Egypt
EBRD announces profit of €2.1bn in 2023
The European Bank for Reconstruction and Development (EBRD) has announced a significant rebound in its financial performance, recording a robust profit of €2.1bn for the year 2023, up from losses of €1.1bn in 2022.
Where water stress will be highest by 2050
Water is not only the basis of life for animals and plants but is also likely to become a contested resource in parts of the world in the coming decades, reports Statista.
EU sends naval mission to Red Sea to protect shipping routes
The mission's launch comes in response to the Iranian-backed Houthis' continuous drone and missile attacks on commercial vessels.
Italy's PM Meloni unveils "Mattei Plan" for African development ahead of Italy-Africa summit
Italian Prime Minister Giorgia Meloni unveiled her long-anticipated development strategy for Africa over the weekend, floating a "non-predatory" approach aimed at fostering cooperation.
Conflicts push Suez Canal shipping down 42% in two months
The United Nations has announced a 42% drop in trade volume through the Suez Canal over the past two months