• IMF approves $12 bn loan to Egypt

    The International Monetary Fund on Friday approved a three-year, $12 billion loan for Egypt to help the country recover from its economic crisis amid soaring inflation and deficits. The IMF executive board said it would release $2.75 billion to Egypt immediately, while further disbursements will depend on the country’s economic ...

  • IEBC selection panel receives huge list of 778 applications

    Six lawyers and a judge are among 13 applicants to chair the Independent Electoral and Boundaries Commission to prepare for and oversee the 2017 election. IEBC Selection Committee yesterday also released a list of 765 people who have applied for the six commissioners' posts. "As a result of the unprecedented ...

  • Despite sharp decrease in measles deaths, nearly 400 children die from disease every day

    Source: World Health Organization, Centers for Disease Control and Prevention, UN Children's Fund, GAVI Alliance Country: Democratic Republic of the Congo, Egypt, Ethiopia, Nigeria, Pakistan, Somalia, South Sudan, WorldIn 2015 the Democratic Republic of Congo, Ethiopia, India, Indonesia, Nigeria and Pakistan accounted for half of the unvaccinated infants and 75 per ...

  • D-8 Countries Plan To Increase Trade Volume To $500bn By 2023 ‎

    The Chambers of Commerce and Industry in eight developing countries known as D-8 made up of Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria and Turkey have resolved to carry out works and prepare a road map to increase trade volume between the member countries to $500billion by 2023. This was contained ...

  • Entre la vitesse des connections numériques et l’immobilité des personnes

    Débats, foisonnement d’idées, échange d’expériences, tables rondes et communications sur des sujets aussi divers que variés, la dixième édition de la Semaine économique de Marseille organisée sous l’intitulé «Pour une Méditerranée connectée» a tenu toutes ses promesses. Si au premier jour, mardi dernier, les participants ont eu droit à d’intéressantes ...

  • Al via la campagna di promozione per l’edizione 2017/2018 di Invest Your Talent in Italy

    Dopo il successo dell’edizione 2016/2017 di Invest Your Talent in Italy 2.0  che ha portato in Italian 54 talenti internazionali provenienti da Azerbaijan, Colombia, Kazakhstan, Egitto, Etiopia, Ghana, Indonesia, Messico, Vietnam e Turchia, è partita la nuova campagna di promozione IYT, per l'attrazione...

  • Dollar scarcity: Egypt’s central bank floats pound

    Egypt floated the country’s pound Thursday as part of a raft of reforms, after a dollar crunch and exorbitant black market trade threatened to grind some imports to a halt. The government of President Abdel Fattah al-Sisi is rolling out an austerity programme and seeking billions in support from abroad ...

  • Egypt devalues by 32% as it prepares to float pound

    Cairo meets key term for $12bn IMF loan to help the country’s ailing economy

  • As war rages at home, Syrians seek refuge in Egypt

    Source: UN High Commissioner for Refugees Country: Egypt, Syrian Arab RepublicAround 118,000 Syrians have sought asylum in Egypt. Many refugees hope for resettlement: UNHCR Egypt submits some 6,700 refugees for resettlement to third countries on a yearly basis.Around 118,000 Syrians have sought asylum in Egypt, where ruthless smugglers target those wearied ...

  • Editorial: Malta is the only EU country not in the anti-Isis coalition

    A full, three-hour long debate in the House on Thursday about the Budget vote for the Foreign Ministry did not tackle, except fleetingly, the elephant in the Chamber: Malta is the only EU country not in the anti-Isis coalition.According to the US State Department, the participants in the coalition are ...

  • External border management remains a key issue to ensure the EU’s security – Carmelo Abela

    "The management of the European Union's external border remains a key issue in a bid to ensure European citizens' security while maintaining smooth internal border crossings," Minister for Home Affairs and National Security, Carmelo Abela, told Fabrice Leggeri, Executive Director of the European Border and Coast Guard Agency (Frontex).Mr Leggeri ...

  • UNICEF aims to reach about 2.5 million vulnerable children in Syria and neighboring countries

    Source: UN Children's Fund Country: Egypt, Iraq, Jordan, Lebanon, Syrian Arab Republic, TurkeyThe UN agency, which will deliver essential winter clothing and supplies, has launched an urgent appeal of US$82.4 million to support the implementation of the response plan. Highlights • After a short-lived cessation of hostilities in Syria in September, Aleppo has ...

  • Egyptians losing patience with govt as economy crumbles

    Egyptians on Sunday showed a cartoon on social media showing a drowning Egyptian, with his hand protruding from the depths, waving for help. Experts said in Cairo that with the next strips showing President Abdel Fattah al-Sisi diving in, taking the drowning man’s watch and turning away is an indication ...

  • UN envoy in Middle East warns against ‘sleep-walking into another violent conflict’

    Source: UN News Service Country: Iraq, occupied Palestinian territoryThe absence of progress towards a two-state solution has led to growing anger and frustration among Palestinians and profound disillusionment among Israelis, the top UN Middle East envoy warned today.19 October 2016 – The absence of progress towards a two-state solution has led ...

  • Nigeria’s Economy Still Largest In Africa–IMF

    The International Monetary Fund (IMF) has affirmed Nigeria’s economy as the biggest in Africa, ahead of South Africa and Egypt, despite the economic recession the country is battling with. Nigeria was reported to have lost its spot as Africa’s biggest economy to South Africa in August 2016, following the recalculation ...

  • Watch: Raging tuk tuk driver video goes viral

    A video of an enraged tuk tuk driver condemning the state of Egypt's suffering economy has gone viral, underlining growing popular discontent over shortages of food staples. Filmed in the crowded narrow lanes of a working class Cairo neighbourhood, the video shows the driver - surrounded by locals - condemning the ...

  • Undernutrition takes huge toll on Chad’s economy

    Source: World Food Programme Country: ChadThe economy of Chad is losing some US$1.2 billion a year – or 9.5 percent of Gross Domestic Product – to the effects of child undernutrition, according to a new study launched today in the capital.N’DJAMENA – The economy of Chad is losing some 575.8 billion ...

  • Egypt denies supporting armed opposition in Ethiopia

    Ethiopia declared a state of emergency over anticipated threats “posed by forces working in collaboration with foreign enemies.

  • Surgeon used a 'Mulika Mwizi' for a caesarean section

    One night Fredrick Ouma Oluga was in the middle of a caesarian section at the Vihiga District Hospital when the lights flickered and then went out. The hospital’s generator should have kicked in immediately, but there was dead silence. And total darkness. “Are we going to die?” Asked the terrified ...

  • Dangote Cement Factory in Ethiopia Razed

    Ethiopia has accused elements in Eritrea and other countries of fanning the crisis in the country that culminated in the burning of factories owned by Nigeria’s Aliko Dangote and other foreign investors. In a statement on Monday, Ethiopia accused elements in Eritrea, Egypt and other states  of arming, training and ...

  • Egypt: China's Yuan Global Push to Facilitate Chinese Investments in Egypt - Experts

    [Focac] The Chinese yuan's recent inclusion in the International Monetary Fund (IMF)'s Special Drawing Rights (SDR) basket is expected to facilitate investments in Egypt, said Egyptian experts.