The International Monetary Fund (IMF) called on states across the Middle East and North Africa to curb their dominance over their local economies, one of a brace of proposals it said would boost the region’s sluggish growth. “Leveling the playing field between public and private firms is a key priority," Managing Director Kristalina Georgieva said Sunday in a statement. Georgieva also called for greater participation of women in the workforce and using green investments as an engine of job creation. The region’s tax systems may also need redesigned to widen their bases and “reduce distortions," she said. Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!"

October 16, 2023 01:37 UTC

Armed clashes, targeted attacks resulting in killings, armed extortion, and arbitrary arrests are frequently reported. In Akwaya subdivision of the Manyu region, over 875 persons have been forced to flee due to targeted attacks by non-State armed groups (NSAGs). During those attacks, NSAGs killed four people, injured 25 others, and burned 33 houses and seven motorbikes. A new wave of acts of violence against humanitarian workers negatively impacted the humanitarian response, especially in the North-West. Besides the siege by pro-English separatists, Cameroon is beset by an insurgency by the Islamist Boko Haram from neighbouring Nigeria.

October 16, 2023 01:15 UTC

The Rugby World Cup 2023 in France has reached the semi-final stage with the remaining teams two wins away from getting their hands on the Webb Ellis Cup. After four quarter-final encounters which witnessed duels between Northern and Southern Hemisphere sides, only England remain of the teams from the global North. The second semi sees a repeat of the 2019 final between England and South Africa. England staved off a spirited fightback from Fiji to make it through to the semi-finals, with the holders edging out hosts France by the narrowest of margins. Argentina are the only remaining team not to have won the World Cup before.

October 16, 2023 00:01 UTC

Visitors exchange ideas on the wind turbine project at the clean energy exhibition area during the China-Arab States Expo in Yinchuan, Ningxia Hui autonomous region, on Sept 22. What is more, Arab countries are learning from China's efficient strategies for economic recovery and progress, he said. A shining example of China-Arab States cooperation is the China-aided Mauritania Livestock Technology Demonstration Center, a vibrant oasis amid the sprawling desert. "Mauritania's livestock industry acts as a cornerstone of the country's economy," said Zhang Hong'en, the center's director. In pursuit of sustainable solutions, Chinese experts like Zhang have been heading to Mauritania since 2015 to introduce soil improvement techniques and implement innovative water-saving irrigation methods.

October 15, 2023 22:57 UTC

A tropical depression is “likely to form” in the next few days from a system expected to move west toward the central tropical Atlantic, National Hurricane Center forecasters said Sunday. Odds were higher in earlier forecasts Sunday, in which the potential formation of a tropical storm this week was mentioned. Meanwhile, the former Tropical Storm Sean was once again a tropical depression, which was expected to fade to a remnant low late Sunday. Sean, located in the central tropical Atlantic, is forecast to dissipate late Monday. After Tammy, the remaining storm names for 2023 are Vince and Whitney.

October 15, 2023 21:07 UTC





Claim: A video shared on various platforms in Oct. 2023, authentically depicted tourists watching a volcano erupt in Iceland. Rating: About this rating True Context The video was captured in 2021 near Fagradalsfjall, an active volcano in Iceland. In October 2023, a video went viral on X and Reddit with a caption "Volcano Tourism in Iceland." We found out that, in fact, back in March 2021, the Fagradalsfjall volcano in Iceland erupted after lying dormant for 800 years. We also found websites that offered tours to the volcano eruption site.

October 15, 2023 21:03 UTC

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October 15, 2023 20:46 UTC

According to the director, musicians from different parts of the world will perform on three well-decorated stages set up for the annual musical festival. He added that the event would begin on February 9th and climax on February 11th next year. "Every year we welcome artists from different parts of Africa to express their cultural heritage through music. It has always been vibrant and exciting seeing artists perform and the audience celebrating the beauty of cultural diversity among them. "About 400 artists from different parts of Africa applied to snatch a spot in a 21st edition of Sauti za Busara line-up.

October 15, 2023 17:46 UTC

Foundation for Peace Professionals also known as PeacePro at the weekend said about 70 per cent African nations are more peaceful situations than United States of America. Hamzat also outline the five major observation of the Africa Peace Insight. “Africa Peace Insight concluded with 2 major recommendations, which is to de-militarize Africa through ending all foreign military presence within a set time frame and developing a joint continental gateway to global mineral market”. According to her, the review of the Global Peace Index in the Africa Peace Insight report brought a new perspective to the report. She concluded that the Africa Peace Insight report has already started yielding results, since those participating in the program are already having a different view and perception of the continent through encounter with the Africa Peace Insight.

