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Egypt : Mubarak’s Prime Minister wants Presidency
With less than four days before the crucial referendum, Egypt has got its first public presidential candidate. Ahmed Shafik, Mubarak’s last Prime Minister, said he will be running for presidency if General Al-Sisi fails to be a candidate. The approval of a new constitution in Egypt will pave the way for presidential and parliamentary elections. […]
Algeria postpones visit of Spanish FM to protest Spain’s support for Morocco
Algerian foreign ministry unilaterally postponed a planned visit by Spanish foreign minister Arancha Gonzalez in what appears as a reaction to Spain’s support for the Moroccan position on the Sahara issue. Spain has recently taken stands that Morocco welcomed and has abstained from expressing support to the referendum option for the area, which the UN […]
Egypt-Kuwait Holding announces $500m investment over next five years
Egypt-based investment company, Egypt Kuwait Holding Co SAE (EKH), will invest $500 million over the coming five years, CEO Sherif El-Zayat has revealed. El-Zayat said the company will invest $100 million a year and has made available $100 million to seize any acquisition opportunities during the upcoming period. In this vein, the firm already decided […]



