Michael Rubin resident scholar at American Enterprise Institute

Tension brews in Horn of Africa as Egypt sends military aid to Somalia irking Ethiopia

Egypt has sent two military aircrafts loaded with arms and ammunition to Somalia, in a move that triggered the fears of Ethiopia. Relations worsened when Ethiopia and the breakaway Somaliland signed a memorandum of understanding to use 20 km of coastal land for a port purpose in return for recognition as a state. Somalia opposed […]

Morocco, Saudi Arabia sign air transport agreement

Morocco and Saudi Arabia have signed a bilateral agreement in the field of air transport on the sidelines of the 41st session of the Assembly of the International Civil Aviation Organization (ICAO), held in Montreal from September 27 to October 7. The agreement, which will give a strong impetus to cooperation relations between the two […]

Egyptian Fintech Firm Telda secures $20 million in seed funding

Cairo-based fintech startup, Telda, has landed $20 million in seeding funding from several investors including Jack Dorsey, former Twitter Chief Executive Officer, Bloomberg reports. The seed fund will serve the expansion into new markets. Telda also plans to use the money to build its product offering. “In Egypt dealing with money is still a complicated […]