The role of human rights conditions in U.S. military assistance to Egypt has been explained by a fact sheet issued by POMED. The fact sheet, “Human Rights Conditions on U.S. Military Aid to Egypt Under [ More … ]
According to Bloomberg, the Egyptian ‘pound devaluation bets ease as Citigroup Inc. sees no short-term move’. Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the central [ More … ]
Ratings agency Moody’s lowered Egypt’s sovereign rating by one notch to B3 from B2 on Tuesday, citing the country’s reduced external buffers and shock absorption capacity. Moody’s Investors Service downgraded Egypt’s credit rating to B3 [ More … ]
Egyptian intelligence chief Abbas Kamel on Wednesday met with the head of Israel’s Shin Bet security agency, Nadav Argaman, in Tel Aviv, Israeli media has reported. Israel has charged the head of Egypt’s intelligence services, [ More … ]
Foreign investors may be finally curbing their enthusiasm for Egyptian local-currency debt, amid fears of interest rate cut, said Bloomberg in a recent report, titled “Egypt’s $18 Billion Debt Inflows Seen Peaking as Rate Cut [ More … ]
Israel’s parliament, the Knesset, moved forward on Wednesday with a bill that would see the Israeli government cease to transfer an estimated 1 billion shekels ($280 million) per year to the Palestinian Authority (PA) over [ More … ]
‘Qatar, you are not alone’, group chants in Taksim square amid ongoing diplomatic rift in Arab world A group of Turkish citizens on Wednesday took to Istanbul’s Taksim Square to protest Qatar’s isolation in the [ More … ]
Neither Egypt nor Qatar have clarified the situation of Egyptian residents in Qatar after Egypt announced cutting diplomatic relations with Qatar Egyptian Minister of Expatriate Affairs Nabila Makram announced on Monday that no complaints were [ More … ]
Saudi Aramco’s tax bill will be chopped significantly, as the government looks to encourage investors to the state-owned company. Saudi Arabia energy giant Aramco will benefit from a huge tax cut from the government, as [ More … ]
Government says benefits such as health insurance, loans, scholarships and mobile phones are ‘not basic rights’ Oman’s Ministry of Finance has ordered all state-owned companies to halt dispensing the 2016 annual bonuses as well as [ More … ]
Israel will reduce monthly transfers of tax collected on behalf of the Palestinians in what aides to Israeli Prime Minister Benjamin Netanyahu described as a response to the killing of two Israelis in Palestinian attacks [ More … ]
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