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US-Africa Leaders Summit: evaluating progress made six months on

US special presidential representative has reassured that the global superpower remained committed to maintaining strong trade ties with the African continent, something the Biden administration believed faltered with Trump’s presidency. The special presidential representative for the United States-Africa Leaders Summit, Johnnie Carson, made these comments Tuesday (13 June) as a way to reassure America’s African […]

Egypt’s Commercial International Bank gets $150m loan from EBRD to cushion against economic risks

Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]

Jerusalem: Morocco’s King flatly rejects any move undermining Jerusalem’s multi-religious aspect or altering its status.

King Mohammed VI has flatly rejected any move that is likely to undermine the multi-religious aspect of Jerusalem or altering its legal and political status, as reports about US President Donald Trump’s imminent recognition of the holy city as the capital of Israel are becoming more frequent, and warned of the negative impact such a […]