UNRWA to Receive over $14 Mln Assistance from EU
The UN Relief and Works Agency for Palestine Refugees in the East (UNRWA) is expected to receive $14.3 million in financial aid from the European […]
Finance
Egypt Receives $ 2 Bln Financial Support from Turkey
The Egyptian Muslim Brotherhood-led government has managed to obtain a $ 2 billion aid package from Turkey, which stepped in to help the most populous […]
Mauritania: Economy scored better-than-expected performance
Mauritanian economy has scored better-than expected performance and was resilient to exogenous shocks thanks to a fiscal and external policy space that have reached unprecedented […]
Morocco’s government sells 10% of BP
As Morocco continues to relieve itself away from the economic crisis that it is going through, the government has sold a 10% stake in ‘’Banque […]
Jordan: easing government financial constraints
The law that will make the issuing of sovereign sukuk possible in Jordan has been approved by the upper house and it’s now awaiting promulgation. […]
US to guarantee Tunisia’s borrowing
Tunisia is hoping that the United States will help it ease its economic difficulties after the government promised to guarantee almost a fifth of the […]
Morocco gets renewable energy loan
Morocco has received a loan from the African Development Bank to be invested in its renewable energy programs. The 800 million dollar loan will allow […]
Tunisia: Central Bank raises Key rate
The Central Bank’s Key interest rate has been lifted in Tunisia as the country struggles to fight against the rising inflation. The new rate has […]
S&P removes Egypt from credit watch rating, confirms rating B
The rating agency Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local currency sovereign ratings on […]
Egypt: Central bank accepts and offers new bonds
The central bank of Egypt has fallen short of its initial objectives to collect 13 billion Egyptian pounds in the seven day repurchase agreements that […]