Morocco to cut fiscal deficit to 3% in 2026, thanks to higher tax revenue

Morocco expects to further cut its fiscal deficit from 4% in 2024 to 3.5% in 2025 and 3% in 2026, despite an increase in spending on social protection, Fouzi Lekjaa said. The deficit was at 7.1% when the government took office in 2021, at a context marked by a recovery from the economic impact of […]

Egypt mulls plans to increase accommodation capacity of Cairo airport to 30 million passengers per year

The Egyptian Government is planning to expand by two folds the capacity of the Cairo International Airport to 30 million passengers per year, a cabinet statement issued on Monday January 15 said. Minister of Civil Aviation Mohamed Abbas presented in a meeting with Prime Minister Mostafa Madbouly the preliminary financial studies for the project which […]

Italian newspaper La-Luce names late Egyptian President Morsi personality of year 2019

Italy’s La-Luce newspaper has named former and late Egyptian President Mohamed Morsi “personality of the year 2019” for his sacrifice for democracy”. The media last week published the picture of the former leader on its cover with the description: Uomo Dell’ Anno 2019 (The man of year 2019). The paper said it handed the recognition […]