Egypt’s company running the country’s new capital city project has rejected Dubai-based Emaar Properties’ price proposal for lands that it plans to develop. Egypt launched in 2015 the construction of a new mega city on 700 square-kilometer swathe of desert, 45 kilometers of East of Cairo. The future will involve a business district to be […]
European health authorities have advised EU countries to issue travel warnings for regions in Africa witnessing an outbreak of the fast-spreading mpox virus and advised people traveling to these areas to get vaccinated. Following the detection of a new mpox variant in Sweden, the first case of this strain outside Africa, the European Centre for […]
Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the deposit base is positive for Morocco’s economic development because deposits represent about 70% of banking sector funding. “We expect growth of participation banks in Morocco will be high initially, as […]
