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Gulf Crisis: King Mohammed VI Dispatches Envoy to Gulf, Commends Kuwait’s Efforts to Defuse Tension

King Mohammed VI has dispatched Foreign Minister Nasser Bourita as his special envoy to several Gulf countries, part of the sovereign’s efforts to help ease the current tension poisoning relations between Qatar and its neighbors. In the context of this Gulf tour, Nasser Bourita delivered this Tuesday a verbal message from King Mohammed VI to […]

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 […]

China’s PLA navy increases African port calls in bid to cement Beijing’s diplomatic ties

China’s 45th naval fleet has in recent weeks visited Tanzania, Mozambique and Madagascar in what experts say is Beijing’s show of force designed to help cement the Asian powerhouse’s diplomatic ties in Africa. After the People’s Liberation Army’s (PLA) Navy stopped many of its African port visits during the Covid-19 pandemic, it has now begun […]