King Mohammed VI & King Salman

In Q4 of 2023–2024, Egypt’s State debt decreases by 2.1%

Egypt’s total public debt fell by 2.1 percent in the final quarter of the 2023/2024 fiscal year, according to the Ministry of Finance. By the end of June, the debt had decreased to LE 12.52 trillion from LE 12.78 trillion recorded in March 2024. This reduction was primarily driven by a 2.7 percent decline in […]

Germany funds Tunisia’s coastline protection with €15-million

The German Bank of Development, KfW, has earmarked €15 million to fund the Tunisian Coastal Protection Program-Phase V (PPLT), meant to protect the coasts of Tunisia against climate change consequences. KfW signed the financing agreement Wednesday with the Tunisian foreign ministry, state-run news agency TAP reports. “Protecting Tunisia’s coasts from the consequences of climate change […]

UN pays tribute to victims of transatlantic slavery, calls for financial reparations

The UN chief has called for reparations over the transatlantic trafficking of enslaved people during the 15th to 19th century as a way to tackle its legacy in today’s society, including systemic racism. Top United Nations officials, including its Secretary-General Antonio Guterres and the President of the General Assembly on Monday (25 March) paid tribute […]