Egypt took over from Morocco the co-presidency of the Global Counterterrorism Forum (GCTF). The Arab country will co-chair the forum with the European Union, GCTF said Thursday during a ceremony held in the Egyptian capital, Cairo. “We are honored to be hosting the first GCTF Coordinating Committee meeting, co-chaired with the European Union, in which […]
World Bank has pumped a quarter of a billion dollar in Egypt to create job opportunities. The money is channeled through labor-intensive projects with the objective of developing skills and easing the employment of people. Priority is being given to those in the poorest areas of the country such as Upper Egypt. The bank’s country […]
Morocco’s central bank, Bank Al Maghrib, said growth will reach 3.3% in 2018 and 3.5% in 2019, down from 4% last year. The bank kept its benchmark interest rate unchanged at 2.25%, as the financial conditions look stable since the launch of the gradual dirham float last January. Inflation was expected to reach 1.8% on […]
