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The Egyptian Central Bank dropped the Egyptian Pound’s (EGP) value by 48% and raised interest rates by 300 basis points for “one night only” as part of its efforts to re-balance the currency market. The decision has already yielded some Read more
Prime Minister Haider Al-Abadi warned Turkey that “if they enter” Iraqi territory with their convoy of 30 tanks and other heavy artillery recently deployed to the Turkish border town of Silopi, Iraq would be “ready to face them” and defiantly Read more
Chairman of the National Oil Corporation (NOC) Mustafa Sanalla outlined that Libya needs to assure that ports and pipelines remain open and the blockade on the Riyayna pipeline by the Zintani tribal militia be lifted as well as satisfy the Read more
Tanzanian president John Pombe Joseph Magufuli commends the “serious and credible” efforts made by Morocco for a “lasting solution” to the Sahara issue, says the joint statement released following the official visit paid by King Mohammed VI to Tanzania Oct.23-25. Read more
Federica Mogherini, Chief of the EU foreign policy called on European investors to channel investments to Tunisia. In the same vein, she urged the 28-member state bloc to consider Tunisia as a strategic priority. “Investing in Tunisia, in its present Read more
The Egyptian government and parliament voiced their anger at the remarks made last week by Secretary General of the Organization of Islamic Cooperation (OIC) Iyad Madani who addressed Tunisian President as Beji Caid ‘al-Sisi’ instead of ‘Essebsi’ during a conference Read more
Presidential hopeful and former Senator Hillary Clinton in an emerging and never played tape has regretted the US had pushed for elections in Palestinian territories in 2006 and had not prevented Hamas to win, US media The Observer reports. Targeted Read more
King Mohammed VI, who wound up Thursday a state visit to Tanzania and who is currently on a private visit to the Tanzanian archipelago of Zanzibar, performed the Friday prayer at the Ashura mosque in Zanzibar and donated 10,000 copies Read more
Two Egyptians and an Algerian have been arrested on Thursday in Italy on suspicion of conspiracy to commit international terrorist acts with links to the Islamic State jihadist group. The three men were arrested near Milan and in Turin at Read more
Turkey’s crackdown on the alleged members of the July 15 coup d’état continues with the Chief Public Prosecutor in Konya issuing an arrest warrant for 73 pilots, two colonels and 71 lieutenants. The arrest operation began on Thursday morning across Read more