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Banque Misr taps Talabat Egypt to provide financial and non-financial services MSMes

Egyptian State-owned “Banque Misr” has signed an agreement with food delivery services provider Talabat Egypt to offer financial and non-financial services to Micro and Small businesses (MSMes), per a press release issued Monday. According to the agreement, Talabat Egypt’s partners will receive concessional financing of up to EGP 2 million ($65,000) needed for their micro […]

King Mohammed VI Orders Holding of Elections of Moroccan Israelite Communities

Morocco’s King Mohammed VI, Commander of the Faithful, has ordered the holding of elections of bodies representing the Moroccan Israelite communities, said a press release issued Friday by the Interior ministry, noting that these polls have not been organized since 1969. The Moroccan Sovereign also urged the Interior Minister to make sure that these elections […]

Time, Money Running out for Algeria- Stratfor Warns

International think tanks and risk consultancies continue to draw bleak prospects for Algeria whose finances have been severely battered by low energy prices coupled with a decline in output and an increase in domestic consumption. In a detailed report, Statfor, a US firm specialising in geopolitical risk analysis, warns of the unravelling of Algeria as […]