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Egypt’s reserves hit new low
The Central Bank has announced that foreign exchange reserves have reached new levels since the interim government took over in July. This report marks the third consecutive time that the reserves have been depleting. Analysts have claimed that the trend will continue till the end of the year. The country’s reserves dropped from $18,6 billion […]
Algeria Issues List of Official Positions Banning Dual Nationality
Any Algerian vying for political, military and judicial top positions needs to be holding the Algerian nationality only and renounce dual nationality if such is the case, the Algerian Presidency announced. In total, 15 top positions are targeted by the decision. The new law published earlier this month restricts the positions of Parliament Speaker, Prime […]
Egypt: Renewable energy to supply 42% of energy mix by 2040
Egypt’s ambitious goals to have renewable energy accounting for over 42% of Egypt’s energy mix by 2040 were outlined during the BRICS Energy Ministers Conference held in Moscow this week. In an address before the conference, Minister of Electricity and Renewable Energy, Mahmoud Esmat, said Egypt also targets to capture 5-8% of the global green […]



