State Department

Egypt converts fund into notes, bonds underway

The Governor of the Egyptian central bank, Hisham Ramez, has said that they have converted $2,5billion into 18-month notes and there are ongoing plans to convert an extra $3 billion into three-year bonds. The monies were provided by Qatar as deposits to the bank as part of its efforts to help Egypt overcome its crisis […]

Moroccan, Russian Businessmen Set to Boost Bilateral Cooperation

The means to boost bilateral trade between Morocco and Russia will be on top of the agenda of an economic forum in Agadir on September 15 between businessmen from the two countries. In this respect, about 40 Russian businessmen will be attending the event which aims at boosting Russian-Moroccan cooperation in fields pertaining to trade, […]

World Bank suspends partnership with Tunisia due to racism

The World Bank said it halted cooperation with Tunisia after a surge in racism in the country triggered by anti-migrant speech by its president. President Kais Saied stoked racism in the country, triggering a spate of state-condoned violent acts that affected many Sub-Saharans living in the country. News agencies, including Reuters, said the World Bank […]