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Morocco to increase two-fold agricultural GDP by 2030

Morocco aspires to double its agricultural GDP between 2020 and 2030 to 250 billion dirhams thanks to a new strategy dubbed Green Generation. It also aims at boosting Morocco’s exports to 60 billion dirhams by 2030, head of the Moroccan agency for agricultural development (ADA) said. This new strategy, spurred by King Mohammed VI, also […]

Egypt loses 70% of Suez Canal revenue due to Gaza war – IMF

The ongoing Gaza conflict has severely affected Egypt’s economy, leading to a sharp 70 percent drop in Suez Canal revenues Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said. In an interview with Youm7, Georgieva acknowledged Egypt’s commitment to advancing crucial economic reforms despite the challenges posed by regional instability. Georgieva announced plans […]

Syria: EU adds eleven businessmen, five entities to sanctions list

The European Council added eleven prominent businessmen and five entities to the list of those subject to restrictive measures against the Syrian regime and its supporters. These businessmen and companies are involved in luxury estate development and other regime-backed projects, and as such support and/or benefit from the Syrian regime, the Council said in a […]