October 15, 2023 15:43 UTC

Expand North Star (www.ExpandNorthStar.com), the world’s largest startup showcase, kicked off today at the new Dubai Harbour venue, featuring the latest innovations in robotics, AI, and entrepreneurship. Leveraging AI/ML to Create Products that Make an ImpactAnother key session at Expand North Star was a panel discussion on using artificial intelligence and machine learning to create products that dent the universe. Expand North Star is the powerhouse start-up show of GITEX GLOBAL, the world largest tech event, which opens tomorrow (16 October) at the Dubai World Trade Centre (DWTC). Distributed by APO Group on behalf of Expand North Star. : + 971 50 149 3906gitex@bcw-global.comOn social media:Facebook: https://apo-opa.info/3ZQFJk6Twitter: https://apo-opa.info/3QekNAeInstagram: https://apo-opa.info/3trU9eiLinkedIn: https://apo-opa.info/3RYqALwYoutube: https://apo-opa.info/3RWLfj9Hashtag:#ExpandNorthStarAbout Dubai World Trade Centre (DWTC):A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to region’s leading purpose-built convention and exhibition centre.

October 15, 2023 14:47 UTC

Egypt said Sunday it plans to host a summit on “the future of the Palestinian cause” as the Israel-Hamas war raged in Gaza and US Secretary of State Antony Blinken arrived in Cairo. President Abdel Fattah al-Sisi headed a national security council meeting Sunday on the “military escalation in Gaza”, said a statement from his spokesman. Cairo also said it would host a regional and international summit on the future of the Palestinian cause, but without providing a date. ‘Security a red line’Cairo, historically a key intermediary between Israel and Hamas, the Islamist movement ruling Gaza, faces mounting pressure to allow fleeing Palestinians to enter Egypt. “Egypt’s national security is a red line and there will be no complacency in protecting it,” Cairo’s national security council said Sunday.

October 15, 2023 14:24 UTC

The UN Secretary General, Antonio Guterres, has debunked, in his new report to the Security Council on the Sahara, the thousands of communiqués released by Algeria and the “Polisario” on an imaginary war in the Moroccan Sahara. In his report, the UN Chief adamantly confirmed that Algeria is a main party to the Sahara regional dispute, as he mentioned Algeria 20 times. The UNSG also recalled de Mistura’s various visits to Algiers and his meetings with foreign ministers and senior Algerian officials, as a party to the Sahara dispute. This is also confirmed by Security Council resolutions, including 2654, which cites Algeria as many times as Morocco. The United Nations Secretary-General invited Algeria as a “concerned party” to develop and clarify its position, to advance towards a just, lasting, and mutually acceptable political solution to this dispute, in accordance with Security Council Resolution 2654.

October 15, 2023 14:18 UTC

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, cited, on Saturday in Marrakech, Morocco’s financial inclusion strategy as an example of a “comprehensive” strategy reflecting the Moroccan government’s determination. The IMF DG further called for prioritizing financial integration and stability and promoting digital and financial innovation while ensuring the collection of better data on financial inclusion which would make it possible to establish efficient policies. To remedy the situation in Morocco, the national financial inclusion strategy was launched in 2016 with the objective of targeting these excluded segments by integrating new players into the market to allow them access to financial services. Furthermore, he highlighted the crucial role of financial education at a young age and the importance of funding financial inclusion initiatives led by young people in job creation. The executive director of the Alliance for Financial Inclusion, Alfred Hannig, indicated that several studies have shown that financial inclusion accelerates economic growth, thanks to digitalization as well as policies and regulations that strengthen access to sustainable, high-quality financial services.

October 15, 2023 14:18 UTC

Morocco and Spain have agreed to mobilize €11.6 million from the Debt Conversion Program to finance reconstruction and rehabilitation projects in the areas hardest hit by the earthquake that struck Al Haouz province on September 8. As part of the exemplary relations between Spain and Morocco, and in the wake of the earthquake that hit the province of Al Haouz, the two countries confirm their desire to strengthen their cooperation based on sustainable and social development, a joint statement said. This initiative is part of the Spanish government’s desire to express its solidarity with the population of earthquake-hit areas, the statement said. The First Vice-President of the Spanish Government, who welcomed the good relations between Madrid and Rabat, praised Morocco’s good management of the earthquake, under the far-sighted leadership of King Mohammed VI. The 2030 World Cup is a “major” event of “great importance” to the citizens of both countries, Nadia Calviño said.

October 15, 2023 13:01 UTC

AEGEAN has unveiled its flight schedule for the 2023/2024 winter season with 18 new routes to 14 countries. The new winter schedule offers a range of popular destinations for the “non-summer” period (such as Sharm El Sheikh, Luxor, Innsbruck), following the success of the service to Marrakech. - Advertisement -AEGEAN’s new winter schedule reflects the increase in passenger traffic over the last nine months. The company’s financial results in the third quarter of the year were positive, as it mobilized 5.3 million passengers with a balanced growth of both domestic passenger traffic by 17% and international passenger traffic by 18%. In the January-September 2023 period, passenger traffic on AEGEAN’s international network to and from Athens “Eleftherios Venizelos” airport increased by 38%, while in the same period the increase in international passenger traffic at Thessaloniki “Makedonia” airport exceeded 45% compared to 2022.

October 15, 2023 12:18 UTC