Palace Main Entrance

Central banks of Egypt, UAE ink bilateral currency swap Agreement

The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]

Morocco, Israel want closer cooperation

Morocco and Israel signed three cooperation deals covering political consultation, culture and air services as the two countries aspire to expand ties following the resumption of diplomatic ties last December. The accords were signed by Israeli Foreign minister Yair Lapid and his Moroccan peer Nasser Bourita. Lapid is expected to have talks with tourism minister […]

Cape Independence gives South Africa taste of its own separatism medicine

The Cape independence advocacy group (CIAG) is preparing a visit to the US to lobby for its cause, giving the South African government the bitter taste of separatism that it has been encouraging elsewhere in Africa. The new Trump administration has sacked Pretoria’s ambassador, cut aid to South Africa, and condemned anti-white policies. The CIAG […]