Power-station egypt

Libya: Arrest and surrender Saif al-Islam immediately, ICC Prosecutor

The Chief Prosecutor of the International Criminal Court Fatou Bensouda has reacted to the release of Saif al-Islam Gaddafi in Libya by stressing that the arrest warrant issued in 2011 by the ICC “remains valid and Libya is obliged to immediately arrest and surrender” him “regardless of any purported amnesty law in Libya.” Saif has […]

Egypt: 3month successful stock market gains ends

Stock markets in Egypt suffered another major loss with fingers pointing at different reasons after a successful 3month recording of gains. The main index slide by 3,5% but the Egyptian pound rose against the US dollar. Investors are skeptical about Egypt’s future especially with the fast approaching May presidential elections coupled with the continuous violence […]

Morocco’s Central Bank Maintains Key Interest Rate Unchanged at 2.25%

Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]