Libya
EU-backed Libyan coastguard accused of firing on rescue ship
The NGO SOS Mediterranee accused Libya’s coastguard of firing on its vessel, the Ocean Viking, while it carried 87
Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, according to reporting by Reuters, extending a reduction begun in April. It is the second interest rate cut in more than five years, suggesting lower inflation could spur further rate cuts in the future. Egypt’s economy grew 4.3% year-on-year in Q4 of 2024 driven largely by foreign assistance.
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Libya
EU-backed Libyan coastguard accused of firing on rescue ship
The NGO SOS Mediterranee accused Libya’s coastguard of firing on its vessel, the Ocean Viking, while it carried 87
Morocco
Morocco secures $200m AIIB loan for climate resilience
The Asian Infrastructure Investment Bank will lend Morocco $200m to bolster climate resilience, the Chinese embassy in Rabat announced, according
Tunisia
Tunisia shuts information agency, sparking outcry
Tunisian rights groups condemned the government’s closure of the National Authority for Access to Information, an independent body created
Opinion
Egypt trades sovereignty for solvency
The Arab world’s former leader now takes orders from its bankers. For decades, Egypt was the lodestar of the