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Africa to receive major share as FIFA injects $5 bln into global football development
Africa is set to remain one of the biggest beneficiaries of FIFA’s $5 billion global development program, FIFA officials said. FIFA said nearly a quarter of all Forward funding mobilized since 2016 has gone to Africa, placing the continent on equal footing with Asia and Latin America as a priority region. Officials said the allocation […]
Egypt extends tax-free car import initiative
Egypt will extend for additional three months the tax-free car import initiative launched by the country in view of widening the beneficiary base, Arab Finance reports. Finance Minister Mohamed Maait who made the announcement said that the number of beneficiaries has increased by more than three times during the first two months of the initiative’s […]
Morocco deepens ties with China in push for balanced global engagement
As Morocco continues to diversify its global partnerships, foreign Minister Nasser Bourita’s recent visit to China last week marks a significant step in Rabat’s quest to consolidate international support for its autonomy plan in the Sahara. The visit, highlighted by the signing of a memorandum of understanding and the establishment of a permanent strategic dialogue […]



