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KSA, Egypt Sign Multi-Billion Investment Agreements
King Salman’ maiden visit to Egypt since his enthronement was highlighted by the establishment of a multi-billion investment fund alongside other investment agreements including an economic free-zone in the Sinai. Egypt has often turned towards Gulf States for support but it seems that the oil-rich kingdom is changing its strategy by adopting an investment approach […]
Egypt, IMF ink $3bn new loan program deal
The International Monetary Fund (IMF) said on Thursday it had agreed a $3 billion Extended Fund Facility (EFF) over 46 months with Egypt, Reuters reports. The deal is part of a four-year international financing program worth a total of $9 billion which also includes $1 billion from the IMF’s Resilience and Sustainability Trust (RST) and […]
EP Committee Votes for Renewal of Morocco-EU Farm Agreement
A new step towards the renewal of the Morocco-European Union farm agreement was made with a favorable vote in Strasbourg. The Committee on Agriculture and Rural Development of the European Parliament on Monday voted with a majority of its members for the renewal of the agreement. The vote reflects the position of the majority of […]



