Sputnik News Egypt Army Kills Over 50 Militants From Daesh Sinai Province Faction Egyptian army has killed over 50 militants affiliated with the Daesh extremist group in the north of Sinai Peninsula, local media reported, citing sources in the country's army. The military operation against the Wilayat Sinai (Sinai Province) militant group involved attack helicopters, planes and ground forces units, the Egyptian Masrawy news portal reported Monday. Last week, Egypt's Air Force aircraft attacked a group of the Sinai Province militants and killed at least 40 terrorists. Read more: http://sputniknews.com/military/20160105/1032687148/daesh-egypt-sinai.html#ixzz3wLcw8VAx All Africa Egypt: Sisi Urges Boosting Cooperation Between Egypt, Kuwait Parliaments President Abdel Fattah El Sisi stressed on Sunday 3/1/2016 the importance of boosting cooperation between Egyptian and Kuwaiti parliaments in the coming period. Sisi made the statements during a meeting with Speaker of the Kuwaiti Parliament Marzouq al Ghanem, Presidential Spokesman Alaa Youssef said. Egypt is eager to widen its parliamentary activities in the coming period to play a more active role in both the Arab Parliament and the Inter-Parliamentary Union, Sisi said. Read more: http://allafrica.com/stories/201601041887.html Bloomberg Saudi Arabia to support Egypt with $3B of loans Saudi Arabia agreed to provide Egypt with more than $3 billion in loans and grants to help its dollar-starved economy. The kingdom will loan $1.5 billion to develop the Sinai Peninsula and $1.2 billion to finance Egypt's oil purchases, Egyptian Minister of International Cooperation Sahar Nasr said in Riyadh. Egypt will also receive a $500 million grant for buying Saudi exports and products, she said. The loans will be formally signed Tuesday. Read more : https://www.dailystar.com.lb/Business/Regional/2016/Jan-05/330190-saudi-arabia-to-support-egypt-with-3b-of-loans.ashx