Latin America

Egypt: New trade entity aimed at strengthening exports across Arab markets

Egypt is set to establish a new trade entity aimed at strengthening exports across Arab markets, as part of a broader strategy to drive economic growth. The Arab Alliance for Industrial Investment, comprising 41 private Egyptian companies, is expected to be fully operational by next week, according to a report by Ashraq Business released on […]

Moroccan farmers condemn attacks on their exports in EU

A group defending the interests of Moroccan farmers, COMADER, denounced the attacks on trucks exporting Moroccan fresh produce in the EU. Videos on social media showed angry Spanish farmers taking aim at Moroccan trucks loaded with tomatoes heading to the UK market. “We express our concern following the recurrent and unjustified attacks on Moroccan products […]

Imported inflation behind surge of foodstuff, fuel prices in Morocco – Central Bank

Morocco’s central bank revised upwards its inflation figures for 2021 to 1.4% from 1.2% due in part to a surge in foodstuff and fuel prices in the international market. Though inflation is expected to remain under control, the central bank said it plans an inflation targeting as it continues currency reforms, yet without giving a […]