Schengen area

Egypt: $8.2 billion Suez Canal lane to be inaugurated in August

Authority Chief Mohab Mameesh has said that the second parallel waterway project of the Suez Canal will be completed in August and gave assurances that the transit toll will be not be increased. The cost of the project is around $8.2billion. The Suez Canal is one of the busiest water corridors in the world and […]

Africa: Emmanuel Macron calls for a “New Deal”

Three weeks before the summit on the financing of sub-Saharan African economies that will take place on May 18 in Paris, French President Emmanuel Macron has called for a “New Deal” for Africa. How to react to a “very strong slowdown” of African economies caused by the Covid-19 crisis? Yesterday’s recipes are ineffective, said Emmanuel […]

G20: Saudi Arabia assumes presidency, first time in Arab world

Saudi Arabia Sunday announced it has taken leadership of the Group of Twenty or G20, until the meeting of its leaders in the kingdom next year in November. The Gulf country takes over from Japan and becomes the first Arab country to assume the presidency of the powerful organization encompassing leaders of developed and developing […]