Algeria crossing post

Egypt Sovereign Fund unveils plans to establish 2,600 new hotel rooms in downtown Cairo

Ayman Soliman, Chief Executive Officer of the Sovereign Fund of Egypt (SFE) unveiled plans for upgrading downtown Cairo and the Ministries Square, including the establishment of 2,600 hotel rooms, the development of 15,000 square meters of green spaces, and the revitalization of historical buildings, Ahram Online reported Thursday. Soliman speaking at a meeting of the […]

Morocco’s King expresses resolve to enhance constructive cooperation with Mauritania

King Mohammed VI has sent a message of congratulations to President Mohamed Ould Cheikh El Ghazouani of Mauritania, on his country’s national day. In this message, the Monarch expressed his deep satisfaction with the close ties of brotherhood binding the two peoples, and reiterated his willingness to continue working together with the Mauritanian President to […]

Tunisia: Talks with IMF for new financing program start Monday

Tunisia is starting this Monday formal talks with the International Monetary Fund (IMF) for a credit line to be used to prop up the sluggish economy of the North African country, a source at the Central Bank of Tunisia (CBT) told state-run news agency TAP. The team of the Washington-based international financial institution is expected […]