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Egypt Registers Record $8.5 Billion USD Inflow in July Amid Remittance Surge

Egypt recorded its highest-ever monthly inflow of U.S. dollars in July 2025, reaching a staggering $8.5 billion, as announced by Prime Minister Mostafa Madbouly. This figure, which excludes volatile “hot money” investments, reflects robust economic confidence and includes a notable contribution from remittances—Egyptians working abroad sent over $3.6 billion in July alone. The surge in […]

Algeria: Shale gas protests become political, government unconvincing

Protests that started as a social issue in Algeria are slowly making their way to the political platform as pressure builds up against the government. Demonstrations started late last year in the southern oasis town of Ain Salah where a pilot project is being held but it has now spread to several cities across the […]

Morocco’s King Condemns Missile Strikes against Saudi Arabia as “Despicable Criminal Aggression”

King Mohammed VI has condemned the missile strikes against Saudi Arabia that were fired from Yemeni territory, as a “despicable criminal aggression”. In a message to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, King Mohammed VI expressed his “deep sorrow” and “great indignation” and his outright solidarity with the […]