Egypt's annual urban consumer inflation is projected to fall sharply to 14.5% in February, down from 24.0% in January, according to a Reuters poll of 15 analysts. The significant decrease is attributed to the exceptionally high price increases over the past two years no longer influencing the statistics. The data, gathered between February 27 and March 5, suggests a notable easing of inflationary pressures.
Morocco has approved the creation of a new state-backed company aimed at developing industrial zones dedicated to domestic defense production,
Algeria has canceled a major port construction deal with China and is now turning to France to modernize its maritime
Escalating hostilities between Israel and Iran over the weekend have rattled Egypt’s economy and dealt a blow to its
Morocco is ramping up investment in desalination, dams, and water transfer projects to counter prolonged drought and protect its agricultural
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