Egypt’s gross domestic product (GDP) growth rate continued to slow down in the first quarter of the 2013/2014 fiscal year to reach slightly more than 1 percent compared to 2.1 percent in 2012/2013, according to the Egypt’s Central Bank. Deputy CBE governor Ranaia al-Mashat said in his statement that economic activity remained sluggish in the […]
Morocco has received strong backing from the newly inaugurated boss of the Confederation of African Football (CAF) for its twin bid to host the 2026 World Cup. “We are convinced that Morocco could organize this competition just as South Africa did in 2010,” said Ahmad Ahmad, addressing a press conference in Marrakesh earlier this week. […]
The European Parliament on Wednesday approved a plan to lend Tunisia €500 million on favorable terms to help it reduce its external debt and consolidate its democratic mechanisms. The plan was backed by 561 votes to 76, with 42 abstentions. Rapporteur of the debate Marielle De Sarnez (ALDE,FR) emphasized that it is “a loan which […]
