Egypt's central bank has maintained interest rates at a historic high for the second consecutive meeting, aiming to sustain the slowdown in inflation following a significant currency devaluation, Bloomberg reports.
On Thursday, the Monetary Policy Committee announced that the benchmark deposit rate would remain at 27.25%, and the lending rate at 28.25%.
This cautious stance persists despite a fourth consecutive month of declining inflation in the North African nation as of June.
According to reporting by Anadolu, Algeria and Mauritania discussed ongoing security issues in Africa and signed a defense cooperation agreement
Dubbed Civilization Eagle 2025, China and Egypt have conducted their first-ever joint air force exercise, with coordinated flights and tactical
Libya’s Government of National Unity says it will upgrade both processes and practicalities of cross border travel with neighboring
France’s ambassador to Rabat, Christophe Lecourtier has told Moroccan media that his country proposes to open a visa application
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