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Egypt: decline in Hermes profits
One of the biggest investment bank in Egypt has reported an 18.8 % decline in its net profit for the first nine months which fell to 232.1 million Egyptian pounds ($38 million) from 286 million pounds. EFG Hermes made this announcement in report of its third quarter consolidated financial results. EFG Hermes said its net […]
Tunisia wants free trade association with EU, PM Essid
Prime Minister Essid has stated that his government is planning to begin negotiations with the European Union for “the complete and detailed draft free trade association” to be finalized. He said negotiations between them could begin as early as October in order for the agreement to “soon see the day.” He was speaking at a […]
Drought-ravaged Malawi to receive 260,000 tons of fertilizer donated by Russia, other African countries to follow
Russia has donated 260,000 metric tons of its fertilizer that was sitting in European ports and warehouses for use by farmers in drought-ravaged Malawi and other countries in Africa, the United Nations said. Welcoming the announcement, UN spokesman Stephane Dujarric said that “this will serve to alleviate humanitarian needs and prevent catastrophic crop loss in […]



