RAM

Egypt’s Central Bank raises cash withdrawal limit, extends bank hours amid telecom disruptions

The Central Bank of Egypt (CBE) has temporarily raised the daily cash withdrawal limit for individuals and businesses at bank branches from EGP 250,000 to EGP 500,000. This exceptional measure is intended to cushion the impact of ongoing telecommunications disruptions that have affected regular banking operations across the country. The CBE stated that the adjustment […]

Qatar to grant Tunisia $2bn credit line

Qatar will grant Tunisia, in June, a credit line of $2 billion, Riadh Chaïbi, advisor to the Speaker of the Tunisian Parliament, Rached Ghannouchi announced as Tunisia’s Prime Minister Hichem Mechichi is currently undertaking a three-day state visit to the Gulf country. Mechichi, during a meeting with his host, Qatari Premier Sheikh Khaled bIn Khalifa […]

US looks to Africa to secure energy transition metals

Amid growing global competition for strategic minerals, the US is relying on Africa to reduce the dominance of China over resources used for electric batteries, U.S. Deputy Treasury Secretary Wally Adeyemo said. “We don’t want to be overly reliant on any one country or any one company for global supply chains for critical minerals,” Adeyemo […]