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Egypt, IMF to resume negotiations over new program in November
A delegation of the International Monetary Fund (IMF) will visit Egypt in the first week of November to resume talks over a new loan agreement. Egypt and the Washington-based institution began talks for a new loan for the Middle East country in March. The Arab country has turned to the IFM for a new loan […]
ExxonMobil secures exploration acreage offshore Egypt
ExxonMobil announced earlier this week it has secured more than 1.7 million acres for exploration offshore Egypt. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “We look forward to working with the government and deploying our proven expertise and advanced […]
Rabat & Kigali strengthen military cooperation to counter common challenges
Morocco and Rwanda have agreed, under an agreement signed Wednesday in Rabat, to enhance military cooperation in training, exercises, logistical support, military health and exchange of expertise in areas of common interest. The agreement, sealed during the visit paid by Rwanda’s Defense Minister Juvenal Marizamunda to the North African Kingdom, also provides for the creation […]



