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Central banks of Egypt, UAE ink bilateral currency swap Agreement

The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]

Libya: Haftar’s army, Dbeibah throw support behind ongoing popular demonstrations

Libya’s east-based strongman Khalifa Haftar and one of Libya’s Prime Ministers Abdul Hamid Dbeibah have expressed their support for the ongoing large-scale demonstrations calling for elections and better living condition in the oil-rich North African country. Haftar’s Libyan National Army (LNA) said in a statement it declares its “full support for the popular will and […]

Tunisia to compensate citizens dead, wounded during 2011 revolution

Tunisian President Kais Saied issued Saturday a decree to compensate families of “martyrs” and police and army members killed or wounded, when defending the country during the 2011 revolution. The compensation, according to the decree, will be awarded to the families of “martyrs” and police and army killed or wounded defending the country from what […]