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
France, Greece, Egypt and Cyprus declared “null and void” agreements between Ankara and Libya assigning Turkey maritime rights that encroaches on other eastern Mediterranean states. Turkey was also “strongly condemned” for continued
Cyprus on Wednesday accepted a request from Washington to station a rapid response unit on the island in case US diplomatic missions or civilians need to be evacuated in the region following
Restrictions on capital movement imposed by Lebanese banks have put pressure on an economy which has traditionally relied on foreign direct investment and remittance inflows from the diaspora while also affecting investment
