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Egypt meets IMF as pound depreciates
Representatives of International Monetary Fund (IMF) and the Egyptian government discussed the important $4.8 billion loan as the Egyptian pound continues on its dive with the foreign reserves depleting. Before the visit, the IMF said they will discuss recent economic developments and “possible IMF support for Egypt in facing these challenges”. It’s Middle East and […]
Chad PM Padacke resigns to pave way for new “government of national union”
Chad’s Prime Minister Albert Pahimi Padacke resigned on Tuesday (11 October) in order to pave the way for a new government after the Central African country announced the postponement of elections by two years to 2024. His resignation was announced by the presidency on Tuesday. Padacke, a civilian politician, was named prime minister of a […]
Egypt: Authorities Believe Terror Act Likely Behind the Plane Crash
Egyptian authorities Thursday said theory that EgyptAir plane A320 which disappeared and “crashed in the Mediterranean” in early hours of Thursday on its way to Cairo from Paris, a terrorism act cannot be ruled out. Civil aviation minister, Sherif Fathi told reporters that it was too early to draw conclusion but it is highly possible […]



