The Central Bank of Egypt (CBE), on Thursday, 25 December, announced a 100-basis-point reduction in its key interest rates, marking its fifth rate cut this year as policymakers respond to easing inflationary pressures. In a statement, the CBE said its Monetary Policy Committee lowered the deposit rate to 20 percent, the lending rate to 21 […]
Morocco’s textile and clothing sector demonstrates measured resilience amid intensifying global competition, maintaining its eighth position among EU sourcing destinations with 7% growth in 2025. However, structural challenges reveal the urgent need for strategic transformation toward higher value-added production. Latest data from Eurostat and Morocco’s Foreign Exchange Office show the kingdom’s textile exports to the […]
In order to encourage parents to put their children in school as early as possible, the World Food Program (WFP) has signed for a second time a partnership agreement with Vodafone Egypt. Wanting more Egyptians to benefit from the program, Vodafone has given $USD 1 million. This sum is planned to nourish 75 000 people, […]
