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Egypt applies to join Shanghai-based New Development Bank
Egypt has reached a deal with Shanghai-headquartered New Development Bank (NDB) to join the financial institution whose strategy the Arab country says is in line with its vision. Minister of Finance Mohamed Maait according to the statement from his department held talks with NDB’s Chairman Marcos Troyjo on the sidelines of COP27. Both parties, the […]
Egypt, Israel Seal $15 bln Gas Deal
Israeli Delek Drilling company announced that it signed a $15 billion agreement to export gas to Egypt, a deal described as most significant since 1979. The agreement reflects the deepening strategic ties between the two countries as well as Cairo’s ambitions to become a regional energy hub. Israeli Prime Minister Benjamin Netanyahu welcomed the agreement […]
Chad: rebel leader Erdimi returns from exile as challenges to national dialogue persist
Exiled Chadian rebel leader Timan Erdimi has returned to his homeland after a decade in exile in Qatar for talks aiming to pave the way for democratic elections, though boycotts by rebel and opposition groups remain major hurdles. The 67-year-old Erdimi, who heads the Union of Resistance Forces (UFR) returned to Chad Thursday (18 August), […]



