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EBRD greenlights $25m loan to Egypt-based UMC
The European Bank for Reconstruction and Development (EBRD) has rubber-stamped the loan of $25 million for Egypt-based United Metals Company (UMC). The funding is aimed at backing the company’s working capital needs amidst the COVID-19 pandemic. The loan will enhance the Company’s financial resilience to withstand the potential negative implications of the COVID-19 pandemic through […]
Air Arabia Egypt launches 11th route to Saudi Arabia
Air Arabia Egypt announced flights to Gizan in Saudi Arabia, making the Saudi city the 11th destination of the low-cost carrier to the Gulf country. The direct flights will connect Cairo International Airport with King Abdullah bin Abdulaziz International Airport with a frequency of two weekly flights starting from April 9th, 2023. “We are glad […]
Europol Seizes Weapons Bound for Occupied Ceuta, Melilla
The European Police Office (Europol) foiled in Rotterdam port an attempt at trafficking a considerable cargo of arms to terrorists in the Spanish-occupied cities of Ceuta and Melilla in northern Morocco, Moroccan newspaper al Ahdat reported. The seized weapons comprised pistols and machine guns and were intended to be smuggled through Sardinia to North Africa, […]



