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Algeria shuts down Saudi Al Arabiya channel
Algeria has retrieved the accreditation of the Saudi state-owned Al Arabiya channel, claiming it airs fake news. The Algerian Ministry of Communication said in a statement the move was motivated by “the non-respect by this channel of the rules of professional ethics” and “its recourse to disinformation and manipulation.” It is unclear what the fake […]
EIB, Banque Misr ink two deals to support SMEs in Egypt
The European Investment Bank (EIB) and Banque Misr have signed two technical assistance agreements to support small- and medium-sized enterprises (SMEs), Arab Finance reports citing emailed press release on July 6th. The first program will bolster Banque Misr’s credit risk management and help it adopt SME financing best practices. The second according to the statement […]
Morocco, sole country eligible for flexible credit line in MENA Region – IMF Chief
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, highlighted Morocco’s exceptional economic management, noting that it is the only country in the MENA region eligible for the IMF’s Flexible Credit Line (FCL). At the IMF’s Spring Meetings, Georgieva commended Morocco for its robust fiscal and monetary policies, stating, “Morocco has done really […]



