Economy

Egypt’s annual urban inflation rate rose to an all-time high of 36.5% in July, up from 14.6% in the same month a year earlier, the country’s Central Agency for Public…

TUNIS, July 21 (Reuters) – Algeria has applied to join the BRICS group and submitted a request to become a shareholder member of BRICS Bank with an amount of $1.5…

Tunisia – The banking rent is the main obstacle to monetary policies in Tunisia, which are characterised by their inability and failure to achieve the desired objectives, according to a study…

Rabat – In the face of a global economic slowdown and unprecedented inflationary pressures, Morocco’s banking sector has remained “resilient,” according to an annual report on the banking sector from…

Rabat – Morocco is bidding to secure new livestock supplies to meet local demand amid significant drought and water challenges. Australian news outlet ABC said on Monday that the North…

Egypt’s real gross domestic product (GDP) reached 4.2% in the elapsed fiscal year (FY) 2022/2023, Finance Minister Mohamed Maait announced on July 19th. Revenues achieved an annual growth of about…

With large debt repayments due soon, Tunisia is facing the threat of sovereign default unless the government agrees to devalue the currency and embark on a large fiscal consolidation, meeting…

Masdar Energy, an Emirati company known for its significant investments in renewable energy and sustainable technologies across the Middle East, is finally making its debut in Morocco after more than a…

Although Morocco experienced a slowdown in its economic growth in 2022, the National Accounts of the Moroccan HCP have shown a clear improvement of the national economy in the first…

CAIRO, July 5 (Reuters) – Activity in Egypt’s non-oil private sector continued to decline in June although at a slower pace as inflationary pressures eased slightly, a survey showed on…