Headlines Libya Maghreb

GNA Leader rules out any future negotiations with Haftar

Government of National Accord (GNA) leader Faiez Serraj Wednesday ruled out possibilities to sit down again at a negotiation table with his rival Khalifa Haftar that he accused of committing crimes against all Libyans. In an interview with Italy’s La Repubblica, published Wednesday, Serraj charged the east-based retired military General with bombing “indiscriminately Tripoli, residential […]

Egypt Headlines

Egypt: One police officer, seven suspected militants killed in gun battle in Cairo

A police officer and seven alleged terrorists died in a gun shootout during a security raid on a terror cell, in capital Cairo, the Interior Ministry said Wednesday. The ministry said the raid came on the back of intelligence that the terror cell was using several areas in southern and eastern Cairo as hideous to […]

Egypt Headlines

Egypt postpones IPO for state-run Banque du Caire over covid-19

Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]

Headlines Libya

Haftar forces cut water supplies in Tripoli amid coronavirus health crisis

UN-backed Government of National (GNA) has condemned and called on the international community to rein in rebel Gen. Khalifa Haftar whose forces have cut water supplies in capital Tripoli amid the spread of the novel coronavirus disease. The GNA’s interior ministry, Middle East Monitor reports, in statement issued Thursday likened the interruption of the water […]

Business Egypt Emerging Markets Headlines

Egypt to buy 50 new locomotives from Siemens giant

Egypt Railway Authority is in the process of buying 50 new locomotives from German multinational conglomerate company as the most populated Arab country embarks modernizing its rail way sector. The deal which is in the pipeline according to Arab Finance Brokerage includes maintenance works for 50 of Siemens Henschel, a model that has been efficiently […]

Algeria Headlines Libya

US rejects ex- Algerian FM’s appointment as head of UN Special Envoy to war-torn Libya

The United States has opposed the choice of former Algerian foreign minister Ramtane Lamamra as UN Special Envoy to crisis-hit neighboring Libya to replace Lebanese Ghassan Salame, who resigned in March. A UN diplomat who asked not be named because not allowed to speak on the matter told AFP that during Wednesday UN closed session […]

Asia Egypt Energy Headlines International

ROSATOM inks long-term contract for supply of nuclear fuel components to ETRR-2 reactor in Egypt

Russian Novosibirsk Chemical Concentrates Plant (NCCP), an enterprise of ROSATOM’s TVEL Fuel Company, and the Egyptian Atomic Energy Authority have signed a 10-year contract for supply of low-enriched nuclear fuel components, such as uranium and aluminum items, for ETRR-2 research reactor. ETRR-2, a research reactor of Argentinian design, is based at the Nuclear Research Center […]

Headlines Libya

Libya: former Prime Minister dies of Coronavirus in Egypt

Mahmoud Jibril, a former Premier has died in Egypt where he hospitalized after he tested positive for covid-19 in March, reports say. Jibril’s party, National Forces Alliance, founded in 2012, announced his death Sunday. The 68-year old man led National Transitional Council, the de facto Libyan government during the months-long NATO-backed revolution that removed and […]

Asia International

FIFA World Cup 2030: Egypt toying with bid idea to host event

Egypt is mulling plans to bid for FIFA World Cup 2030, an Egypt official at the world governing body, FIFA, has revealed, Le365.ma reports. Hani Abou Reda, Monday, reportedly said the North African country is considering bidding for 2030 soccer global championship. Reda boasted the Egypt’s experience in hosting international sports events including several African […]

Egypt Headlines

Gulf crisis: Egypt objects return of citizens stranded in Qatar

Egypt has refused to welcome its citizens stranded in Qatar amid global battle against covid-19 and diplomatic tension between the two countries. A source at Qatar’s foreign ministry told Doha-based news network Al Jazeera that the Gulf country has charted a plane to bring home Egyptian nationals but Egypt has refused to let the Spanish […]