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Egypt: Approval of IMF recommendation for bigger role of private sector

Egypt’s President Abdel Fattah al-Sisi on Thursday approved a document outlining 62 economic activities the state will withdraw from and turn over to the private sector, a cabinet statement said. The document’s approval was required by the International Monetary Fund, which this month approved a $3 billion financial support package for Egypt. The statement said […]

Is Algeria the Odd One Out in the Arab Spring?

In many ways, it appears as if Algeria is weathering the Arab Spring fairly well. Despite its sheer size, it has dodged the cycle of demonstrations and upheaval, even though the Arab Spring started right in the next door Tunisia. Its long-term president Abdelaziz Bouteflika has maintained a façade of democracy, though his tenure has […]

Soluna says its Dakhla wind power project moving forward

Cryptocurrency firm Soluna said it maintains its plans for a 900 MW wind farm in Dakhla and has made progress towards developing the site. Speaking to the media Wednesday, Soluna CEO John Belizaire said that the progress is being made and authorizations of Moroccan authorities including the regional investment council, energy ministry and industry ministry […]