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Egypt Gets $ 6.3 Bln German Financial Support for Power Projects
The Egyptian government has obtained a German financial support for three power projects to be carried out under the supervision of German group Siemens, through their local partners Orascom Construction and El-Sewedy Electric. The three projects will cost $ 6.3 billion lent by Deutsche Bank, HSBC Germany and German Bank of Reconstruction (KfW). The loan […]
Biden supports normalization of relations between Israel & Arab countries
US President Joe Biden has reaffirmed his support for the recent normalization of relations between Israel and Arab countries, making reference to the recent establishment of diplomatic relations between Israel and four Arab countries: the United Arab Emirates, Sudan, Bahrain and Morocco. “The President emphasized US support for the recent normalization of relations between Israel […]
Egypt: Jihadists Escalate Attacks against Army in Sinai
The Islamic State has intensified its war against the Egyptian army in Sinai where the jihadist fighters launched Wednesday deadly coordinated assaults against several military checkpoints. According to Egyptian military officials, over 100 militants and 18 soldiers were killed in yesterday’s fighting which marked an upsurge of violence between government and Islamist combatants. According to […]



