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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 […]
EU Recognizes Special Importance of Jerusalem for the Three Monotheistic Religions
The European Union “recognizes the special importance of the holy places of Jerusalem for the three monotheistic religions,” said an EU spokesman, in reaction to the signing last Saturday in Rabat of the Appeal of Al-Quds by King Mohammed VI, Commander of the Faithful and Chairman of Al-Quds Committee, and Pope Francis. “The EU recognizes […]
Reducing Barkhane anti-Jihadist force would be risky, G-5 commander warns
The commander of the joint force of the G-5 Sahel countries engaged in the fight against armed terrorist groups, Nigerien General Oumarou Namata Gazama, on Thursday warned that a reduction of the Barkhane anti-Jihadist force envisaged by France would be risky. In an interview broadcast by Radio France Internationale, the general considers that Takuba, […]



