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Egypt’s Commercial International Bank gets $150m loan from EBRD to cushion against economic risks
Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]
Sahara: London supports UN-led efforts & affirms its position is constantly reviewed
The British government has reiterated its support for the UN-led political process engaged to find a lasting and mutually acceptable solution to the Sahara issue, and affirmed that it is constantly reviewing its position amid mounting parliamentary pressure to follow suit of UK’s allies in recognizing the Morocco’s sovereignty over its Sahara. During a Westminster […]
Nigeria: Gov’t alarmed by possible Russian involvement in ongoing ‘hardship’ protests
The Nigerian government has raised concerns over Russia’s possible influence on the ongoing demonstrations against economic hardship in the West African country after about 40 protestors had been arrested for carrying Russian flags. Nigerian authorities have detained anti-government protestors in northern states for waving Russian flags and voicing support for Russian President Vladimir Putin, denouncing […]



