MENA’s economic outlook fraught with uncertainty amidst conflict, indebtedness — WB report

Lackluster growth, rising indebtedness and heightened uncertainty due to the conflict in the Middle East are impacting economies across the Middle East and North Africa (MENA) region, says a new report by the World Bank. According to the World Bank’s MENA Economic Update, the regional economies are expected to return to low growth akin to […]

A US diplomatic mission in Dakhla, a magnet for investors – Analysts

The historical decision by the Trump Administration to recognize Morocco’s sovereignty over the Sahara and Washington’s plans to open a diplomatic mission for economic affairs in the city of Dakhla will turn the territory into a magnet for US investors, some analysts argue. Morocco clinched a major victory Thursday after US President Donald Trump andicated […]

Egypt, China ink deal to develop drought and salt-tolerant crops

Both Egypt and China’s ministers of Agriculture signed Wednesday August 16 to collaborate on developing drought and salt-tolerant crops to overcome water scarcity and salinity in Egypt as the country confronts the major impacts of climate change, “Ahram Online” reports. Egypt’s El-Sayed El-Quseir and his Chinese counterpart Tang Renjian signed the agreement which the Egyptian […]