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CAF grants $2.5m to Africa’s 2018 World Cup teams

The Confederation of African Football (CAF) will give $500,000 to each of the five African countries who will be representing the continent at the next year’s FIFA World Cup in Russia. The grants will help the teams in their preparations for the tournament, the continent’s football governing body said. The financial package will be used […]

Egypt detains 29 people for conspiring with Turkey

Egypt’s Prosecutor General on Wednesday ordered the detention of 29 individuals over accusations of espionage for the Turkish security and intelligence, the state-owned news agency MENA reported. According to the prosecutor, the 29 individuals illegally facilitated international calls made by people in Egypt through Turkish-based servers offered at discounted charges. The prosecution’s statement said the […]

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IMF Greenlights Disbursment of $2 Bln to Egypt

After a review of Egypt’s economic reforms, the IMF said it has agreed to the disbursement of a $2bn loan –part of the $12bn extended facility negotiated last year with Cairo. “The staff-level agreement is subject to approval by the IMF’s Executive Board Completion, upon which Egypt will receive the third tranche of $2 billion […]

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Turkey sends 450 locally made MPT-76 assault rifles to Somalia

The Turkish government has sent 450 of its first locally designed MPT-76 assault rifles to Somalia to fight al Shabaab, weeks after the militant group killed over 300 people in Mogadishu, one of the most lethal terrorist acts anywhere in the world for many years. According to Turkish news agency Anadolu, the government of President […]

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Egypt: Chinese energy giant BYD inks a deal to build 128-km Monorail

Chinese giant BYD Co has signed an agreement with the authorities of Egypt’s largest port city of Alexandria to build Africa’s first straddle-beam monorail (SBM), or ‘cloud rail,’ of 128 kilometres. According to Chinese News agency Xinhua, the potential collaboration comes four years after Alexandria local authorities began exploring options to relieve their city of […]

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Somali president meets Saudi King as gulf crisis deepens

Somali President Mohamed Abdullahi Farmajo on Wednesday met with his Saudi Arabia counterpart King Salman Abdulaziz amid tension over neutral position in Gulf crisis. President Farmajo and King Salman have discussed ways to boost the bilateral relations between the two nations, mainly security, economic and the investment, his office said. In his words, the talks […]

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Egypt expresses regret as US plans to withhold aid

The Egyptian government on Wednesday expressed regret over a United States decision to deny the North African nation about $95.7 million in aid and to delay a further $195 million. The United States denied Egypt $95.7 million in aid as the country failed to make progress in matters of respecting human rights and democratic norms, […]

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Sudan: Khartoum issues flood warning as Nile rises

Sudanese authorities on Monday warned people living near the banks of the Nile to be wary of “massive flooding”, as water levels of the river rose to a record high. Authorities said water levels were rising on the Blue Nile along the border with Ethiopia after continuous rainfall in that country. The Blue Nile flows […]

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Egypt slashes industrial licensing approval time from 600 to 30 days

Egypt on Sunday issued executive regulations for its Industrial Permits Act, making it a law to slash bureaucracy and decrease the waiting time for new projects in the North African nation. The executive regulations will reduce the waiting period for obtaining industrial licenses to establish new facilities from 600 days to seven-30 days, Trade and […]

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Egypt: Head of railway department steps down following train collision

Medhat Shousha, Head of the country’s railway department resigned Sunday after two trains collided Friday on the outskirt of Alexandria killing over 40 people and wounding at least 170 passengers. The resignation was announced by Transport Minister Hesham Arafat at a press conference following a cabinet meeting. Eight other railways officials have been suspended following […]

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