Egypt’s stock market, Global Carbon Council to expand regional climate action scope

The Egyptian Exchange (EGX) signed a memorandum of understanding (MoU) with the Global Carbon Council (GCC) to enhance regional climate activities, Arab Finance reports citing an emailed press release. According to the agreement, carbon footprint certificates registered with the Global Carbon Council will be available for trading on the EGX, allowing investors to diversify their […]

IMF hails resilience of Morocco’s economy to recent shocks

The International Monetary Fund has praised the resilience shown by Moroccan economy to challenging external conditions. Despite water scarcity, the September 2023 earthquake, and country’s economic activity picked up to 3 % in 2023 thanks to strong exports and a rebound of domestic demand In a press release issued Wednesday, the Fund’s Executive Board, which […]

Morocco launches comprehensive mining sector reform to attract investment

Morocco’s Ministry of Energy Transition, led by Leila Benali, has initiated sweeping reforms to revitalize the mining sector as a strategic pillar of economic sovereignty and territorial development. The comprehensive overhaul includes legislative changes, digitalization initiatives, and targeted regional development programs designed to unlock the sector’s investment potential. A draft law amending Law No. 33.13 […]