Tunisia: Central Bank Predicts 2 per cent Growth for 2016

Tunisia’s economy will witness little growth this year (2 per cent) and next year (3.5 per cent) with tourism and agriculture sectors still in difficult situations, the Central Bank announced. The Central Bank’s report indicates that contrary to 2015 marked by a growth rate estimated below 1 per cent, hitting nearly 0 per cent, Tunisia […]

Egypt: foreign companies and investors exodus

Property experts have raised alarm on the intense backtracking of foreign companies due to the political crisis that the country is experiencing. Some property prices have fallen to a 4-year low because of the sudden fall in demand. According to experts, international investors are expected to follow suit by focusing more on real estates in […]

Mauritania: Towards reduction of prices of certain staple foods

The Mauritanian Ministry of Commerce announced a new memorandum of understanding with the Federation of Commerce, aimed at lowering the prices of essential foodstuffs. This agreement seeks to alleviate the financial strain on Mauritian consumers by stabilizing the cost of basic groceries amid challenging economic conditions. According to the Ministry’s statement, the new pricing concerns […]