missiles

Egypt loses 70% of Suez Canal revenue due to Gaza war – IMF

The ongoing Gaza conflict has severely affected Egypt’s economy, leading to a sharp 70 percent drop in Suez Canal revenues Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said. In an interview with Youm7, Georgieva acknowledged Egypt’s commitment to advancing crucial economic reforms despite the challenges posed by regional instability. Georgieva announced plans […]

Conference in Madrid highlights importance of Morocco-Spain fixed link project

The strategic importance of the fixed link project, through the Strait of Gibraltar, between Morocco and Spain, for both kingdoms and for Europe and Africa was the focus of a conference held this week in Madrid. During this meeting, held at the Casa Árabe, an institution under the Spanish Ministry of Foreign Affairs, on the […]

Egypt: Sisi Warns Opposition amid Calls for Coming Elections Boycott

President Fattah al-Sisi Wednesday openly warned the opposition and vowed to deal with actions that may confront his rule as the country’s opposition figures call for boycott of coming March elections that Sisi is certain to win. “Be warned. What happened seven or eight years ago, will not happen again in Egypt,” Sissi said, a […]