IRAN-SAEGH

IMF gives go-ahead for $8 billion loan to Egypt

The IMF agreed to offer Egypt a loan worth 8 billion dollars under an Extended Fund Facility to support the country’s economic stability. Following its review, the IMF noted that Egypt’s recovery was slowed by rising global inflation, foreign exchange shortages, and elevated debt levels. Egypt is also struggling with new challenges such as the […]

With a totally flawed perception, the Polisario declares a flop in Strasbourg “a victory”

The Polisario last week gave another proof of its totally flawed perception. Faithful to its tactics to proclaim imaginary diplomatic victories in the Sahara issue, declared to great trumpeting and chest beating that a “Western Sahara inter-group” was set up at the European Parliament. The news was of course relayed by the Algerian news agency […]

EBRD Supports Tunisian SMEs with €5 Mln Loan

The EBRD is strengthening the competitiveness of small firms in Tunisia by increasing the availability of funds, with a €5 million loan to Compagnie Internationale de Leasing (CIL). Access to finance and liquidity constrain the growth of many private businesses in the country. Micro, small and medium-sized enterprises are the core of the Tunisian economy, […]