Egypt, the Palestinian Authority (PA) and Israel have agreed to develop the Palestinian gas field off the coast of Gaza, Israeli Public Broadcaster Kan revealed Tuesday. The profits from the gas field will go back to the PA and Israel, with Egypt mediating between the parties in an effort to improve the financial situation […]
Egypt’s President Abdelfattah al-Sisi has named Hassan Abdallah as acting governor of the central bank of the country after the former chief resigned Wednesday. Abdallah until the appointment Thursday was Chairman of the Board of Members of the United Media Services Group (UMS). The 62-year old man replaces Tarek Amer who resigned Wednesday but was […]
ISIS continues to pose a threat in Iraq and Syria despite being considerably weakened in recent year, said US Under Secretary Victoria Jane Nuland. “This year, we are seeking to raise $700 million for critical stabilization activities in communities liberated from ISIS’ control in Iraq and Syria, $350 million for Iraq and $350 million for […]
