Fitch-Ratings

Egypt’s central bank gets around $5.2bn from local banks to address growing economic pressures

The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]

MENA region to be World’s largest supplier of green hydrogen, study

The Middle East and North Africa region (MENA) is expected to be the world’s largest supplier of green hydrogen, with the region accounting for the greatest number of export-oriented low carbon hydrogen projects (CEBC), according to a study by Abu Dhabi-based Clean Energy Business Council (CEBC). The UAE is at the forefront of the region’s […]

Casablanca to host Smart City Summit focused on sustainable urban development

Casablanca will host innovators, decision-makers, and urban planners from across Morocco and Africa at the ninth edition of Casablanca Smart City on May 21-22, 2025. The event underscores the city’s growing influence in shaping urban development across the region. This year’s theme, “Smart NexGenCities: Innovate for a Sustainable and Inclusive Metropolis,” reflects a shift toward […]