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Egypt: Bankruptcy evident if situation continues

President Morsi’s outstanding powers has led to demonstrations in the streets demanding him to relinquish them and it has made it effects on Egypt’s benchmark stock index is as it fell by almost 10% in the first trading session since the presidential decrees. The ongoing political tensions in an already paralyzed economy spread swiftly through […]

Teachers’ wage hike to cost government $900 million

The Moroccan government will have to spend 900 million dollars (9 billion dirhams) in 2024 and 2025 on the new deal struck with teachers to end their long strike, education minister Chakib Benmousa said. After negotiations with teachers’ unions, the government had agreed to a wage hike of 1500 dirhams and an increase in other […]

King Mohammed VI Hosts Dinner for SIAM 2026 Guests as Agriculture Trophies Are Awarded

King Mohammed VI offered a royal dinner on Thursday evening at the Mechouar Stinia-Sahrij Souani complex in Meknès in honor of the guests and participants of the 18th edition of the Salon International de l’Agriculture au Maroc. The dinner, chaired by Prime Minister Aziz Akhannouch, brought together an assembly that reflected the salon’s standing as […]