Macron in Tunis

Egypt suspends customs duties on essential goods for six months

Egypt’s Premier Mostafa Madbouly announced Monday October 9 the government decision to suspend from next Saturday duties and customs on essential goods as part of the efforts to curb inflation, especially in food prices. Speaking at a press conference, Madbouly indicated that the government also agreed to reduce the prices of seven basic commodities by […]

Islamic finance booming in South East Asia

According to a report published by Ernst & Young’s Global Islamic Banker of Excellence, global demand for Islamic bonds could triple to $900bn by 2017. This expected rise is partly driven by the fact that conventional investors look to securities backed by tangible assets. South East Asian economies, especially Malaysia is pushing to play the […]

Morocco to bolster forces with 25 F16 fighters

The US Defense and Security Cooperation Agency (DSCA) announced the approval of a sale of 25 F-16C/D Block 72 fighter jets for a cost of $3.8 billion to Morocco’s Royal Armed Forces. The deal will further bolster Morocco’s air force supremacy in the region as the North African country plans to revamp its operating fleet […]