ExxonMobil's Nigerian asset sale nears approval    Argentina's GDP to contract by 3.3% in '24, grow 2.7% in '25: OECD    Chubb prepares $350M payout for state of Maryland over bridge collapse    Turkey's GDP growth to decelerate in next 2 years – OECD    EU pledges €7.4bn to back Egypt's green economy initiatives    Yen surges against dollar on intervention rumours    $17.7bn drop in banking sector's net foreign assets deficit during March 2024: CBE    Norway's Scatec explores 5 new renewable energy projects in Egypt    Egypt, France emphasize ceasefire in Gaza, two-state solution    Microsoft plans to build data centre in Thailand    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    WFP, EU collaborate to empower refugees, host communities in Egypt    Health Minister, Johnson & Johnson explore collaborative opportunities at Qatar Goals 2024    Egypt facilitates ceasefire talks between Hamas, Israel    Al-Sisi, Emir of Kuwait discuss bilateral ties, Gaza takes centre stage    AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Headlines from the region
Published in Bikya Masr on 13 - 12 - 2010

ADFD plans to fund railway project in Morocco
Abu Dhabi The Abu Dhabi Fund for Development (ADFD) yesterday said it is funding a Dh367.3 million high-speed railway project in Morocco in line with its drive to support infrastructure projects in developing countries.
ADFD said the high speed railway project will connect the cities of Casablanca and Tangiers.
ADFD officials attended a ceremony marking the commencement of construction.
“In the ceremony, which was held in Tangiers and attended by His Majesty King Mohammad VI of Morocco, two loan and fund guarantee agreements, both estimated at around Dh367.3 million, were also inked,” ADFD said in a statement.
Algerian army kills 10 rebels
Algerian troops killed 10 Islamist rebels on Friday in the eastern Kabylie region known as a stronghold of Al Qaeda in the Islamic Maghreb (AQMI), a security source told Reuters on Saturday.
Between 3,500 and 4,000 troops backed by helicopters attacked a site between the cities of Boumerdes and Tizi Ouzou after intelligence officials heard that AQIM was planning to hold a meeting in the region.
“The operation is still ongoing and ten terrorists have been killed,” the source, who asked not to be named, told Reuters news agency.
Tunisia increases gasoline prices to trim budget deficit
The Tunisian government has raised gasoline prices by four per cent with the aim of cutting its budget deficit.
This is the second time in 2010 for the government to increase gasoline prices.
The price of lead-free petrol and premium petrol will rise to 1.370 Tunisian dinars (95 cents) from 1.320 dinars (91 cents), according to a press release from the Ministry of Industry and Energy. The price rise will be implemented starting today, Sunday.
Libya, Italy Reiterate Need for EU Funding to Fight Illegal Immigration
Italy and Libya have signed a technical and operational protocol to fight illegal migration by sea, according to the Italian media.
The agreement was signed by Italian Home Affairs Minister Roberto Maroni and Libyan Secretary of Public Security Abdelfattah Younis.
The two parties reiterated the need for the European Union to allocate greater funding and show stronger political commitment to countries which suffer an influx of migration either on transit or as a destination.
Disputed Border Area Could Reignite War In Sudan
The people of Southern Sudan vote next month on whether to split Africa's largest country and create one of their own. Whether things turns bloody — as they often have in Sudan — may hinge on what happens in Abyei, a disputed region along the border between the north and south.
Abyei, an oil-producing county, is supposed to choose whether to join the south in a vote to be held simultaneously with Southern Sudan's Jan. 9 referendum on independence. But it appears Abyei's planned January vote will either be postponed or even canceled.
BM


Clic here to read the story from its source.