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Egypt

Egypt Receives $ 2 Bln Financial Support from Turkey

October 3, 2012 Steven Addamah 0

The Egyptian Muslim Brotherhood-led government has managed to obtain a $ 2 billion aid package from Turkey, which stepped in to help the most populous […]

Egypt: an ambitious development plan

September 25, 2012 Steven Addamah 0

Egypt is embarking on a another revival project of its economy as it sets aside numerous projects to develop areas around the Suez Canal and […]

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 […]

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Recent Posts
  • Mohammed VI Tower, Symbol of Morocco’s Modernity, inaugurated by Crown Prince Moulay El Hassan
  • Benin: Vote Counting Underway in Presidential Election
  • Malawi: Opposition Leader and Former Finance Minister Arrested Over Corruption Allegations
  • Tanzania, Kenya Deepen Diplomatic and Trade Cooperation
  • Pope Leo Begins 10-Day Africa Tour to Spotlight Continental Challenges
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