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 […]

Egypt Headlines

Coronavirus: Egyptian private airlines seek government intervention

Egyptian private airlines have called the civil aviation ministry to help them cope with losses incurred because of the Coronavirus pandemic, Middle East Monitor (MEMO) reports. The ministry on its facebook page said chairmen of the companies have sought the ministry’s help to stop the bleeding of losses suffered by the private companies and help […]

Egypt Headlines

Egypt increases by 75 % salaries of front-liners fighting Coronavirus

Egypt Sunday decided an increase by 75 per cent of allowances of Egyptians working at the frontline of the fight against Coronavirus. The decision came in appreciation of the efforts of the workers in the medical field as they strive to contain the outbreak, Egypt Today reports. In addition to the 75 per cent increase, […]

Egypt Finance Headlines

Egypt: World Bank supports housing for low-income households with $500m

The World Bank has granted Egypt a $500 million additional financing destined to support ongoing efforts to improve the affordability of formal housing for low-income households, the Washington-based institution said in a statement. The financing also seeks to strengthen Egypt’s Social Housing and Mortgage Finance Fund capacity to design policies and coordinate social housing programs. […]