The US State Department denied Egypt $96 million in aid and delayed $195 million in military funding because of concerns over Egypt’s human rights record and its cozy relationship with North Korea. Sources from the State Department confirm that Secretary of State Rex Tillerson authorized the $195 million to be held in reserve until Egypt […]
International credit rating agency, Fitch Ratings, highlighted Morocco’s stable and predictable economic policies, which are propitious for attracting investments and improving public finances by boosting growth and narrowing the budget deficit while withering external financial shocks. “GDP growth will recover to above 3% in 2017,” Fitch Ratings said in an analysis on its website in […]
Egypt and Saudi Arabia agreed Sunday to set up $10-billion joint fund for the development of the Egyptian side of NEOM city in the South of the Sinai restive Peninsula. The agreement took place in the presence of Saudi Crown Prince Mohamed bin Salman, or MBS, who is paying a three-day visit to Cairo. The […]
