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Egypt: Al Sisi’s top close aid named Transport Minister
President Fattah al-Sisi has named head of the Armed Forces Engineering Authority Transport Minister in replacement of Hisham Arafat who stepped down late last month following a train accident that claimed the lives of 22 people. Kamel al-Wazir, a military general is the head of the Armed Forces Engineering Authority, one of companies responsible for […]
Morocco’s Insurers Pass Stress Tests with Flying Colors as Sector Profits Surge 21%
Morocco’s Comité de Coordination et de Surveillance des Risques Systémiques (CCSRS) concluded its 23rd quarterly meeting in Rabat on Tuesday with a broadly reassuring verdict on the state of the financial system. The committee — presided by the Wali of Bank Al-Maghrib and bringing together the presidents of the AMMC and ACAPS alongside the Director […]
Nigeria’s naira plunges to record lows as citizens react to govt’s redesign plan
Nigeria’s currency, the naira, has dropped to a record low against the US dollar as Nigerians scramble to stockpile the greenback ahead of a redesign of naira notes. It has been just over a week since the Central Bank of Nigeria (CBN) announced its plan to redesign the country’s highest paper denominations – the 200-, […]



