France to lend Tunisia 135 million euros to finance projects — premier

French Prime Minister Bernard Cazeneuve, left, talks to Prime Minister of Libya Fayez Al-Sarraj at the French embassy in Tunis, Tunisia. (AP Photo/Hassene Dridi)
Updated 07 April 2017

France to lend Tunisia 135 million euros to finance projects — premier

TUNIS: France has agreed to lend Tunisia 135 million euros ($143 million) to finance two infrastructure projects, Tunisia’s prime minister said on Friday.
“France will finance two projects, the first worth 60 million euros and another with 75 million euros,” Prime Minister Youssef Chahed said at a news conference with French Prime Minister Bernard Cazeneuve in Tunis.
The French Development Agency (AFD) will finance a project to expand the potable water network and will fund a metro project.
France, one of Tunisia’s biggest economic partners, will also convert 35 million euros of debt into investment after an operation last year to convert Tunisian debt worth 60 million euros, the French Prime Minister said.
Cazeneuve said France would continue to support Tunisia after it launched “courageous economic reforms” and called on foreign tourists to visit Tunisia to help revive an economy struggling after deadly attacks on tourists in 2015 by Islamist militants.
The North African country has been lauded as the only political success story of the Arab Spring for its democratic transition. But it has made slow progress on economic reform to curb public spending and deficits.


Egypt banks step up anti-virus efforts

Updated 26 November 2020

Egypt banks step up anti-virus efforts

  • asures recommended by the Federation of Egyptian Banks also include a ban on face-to-face meetings.

CAIRO: Up to half of bank employees in Egypt will be encouraged to work from home under guidelines to counter a second wave of the coronavirus pandemic.

Measures recommended by the Federation of Egyptian Banks (FEB) also include a ban on face-to-face meetings.

In a letter to banks, the FEB said its guidelines were aimed at ensuring sustainable operations “in the current circumstances.”

Banks will continue to operate from 8.30 a.m. to 3 p.m. for the public and from 8 a.m. to 4 p.m. for employees.

Previous guidelines were issued by the FEB on March 30 and April 5.

The federation's latest plan includes a follow-up on alternative workplaces to allow departments to continue working in cases of forced interruption.

The plan also issues strict instructions on wearing face masks in the workplace and while using the bank’s buses.

Employees also have been urged to follow precautionary measures while using public or private transport, and to avoid crowded places.

The FEB banned face-to-face meetings, replacing these with video conference meetings, and also underlined instructions to sanitize all surfaces using alcohol-based sanitizers, to regularly sanitize all workplaces at weekends, to provide sanitizers in areas that host employees and clients, and to regularly sanitize all main elevators.

Office boys and janitors have been instructed to wear face masks and to use paper cups instead of glass or metal ones.

The FEB said it will continue to post awareness videos and statements on combating the coronavirus.

It has urged banks to use e-payments, to continue banning delivery persons from entering the workplace, to continue halting the delivery of daily newspapers and magazines, and to continue temperature testing by security officials at workplace entrances.