The International Monetary Fund has urged countries of the Middle East and North Africa to diversify their economies and implement policies that support jobs and productivity, like education and infrastructure reforms. Growth is slightly improving in this region, largely driven by higher oil prices and improved export prospects, said the IMF in its latest regional […]
With rumors surrounding the market claiming that some Egyptians have withdrawn their funds from banks out of concern they would be frozen by the authorities, Egypt’s central bank has taken steps to safeguard deposits in local and foreign currencies in Egyptian banks in response to the rumors. In a press release to address the situation, […]
Ties between Beijing and Cairo should be boosted because the two share complementary pro-development policies and the North African country will play a crucial role in the Silk Road Economic Belt and the 21st-Century Maritime Silk Road initiative often known as the Belt and Road. The remarks were made by Han Bing, counselor for economic […]
