ceasefire-libya

Egypt’s foreign reserves hit record high of $50.07 billion in October

The Central Bank of Egypt (CBE) announced on Sunday that the country’s net international reserves reached a historic 50.07 billion U.S. dollars by the end of October, up from 49.53 billion dollars in September. This marks the highest level of foreign reserves in Egypt’s history, reflecting the impact of ongoing financial reforms and a resurgence […]

Morocco deploys “Marhaba Operation” to facilitate diaspora’s return home for summer holidays

The Mohammed V Foundation for Solidarity launched this Wednesday the “Marhaba Operation” 2024 destined to facilitate the return home of Moroccans living abroad for their annual summer holidays. Some 1400 persons have been mobilized to ensure success to this annual operation to last until Sept.15. The Foundation’s executives, social workers, doctors, paramedical staff as well […]

Morocco: Consumer Boycott Costs Centrale Danone 150 mln DH in Losses

Moroccan subsidiary of French diary company Centrale Danone has announced heavy losses estimated at 150 million Dirham for the first half of the year due to a continuing consumer boycott. The boycott was launched on April 20 and caused the company to suffer a steep deficit after posting 56 million Dirham profits the same period […]