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Cairo to host 12th World Urban Forum next year
Egyptian capital Cairo will host in November 2024 the 12th World Urban Forum (WUF), the world’s largest event to address urban development challenges. The event hosting-related agreement was signed by Egyptian Prime Minister Mostafa Madbouly and Maimunah Mohd Sharif, Executive Director of UN-Habitat, WUF said in a statement. “We are proud to be hosting the […]
Moroccan miner Managem lowers cobalt production due to plummeting prices
Managem, a Moroccan mining company, said it lowered cobalt production at its Bou Azzer mine due to falling prices, as it reports a drop in first quarter revenue. The company opted for “preserving resources” in this low prices context, it said in a statement, noting a 13% drop in first quarter revenue. Cobalt is a […]
Egypt’s government to sell 60% of bond
The government is preparing to sell almost 60% of its bond in the next quarter. The decision is a U-turn on its strategy to cut long-term debt sales by 49% in expectations of the delayed IMF loan. The Finance Ministry will seek to sell 26billion pounds ($4.2 billion) in bonds maturing in 3years to 10years, […]



