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Egypt will launch a satellite in December this year, head of the North African country’s space program has said, Arab News reports. Mohammed El-Qousi, the Saudi media also notes, said Egypt had an ambitious plan to build space systems and Read more
Egypt attracted more Foreign Direct Investment (FDI) than any African country in 2020, a report by United Nations Conference on Trade and Development (UNCTAD) revealed. The flow of FDI to Egypt according to the report stood at $5.5 billion despite Read more
Eastern Libyan authorities in Tobruk have freed 32 Egyptians kidnapped by criminal gangs reports say. The Egyptian nationals reportedly entered Libya illegal and were abducted by the alleged criminals who also blackmailed them. Egyptian media Al Youm Al Sabei citing Read more
Qatar’s national carrier Qatar Airways and UAE’s Etihad Airways announced Wednesday to resume air traffic between the two countries after three years of suspension due to diplomatic brawl. Abu Dhabi-based Etihad Airways, Middle East Monitor (MEMO) reports said it would Read more
Egypt has signed up for $200-million loan from the World Bank earmarked for the implementation of an air pollution project. The financing, according to Environment Minister Yasmine Fawad, will support the ministry with accurate air quality monitoring devices to complement Read more
A senior Turkish security official was in Tobruk, eastern Libya, to meet House of Representatives’ Speaker Aqila Saleh, French media Mondafrique reports. The Turkish official not named by the media, reportedly met Saleh, the political top figure of the eastern Read more
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
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
Qatari real estate company Diar will resume work at its New Cairo’s CityGate project after getting the approval from the New Urban Communities Authority, as the crisis between Doha and Cairo is over. Diar inaugurated last week its luxury Regis Read more
Tunisian Prime Minister Hichem Mechichi and Egypt’s envoy to the North African country Thursday agreed to launch a maritime line in a bid of boosting trade and investment between the two countries. Mechichi, Webdo Tunis reports, received Ihab Fahmy and Read more