Egypt to float military-owned firms as part of economic reform drive

Egypt is preparing to list stakes in several military-affiliated companies on the stock exchange, in a major step towards reducing state control and encouraging private sector participation in the economy. Prime Minister Mostafa Madbouly announced the move following the signing of an agreement between the Sovereign Fund of Egypt, the Armed Forces’ National Service Projects […]

Lebanon: No president for 360days, U.N concerned

After a year without a president, UN Special Coordinator for Lebanon Sigrid Kaag pleaded the leaders in Lebanon to forgo their political rivalries and prioritize their nation’s interests amidst the regional crisis especially the armed conflict in Syria. Political parties have failed to reach an agreement on a Christian candidate to serve as president after […]

Morocco Steps Up Cooperation with OECD

Head of Moroccan Govt Saad Eddine El Othmani and Secretary-General of the Organization for Economic Cooperation & Development (OECD) Angel Gurría signed on Tuesday a Memorandum of Understanding (MoU) to renew the Country Program to support the reform agenda set by the North African Kingdom. Following the implementation of the first phase of the Country […]