Kenya freezes assets of 9 financiers of al-Shabab terror group

Al-Qaida allied terror group, al-Shabab has long-established finance networks in the East Africa region region to run its operations

Xinhua

Lebanese president says France seeks to help Lebanon, not to interfere in internal affairs

Macron visited Lebanon on Monday and met with various political parties while agreeing with them on a roadmap to achieve reforms within 8 weeks.

Xinhua

Coronavirus recoveries in Africa surpass 1m mark

AU Commission's healthcare agency said that 5 countries account for 70% of coronavirus cases in Africa, South Africa, Egypt, Morocco, Nigeria and Ethiopia

Xinhua

UN to set up new peacekeeping base in South Sudan

The rise in violence came after the killing of six bodyguards of South Sudan Vice President James Wani Igga in the Lobonok area last month.

Xinhua

Egypt’s credit rating reflects resilience to financing shocks supported by liquidity buffers: Moody’s

Track record of effective fiscal, economic and debt management also reflects positively on Egypt's credit profile says Moody's

Mohamed Abdel Meguid

Egypt to offer EGP 229.75bn in T-bills, bonds over September

CBE to offer 20 bids for T-bills, on behalf of Egyptian government, worth EGP 191.5bn, and 12 bids for bonds worth EGP 38.25bn

Hossam Mounir

UAE-Israel peace deal should preserve Palestinian rights, ensure Israel’s security: Al-Sisi

This week sees first step towards normalising relations between Israel and UAE 

Daily News Egypt

Foreign intervention is Iraq’s biggest challenge: Emmanuel Macron

French President, Iraqi Prime Minister discuss possible energy cooperation, including nuclear project

Daily News Egypt

Africa launches $14m program to shore up coffee sector amid COVID-19

ICO projects a loss of exports valued between $100m and $200m, potentially affecting 6.6 million jobs in coffee sector, particularly in east Africa

Xinhua

Hermes tops August brokerage transactions with EGP 5bn, 15% market share

Major change in August ranking was Mubasher International’s entry to top 10 list, at expense of Naeem Research which came in 11th place

Mohamed Abdel Meguid