On December 3, the Central Bank of Egypt (CBE) announced that Kuwait has agreed to extend a $2 billion deposit for an additional year. Originally set to mature in April 2024, the deposit will now mature in April 2025, according to the CBE’s latest external position report. This decision provides Egypt with crucial financial breathing […]
Libya’s new Prime Minister-designate Fathi Bashagha arrived in Cairo where he is expected to hold consultations on the situation in the oil-rich country with Egyptian top officials and the US ambassador, reports Italian news agency Nova. The agency citing unnamed sources adds that Bashagha will meet with U.S. Special Envoy and Ambassador to Libya, Richard […]
A rare cross-party coalition in Spain has called for Morocco’s exclusion from co-hosting the 2030 FIFA World Cup, treating the global governing body as if it were a family heirloom, even as the joint Spain-Portugal-Morocco bid succeeded largely thanks to African support secured by Rabat. Right-wing Vox, left-wing Sumar and Podemos, and elements of the […]
