Egypt subscribes $1bn loan from International Islamic Trade Finance Corporation to finance petroleum imports

Egypt has signed up for a 1-billion loan from International Islamic Trade Finance Corporation (ITFC) to finance petroleum imports, Middle East Monitor (MEMO) reports citing the Arab country’s Ministry of Petroleum. The loan according to the ministry will cover 2021 Read more

Tunisia imposes four-day nationwide lockdown from Thursday to curb Covid-19 propagation

Tunisia Tuesday announced a four-day general lockdown starting from Thursday as authorities move to curb alarming covid-19 contaminations. The measure includes a nationwide curfew from 4pm to 6am, suspension of school classes until January 24, ban on all cultural events. Read more

Former head of Egyptian Supreme Constitutional Court elected as new Parliament Speaker

The Egyptian parliament Tuesday elected former Chief Justice of the Supreme Constitutional Court (SCC) Chancellor Hanafy Ali El Gebali as its new speaker close to President Abdelfattah al-Sisi. 71-year old Gebali obtained 508 votes out of 576 to beat his Read more