Burundi Eco 9 million euros to help Burundian refugees

The European Union announces 9 million euros to help Burundian refugees who are in neighboring states and those who have returned voluntarily to the country. On the other hand, the WFP cuts in half the food aid intended for Congolese refugees living in Burundi EU says returnees need help reintegrating into their home community or … Read more

Oman signs a memorandum of understanding with two Japanese companies to establish a reduced iron plant in Duqm

Mubasher: The Sultanate of Oman, represented by the Public Authority for Special Economic Zones and Free Zones, signed a memorandum of understanding with two Japanese companies, “Kobe Steel” and “Mitsui & Partners Ltd.”, to establish a reduced iron plant in the Special Economic Zone at Duqm. The Economic Authority stated, according to the Oman News … Read more

Government deposits in the UAE grow 37.8% by the end of 2022

Abu Dhabi – Mubasher: The Central Bank of the Emirates said that the superiority of deposits over loans recorded at the end of last year, its highest level in seven years, with a difference of 341 billion dirhams in favor of deposits. And the bank stated in a report that the growth of deposits in … Read more

May 3… The general assembly of “Kabelat” discusses distributing 60 fils per share in cash

Kuwait – Mubasher: The General Assembly of the Gulf Group for Cables and Electrical Industries Company will discuss, on Wednesday, May 3, the Board of Directors’ proposal to distribute cash dividends of 60% of the nominal value of the share, or 60 fils per share, after offering treasury shares. And according to a statement by … Read more

Burundi Eco Air transport: Airlines suspected of unfairness to travelers

In Burundi, the transport sector remains very underdeveloped. Travelers are often victims of injustice in terms of the quality of service offered to them, particularly in travel agencies. Airline ticket sellers say they work in a world with little regulation. For many, a regulatory body is necessary for good business. A regulatory body is necessary … Read more

Burundi Eco Airlines free to sell tickets in the currency that suits them

In a correspondence dated March 31, 2023, the BRB informed the airlines that they have the authorization to sell plane tickets in foreign currencies. This comes after another correspondence from October 2022 to the latter specifying in which case it is necessary to pay in local currency. In this article, stakeholders in this sector talk … Read more

Burundi Eco Burundi awarded in the fight against HIV

Burundi received a recognition award on Monday March 6, 2023, awarded by the Presidential Emergency Plan for the fight against AIDS (PEPFAR), for the results achieved from 95/95/95 concerning the elimination of HIV/AIDS in the country. Nevertheless, the fight against this scourge continues. Burundi has made progress in achieving the 90-90-90 targets, that is to … Read more

Gold breaks the barrier of 2006 dollars an ounce, supported by the dollar’s decline and inflation fears due to oil

Mubasher – Mustafa Reda: Gold futures prices rose in trading today, Monday, by more than 1 percent, with the decline of the dollar against major currencies, and the growing concerns about long-term inflation due to the rise in oil prices in global markets. The price of the yellow metal contracts for June delivery increased by … Read more