Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.2 % & Expects 4.6 % Growth in 2025

Morocco’s Central Bank has decided to maintain the key interest rate unchanged at 2.25 percent due to deceleration in food prices and a slowdown of inflation from 2 % on average in the first quarter of this year to 0.7 % in April and 0.4 % in May. The decision was made by the Bank’s […]

Sudanese government rejects UN peacekeeping force

Sudan’s military led government, which has been mired in a civil war for over a year, rejected a call for sending UN peacekeepers to the country, amid a surge in atrocities against civilians. Earlier this month, the UN’s Independent International Fact-Finding Mission for Sudan urged sending peacekeepers to the country and imposing an arms embargo […]

Egypt: Middle East Largest Military Base Inaugurated

President Fattah al-Sisi inaugurated Wednesday Bernice military base, the largest in the country and the Middle East, set to emphasize Egypt’s influence in the Red Sea. Located on the Red Sea coast along Egypt’s southern borders, the Bernice base covers 150,000-acre and is house to a naval base, an airbase, an army hospital, some combat […]