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Suez Canal traffic rebounds as geopolitical calm boosts maritime confidence
Egypt’s Suez Canal recorded a 14.2 percent year-on-year revenue increase between July and October, driven by easing tensions in the Red Sea and renewed vessel movement following the Gaza ceasefire. Canal Authority Chairman Osama Rabie confirmed that 229 ships transited in October, the highest monthly tally since the onset of the regional crisis, with 4,405 […]
Monetary policy by itself not enough to ease inflation – Cent Bank governor says
Morocco’s central bank has hiked its key rates by 50 basis points to 2% to tame a soaring inflation, but this measure alone is not enough to tackle inflation according to central bank governor Abdellatif Jouahri. “The job of the central bank is monetary policy but growth is the job of the government,” he told […]
Morocco to Build $4.6 Bln Natural Gas Plant
Morocco, which imports most of its energy needs, is planning to build a $4.6 billion natural gas plant, part of its strategy to enhance its energy mix and autonomy. This project has been announced by the Moroccan Energy Minister Aziz Rabbah in Abu Dhabi, on the sidelines of his participation in the 8th session of […]



