Tunisia’s former first lady died Sunday as Tunisians were casting their vote to elect the successor to her husband, Beiji Caid Essebsi who passed away late July. Hafedh Caid Essebsi, one of the late leader’s sons announced the death of his mother, Chadlia Farhat Essebsi, 85, in a facebook post. “My mother Chadlia, widow of […]
Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]
Morocco’s spending on subsidies of basic consumer goods dropped to 2.2 billion dirhams by April, from 5 billion dirhams the same period last year. The drop in subsidies bill was mainly ascribed to the 68% decrease in the cost of butane gas as well as sugar prices. Morocco also subsidies flour. Therefore, it is expected […]
