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Morocco hosts NATO’s Regional Endeavor 2025 to foster regional peace & stability

North Africa Post

Morocco hosted NATO’s Regional Endeavor 2025 to strengthen further regional cooperation, dialogue and interoperability between NATO partners for peace and stability. Organized by Allied Joint Force Command Naples (JFC Naples) and hosted by the Royal Moroccan Armed Forces from 28 April to 2 May, the event was opened by Brigadier Aziz Idrissi Yazani, head of […]
Egypt Energy Headlines

Egypt to increase green investment to 30 per cent in current budget

North Africa Post

The Egyptian government is set to dedicate 30% of the new budget for green investments, as compared to 15% in FY 2021/2022, minister of Finance said. Mohamed Maait also indicated that Egypt is planning to raise green investments under the FY 2024/2025 budget to 50%, Arab Finance reports. Egypt has embarked on the development of […]
Asia Business Egypt Headlines

Egypt Loses $10bn in Suez Canal Revenue because of Attacks in Bab al-Mandab Strait

North Africa Post

Egypt has lost $10 billion in revenues from the Suez Canal due to ongoing attacks on shipping in the Bab al-Mandab Strait, President Abdel Fattah el-Sisi said on Monday, May 4, during a meeting in Cairo with Mathias Cormann, 6th Secretary-General of OECD. The attacks, which began in November 2023, have significantly reduced vessel traffic […]