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Search resuls for: "Arab Republic of Egypt"


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There, under his calming gaze and soft-spoken reassurances, Sudanese refugees and returning South Sudanese wait as aid workers and local women ladle through steel pots filled with lentils and porridge. Kueaa Darhok fled Khartoum with his family when fighting broke out and is now a community leader at the Renk transit camp near the South Sudan border. CNNSet up a week into the fighting in Sudan, when desperate families arrived seeking shelter, the Renk transit camp near the border of South Sudan and Sudan was not supposed to hold more than 3,000 people. Now at least 800,000 South Sudanese have been driven back by the fighting in Sudan. CNNUN appeal for aidTo respond to the Sudan crisis, the UN needs $253 million, with the South Sudan response alone in need of $96 million.
Persons: Kueaa Darhok, Chinua Achebe, instil, ” Darhok, Darhok, Charlotte Hallqvist, Hallqvist, it’s Organizations: South Sudan CNN, South Sudanese, CNN, Sudanese, CNN Fighting, UN, Sudan’s Armed Forces, Rapid Support Forces, United Nations Refugee Agency, UNHCR, CNN UN, Sudan, United Nations, African Union, European Union Locations: South Sudan, Sudan, Darhok, Khartoum, Republic of Sudan, Renk, Arab Republic of Egypt, Federal Republic of Germany, State, Qatar, Kingdom of Saudi Arabia
Saudi's United Electronics Co shelves plans for Egypt expansion
  + stars: | 2023-05-01 | by ( ) www.reuters.com   time to read: +1 min
DUBAI, May 1 (Reuters) - United Electronics Company (4003.SE), known as eXtra, has decided to discontinue its expansion plans in Egypt, it said on Monday, following a feasibility study. The expected negative financial impact of shelving the expansion in Egypt is about 38 million riyals ($10.13 million), the company said in a bourse statement. "After reviewing the feasibility of the company continuing to move forward with external expansion in the Arab Republic of Egypt, United Electronics Company announces that the Board of Directors has decided...to discontinue the company's plans to expand in Egypt," the statement said. Companies from the Gulf have been eyeing expansion opportunities in Egypt which offers a big market for their goods and services. ($1 = 3.7506 riyals)($1 = 30.8500 Egyptian pounds)Reporting by Rachna Uppal; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
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