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MENA region: IMF forecasts growth to reach 2.2% in 2024 & 4% in 2025

Growth in the Middle East and North Africa region (MENA) is projected to increase from 1.8% in 2023 to 2,2% in 2024 and 4% in 2025, the International Monetary Fund (IMF) said Tuesday. This is a downward revision from the April projections, the IMF pointed out in its World Economic Outlook (WEO) report. In April, […]

Italy Plans Sending Navy Units off Libyan Coasts to Curb Illegal Migration

Italy is planning to send ships in Libyan waters by the end of August to combat human trafficking and stem a huge influx of immigrants, a government source said on Thursday. The announcement came after Italy’s Prime Minister Paolo Gentiloni said that the internationally recognized government in Tripoli requested in a letter Italy’s help through […]

Morocco Launches Major Mining Exploration Tender in South-Eastern Region

Morocco has launched an international tender for mining exploration in the Tafilalet and Figuig Mining Region, a zone rich in gold, silver and copper, lead, zinc and barite. The tender covers a large area stretching over 13,000 square kilometers. Moroccan authorities said the bidders will have to meet strict technical, financial, social, economic, health and […]