Egypt’s Minister of Finance, Mursi Hijazi, revealed that the country is losing about 100 million pounds per day because of insecurity and political unrest and that workers’ repeated strikes have also contributed to the losses. According to the minister, “the losses are caused by various disruptions, such as sit-ins, protests, cutting off roads and breaking […]
The European Bank for Reconstruction and Development (EBRD) announced Tuesday the allocation of €49 million in form of credit facility to finance water projects in favor of 6,800 farmers. The loan is intended for the modernization of water infrastructure and the development of a strategy in this area in oases in the south of the […]
The Algerian Foreign Ministry Sunday summoned Tunisia’s ambassador to protest recent comments by a Tunisian minister referring to Algeria as “a communist state”. Abdelmajid Ferchichi was summoned to the Foreign Ministry to provide clarification over the remarks on Algeria made by minister for local affairs Riadh Mouakher in Rome on May 4. Algiers has condemned […]
