Stock markets in Egypt suffered another major loss with fingers pointing at different reasons after a successful 3month recording of gains. The main index slide by 3,5% but the Egyptian pound rose against the US dollar. Investors are skeptical about Egypt’s future especially with the fast approaching May presidential elections coupled with the continuous violence […]
The decision to ease or lift the confinement and other restrictions imposed to limit the spread of the coronavirus remains closely linked to the evolution of the epidemiological situation in Morocco, said spokesperson for the government, Saaid Amzazi. “The government has decided to gradually ease the quarantine measures according to the zones and in phases, […]
Cairo will stand shoulder to shoulder with Somalia and will not allow any threat to the Horn of Africa country, Egypt’s president has said, referring specifically to Ethiopia’s recent agreement with the breakaway Somaliland that would give it access to the sea and allow it to establish a marine force base. “Egypt will not allow […]
