Author: Steven Sahiounie

Egyptian President Abdel Fattah al-Sisi reappointed on Monday Prime Minister Mostafa Madbouly to form a new government after the latter submitted his cabinet’s resignation, following Sisi’s reelection for a third term last year, the presidency said in a statement. Egyptian President Abdel Fattah El-Sisi reappointed Prime Minister Mostafa Madbouly on Monday to form a new government after the latter submitted his cabinet’s resignation, following El-Sisi’s reelection for a third term last year, the presidency said in a statement.El-Sisi directed the new government to focus on lowering inflation and regulating markets as well as attracting and increasing local and foreign investments,…

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Egyptian President Abdel Fattah al-Sisi reappointed Prime Minister Mostafa Madbouly on Monday to form a new government after the latter submitted his cabinet’s resignation, following Sisi’s reelection for a third term last year, the presidency said in a statement.

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The Kuwait Fund for Arab Economic Development (KFAED) and Pakistan signed on Monday a KD 7.5 million (USD 24.4 million) loan agreement to fund the Mohmand Hydropower Dam project. According to a KFAED statement, the Loan agreement was signed by Malik Muhammed Farooq — Ambassador of the Islamic Republic of Pakistan to State of Kuwait — whereas Waleed Al-Bahar, Acting Director-General of Kuwait Fund for Arab Economic Development, signed the Loan Agreement on behalf of the Fund. “The Project aims to support the economic and social development in by enhancing national energy generation from the available hydro resources to meet…

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Türkiye’s exports to Israel came to a standstill in May, after the country’s government suspended all trade with the Jewish state in response to the IOF operations in Gaza, Bloomberg reported on Monday.

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Prime Minister Mohammad Mustafa and his Jordanian counterpart, Bisher Al-Khasawneh, today affirmed that the two-state solution is the only way for stability and peace. This came in a joint press conference between Prime Ministers Mustafa and Al-Khasawneh, in the Jordanian capital, Amman, on the sidelines of the meeting of the Joint Jordanian-Palestinian Higher Committee. The Prime Mustafa said that what is happening in the Gaza Strip and the West Bank does not only affect the economy and commercial activity, but also affects stability and security in the region, which requires engaging in a serious political process that leads to the…

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