The International Monetary Fund, IMF, announced November 1 the re-election of Egypt’s ex-Minister of Investment, Mahmoud Mohieldine, as executive director and member of the board. Mohieldin represents a group of Arab states, namely Egypt, the UAE, Bahrain, Kuwait, Oman, Qatar, Jordan, Iraq, Lebanon, and Yemen, along with the Maldives. Following his re-election Mohieldin stressed that […]
Morocco’s Progress and Socialism party (PPS) has officially left the government after its central committee approved a decision by the political bureau to quit the Islamist-led coalition government. Secretary General of the party, Nabil Benabdallah, said the decision comes after a series of irreconcilable political disagreements with the PJD, adding that his party requested answers […]
Kenya is seeking a financing of $1.5 billion from the UAE to bolster its public finances, Reuters and Bloomberg reported, citing sources. Kenya has sought to curb its widening fiscal deficit and growing debt servicing by tax hikes which triggered the most violent protests in the country’s history. A delay in reaching a financing deal […]
