Egypt’s budget deficit rose to 2.1% of GDP in Q1 of current FY:MOF
The report attributed this slight increase in the budget’s deficit to the slight decline in revenues by 0.9% from July to September of FY2019-2020, and the increase in expenditure by…
Israeli missiles targeting Syria launched from Lebanon: TV channel
People in the capital Damascus heard the sound of powerful explosions as a result of the firing of air defenses triggered by the missile attack.
Khamenei orders to stop Iran’s unrest: Reuters
The order was issued in a meeting with Khamenei’s top security and government officials, according to a report published by Reuters.
Algeria’s military leader Gaed Salah dies
The death of the Algerian Lieutenant-General comes as protests are still ongoing
Ankara warns Europe of new a refugee wave if Idlib battle doesn’t end
Turkey hosts the largest number of Syrian refugees, more than 3.7 million people
Egypt’s ex-military chief of staff released from prison
Sami Anan was accused of “incitement against military, forgery”
MSMEDA undertakes EGP 62m urban development in Cairo’s Zawya El Hamra
The project’s finance granted by AFD
Banque Misr leads a banking consortium to provide EGP 2.9bn syndicated loan for Beshay Steel
The loan will finance inventory needed to operate ESISCO production lines
EBRD appoints Heike Harmgart as new MD for SEMED region
Replacing Janet Heckman, Harmgart to take over her post on 1 January
Al-Sisi emphasises fighting corruption in a meeting with the new ministers
President calls on cabinet to commit to informing citizens with challenges