, Kenya and Somalia has more than doubled in five months, according to the UN Children’s Fund (UNICEF). In a statement, UNICEF said that around 20.2 million children are now under threat of severe hunger, thirst and disease compared to 10 milli...
MOSCOW (AA) – Moscow will prohibit oil supplies to countries that will join the price cap on Russian oil, a government official has said. “This decree (on retaliatory measures announced by President Vladimir Putin) implies a ban on the supply of oil and oil products to those countries and those legal entities that will require […]...
MOGADISHU, Somalia (AA) – The United Nations Food and Agriculture Organization (FAO) urged fully funded and sustained life-saving and livelihood support in Somalia on Tuesday to pull residents from the brink of famine. The UN agency said large-scale investments for resilience and rural livelihoods are “urgently” needed to break the hunge...
KARACHI, Pakistan (AA) – The World Bank on Tuesday approved $1.692 billion in financing for the rebuilding of the flood-hit areas of southern Pakistan. “World Bank’s Executive Board today approved $1.692 billion in financing for five projects to support people living in flood-affected areas of Sindh Province in Pakistan,” an ...
ANKARA (AA) – The International Monetary Fund has approved a $3 billion loan for Egypt under a 46-month program under the Extended Fund Facility (EFF). In a statement, the IMF said the arrangement under the Extended Fund Facility (EFF) includes the immediate disbursement of $347 million. “The package includes a durable shift to a flexibl...
ISTANBUL (AA) – Egypt has discovered a large natural gas reserve in the Nargis block in the eastern Mediterranean, according to the local media. Evaluation is still ongoing to determine the gas field’s reserves, Petroleum Minister Tarek El Molla was quoted as saying by local media. It is the most significant finding after the discovery [...
ALGIERS, Algeria (AA) – Algeria’s gas exports have hit a record high of 56 billion cubic meters in 2022, according to a government official. Miloud Medjelled, the director general at the Energy Ministry, told the official media that gas exports are likely to increase in the coming year. Medjelled pointed out that authorities are seeking [&hell...
ISTANBUL/MOSCOW (AA) – Russian President Vladimir Putin has called the European Union’s policy on gas prices “madness” and rejected all claims against Moscow on the matter. At a meeting of the country’s Council for Strategic Development and National Projects on Thursday, Putin accused Western countries of declaring an &...
ISLAMABAD (AA): Pakistan and Tajikistan on Wednesday inked a string of agreements and memorandums of understanding (MoUs) in the fields of trade, development, industries, and science and technology. The agreements were signed in the presence of visiting Tajik President Emomali Rahmon and Pakistan’s Prime Minister Shehbaz Sharif in the capital ...
ANKARA (AA) – The Bashar al-Assad regime has accused the US and PKK/YPG of “stealing” oil and natural gas in Syria, claiming that its total loss in the field of energy has reached $111.9 billion. “Foreign and Expatriates Ministry affirmed that the US occupation forces and their affiliated militias continue their systematic lo...
