CFC

Egypt, Georgia ink agreement to promote investment cooperation

The General Authority for Investment and Free Zones’ (GAFI) CEO Hossam Haiba and CEO of Enterprise Georgia Mikheil Khidureli have signed a memorandum of understanding (MoU) to enhance investment cooperation between the two countries, the Egyptian side said in a statement on Monday. Enterprise Georgia is the corporate body responsible for promoting Georgian investment and […]

Muslim Countries Pledge to Vote for Morocco’s 2026 Bid

As was expected, member states of the Organization of Islamic Cooperation (OIC) promised to vote for Morocco’s 2026 bid on June 13 as it runs against the joint North American bid. The decision to back Morocco’s candidacy to organize the tournament was approved by OIC’s foreign ministers at the 45th session of their council. Morocco […]

Tunisia risks inflationary spiral as president seeks Central Bank funding for state budget

Economists warned Tunisia could plunge into an inflationary spiral if the central bank accepts direct financing of the state budget. Inflation was already at 8.1% in December and is expected to further raise and take a monetary character if the central bank accepts direct funding of the government. Tunisia’s president Kais Saied has asked for […]