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The Latest Breaking News from North Africa

First Abu Dhabi Makes Offer for Egypt’s Investment Bank EFG Hermes

First Abu Dhabi Bank has made an offer to buy a controlling stake in Egypt's biggest investment bank EFG Hermes that values the North African lender at $1.1 billion, a regulatory statement said.

Asharq Al-Awsat

World Bank Suggests Pricing Cost of Air Pollution in the Middle East

A World Bank report suggests pricing the cost of air pollution and reforming fossil fuel subsidies and creating markets for emissions, along with offering cleaner transportation options in the Middle East. The human and economic cost of air pollution and degraded seas and coastlines is immense, estimated to be more…

Asharq Al-Awsat

Inflation, exiting fossil fuels & navigating politics: The challenges facing the EBRD

For more than 30 years, the European Bank for Reconstruction and Development (EBRD) has been investing in countries in Central and Eastern Europe. It's since expanded into the Middle East, Central Asia and North Africa and has plans to move into Sub-Saharan Africa too. The EBRD's President Odile Renaud-Basso discussed…

France 24

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Over 31 Million People Used Uber in Middle East Since its Launch

Uber, the global taxi-hailing app, revealed on Sunday that over 31 million riders took trips using the app since its launch in the Middle East and North Africa (MENA) region. According to the “Uber MENA: 2021 in Numbers” report, 703,000 drivers in Egypt, 530,000 in Saudi Arabia and 18,000 in…

Asharq Al-Awsat

Drone Race in the Middle East

Over the past two decades, the Middle East and North Africa (MENA) region has been characterized by deep divisions, political turmoil, and inadequate governance. Geopolitical competition and increased ambitions of some countries (Iran, Israel, Turkey) were reflected in bold and unilateral foreign policies that in many cases exceeded longtime restrictions…

Asharq Al-Awsat

What next for world powers in war-torn Libya?

The presence of both Turkish and Russian forces in the North African country is deeply unsettling to European powers.

Al Jazeera

Dad explains how he'll spend £648,000 windfall from rare coin he found by accident

Retired ecologist Michael Leigh-Mallory gave up his metal detecting past time a decade ago, but last September he returned to it for a final time, after a special request from his children

Daily Mirror

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EU continues training Libyan partners despite migrant abuses

A confidential European Union military report is calling for the continued support and training of Libya’s coast guard and navy despite concerns about their treatment of migrants, a mounting death toll at sea, and the continued lack of any central authority in the North African nation

The Independent UK

Dubai to Host First Edition of the Middle East & North Africa’s 50 Best Restaurants

Middle East & North Africa’s 50 Best Restaurants 2022 announced that it will hold its first Middle East and North Africa edition in Dubai next month. Lebanon's Kamal Mouzawak, who founded Souk El Tayeb - the first farmers’ market to open in his country's capital Beirut -, was given with…

Asharq Al-Awsat

West stresses unified stance on Ukraine after Biden's 'minor incursion' remark

The United States and Western countries sought to project unity and a tough stance over Ukraine on Thursday, after U.S. President Joe Biden suggested allies were split over how to react to any potential "minor incursion" from Russia.

Reuters

Rare coin found in Devon by accident set to fetch almost half a million pounds at auction

The rare King Henry III coin, which is just under an inch in diameter but estimated to be worth £400,000, was minted in about 1257 by William of Gloucester with gold imported from North Africa

Daily Mirror

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