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EBRD Lends Egypt €205 Million for Rehabilitation of Cairo Metro
The European Bank for Reconstruction and Development (EBRD) has announced a €205 million loan to Egypt to help the transports authority rehabilitate Cairo Metro, the major means of public transport in the Egyptian capital. The funds will finance urgent works on Line 1 – the oldest of the Cairo underground lines – which remains the […]
IMF and UM6P Urge New Growth Model for Middle East and North Africa
The Middle East and North Africa (MENA) region should treat its current wave of geopolitical, economic, and technological shocks as an opportunity to rethink growth models and accelerate structural reforms, according to Jihad Azour, director of the International Monetary Fund’s Middle East and Central Asia department. Speaking Monday in Rabat at the opening of the […]
UN General Assembly reaffirms exclusivity of UN political process to resolve Sahara issue
The United Nations General Assembly adopted a resolution reaffirming its support for the political process conducted under the exclusive auspices of the UN Security Council for the resolution of the regional dispute over the Moroccan Sahara, and reiterating the definitive burial of the referendum. The General Assembly thus confirmed the resolution adopted by the 4th […]



