Asia Egypt Headlines International

Kuwait: MoU on anti-corruption cooperation with Egypt gets harsh critics

Lawmakers and activists in Kuwait have lambasted the Gulf country’s Memorandum of Understanding (MoU) with Egypt on anti-corruption cooperation noting that the most populated Arab country is not a reference on the fight against corruption. Kuwait’s Anti-Corruption Authority (Nazaha) and Egypt’s Administrative Control Authority (ACA) have signed an agreement to fight corruption jointly. The agreement, […]

Asia Egypt Headlines International Libya

Libya: Egypt to provide tanks to Haftar in wake of Turkish military pledge to GNA

Egypt will supply retired General and rival of the UN-backed Government of National Accord (GNA), Khalifa Haftar, with tanks. The move came in reaction to Turkey’s recent military promise to the internationally recognized Libyan administration, based in Tripoli. Egyptian sources revealed Wednesday that the largest populated Arab country will loan Russia-made tanks to Haftar’s Libyan […]

Asia Egypt Finance Headlines International

National Bank of Oman to exit from Egypt in Q1 2020

National Bank of Oman, NBO, will cease operations in Egypt early next year at the decision of the board of directors. The NBO, registered on the Muscat Securities Market (MSM), has received approval to wrap up activities in Egypt, Mubasher reports. The outlet, citing bourse sources, notes that the closure will take place in Q1 […]

Africa Egypt Headlines International

Aswan Hosts First Forum for Sustainable Peace & Development in Africa

The first Aswan Forum on Sustainable Peace, Security and Development in Africa, held Dec.11-12 in the upper Egyptian city of Aswan, focused on post-conflict reconstruction, education, climate change and sustainable development in the continent. World leaders as well as representatives of international and regional organizations debated a wide range of issues during the two-day forum, […]

Egypt Energy Europe Headlines International

EBRD supports Egypt with €183m to help generate 1.3 GW of renewables

The European Bank for Reconstruction and Development (EBRD) will support the Egyptian Electricity Transmission Company (EETC) with $183 million to finance the modernization of the electricity grid by injecting renewable energy and strengthen the transmission network in the country. The EBRD funds will facilitate the integration of 1.3 GW of new renewable energy into the […]

Egypt Headlines Morocco

King Mohammed VI Sends Message to Egyptian President

King Mohammed VI of Morocco has sent a written message to Egyptian President Abdel Fattah al-Sissi. The royal message was handed to the Egyptian head of state by Foreign Minister Nasser Bourita Friday. The message is related to the strengthening of cooperation between Morocco and Egypt and to the two countries’ shared resolve to give […]

Asia Egypt Headlines International Maghreb

Palestine-Egypt: Is flying Palestinian flag in stadium a breach to the law?

Egyptian security forces in plain clothes arrested earlier this week a football fan in a stadium in Cairo for flying the Palestinian flag during a match between Egyptian and South African Olympic teams. The move caused outrage on social media and in the stadium. Ahmed Elbaqry, a former vice president of the Egyptian students’ union, […]

Uncategorized

Morocco associated to Egypt-Russia ‘‘Arrow of Friendship’’ military exercises

Morocco has been invited as an observer to the first Egyptian-Russian drills ‘‘Arrow of Friendship’’ held in Egypt this November. As part of the military cooperation between the kingdom and Egypt, Morocco was represented in these air defense exercises by a senior officer of the Royal Armed Forces (FAR), said the website “FAR-Maroc” specialized in […]

Business Egypt Headlines

Egypt to create 12 investment zones – Minister

Egyptian Minister of Investments and International Cooperation Sahar Nasr has announced a government plan to establish about 12 investment zones in the North African nation. According to the minister, the 12 investment zones will attract investments worth LE78 billion and create 500,000 direct and indirect jobs. The minister made the announcement at the signing of […]

Africa Americas Egypt Headlines International

Negotiations on Renaissance Dam in Washington went well

Delegations from Egypt, Ethiopia, and Sudan met in Washington on Wednesday around President Donald Trump to continue discussions over the Grand Ethiopian Renaissance Dam (GERD). The meeting was extended to the US Secretary of the Treasury and the President of the World Bank. President Trump said in a tweet that “the meeting on the Grand […]