Morocco FM welcomes new U.S. Deputy Chief of Mission, building on strong cooperation ties

Moroccan foreign minister Nasser Bourita received on Tuesday in Rabat new U.S. Deputy Chief of Mission Benjamin Ziff who arrived in Morocco over the weekend and assumed the role of Chargé d’Affaires to the U.S. Mission in the North African Kingdom A U.S. embassy press release said talks focused on opportunities to build on the […]

ROSATOM inks long-term contract for supply of nuclear fuel components to ETRR-2 reactor in Egypt

Russian Novosibirsk Chemical Concentrates Plant (NCCP), an enterprise of ROSATOM’s TVEL Fuel Company, and the Egyptian Atomic Energy Authority have signed a 10-year contract for supply of low-enriched nuclear fuel components, such as uranium and aluminum items, for ETRR-2 research reactor. ETRR-2, a research reactor of Argentinian design, is based at the Nuclear Research Center […]

Egypt’s Central Bank Cuts Key Interest Rates by One Percentage Point

The Central Bank of Egypt (CBE), on Thursday, 25 December, announced a 100-basis-point reduction in its key interest rates, marking its fifth rate cut this year as policymakers respond to easing inflationary pressures. In a statement, the CBE said its Monetary Policy Committee lowered the deposit rate to 20 percent, the lending rate to 21 […]