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Refugee crisis: “We need free money to handle influx of refugees, not loans,” Lebanese official
Top official of the Lebanese Ministry of Finance warned that the country may collapse if the international community does not assist economically countries taking in refugees. “The support has to be through grants. It cannot be loans,” said Alain Bifani, director general of the Lebanese finance ministry. “As long as we can, we will turn […]
China’s Hengtong to manufacture fiber-optic cables in Egypt
Chinese power and fiber optic cable manufacturer Hengtong will set up a plant in Egypt to produce fiber cable as result of a deal between the Chinese company and the Suez Canal Economic Zone (SCZONE). Hengtong will invest $18 million for the project with a capacity of up to 2 million kilometers in the zone. […]
At least 30 people Killed in Egypt’s Football Violence
Egypt has been rocked this weekend by another wave of deadly violence triggered by clashes in a Cairo stadium between fans of the football club of Zamalek and their ENPPI rivals. According to press reports, riots police fired tear gas to disperse the crowd, but this has prompted only a huge stampede that left at […]



