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Breaking News Thu, 15 May 2008
A traffic jam at sunset on one of Cairo's bridges spanning the Nile River
(photo: AP / Enric Marti)
Egypt's economy soars; so does misery
USA Today
Updated  | Comment  | Recommend | | | By David J. Lynch, USA TODAY CAIRO — Four years into a robust economic expansion, this country has shaken off its history of sleepy Arab state socialism and embraced the market. A rush of construction is throwing up office buildings as f...
Bono   (rhubie)
(photo: Creative Commons / Adrienne Wenner)
Money raised for Africa 'goes to civil wars'
NZ Herald
| Irish rock star and anti-poverty activist Bono and his band U2 were last year outed as tax-evaders. Photo / Reuters | Billions of dollars raised for African famine relief by celebrities Bono and Bob Geldof have instead funded civil war across the continent, says terrorism expert Dr Loretta Napoleo...
Reps Reject Proliferation of Accountancy Bodies
All Africa
The House of Representatives Wednesday kicked against the proliferation of multiple accountancy bodies in the country as it rejected a bill seeking to establish the Chartered Institute of Management Accountants of Nigeria. | ...
Intercontinental Bank Branch Network to Hit 500
All Africa
The group chief executive of Intercontinental Bank Plc, Dr. Erastus Akingbola, has predicted that the branch network of the bank which stands presently at 300 would hit 500 before close of the year. | ...
JV Funding - NNPC Gets FG's Approval to Raise Funds From Capital
All Africa
Nigeria National Petroleum Corporation (NNPC) has secured the approval of the Federal Government to raise funds from the capital market to finance the nation's Joint Venture (JV). | ...
Seven Finance Ministry Employees Fired for 'Dishonesty'
All Africa
Seven employees of the Department of Revenue and Expenditure at the Ministry of Finance have been dismissed with immediate effect for acts of "dishonesty in the conduct of government business," a statement from the ministry said. | ...
Sylvania Aims for Early Listing to Raise Project Funds
All Africa
AIM and ASX listed junior platinum producer Sylvania Resources will work hard towards applying for a listing on the JSE "sooner rather than later", says CEO Terry McConnachie. | ...
YEMEN: ICRC appeals for more funds as IDP numbers rise
IRINnews
web | Photo: WFP SANAA, - The International Committee of the Red Cross (ICRC) has appealed for an additional US$8 million to help it respond to the increasing needs of civilians affected by fighting in the northern governorate of Saada. | The appeal ...
EGYPT
GFDL / Steve F-E-Cameron
UAE pumps US$4 billion in Egypt's tourism sector
TravelVideo
> | The UAE has pumped US$4 billion into the vibrant Egyptian tourism sector, accounting for 30% of total Arab tourism investment in Egypt, a senior Egyptian official has disclosed...
 An Iraqi refugee at the UNHCR office in Jordan´s Ruwaished camp. Fifty-three of the 150 Palestinians who were living in the isolated desert camp at the beginning of December 2006 were resettled to Canada at the end of that year. Another ten have be
UNHCR/P.Sands
IRAQ: Local aid groups support UNHCR appeal for more funds
IRINnews
web | Photo: M.Bernard/UNHCR BAGHDAD, - Local aid organisations on 12 May joined the UN Refugee Agency (UNHCR) in appealing to international donors for US$127 million to help Iraqi...
PETRON - GASOLINE STATION - FUEL - PETROLEUM - OIL - KEROSENE - DIESEL
WN / Renzelle Mae Abasolo
Oil eases towards $125 on stronger dollar 
Business Day
PERTH - Oil fell today, after topping $126 a barrel last week, as the market focused on a stronger US dollar and put aside supply worries for now. | US light crude for June deliver...
Pension Fund to Hit N1.68tr in 2039, Says Commission
All Africa
By the year 2039, the National Pension Fund is expected to generate not less than N1.68 trillion. | ...
Strong Signs of Record Rice Production
All Africa
Rice production in Asia, Africa and Latin America is forecast to reach a new record level in 2008, FAO said today, warning that world rice prices could remain high in the short term, as much of the 2008 crops will only be harvested by the end of the ...
First Bank to Deploy Customer Identification System
All Africa
The First Bank of Nigeria Plc is set to deploy the latest Customer Identification System (CIS) across all its branches nationwide from Nirph Digital West Africa Limited, a leading information technology company in Nigeria. | ...
Forex
PETRON - GASOLINE STATION - FUEL - PETROLEUM - OIL - KEROSENE - DIESEL
(photo: WN / Renzelle Mae Abasolo)
Oil eases towards $125 on stronger dollar 
Business Day
PERTH - Oil fell today, after topping $126 a barrel last week, as the market focused on a stronger US dollar and put aside supply worries for now. | US light crude for June delivery fell 54 cents to $125,42 a barrel. It struck a new record high of $126,27 on Friday, thanks to fuel supply concerns and a rush of speculator buying. | London Brent crud...
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