CAIRO: Egypt has started paying off dues owed to foreign oil and gas companies operating in the country, the government said on Tuesday, with sources saying that up to $1.5 billion had been set aside for the payments. A cabinet statement said the payment process that had already begun accounted for about 20 percent of arrears owed to the companies,.
MOSCOW: Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that it was “extremely hard to believe” that Daesh would have had the capacity to launch an attack on a Moscow concert hall last Friday that killed at least 140 people. At a briefing with reporters, Zakharova instead doubled down on Moscow’s assertions, for which it has not yet provided.
UNITED NATIONS: UN humanitarian chief Martin Griffiths is stepping down for health reasons after nearly three years of trying to tackle mounting humanitarian crises in Ukraine, Gaza and Africa, the United Nations announced Monday. UN Secretary-General António Guterres praised Griffiths “for his tremendous leadership and service to the United Nations and the humanitarian community in advocating for people affected by.
The transaction is set to be one of the largest private equity exits and M&A deals in the pharmaceutical sector in Africa over the last twenty years· DPI, BII and EBRD, founding investors of KELIX bio, have entered a binding agreement to fully exit their inv.