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Meriem Chaqroun Bensaleh Promotes Women Entrepreneurship at G20

Leading Moroccan businesswoman and president of the Moroccan Confederation of Businesses (CGEM), Meriem Chaqroun Bensaleh, took the stage at the G20 Summit in Hambourg along with Global business leaders at the launch event of the Women’s Entrepreneur Finance Initiative (We-Fi), a World Bank facility focused on promoting women’s entrepreneurship in developing countries. Invited by the […]

Algeria risks bleak economic prospects in 2026 as Oil prices slump

Algeria’s state-led economic model faces growing vulnerabilities as global oil prices weaken and fiscal imbalances deepen, while diversification stalls. Latest IMF and World Bank assessments reveal a troubling mix of widening deficits, persistent unemployment, and distorted macro indicators that mask underlying fragility. The IMF projects average oil prices at $65.8 per barrel in 2026, down […]

Egypt greenlights new oil exploration deals with Russia’s Lukoil

The Egyptian Parliament has endorsed two significant oil agreements, authorizing the Ministry of Petroleum and Mineral Resources to formalize contracts with Russian energy giant Lukoil, further cementing Cairo’s strategic alliance with Moscow in the energy sector. The first deal grants exploration and production rights to Lukoil Overseas Egypt Ltd., in partnership with the South Valley […]