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Egypt seeks to lure $10B FDI in FY 2022-2023
Egypt is looking to attract $10 billion-foreign direct investments for the fiscal year 2022-2023, Arab Finance reports citing a report by the Ministry of Planning and Economic Development on the goals of the budget bill. The report says the government is also pursuing the creation of around 900,000 jobs annually to keep the unemployment rate […]
Qatar: Financial impact begins, Germany warns of military powder keg
The growing diplomatic rift between Qatar and other regional Doha as S&P downgraded its credit rating from AA to AA- while warning that further steps in this vein could follow. The decision was made late on Wednesday. The crisis has also reflected on the country’s stock market as it slipped by 9%. The riyal has […]
Morocco ready to help Algeria fight wildfires
King Mohammed VI has instructed the Interior and Foreign Ministers to express to their Algerian peers Morocco’s readiness to help Algeria fight the forest fires that are ravaging several regions of the country. According to a statement by the Foreign Ministry, two Canadairs were mobilized, on the King’s orders, to take part in this […]



