Pr Mohamed amarti

Egypt: FRA reveals size of non-banking financing in July 2024

The Financial Regulatory Authority (FRA) reported a notable increase in non-banking financing across various sectors in July 2024. According to the latest figures, the number of consumers benefiting from consumer finance rose to 2.127 million in July 2024, up from 1.986 million in July 2023. The total volume of outstanding loans for micro, small, and […]

Founder of Wagner Group blames international community for Libya’s woes

Yevgeny Prigozhin, founder of the Russian private military company Wagner, has accused the international community for Libya’s problems for trying to take money from the country, reports say. Speaking to Sputnik, Prigozhin also indicated that western states don’t help Libya for free and this is clear in the fact that top European officials and international […]

Casablanca Gets €172 Mln WB Loan to Support its Modernization

The World Bank Board has announced a €172 million loan to the Moroccan city of Casablanca, hosting around 12 pc of the North African country’s population and contributing 20 pc of the national GDP. The loan, first of its kind, will enable the city’s managers to solve its growing urban challenges. It will support the […]