Cairo's foreign reserves fell by about 20 percent in one year to $34.45 billion -- about $28 billion of which are deposits from wealthy Gulf donors. Experts have for months warned that Egypt is among the top five countries at risk of defaulting on its debt, which hit a record...
UAE, Turkey to ink new agreements during Erdogan’s visit: official
The UAE and Turkey are expected to sign new agreements and "renew previous commitments" during the upcoming visit of the Turkish President, Recep Tayyip Erdogan, to the UAE in February, a senior Turkish official said. "Our President’s visit to the UAE is currently confirmed and the preparations are ongoing. This...
