Tunisia hold’s auction to ease budget deficit
Some on the belongings of ex-president Zine al Abidine Ben Ali will be going under the hammer in Tunisia. He left the country when protests […]
Finance
Egypt: QNB is taking over Société Générale
Cairo’s bourse three week high journey was brought to an end after Société Générale decided to sell its stakes in Egypt’s National Société Générale Bank […]
Egypt: Markets react positively to announcement
The announcement by President Mohammed Morsi to backtrack on his controversial presidential decree which broadened his powers and led to the most popular protest during […]
Egypt: ADB investment and development loan
Egypt’s search for funding has been given another facelift as the African Development Bank (ADB) decides to help the country get over its troubles. The […]
Tunisia Gets $ 500 Mln WB Loan for Inclusive Growth
The Tunisian government has received $ 500 million loan from the World Bank to enable the North African country carry out key reforms, boost economic […]
Egypt: a negative trading day
The Egyptian stock exchange experienced a negative trading day as it recorded its worst in two and a half months. Closing on Sunday, the stock […]
Djibouti’s Islamic finance strategy revealed
Islamic finance is getting popular by the day across the Middle East and North Africa as transactions continue to grow despite the global economic crisis. […]
Morocco: attracting investors from the gulf
Positive developments are coming from the king’s visit to the Gulf countries halfway through his tour. King Mohammed has already visited Saudi Arabia and Jordan […]
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 […]
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 […]