Bayt Mal Al-Quds Acharif agency

Egypt refuses to participate in Algeria’s military exercise due to Polisario presence

Egypt has decided to skip the military exercise which the Algerian regime is planning to organize May 21 to 27 on its territory due to the participation of the Algeria-backed Polisario militias in the drills, according to press reports. Cairo’s refusal to participate in the military maneuvers dealt a hard blow to the Algerian junta […]

Algeria withdraws bid to host African cup of nations 2025 and 2027

Algeria has spared itself another international embarrassment by proactively withdrawing its bid to host the African cup of nation for 2025 and 2027. Thirsty for whatever international recognition, Algeria has reaped a fiasco after another with the most painful blow coming from the BRICS grouping that denied the country a membership that was arrogantly promised […]

Qatar, Egypt consider launching joint investment fund

Qatar and Egypt are studying possibilities to set a joint investment fund, Egyptian Minister of Planning Hala Al-Saeed told Bloomberg Tuesday following the signing of a set of agreements between the two countries to abolish double taxation aimed at boosting investments from the gas-rich Gulf state in Egypt. Saeed did not provide details about the […]