MENASource

EconSource: Egypt May Start Talks with IMF Amid Dollar Shortage; Amer Denies

By EconSource

Egypt is preparing to start loan talks with the International Monetary Fund (IMF), an anonymous senior government official said Wednesday. The size of the loan Egypt has not yet been determined yet.

Top News: Houthis and Saudis agree on border truce and prisoner swap

By MENASource

Houthi militants have freed a Saudi soldier in return for seven detained Yemenis as part of a tribal-mediated border truce agreed by both sides, the Saudi-led coalition said Wednesday.

Top News: Egypt Parliament Approves New Bylaws

By EgyptSource

Egypt’s parliament approved on Tuesday its new internal bylaws that will regulate the conduct of MPs over the next five years. Over the past three months, since parliament’s first session, the proceedings were regulated by the 1979 bylaws. At the end of the debates on Tuesday, parliament speaker Ali Abdel-Al said that “this is parliament’s […]

EconSource: Egypt Further Eases Restrictions on Foreign Currency

By EconSource

The Central Bank of Egypt (CBE) removed caps on foreign exchange deposits and withdrawals for companies importing essential goods on Wednesday to increase liquidity in the dollar-starved economy.

Top Story: EU, Turkey hope for migrant deal by March 17

European Union leaders hoped early Tuesday they reached the outlines for a possible deal with Ankara to return thousands of migrants to Turkey and said they were confident a full agreement could be reached at a summit next week.

Is ‘In Support of Egypt’ the New NDP?

By Yussef Auf

Soon after the official results of Egypt’s parliamentary elections were announced, vigorous efforts were underway to form a dominant parliamentary coalition. The coalition, In Support of Egypt, emerged in an effort driven by former army general, Sameh Seif al-Yazal—the head of the electoral list, For the Love of Egypt, which swept all 120 list seats […]

Top News: Sisi Addresses Issues in Sinai, Libya in Telephone Interview

By EgyptSource

In a phone interview on Amr Adib’s Al-Qahera al-Youm, President Abdel Fattah al-Sisi called on Egyptians to be patient with the government while discussing development in Sinai, and local and regional security. Sisi outlined development projects in Egypt, including in Sinai. “You do not have enough information about what is going on in Sinai,” he […]

EconSource: War Could Cost Syria $1.3 Trillion by 2020

By EconSource

The prolonged conflict in Syria could cost more than $1 trillion by 2020, according to a report by World Vision and Frontier Economics.

Libya at Another Crossroads

By Mohamed Eljarh

The UN Security Council (UNSC) held a session on March 2 to discuss the situation in Libya, where the UN special envoy to Libya Martin Kobler briefed the Council on the latest political, security, and humanitarian developments in Libya. The session comes as the prospects for success of the UN-led peace continue to diminish due to […]

Top News: Militants attack Tunisian forces near Libyan border, 50 killed

By MENASource

Dozens of Islamist fighters stormed through the Tunisian town of Ben Guerdane near the Libyan border on Monday, attacking army and police posts in a raid that killed at least 50 people, including civilians, the government and residents said. Soldiers killed 33 militants and arrested six, the Interior Ministry said.