French Senator Christian Cambon – Moroccan ambassador in Paris Chakib Benmoussa

Egypt: reserve recession rate could decline soon

Governor Hisham Ramez of the central bank has said that the foreign cash reserve recession rate may decline by next month. The central earlier on this month announced that the reserves had reached US$13.6 billion, which would amount to a 16-year low, compared to $36 billion on the eve of the 2011 uprising that ousted […]

EU to devise new strategy to revive Israel-Palestine peace talks

The European Union is determined to play a new role to bring peace between Israelis and Palestinians after it concluded successfully with Iran an “impossible deal”. Chief of EU Foreign Policy Federica Mogherini announced on Monday the creation of an “International Support Group”. European leaders are convinced that if a deal could be reached with […]

Egypt takes delivery of two Spain-made Talgo trains

The Egyptian Minister of Transport, Kamel El-Wazir, announced the arrival of the third and fourth luxury Talgo trains made in Spain. The newly-arrived high-speed trains are part of seven trains contracted with Spanish train manufacturer Talgo. The contract valued at €157 million includes maintenance and supply of spare parts. Each of Talgo trains consists of […]