IHC Food Holding acquires controlling stakes in Abu Dhabi Vegetable Oil Company

IHC Food Holding, a subsidiary of International Holding Company (IHC), has acquired 75 per cent of Abu Dhabi Vegetable Oil Company (ADVOC), IHC has announced, Zawya reports. The conglomerate did not provide details on the operation but indicated that the Read more

Kuwait expels two Egyptians for financing Lebanese powerful movement Hezbollah

Kuwait’s Interior ministry has deported after interrogation two Egyptians charged for providing financial support to Iran-backed and Lebanese powerful movement Hezbollah, blacklisted terrorist organization by several western countries, reports say. The two Egyptians not identified, were considered threat to the Read more

Fuel Crisis in Lebanon Means Potential ‘Humanitarian Catastrophe’, Senior UN Official says

Reliable fuel and electricity supply are urgently needed in Lebanon to avert a potential “humanitarian catastrophe”, the top UN aid official in the country warned on Tuesday. Morocco’s Najat Rochdi, UN Humanitarian Coordinator for Lebanon, said fuel shortages are threatening Read more