Algeria: Bank rating agency project under elaboration
A project is on its way to create a bank rating agency in Algeria. The announcement of the project’s elaboration was made by the general […]
Finance
Egypt Gets $2 Bln Loan from Qatar
The newly formed Egyptian government has managed to get a $2 billion loan from the oil-rich emirate of Qatar, the second country after Saudi Arabia […]
Morocco: Sovereign bond in October
According to a senior official who spoke on the condition of anonymity, the government is on the verge of selling at least a billion dollar […]
Jordan to Receive $2 Bln IMF Funding Boost
The Jordanian government will receive a $ 2 billion financial assistance from the International Monetary Fund (IMF) to enable the Hashemite Kingdom carry out its […]
Tunisia issues a $485 million bond with US support
Tunisia has issued a $485 million sovereign bond guaranteed by the United States, which evidences thus Washington’s strong commitment to help Tunisia strengthen its ability […]
China offers new $20 billion worth loans to Africa
China announced on Wednesday that it would offer Africa new loans worth $20 billion over the next three years to support infrastructure, the manufacturing industry […]
Egypt’s stock market indices make record gains in 9 years
Egypt’s stock market indices have made record gains in 9 years following the victory of Mohammed Morsi of the Muslim Brotherhood in the Egyptian presidential […]
Africa: International community pledges financial contribution to energy projects
The international community and several world and regional financial institutions have pledged, during the recently held Rio+20 earth summit, substantial financial contributions to upgrade the […]
Kenya gets French loan to upgrade electricity distribution
France will extend Kenya a 78.5 million euro loan to help the African country upgrade its power transmission lines and eliminate blackouts. The concessional loan […]
KSA set up holding company worth $2.4 billion in S.Africa
South Africa and Saudi Arabia have set up a holding company worth $2.4 billion that will be made up of different business sectors, including real […]