An Egyptian lawmaker has revealed that the first review by the International Monetary Fund (IMF) of Egypt’s economic reform program, initially scheduled for September, has been postponed for the second…
Economy
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AfricaEconomyGlobal NewsMoroccoNewsNorth Africa
Morocco Will Host the Next Meeting of the IMF and the WB With the Focus on the African Economy
For more than half a century, the International Monetary Fund (IMF) and the World Bank (WB) have not held a meeting in Africa. Morocco will be in charge of breaking that…
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EconomyMoroccoNewsNorth AfricaSouth Korea
South Korea Pursues Economic Partnership Agreement with Morocco
by Myint Nyanby Myint NyanRabat – In a bid to expand its economic horizons and strengthen its global trade ties, South Korea is actively pursuing bilateral economic partnerships with seven emerging countries, including Morocco.…
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EconomyGlobal NewsMoroccoNewsNorth Africa
Morocco, a Key Trading Partner for the BRICS That is Not Yet Part of the Group
The meeting of the BRICS countries (Brazil, Russia, India, China and South Africa) held last week in Johannesburg did not result in any surprises in terms of new additions to the group,…
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In a special article entitled “Africa’s Growing Rise: The Rise of Morocco, Nigeria and South Africa” published in Forbes magazine, Henri Al Helaly, corporate strategist, entrepreneur and Chief Operating Officer…
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AfricaEconomyEgyptNewsNorth Africa
Why Egypt is Seeking New Financial Allies in the East
by Deepak Mirzaby Deepak MirzaThe economic situation in Egypt, one of the top three economies in the Middle East and the second largest in Africa, has become a national crisis. The intervention of the army in the country’s economy,…
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EconomyEgyptNewsNorth Africa
Will BRICS Throw a Lifeline to Dollar-strapped Egypt?
by Amila Herathby Amila HerathEgypt will become a full member of the BRICS club of emerging economies as of January 2024. The group had approved Cairo’s request to join the bloc during its summit in Johannesburg…
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WASHINGTON — China’s domestic economic woes are prompting fears that Beijing could compensate by escalating the risk of a war with the U.S. over Taiwan, according to experts who closely follow…
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Tunisia – Prime Minister Ahmed Hachani met on Friday with the Libyan Minister of Economy and Trade, Mohamed Al-Hwej. The meeting was attended by Minister of Economy Samir Saied, Minister of…
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BusinessChinaEconomyMoroccoNewsNorth Africa
Chinese Cobalt Supplier Huayou to Invest $20 Billion in Morocco Plant
Rabat – Chinese cobalt supplier Huayou unveiled plans to invest MAD 200 billion ($20 billion) in a factory dedicated to manufacturing batteries for electric vehicles in Morocco’s Laayoune Sakya Al…