Thu. Oct 24th, 2024
International Monetary Fund

Delay in disbursing the third tranche of the International Monetary Fund loan to Egypt

The latest updates from the Fund’s Executive Board showed that Egypt was temporarily excluded from the list of…

3 months ago

Egypt buys 770,000 tons of wheat in the largest deal since 2022

The Authority, which is the government buyer of grains in Egypt, explained that the deal included 720,000 tons…

3 months ago

Inflation rate in Egypt drops to less than 28%

This decrease is due to economic reform efforts and the Egyptian authorities’ support for macroeconomic indicators. Ivana Hollar,…

3 months ago

The Algerian president expects national income to reach $400 billion by 2027

President Tebboune pointed out that Algeria has achieved positive economic indicators in recent years, which paves the way…

3 months ago

Egypt: Historic surplus in net foreign assets after the recovery of the dollar

This increase represents a development that has not occurred in 28 months, as it comes in light of…

4 months ago

30 people were killed during anti-government demonstrations in Kenya

The organization reported that these numbers are based on testimonies, public information, and hospital and death records, while…

4 months ago

Morocco is considering adopting the “electronic Dirham” in financial transactions

The growth of “electronic currencies” internationally prompted the Moroccan Bank to try to explore electronic currency and approve…

4 months ago

Egypt increases the daily power cut to three hours due to the heat wave

Load reduction hours will be between two in the afternoon and eight in the evening, local time, or…

4 months ago

To finance the budget…Tunisia obtains a syndicated loan of $175 million

Finance Minister Siham Al-Boughdiri said that the combined loan will contribute to “stabilizing the foreign currency reserve,” at…

5 months ago

A sharp decline in the revenues of the Suez Canal due to tensions in the Red Sea

The Egyptian minister's remarks came during his participation in the economic policy-making conference held in Cairo, as the…

5 months ago

Politics South Africa welcomes Turkey’s joining of “genocide” case against Israel

South Africa welcomes Turkey’s joining of “genocide” case against Israel

South Africa’s Minister of International Relations and Cooperation, Ronald Lamola,...

2 months ago

Politics Egyptian citizenship revoked from director Wael Seddiki

Egyptian citizenship revoked from director Wael Seddiki

The Egyptian government headed by Dr. Mostafa Madbouly withdrew the...

2 months ago

Politics Sudan opens Adre border crossing to send aid to Darfur

Sudan opens Adre border crossing to send aid to Darfur

Sudan’s Transitional Sovereignty Council decided on Thursday to open the...

2 months ago

Politics Libya… Belqasim Haftar conducts an inspection tour in the city of Al Bayda

Libya… Belqasim Haftar conducts an inspection tour in the city of Al Bayda

Eng. Belqasim Khalifa Haftar, Director General of the Libya Development...

2 months ago

Politics Mali… Demonstration in Koutiala against Ukraine supporting terrorism in the country

Mali… Demonstration in Koutiala against Ukraine supporting terrorism in the country

Hundreds of demonstrators in the southern Mali city of Koutiala...

2 months ago

Politics Analysis – The power struggle at the Central Bank amid the Libyan chaos

Analysis – The power struggle at the Central Bank amid the Libyan chaos

Western Libya is witnessing a new chapter of internal conflicts...

2 months ago

Politics Egypt tightens health measures to combat monkeypox

Egypt tightens health measures to combat monkeypox

The Egyptian Ministry of Health and Population has ordered the...

2 months ago

Politics Khalifa Haftar hosts Emirati delegation to discuss new development projects in Benghazi (Photos)

Khalifa Haftar hosts Emirati delegation to discuss new development projects in Benghazi (Photos)

Field Marshal Khalifa Haftar, Commander-in-Chief of the General Command Forces,...

2 months ago

Economy U.S. report ranks Morocco among top ten investment destinations in Africa

U.S. report ranks Morocco among top ten investment destinations in Africa

A report issued by the American magazine “Business Insider”, specialized...

2 months ago

Economy Egypt boosts local auto industry with six new models by 2027

Egypt boosts local auto industry with six new models by 2027

Egyptian Prime Minister Dr. Mostafa Madbouly announced progress in plans...

2 months ago

Economy Libya leads Africa in oil reserves despite political challenges

Libya leads Africa in oil reserves despite political challenges

Libya ranked first in the list of African countries in...

2 months ago

Economy Egypt prepares to buy a large quantity of wheat

Egypt prepares to buy a large quantity of wheat

Traders in the European and Middle Eastern grain market said...

2 months ago