By Josep Borrell Five years ago this week in Vienna, the E3/EU+3 (China, France, Germany, the Russian Federation, the United Kingdom and the United States, along with the European Union’s High Representative
The credit quality of real estate companies in the United Arab Emirates will erode on the back of the double hit from coronavirus and the oil price slump, Moody’s Investors Service said
Banks in the Gulf Cooperation Council (GCC) region will see their profits fall this year as economies shrink amid the coronavirus outbreak and lower oil prices, but have adequate capital underpinning their
The European Union and the European Bank for Reconstruction and Development (EBRD) are providing some €61 mln in ‘green finance’ to support green, innovative investments in Egypt, Morocco and Eastern Partnership countries
The European Bank for Reconstruction and Development (EBRD) is reinforcing its support for the Egyptian economy with $300 mln of fresh facilities to two leading banks in Egypt to support businesses and
The outlook for Lebanon’s banking system has changed to negative as business activity stalls and the economy slides into paralysis, while the government defaulted on foreign debt payments last month, Moody’s Investors
Cyprus authorities brought 87 irregular Syrian migrants safely to shore after their wooden boat was picked up by radar sailing 20 nautical miles off the island’s south-eastern coast, police said Monday. A
By Cyril Widdershoven The East Med-Turkey confrontation, which has heated up over the last few days after Ankara’s new offshore drilling in Cyprus announcement, could reap the rewards of the Berlin Conference
Greece and Egypt voiced serious concern over the Turkish President Recep Tayyip Erdogan’s decision to send military forces to Libya. In a telephone conversation with his Greek counterpart Nikos Dendias, Egyptian Foreign
Cyprus President Nicos Anastasiades said on Tuesday his government is using diplomacy to ensure international law and stability prevails as the Libya conflict unfolds. Asked about developments in the Eastern Mediterranean and
