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

Eight countries including Iran lose right to vote at UN over unpaid dues

The United Nations have suspended the right to vote of eight countries including Iran over unpaid dues, reports say. The UN Chief, Antonio Guterres in a letter to the General Assembly, said 11 countries are behind in their payments, Arab Read more

The head of Al Jazeera in Sudan has been released after 2 days in detention

Al-Jazeera’s Khartoum bureau chief, Sudanese Al-Moussalami al-Kabbachi, was released on Tuesday, the Qatari channel announced, while hundreds of arrests have taken place since the October 25 coup in this East African country. Arrested on Sunday at his home, Mr. Kabbachi Read more

Sudan-based Arab Authority for Agricultural Investment to invest $220 million in Egypt

Arab Authority for Agricultural Investment and Development (AAAID), an investment institution based in Khartoum with focus on agriculture investment, has announced plans to inject $220 million in Egypt’s agriculture sector. The funding will be allocated to the small farmers and Read more