Egypt has boosted its naval fleet with three military ships from the U.S and France. Two U.S fast missile boats and a French FREMM (European multipurpose frigate) were delivered to Cairo during separate ceremonies. The American embassy in Egypt stated that the ships will contribute towards “ensuring regional security, countering terrorism, and protecting global commerce” […]
Morocco has taken steps to renegotiate a free trade deal with Tunisia and Egypt to protect its own industrial fabric and protect jobs after it took a similar move to balance its trade deficit with Turkey. Aujourd’hui le Maroc reported that Morocco plans to renegotiate the tax imposed on a list of goods including textile, […]
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 […]
