Egypt's central bank on Wednesday cancelled a March 28 meeting of its Monetary Policy Committee (MPC),saying an unscheduled rate hike two weeks ago was sufficient.
The interest rate rise was meant to accelerate the monetary tightening process and ensure a decline in underlying inflation, Egypt's central bank said on March 6.
Egypt's central bank deputy governor said interest rates will fall again, as the tightening cycle is temporary.
Khalifa Haftar, commander of the Libyan National Army (LNA) that controls eastern Libya, recently held talks with Russian President Vladimir
Egypt has decided not to appoint a new ambassador to Israel until the war in Gaza comes to an end,
France’s development agency, AFD, plans to invest €150 million in Morocco’s southern provinces, including the disputed territory of
The USS Mount Whitney, the U.S. Sixth Fleet’s command ship, has docked in Nouakchott, underscoring Washington’s commitment
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