Bourget airshow

EU Disburses €1bn Second-Phase Macro-Financial Support to Egypt Following Reforms

Egypt has received €1 billion in concessional development financing from the European Union, marking the first tranche of the second phase of the EU’s macro-financial assistance (MFA), announced on Thursday by Minister of International Cooperation, Rania Al-Mashat. The disbursement follows the implementation of 16 economic and structural reforms aimed at strengthening macroeconomic stability, improving public […]

Egypt Ends “Privileges”, “Exceptions” Extended to Qatar

Cairo has announced that it is taking tougher decisions against Qatar due to the Emirate’s stubbornness to comply with the demands submitted by the Saudi-led boycotting bloc. Spokesman for the Egyptian foreign ministry Ahmed Abu Zeid highlighted that continuing to give “privileges” to Qatar and its nationals “in light of its current positions” is contradictory […]

Spain’s ruling party satisfied with high-level meeting with Morocco

The ruling Spanish Socialist Workers’ Party (PSOE) expressed on Monday its “satisfaction” with the results of the 12th high-level meeting between Morocco and Spain, held in Rabat on February 1 and 2. “I express our satisfaction with the summit and the meeting held last week in Morocco,” stressed PSOE spokeswoman and Minister of Education and […]