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Morocco’s Central Bank Holds Interest Rate at 2.25%, Sees Growth at 5% in 2025

Morocco’s central bank kept its benchmark interest rate unchanged at 2.25% on Tuesday, citing contained inflation and steady economic recovery, while projecting growth to reach 5% in 2025 before easing to an average of 4.5% in 2026 and 2027. Bank Al-Maghrib’s board, meeting for its fourth quarterly session of the year, said agricultural output is […]

Libya: UN-led talks suspended by Tobruk, Muslim Brotherhood proposes solution

The Tobruk-based parliament has asked the UN mission to postpone talks scheduled to take place on Wednesday because it wants to thoroughly revise the possibility of forming a unity government. The two rival governments were in Morocco last week to discuss a political solution but the spokesman of the Tobruk parliament Faraj Bohashim said that […]

Egypt mull plans to list SCA companies on Cairo stock market

The Suez Canal Authority (SCA) is considering listing three companies on the Egyptian Exchange (EGX) by the end of the year, Chairman of the SCA Osama Rabie said. Rabie, in an interview with Al-Arabiya, said that studies are underway with the finance and investment ministries and that the chosen companies are those that achieve the […]