Category Archives: Business

Worldwide Major Arms Sales Remain Flat but Middle East Increases Imports

International deliveries of arms were flat in the period from 2016 to 2020, ending more than a decade of increases, the Stockholm International Peace Research Institute (SIPRI) said in a report on Monday.The United States, France and Germany, three of …

In 1st Day on Job, New WTO Chief Pushes for Fisheries Deal

The new head of the World Trade Organization threw her support behind long-fruitless efforts among member countries to agree on fisheries subsidies that could reduce overfishing, calling the efforts a top priority as she took office on Monday. Director…

Ancient Mass Production Brewery Uncovered in Egypt

Archaeologists have discovered a 5,000-year-old brewery that could produce thousands of liters of beer in the ancient Egyptian city of Abydos, Egypt’s Tourism and Antiquities Ministry said. The site in Egypt’s Sohag Governorate likely dates back to the…

Kenyan Women Dominate Top Manufacturing Jobs

A survey by the Kenya Association of Manufacturers shows that women are dominating the east African country’s top mechanized jobs, although men still own most businesses and have better paying jobs. Easter Kojwang is a businesswoman who started her own…

To Benefit from Aid, Sudan Must Enact Tough Economic Reforms Quickly, Economist Says

Sudan’s transitional government must start moving quickly on tough, economic reforms to stabilize the economy if it wants to benefit from pledges of support offered by its international partners, said one U.S.-based analyst. On Thursday, the United Ki…

Mozambique: Nyusi Inaugurates Beira Green Park

Maputo — Mozambican President Filipe Nyusi on Saturday inaugurated a “Green Park”, covering 45,000 square metres, in the heart of the central city of Beira.The park cost 17 million euros (about 20.7 million US dollars), financed by the Mozambican gover…