EU to loan Egypt €1.1bn for financing three transport projects

The European Investment Bank (EIB) will loan Egypt by year’s end €1.1 billion in form of financing package for the implementation of three transport projects in the Arab country. The package will come in two installments. The first tranche will take place in December and valued at €600 million, the Egyptian cabinet said in a […]

World Bank’s Sweden-funded program to unlock trade through economic growth in MENA region

The World Bank has launched a new Sweden-funded Trade Facilitation Support Program (TFSP) in Middle East and North Africa (MENA) that aims to streamline trade processes, reduce costs, and enhance connectivity, thereby boosting regional and international trade. By aligning with international standards and focusing on inclusive growth, the TFSP is designed to boost economic development, reduce […]

Morocco’s Tax Authority Deploys AI Against Organized Fraud in Record-Breaking Year

Morocco’s Direction générale des impôts (DGI) generated a record 20.93 billion dirhams in additional revenues from tax control and regularization operations in 2025, an 18 percent increase on the prior year, as the administration advanced what it describes as a fundamental shift in fiscal doctrine. Rather than using audit activity as a quick budgetary lever, […]