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The Egyptian pound and foreign currencies
During the inauguration ceremony of the National Initiative for Economic Launch, the Egyptian Prime minister said that there are expectations that some prospective investments can “help reduce the budget deficit” before the end of the year because these investments can go up to LE20 billion. These remarks came after saying that the transfer of funds […]
Algerian Civil War novel earns Kamal Daoud France’s top literary prize
The Prix Goncourt, France’s most prestigious literary prize, went this year to French-Algerian writer, Kamal Daoud, for his novel “Houris,” set during Algeria’s civil war in the 1990s. The novel has stirred the anger of the military regime in Algiers, whose leaders have had a role in the civil war that opposed the government to […]
Morocco’s Touissit Mining Company banks on copper and gold for recovery
Morocco’s Compagnie Minière de Touissit (CMT) appears to be stabilizing after a turbulent 2024 marked by legal disputes and exceptional financial losses, with analysts projecting a potential recovery driven by new deposits and strategic refocusing on critical metals. BMCE Capital Global Research forecasts encouraging prospects for 2025, with revenues expected to rise 4.1% to 610 […]



