The Central Bank of Egypt (CBE), on Thursday, 25 December, announced a 100-basis-point reduction in its key interest rates, marking its fifth rate cut this year as policymakers respond to easing inflationary pressures. In a statement, the CBE said its Monetary Policy Committee lowered the deposit rate to 20 percent, the lending rate to 21 […]
President of the Central African Republic Faustin-Archange Touadéra has addressed a written message to King Mohammed VI. The message was handed over by CAR Foreign Minister Sylvie Baïpo-Temon to her Moroccan peer Nasser Bourita at a meeting in Rabat Monday. During a press briefing following the meeting, Baïpo-Temon praised “the excellent cooperation that the Kingdom […]
French rail giant Alstom has announced an investment of over $ 10 million to boost Morocco’s multi-platform production line for train driver desks, giving a new impetus to the country’s railway industrial value chain. “Seeing this first global production line established within our AMECA region is a strong signal of the industrial momentum we are […]
