The European Union is readying a 7.4 billion euro ($8.08 billion) package aimed at shoring up Egypt's economy amid fear that conflict in Gaza and Sudan could exacerbate financial trouble in the country.
The economic situation in Egypt is poor © Mena Today
The European Union is readying a 7.4 billion euro ($8.08 billion) package aimed at shoring up Egypt's economy amid fear that conflict in Gaza and Sudan could exacerbate financial trouble in the country, the Financial Times reported on Wednesday.
European Commission President Ursula von der Leyen will travel to Cairo on Sunday with the Greek, Italian and Belgian prime ministers to finalize and announce an agreement, the newspaper reported.
Belgium has become the latest Western nation to endorse Morocco's autonomy proposal as a solution for the decades-long Western Sahara dispute, according to a joint Moroccan-Belgian declaration signed Thursday.
In the heart of Khartoum state's largest industrial zone, an engineer bends over a broken machine with a pair of pliers and a bunch of wires, trying to breathe life back into a production line wrecked by more than two years of war.
Beneath a smog-choked sky, the once-glistening waters of Gabes in southern Tunisia run dark with rust-coloured streaks. Trees are dying, fish vanishing and a suffocating stench infuses the air.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.