Egypt is considering raising $2.5 billion soon as the country’s economic pressures are escalating, states a report by Bloomberg. Besides corruption and dire economic policy, a drop in tourists and high oil prices have hit [ More … ]
Egypt’s Abdel Fattah al-Sisi said Tuesday his administration is preparing for raising the price of subsidized bread as part of its continued austerity measures which have badly affected Egyptians, especially the poor. “The time has [ More … ]
Egypt’s decision to scrap a monthly fixed customs exchange rate could lead to higher inflation in the coming months if the Egyptian pound declines significantly against the dollar, analysts said. Egypt last Sunday cancelled the [ More … ]
An organization in the Netherlands has raised the world’s largest Palestinian flag in Europe, according to a statement released by the group on Wednesday. The organization, called KOFIA, said in a statement that the flag [ More … ]
Speaker of the People’s National Assembly (Lower House of Parliament) Mohamed Larbi Ould Khelifa stressed Wednesday Algeria and France worked together to raise the level of their exchanges in an environment marked by security challenges [ More … ]
– Moody’s Turkey credit rating cut ‘not the end of world’, says Mehmet Simsek Turkey will push to raise its credit rate again following Moody’s downgrade from Baa3 to Ba1 last week, Deputy Prime Minister Mehmet [ More … ]
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