First Independent Mena Newspaper
The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to support efforts to mitigate the impact of the global shocks on the domestic economy from the Russia-Ukraine conflict and to preserve resilience, Abidjan-based bank said in a statement. The program […]
The European Investment Bank (EIB) and Banque Misr have signed two technical assistance agreements to support small- and medium-sized enterprises (SMEs), Arab Finance reports citing emailed press release on July 6th. The first program will bolster Banque Misr’s credit risk management and help it adopt SME financing best practices. The second according to the statement […]
Morocco took part Monday in Manama in the first meeting of the Negev Forum Steering Committee which brought together senior Foreign Affairs officials from United States, Israel, Bahrain, Egypt and United Arab Emirates. The gathering, which focused on regional security, energy, water and food, comes ahead of the first visit planned by U.S. President Joe […]
The Egyptian judiciary has issued a notification to Interpol to include six Muslim Brotherhood leaders on a “red notice” for smuggling funds abroad to finance terrorism, Arab News reports. The Supreme State Security Criminal Court decided to notify Interpol in order to track the leaders, arrest them and hand them over to Egyptian authorities. Wanted […]
An attack carried out by a group of militants killed Wednesday five Egyptian military personnel in North Sinai, the second such an attack in less than one week after the Islamic state group (ISIS) claimed a first attack that slain 11 security forces. Two security sources told Reuters that unidentified armed men assaulted a security […]
Egyptian Foreign Minister Sameh Shoukry hailed the role played by the Al-Quds Committee, chaired by King Mohammed VI of Morocco, in supporting the resistance of the inhabitants of the Holy City and preserving the Arab-Islamic character of Al-Quds, its legal and civilizational status and its historical identity as a land of coexistence between the three […]
Egypt reiterated its position in support of Morocco’s territorial integrity and UN efforts in line with UN Security council resolution 2602 which stressed the preeminence of the autonomy plan. This came in a joint statement following talks in Rabat between Moroccan and Egyptian foreign ministers, Nasser Bourita and Sameh Choukri. The two countries expressed in […]
Egypt is marshalling support around Africa to obtain the replacement of US Stephani Williams, who is acting as Adviser to the UN Secretary-General on Libya, with an African figure on the grounds that the UN diplomat antagonizes Cairo’s vision in the Libya crisis, Al-Araby Al-Jadeed reports citing an informed Egyptian source. The source told the […]
Tunisia Monday submitted its candidacy to host the new headquarters of the African Medicines Agency (AMA), several days after Egypt expressed willingness to provide a venue for the construction of the agency’s continental office. Tunisia’s Minister of Health Ali M’rabet made the offer as he received Aggrey John Douglas Ambali, an African Union (AU) official […]
Egyptian President Fattah al-Sisi hosted on Sunday Khalifa Haftar and House of Representatives’ (HoR) Speaker, Aqila Saleh in Cairo, as part of Egypt’s support for the political process that led to forming Fathi Bashagha’s government, Libya Observer reports, citing unnamed sources. The sources indicated that the visit came in a time of tension as Bashagha’s […]