Saudi Arabia will invest two billion dollars in Algeria
Some businessmen of Saudi-Arabia are willing to invest in Algeria more than two (2) billion dollars in four months. The information was given by […]
Finance
Ethiopia: Africa’s fastest growing economy prepares first dollar bond
A source has revealed that Ethiopia is preparing to follow the footsteps of Ghana, Kenya Senegal and Ivory Coast by selling its first dollar bond. […]
Deutsche Bank to give Egypt $35 million
Egypt’s Investment Minister Ashraf Salman has met with Sebastian Caulfield, Deutsche Bank’s Board of Directors member overseeing the bank’s investment portfolio. With Egypt aspiring to […]
BADEA to finance $ 50 Million worth African development projects
The Arab Bank for Economic Development in Africa (BADEA) has earmarked $ 49.964 million to finance a number of development projects and technical assistance operations […]
Egypt gets EU and WB support to overcome obstacles
Egypt has cashed in on around $600 million that could help it overcome some of the struggles that it has been going through. The government […]
Tunisia: EU gives Tunisia $300m Macro-Financial Assistance
The European Union and the Tunisian authorities have completed the signing of the Memorandum of Understanding (MoU) and the Loan Facility Agreement related to the […]
Egypt : Important project gets $60m loan
The Mall of Arabia shopping center will be benefitting from a $60 million loan from the International Finance Corporation (IFC), a member of the World […]
Libya : 56,5billion dinar budget approved after 6months
With more than half of the fiscal year gone, Libyan lawmakers have finally decided to vote the budget bill that was forwarded by the government. […]
Libya: PM al-Thinni blames Central Bank for failures
Libya’s political future still remains in shambles and the Central Bank is the latest institution being dragged into the melee. Outgoing Prime Minister, Abdullah al-Thinni, […]
Bahrain: IMF appreciates performance of Bahraini banks
Bahrain’s financial and economic authorities will be happy with the reports forwarded by the International Monetary Fund (IMF) and Moody’s rating agency after being considered […]