The European Commission will grant Tunisia a €600 million loan to help the country limit the economic fallout of the coronavirus pandemic. Tunisia is part of ten European Union enlargement and neighborhood partners for whom the European Commission proposed a €3 billion macro-financial assistance (MFA) package. Tunisia has forecast an economic recession estimated at 4.3 […]
The Central Bank of Egypt (CBE) has handpicked Barclays Bank as an international sell-side advisor for the sale of its 99% stake in the state-owned United Bank, Egypt Today reports. Barclays will work alongside local financial advisor, CI Capital, the media also notes. United Bank is one of the 32 state-owned companies the Egyptian government […]
The number of Tunisian militants joining the Islamic State in Syria & Iraq is one of the highest among the foreign jihadists adhering to the radical terror group, warned lately the United Nations Working Group on the use of mercenaries. “Sophisticated travel networks operate to take recruits across the porous borders, and sometimes through areas […]
