libya pipeline fire

UN: Moroccan former Justice Minister to Chair Independent Fact-Finding Mission on Libya

Former Moroccan minister of Justice Mohamed Aujjar has been appointed by the UN High Commissioner for Human Rights Michelle Bachelet as chair of the Independent Fact-Finding Mission on Libya.   The High Commissioner announced Wednesday the appointment of the members of the Independent Fact-Finding Mission on Libya. The members are: Mohamed Aujjar, chair, (Morocco); Tracy […]

Egypt rules out mediation in Israeli-Palestinian conflict

Three days after tensions between Israel and Palestinian continue, Egypt has called for an end to the attacks from both sides.  Cairo has played a very important role in the conflict between the two countries but it seems as if the new government doesn’t have any intention of continuing in this vein. Cairo is not […]

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 […]