UNESCO: Director General Audrey Azoulay re-elected for 2nd term

Audrey Azoulay was re-elected Tuesday for a second term as Director-General of UNESCO with overwhelming backing of member States of this UN specialized agency. Following her re-election with 155 votes out of 169 ballots cast, Mrs. Audrey said: “I see this result as a sign of regained unity within our organization. Over the last four […]

Egypt Gets $ 200 Million EBRD Loan for Power Plant Project

The European Bank for Reconstruction and Development (EBRD) has approved a US$ 200 million loan for the construction of a new 1.8 GW combined cycle gas-fired power plant in Damanhour, north west of Cairo. This loan will contribute to funding the US$ 1.3 billion total project cost, which is also being supported by the European […]

Chad opens embassy in Tel Aviv

Chadian President Mahamat Idriss Deby Itno opened Thursday his country’s embassy in the Israeli capital of Tel Aviv, a move expected to further strengthen bilateral ties between the two countries. “This is a historic moment. It follows the steps we took with your late father, my historic visit to Chad, and your historic visit to […]