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EBRD to approve new $100 mln loan for Banque Misr to finance MSMEs
The European Bank for Reconstruction and Development (EBRD) is set to approve by end of May a $100 million loan program to Banque Misr, under the Financial Intermediaries Framework (“FIF”), to finance micro, small, and medium enterprises (MSMEs). The program, according to the EBRD website, will support BM’s lending to private MSMEs in Egypt, where […]
Algerian Regime Seeks Elusive Arab Support in Egypt
After suffering a diplomatic humiliation with the cancelation of the Arab summit that was planned in March in Algiers, Pdt. Abdelmajid Tebboune flew on Tuesday to Cairo seeking Egypt’s leverage to shore up Arab support for the summit venue. The hubris of Algerian military junta, de facto rulers, has been shaken to the core by […]
Counterterrorism: Morocco Busts another ISIS Terror Cell
Moroccan security services announced on Thursday the arrest of three ISIS members who were operating in the cities of Tetouan (North) and Agadir (South). The arrest of the three individuals, aged between 25 and 26, was made by the special units of the central bureau of judicial investigation (BCIJ), dubbed Morocco’s FBI, said the Moroccan […]



