Category: North Africa

Agriculture Minister Essam Fayed said on Saturday 7/5/2016 that about 1.1 million tons of wheat have been collected from farmers so far. Fayed said the Principal Bank for Development & Agricultural Credit paid 300 million pounds for farmers and a similar sum will be transferred to the bank on Sunday 8/5/2016 to pay all financial…

International Cooperation Minister Sahar Nasr met with Russian Ambassador to Egypt Sergei Kerbachenko on Thursday 5 May 2016 to discuss economic cooperation between the two countries. Present at the meeting was Egyptian Trade Minister Tarek Qabil. During the meeting, Nasr reviewed the latest developments concerning the agreements to establish Dabaa nuclear power plant as well…

Belarusian Ambassador in Cairo Sergei Rachkov said that Egypt and Belarus agreed on two draft agreements on legal assistance in civil- and economic-related matters and extradition. In statements to MENA on Thursday, Amb. Rachkov said that the two sides agreed on the two treaties at a consultative meeting of the justice ministry experts that was…

Egypt’s net foreign reserves reached $17 billion at the end of April, which marks an increase by $449 million, the central bank said on Wednesday. The central bank’s reserves are made up of foreign currency, in addition to gold. The foreign currency reserves increased by $408 million in April compared to March while the value…

Turkish airlines plans to increase the number of its flights from Tunis, to 3 flights daily, against 2 presently, to move from 14 flights to 21 flights a week, according to Huzefe Akhan, marketing official in Turkish Airlines Tunisia. For this company, ranking first in Europe, the Tunisian market is its first Maghreb market. In…

The government of Rwanda and the Republic of Egypt have pledged to enhance bilateral economic relations between the two countries. Namira Nabil Mohamed the Egyptian Ambassador to Rwanda, said Egypt will continue to support Rwanda’s aspirations to become a middle income economy through shared experiences, knowledge and technical knowhow. It will also continue to encourage…

The House of People’s Representatives (HPR) has approved at a plenary session on Tuesday the protocol signed on July 8, 2014 in Brussels on the amendment to the agreement signed in Luxembourg between Tunisia and the Grand Duchy of Luxembourg (March 1996) to avoid double taxation and fight against tax evasion. The purpose of this…

Electricity Minister Mohamed Shaker met on Sunday 24/4/2016 with Czech Trade and Industry Minister Jan Mladek during a Cairo visit. The meeting, attended by Czech Ambassador in Cairo and a number of representatives of Czech companies operating in the field of energy and manufacturing, tackled promoting cooperation between the two countries. During the meeting, Shaker…

Investment prospects in Algeria were presented to British businessmen in a meeting organized, Monday evening in London, by the Algerian-British Business Council “ABBC.” The Algerian ambassador to the United Kingdom Amar Abba made a presentation on prospects of the Algerian economy and bilateral economic cooperation in a round table organized by the head of ABBC…

A total of 3,852 mines dating from the colonial period were discovered and destroyed in March 2016 as part of mine-clearing operations carried out by units of the People’s National Army along the eastern and western borders, said Sunday an official source. Army units destroyed 392 mines antipersonnel, 638 anti-group mines and 570 flare mines…