It should have been a routine delivery of vegetable oil to Iran for making margarine; instead the tanker spent months in the Gulf as banks held up payment for the cargo, fearing they would run foul of international sanctions.
The United Nations sent its first humanitarian aid convoy into rebel-held areas of Syria without government consent on Thursday as UN chief Ban Ki-moon accused warring parties of denying assistance to millions of
A first shipment of 40 tonnes of medicines and medical equipment is expected to leave Bahrain for Gaza within the next 48 hours.
The cargo will include surgical equipment, intravenous fluids, medications and ba
Yemen has a more urgent need for financial aid in 2014 than last year to fund its budget spending as currency reserves shrink and donor aid is slow to arrive, a senior International Monetary Fund official said.
The impoverished Ar
Egypt will need further international assistance to put its economy back on track despite receiving huge loans from Gulf states, the IMF said.
"Egypt will need financial support which could come from its partners in the Gulf
Qatar will deposit $1 billion at Sudan's central bank, Khartoum said on Wednesday, announcing an aid package to Sudan's Islamist government that is likely to worsen Doha's already tense relations with Egypt.
Japan has agreed to lend Tunisia 750 million dinars ($480 million) to support the transition to democracy in the North African country where the Arab Spring began, the deputy foreign minister said on Tuesday.
The money, which will
Syria's civil war foes held their first face-to-face meeting on Saturday at the start of talks to end nearly three years of conflict which has killed 130,000 people and destabilized the wider Middle East.
After a day of delay