Foreign Affairs

Egypt, Jordan and Pakistan FMs prepare for Board of Peace meeting in DC

Foreign Minister Badr Abdelatty discussed on Friday with his Jordanian and Pakistani counterparts, Ayman Safadi and Ishaq Dar, preparations for convening the Board of Peace meeting, scheduled to be held in Washington DC.

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Egypt, Jordan and Pakistan FMs prepare for Board of Peace meeting in DC

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Egypt, Jordan and Pakistan FMs prepare for Board of Peace meeting in DC

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The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) cut its key policy rates by 100 basis points at its latest meeting, while the CBE’s Board of Directors lowered the required reserve ratio (RRR) for commercial banks to 16 percent.

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Reports US sending second aircraft carrier to ME as Trump applies more pressure on Iran

The United States is sending a second aircraft carrier strike group to the Middle East, redeploying the USS Gerald R. Ford to join the USS Abraham Lincoln, as the Trump administration applies more pressure on Iran to sign a nuclear deal favourable to Washington and Tel Aviv.