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Egypt negotiates €4 billion financing deal with EU

Egypt is in talks with the European Union (EU) to secure €4 billion ($4.2 billion) in financial assistance to support its ongoing reform efforts. The funds, which are expected to be allocated for budget support rather than specific projects, are part of Egypt’s broader strategy to stabilize its economy amid external challenges. Minister of Planning, […]

Election of Parliament Speaker Complicates Benkirane’s Bid to Form Coalition

Leftist MP Habib El Malki of the USFP party was elected Monday Speaker of the Lower House of Parliament amid fears that such a decision may further complicate the stalling formation of a coalition government by Abdelilah Benkirane, Secretary General of the Islamist PJD party. Benkirane was appointed Head of Government by King Mohammed VI […]

Morocco Hosts Conference on Arab Inclusive Growth & Job Creation

The city of Marrakech will host next Jan.29-30 an international conference on promoting higher economic growth, job creation, and inclusiveness in the Arab World. Building on the 2014 Amman conference “Building the Future”, which highlighted the need for growth to generate jobs and for its benefits to be shared more widely, the 2018 Marrakech conference […]