Egyptian and French navy forces are conducting a joint military training under the name “Cleopatra 2017” in Egypt’s Mediterranean and Red Sea waters, according to a statement from the Armed Forces. France and Egypt’s Mistral helicopter carriers, as well as a number of frigates, rocket launchers, and Egyptian F-16 helicopters, will be used in the exercises.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…