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Egypt: Situation back to Normal in Port Said
The Federation of Egyptian Chambers of Commerce asserted that business is back to Normal in Port Said after the deadly riots that shook the city last week. The Riots in which 40 people were killed erupted following the death sentences pronounced against 21 defendants sued for the killing of at least 72 Ahly football team […]
Morocco’s trade deficit eases 12% in May
Morocco’s trade deficit shrunk 12% in May as the coronavirus pandemic reduced demand both for imports and exports, the foreign exchange agency said. The 16.9% drop in imports to $17 billion from January to May came as a result of a fall in all imports except cereals, the agency said. Exports however dwindled 20% to […]
USA to provide military equipment to Egypt
The US State Department Tuesday validated a military deal with Egypt that involves technical support for the North African country’s navy. The deal to be implemented by Virginia-based VSE Corporation will cost Egypt $554 million. The price tag may change following final clearance from the senate, Defense News reports. VSE Corporation will do technical work […]



