Egypt has received warnings that the European Union (EU) would stop its aid package of €5 billion if its reforms for democracy fail to be effective. In the European Union’s latest report, the European Commission was unsatisfied with the progress Egypt has registered since the elected government took over. EU has already cut some of […]
Libya’s Minister of Economy and Trade, Mohammed Al-Huweij, has announced an integrated policy framework aimed at protecting consumers, stabilizing prices and combating currency smuggling, as part of broader efforts to regulate the domestic market. The plan, developed on the instructions of the Prime Minister, also includes the preparation of a guiding import budget to align […]
Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]
