finance

Invisible Infrastructure Underpinning Morocco's World Cup Development Drive

As Morocco gets ready to co-host the 2030 FIFA World Cup, headlines laud the continent's first super-speed train

The cranes are rising, but the real action is happening behind the scenes… in Morocco’s markets.

Libya’s Central Bank discusses salary tax and fuel subsidy

The Central Bank of Libya (CBL) is in discussions with the House of Representatives’ finance committee, over efforts to boost

Siemens Gamesa to build 500 MW wind farm in Egypt’s Gulf of Suez

Siemens Gamesa has signed an agreement to build, finance, and operate a 500-megawatt wind farm in Egypt’s Gulf of

Egypt completes $6 billion in state asset sales

As part of Egypt’s ongoing privatization initiative, $6 billion has been secured from the sale of state-owned enterprises. Earlier

UAE & other investors back Morocco-Nigeria Gas Pipeline Project

Morocco’s Minister of Energy Transition Leila Benali has told the Moroccan Parliament that the United Arab Emirates, as well

IMF says Egypt should be cautious over interest rates, monetary policy

The International Monetary Fund (IMF) has said that Egypt should tread carefully with regard to the potential easing of interest

Egypt nears $300m loan from China-led AIIB as debt swaps accelerate

Egypt is close to securing $300 million in budget support from the Beijing-based, China-led Asian Infrastructure Investment Bank (AIIB), with

IMF Head: Morocco only country eligible for flexible credit line in MENA region

Speaking at the IMF Spring Meetings in Washington D.C., the Managing Director of the International Monetary Fund (IMF), Kristalina

Algeria set to impose stringent sentences on financial speculation

Algeria’s Justice Minister Lofti Boudjemaa has stated that prison sentences for financial speculation and market manipulation will now range

Morocco signs deal to establish Mauritania’s first stock exchange

Morocco and Mauritania have signed a landmark agreement to establish Mauritania’s first stock exchange in its capital, Nouakchott, according

Egypt cuts interest rates for first time since 2020

Egypt's central bank cut interest rates by 225 basis points on Thursday, the first reduction since 2020, citing