Emaar Misr has announced that it will be increasing its investments showing confidence in the Egyptian real estate market which they expect “to recover very soon in the middle to long term.” The company will be having its total investment portfolio stand at EGP 53billion during the course of the year. Presenting their investment plans, […]
The European Union released Wednesday €300 million accounting for the second tranche of the bloc’s support for the North African country in surfing the impacts of the COVID-19 pandemic. Tunisia received the first tranche of the same amount, in June last year. The bloc last year rubber stamped a Macro-financial Assistance (MFA) program worth €600 […]
Morocco’s trade deficit shrunk 12% in May as the coronavirus pandemic reduced demand both for imports and exports, the foreign exchange agency said. The 16.9% drop in imports to $17 billion from January to May came as a result of a fall in all imports except cereals, the agency said. Exports however dwindled 20% to […]
