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Egypt

Morocco gets renewable energy loan

September 6, 2012 Geraldine Boechat 0

Morocco has received a loan from the African Development Bank to be invested in its renewable energy programs. The 800 million dollar loan will allow […]

S&P removes Egypt from credit watch rating, confirms rating B

August 24, 2012 Steven Addamah 0

The rating agency Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local currency sovereign ratings on […]

Egypt: Central bank accepts and offers new bonds

August 23, 2012 Steven Addamah 0

The central bank of Egypt has fallen short of its initial objectives to collect 13 billion Egyptian pounds in the seven day repurchase agreements that […]

Egypt: Army receives Sinai militant warning

August 20, 2012 Steven Addamah 0

The Egyptian army’s operation in the Sinai Peninsula to cleanse it off from terrorist after being attacked in the area has provoked a warning from […]

Egypt Gets $2 Bln Loan from Qatar

August 13, 2012 Steven Addamah 0

The newly formed Egyptian government has managed to get a $2 billion loan from the oil-rich emirate of Qatar, the second country after Saudi Arabia […]

Egypt launches cleansing operation in Sinai

August 8, 2012 Steven Addamah 0

Following Sunday’s deadly attack on Egypt’s border with Israel, that left 16 Egyptian border troops dead, Egypt launched on Wednesday an air strike on militants […]

Maghreb Countries Urged to Cooperate in Fight against AQIM

August 1, 2012 Geraldine Boechat 0

U.S. Secretary of Defense Leon E. Panetta has called on Maghreb countries to work together in the fight against the terror group, Al-Qaeda in the […]

Egypt Navy to Receive U.S. Harpoon Missiles

July 31, 2012 Geraldine Boechat 0

Egyptian navy braces to receive 90 Harpoon Block II missiles, one of the most advanced anti-ship cruise missiles in the world. These missiles worth over […]

Jordan to Receive $2 Bln IMF Funding Boost

July 26, 2012 Geraldine Boechat 0

The Jordanian government will receive a $ 2 billion financial assistance from the International Monetary Fund (IMF) to enable the Hashemite Kingdom carry out its […]

Egypt: UNC graduated technocrat designated PM

July 25, 2012 Steven Addamah 0

Almost a month after he was sworn in as Egypt’s first elected president, Mohammed Morsi on Tuesday designated an unknown technocrat, Hesham Kandil, as his […]

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