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Finance

Suez Canal investment project launched

May 14, 2013 Steven Addamah 0

Prime Minister Hesham Qandil has pointed out that the government is willing to offer some areas around the Suez Canal for investment projects, but it […]

Bank Asset sales lure investors back to Egypt

April 29, 2013 Geraldine Boechat 0

The National Bank of Egypt (NBE) and Banque Misr have made clear their desire to sell their foreign assets, prompting investors to term the Egyptian […]

The sinking of Egypt’s currency

April 25, 2013 Steven Addamah 0

The Egyptian pound is still going through its worst period after reaching a new all-time low against the United States dollar at an average of […]

Libya: Growth pegged at 3% after production rise

April 18, 2013 Steven Addamah 0

The economy minister has forecasted a growth of 3% in 2013 after the country reached the post uprising era level of production. His prospect is […]

Tunisia on the road to sign a deal with IMF

April 16, 2013 Steven Addamah 0

Tunisia has finally reached an agreement with the International Monetary Fund for the $1,78 billion precautionary loan. Negotiations between the two parties have been tedious […]

Egypt: Central bank holds special auction

April 15, 2013 Geraldine Boechat 0

The obligation to provide basic imported commodities has forced the Egyptian central bank to auction $600 million. Despite such an amount, foreign exchange dealers believe […]

Egypt and the IMF: towards a bigger loan?

April 8, 2013 Steven Addamah 0

The update given by the Egyptian Planning Minister after talks with the International Monetary Fund has raised eyebrows. Minister Ashraf El-Araby described the talks as […]

Tunisia: IMF deal optional, Sukuk more important

April 3, 2013 Geraldine Boechat 0

Tunisia and the International monetary Fund (IMF) will be signing the loan agreement in May while they will be holding their “last round of discussions” […]

Egypt: Sukuk Market Will Increase as soon as the Legal Framework is Established

March 25, 2013 Steven Addamah 0

Sukuk will be sued to finance the upcoming Public Private Partnership (PPP) projects according to the financial advisor to the Ministry of Finance, Ahmed Al-Naggar. […]

Tunisia: Germany ready to increase investment and aid

March 20, 2013 Geraldine Boechat 0

Germany’s foreign minister, Guido Westerwelle, said they are ready to be more active in Tunisia provided that the country continues to move towards democracy. Minister […]

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  • PM Modi’s Ghana visit rekindles historic ties, anchors India’s West Africa pivot
  • Sahara: Ecuador Supports Morocco’s Autonomy as the Basis for Resolution of decades-long conflict
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  • Jihadist Attacks in Northern Nigeria Leave 28 Dead and Dozens Injured
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