Media ID: 55362064
Caption:
Women loyal to the Houthis hold up weapons as they take part in a parade to show support to the insurgents in Sana’a, Yemen September 7, 2016. REUTERS/Khaled Abdullah
by Abdul Hadi Habtor | Nov 14, 2016 | Middle East
Riyadh-The Islamic Development Bank (IDB) is moving towards approving a request to extend the payment of debts of some institutions in the Yemeni Republic due to the ongoing war in the country, the Houthi rebels’ control of the public sector and the looting of the...
Media ID: 55362060
Caption:
The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas
by Mahmoud Najem | Nov 14, 2016 | Business
Cairo-The International Monetary Fund’s executive board has approved a three-year $12bn loan to Egypt to boost its economy, drop public debt, and control inflation. The IMF said its board’s approval allows for a disbursement of an initial tranche of...