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. […]
Finance
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 […]
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 […]
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 […]