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Tunisia’s uphill battle to economic recovery
Tunisia has been already facing an acute economic crisis when Covid-19 propelled a downturn that cost the jobs of 165,000 people. The tourism-reliant economy has been gradually recovering from the fallout of instability and terrorist attacks on arrivals when the pandemic shattered hopes for a swift recovery. So far, 40% of handicraft enterprises and 35% […]
Coronavirus: Egyptian private airlines seek government intervention
Egyptian private airlines have called the civil aviation ministry to help them cope with losses incurred because of the Coronavirus pandemic, Middle East Monitor (MEMO) reports. The ministry on its facebook page said chairmen of the companies have sought the ministry’s help to stop the bleeding of losses suffered by the private companies and help […]
EIB, Banque Misr ink two deals to support SMEs in Egypt
The European Investment Bank (EIB) and Banque Misr have signed two technical assistance agreements to support small- and medium-sized enterprises (SMEs), Arab Finance reports citing emailed press release on July 6th. The first program will bolster Banque Misr’s credit risk management and help it adopt SME financing best practices. The second according to the statement […]



