Morocco ranked 1st in Africa in macroeconomic integration in “Africa Regional Integration Index 2019”, published lately by the UN Economic Commission for Africa (UNECA), the African Development Bank (AfDB) and the African Union Commission. With a score of 0.809, Morocco takes the lead in the continent macroeconomic integration. Mauritius came in the second place followed […]
Tag: Egypt
Egypt: Six-month ban on building permits nationwide
Egypt has instructed all governorates to halt all construction projects for a period of six months. Local Development Minister Mahmoud Sharawi announced Monday the cabinet decision and instructed all local governors including those of Greater Cairo and Alexandria to make sure the order is fully implemented. Sharawi also urged local officials to tour cities and […]
Libya: Egypt at odds with UAE after loss of Haftar-controlled key airbase
Egypt has blamed the UAE, its ally in Libya, after protégé rebel Gen. Khalifa Haftar lost early this week a key airbase to forces controlled by UN-backed Government of National Accord (GNA). Egyptian sources told London-based Al-Araby Al-Jadeed daily that Cairo has been “very disappointed” by the UAE’s “unilateral moves” in the Libyan crisis. Haftar […]
Egyptian military to beef up protection of western borders with Libya
The Egyptian army has been instructed to beef up its presence in the west, near the border with Libya for fear that terrorist elements might attempt infiltrate into the country after forces aligned with UN-backed Government of National Accord (GNA) took control of key airbase from ally General Khalifa Haftar. Bassem Rady, spokesperson for the […]
Egypt’s Suez Canal Bank to pull out of Middle East Oil Refinery
The publicly listed company, Suez Canal Bank, says it will withdraw entirely from Middle East Oil Refinery (Midor), Zawya reports. The operation will generate $30.4 million for Suez Canal Bank as 1.27 percent stake (560,000 shares) will be sold to Egyptian General Petroleum Corporation (EGPC) at $54.7 per share. The financial service institution posted a […]
News Stream May 04,2020
News Stream May 04,2020
Egypt claims killing of 126 terrorists in restive Sinai
Egypt’s army Sunday said it killed 126 terrorists in the restive Sinai province in multiple operations, near the border with Gaza strip. Colonel Tamer al-Refai, a military spokesman, said in a statement army forces carried out 22 raids and 16 operations in the province. The forces also destroyed 228 hideouts and eight tunnels in Gaza […]
Haftar forces nab top Egyptian terrorist in Libya
Forces aligned with east-based Libyan rebel Gen. Khalifa Haftar have arrested Egypt’s most notorious terrorist known as Mohammad Mohammad Al-Sayyid. He was wanted by Cairo for attacks on security forces and Coptic Christians, reports say. Haftar’s self-proclaimed Libyan National Army (LNA) announced al-Sayyid’s arrest on Wednesday. The man described as the most dangerous terrorist in […]
Chadian opposition party charges Haftar with assassination of leader
An opposition group in Chad has accused forces aligned with rebel and retired Gen. Khalifa Haftar for the killing of its leader last week, Libya Observer reports. Republican Party said its leader Gorbal Jadi Nakour was assassinated on April 18 alongside with his body guard. Without providing evidence, the party, the Libyan media reports, has […]
Tunisian President throws support behind GNA after defense minister called UN-backed Government militia
Tunisian President Kais Saied has underlined Tunis’s unified position with UN-backed Government of National Accord (GNA) in Tripoli after his defense minister tagged the fragile Libyan government as militia”, reports say. Tension has emerged this week between Tunisia and Libyan after Tunisian defense minister, Imed Hazgui, in comments to a local TV station, called forces […]









