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Gulf Crisis: No way out of crisis, boycotting countries decide no further sanctions at Cairo meeting
Countries isolating Qatar Wednesday considered no further sanctions and called for more consultations after Doha dismissed the 13-demand list in a response handed to the quartet through Kuwait. Meeting in Cairo to decide the next steps in the crisis which opposes them to Qatar, Saudi Arabia, United Arab Emirates (UAE), Bahrain and Egypt, represented by […]
EU’s Egyptian headache: Brussels readies €7.4bn aid package to help economy, curb migration
Egypt is reportedly set to receive up to 7.4 billion euros in funding from the European Union under a major ‘cash for migrant control’ pact which could be formally announced during the upcoming visit of the European Commission chief to Cairo this Sunday (17 March). The EU support package is intended to relieve pressure on […]
Russia to start financing industrial zone construction in Egypt from 2022
Russia will start financing construction of the industrial zone in Egypt and is considering the use of such format in other countries, First Deputy Minister of Industry and Trade Vasily Osmakov said, Arab Finance reports citing TASS News agency. “We will start funding construction of the Russian industrial zone in Egypt from the next year. […]



