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World Bank ready to increase its support to Morocco
The World Bank Vice-Pdt for the MENA region Farid Belhaj has voiced the bank’s readiness to increase its support to Morocco in social and economic sectors to enable the Kingdom take up development challenges. At separate meetings in Rabat with Head of Government Saad Dine El Otmani and Moroccan Minister of Economy & Finance Mohamed […]
Egypt sets up consulting firm for transport projects
The Egyptian Transport ministry signed on the 19th of June a Memorandum of Understanding (MoU) with an International/Egyptian alliance to set up a consulting firm that will provide consulting services in the fields of transportation projects. The Egyptian-French consortium comprises French Aegis Alliance, the International Consulting Company (Sestra) and Shaker Engineering Company. The new firm, […]
In Q4 of 2023–2024, Egypt’s State debt decreases by 2.1%
Egypt’s total public debt fell by 2.1 percent in the final quarter of the 2023/2024 fiscal year, according to the Ministry of Finance. By the end of June, the debt had decreased to LE 12.52 trillion from LE 12.78 trillion recorded in March 2024. This reduction was primarily driven by a 2.7 percent decline in […]



