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Finance

Finance

UAE Announces $10Bn Fund for Investments in Israel

March 12, 2021

The United Arab Emirates (UAE) announced yesterday that it was setting up a $10 billion investment fund aimed at strategic sectors in Israel. The two countries normalized relations last year in what was seen as a major triumph of the former US Presiden…

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Finance

Gaza to Open Local Markets after 5-Month Closure

February 1, 2021February 2, 2021

Gaza’s Interior Ministry yesterday said it would reopen the enclave’s local markets this week after over five months of closures. “Local markets will reopen on 7 February all week, except …

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Finance

UN Raises $1.7 Billion for Mali, Niger, Burkina Faso

October 20, 2020October 21, 2020

NEW YORK – The United Nations said Tuesday it has received preliminary pledges of about $1.7 billion for the central Sahel countries of Burkina Faso, Mali and Niger at a …

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Finance

UN FAO Pledges $70 Million to Help Sudan Families

October 1, 2020October 2, 2020

KHARTOUM, SUDAN – The United Nations Food and Agriculture Organization (FAO) has pledged $70 million to support 600,000 Sudanese families affected by severe flooding caused by record heavy rainfall this …

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Finance

ECOWAS Could Lift Mali Sanctions on Friday

September 25, 2020September 26, 2020

The 15-nation Economic Community of West African States, or ECOWAS, could announce Friday if it will lift crippling sanctions on Mali. Incoming interim Malian President Bah Ndaw is to be …

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Finance

Economists Urge New Economic System for South Sudan

September 23, 2020September 24, 2020

JUBA/GENEVA — While some South Sudanese experts recommend the government adopt a new economic system used by developing states to cut off black market currency exchange and stabilize skyrocketing prices, …

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Finance

Sudan Businesses Feel Pinch as Currency Devalues, Inflation Soars  

September 22, 2020September 23, 2020

KHARTOUM – Sudan this month  declared an economic emergency  after the Sudanese pound lost 40  percent  of its value in one month and annual  inflation jumped to 167 percent.  Sudan’s transitional authorities have struggled to …

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Finance

Japanese Ship Operator to Put $9.4M Toward Mauritius Oil Spill Recovery

September 12, 2020September 14, 2020

The operator of a Japanese-owned bulk carrier that crashed into a reef in late July, causing a widespread oil spill in Mauritius, will pay at least $9.4 million over several …

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Finance

South Sudan, Sudan Address Economic Crises

September 11, 2020September 12, 2020

JUBA / WASHINGTON – South Sudan’s central bank said Friday that it planned to ban the use of foreign currency nationwide to prevent further depreciation of the South Sudanese pound against the …

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Finance

Economic Normalization between Kosovo and Serbia

September 7, 2020September 8, 2020

The United States commends Serbian President Vucic and Kosovo Prime Minister Hoti on historic agreements they reached at the White House today, spanning a wide range of economic normalization issues. …

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Finance

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Finance

UAE Announces $10Bn Fund for Investments in Israel

March 12, 2021

The United Arab Emirates (UAE) announced yesterday that it was setting up a $10 billion investment fund aimed at strategic sectors in Israel. The two countries normalized relations last year in what was seen as a major triumph of the former US Presiden…

Gaza to Open Local Markets after 5-Month Closure

February 1, 2021February 2, 2021

Miscellaneous

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Miscellaneous

Jewish Settlers, Including Former Israeli Spy, Storm Joseph’s Tomb in Nablus

April 13, 2021April 14, 2021

A former Israeli spy Tuesday overnight joined scores of settlers in storming Joseph’s Tomb in the northern West Bank city of Nablus, according to Israeli media. Jonathan Pollard, an American …

Joint List MK Files Complaint over Israeli Police Violence

April 13, 2021April 14, 2021

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