Egypt has increased the alert level to high in preparation of the Christmas celebrations given the massive church and mosque bombings the country suffered earlier this year. Egypt’s Interior Ministry has ordered 230,000 police officers to secure churches while putting all security departments on high alert, the MENA news agency said. Egypt will have to […]
UK-based finance institution British International Investment (BII) and the African Guarantee Fund (AGF) have signed a $75 million re-guarantee agreement for small and medium enterprises (SMEs) across Africa, Zawya reports. The fund, according to BII, will provide credit guarantees to partner financial institutions for up to 75% of the risk on SME loans, thus increasing […]
Egyptian security forces Monday fiercely broke out the protests that were planned to vent frustration against President al-Sisi’s recent decision to surrender two Red Sea strategic islands to Saudi Arabia. Hours before the start of the protest called for by leftists, seculars and Islamists, police forces took positions at strategic locations in the Egyptian capital […]
