EGYPT TO REDUCE PUBLIC DEBT TO 92 PCT OF GDP IN FY 2018-19

CAIRO– Egyptian Finance Minister Mohamed Ma’it said the country will reduce its public debt to 92 percent of the GDP in the budget of the current fiscal year 2018-2019, state-run Ahram newspaper reported on Saturday.

“The government has enforced package …

Rumors, Misinformation Swirl After Federal, Regional Forces Clash in Ethiopia

Ethiopian Prime Minister Abiy Ahmed said Saturday that Ethiopia would remain a unified country, despite what he characterized as a lot of people talking about secession with divisive rhetoric and false accusations.

Abiy said on state television that the suggestions …

Egypt: Security Forces Kill 12 Islamic Militants in Sinai

Egypt’s official news agency says security forces have killed at least 12 Islamic militants in a shootout in northern Sinai Peninsula.

Sunday’s report by MENA says the fighting erupted when forces raided a suspected militant hideout in the city of …

EGYPT FOREIGN TRADE REACHES 65.6 BLN USD BY Q3, FY 2017-18

CAIRO– Egypt’s foreign trade exchange has reached 65.6 billion U.S. dollars by the end of the third quarter of the 2017-18 fiscal year, the Central Bank of Egypt (CBE) revealed Wednesday.

Egypt’s fiscal year starts in early July and ends …

EGYPT FOREIGN TRADE REACHES 65.6 BLN USD BY Q3, FY 2017-18

CAIRO– Egypt’s foreign trade exchange has reached 65.6 billion U.S. dollars by the end of the third quarter of the 2017-18 fiscal year, the Central Bank of Egypt (CBE) revealed Wednesday.

Egypt’s fiscal year starts in early July and ends …