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Egypt: decline in Hermes profits
One of the biggest investment bank in Egypt has reported an 18.8 % decline in its net profit for the first nine months which fell to 232.1 million Egyptian pounds ($38 million) from 286 million pounds. EFG Hermes made this announcement in report of its third quarter consolidated financial results. EFG Hermes said its net […]
Deadly shelling hits North Darfur refugee camp as Sudan’s war escalates
At least 14 civilians were killed and numerous others wounded following artillery shelling by Sudan’s paramilitary Rapid Support Forces (RSF) on the Abu Shouk refugee camp in El-Fasher, North Darfur, a local emergency relief Committee reported on Wednesday, June 4. The attack has drawn sharp concern as El-Fasher remains a critical humanitarian lifeline for the […]
Morocco’s King reiterates call for open borders with Algeria
King Mohammed VI of Morocco reiterated his call for open borders with Algeria, saying ties with the north African neighbor are “stable” “My endeavors to serve the Moroccan people are not limited to domestic issues only. I am also keen to establish solid relations with sister nations and friendly countries, particularly our neighbors,” he said. […]



