FDIs Index

Tunisia: unconfirmed results make Ennahdha winner of legislatives

Moderate Islamist party Ennahdha has won Sunday legislative elections according to exit polls. Polling firm, Sigma Conseil projects the party to garner 17.5 percent of Sunday’s vote, translating into 40 seats in the 217-member parliament. The polling agency places Heart of Tunisia party, a newly political movement of detained run-off candidate Nabil Karoui, second with […]

Al-Sisi to make maiden visit to Turkey on July 27 as ties upgrade

Egyptian President Abdelfattah al-Sisi will make his first ever visit as leader to Turkey on July 27 amid improvement of ties between the two countries, reports say. During the visit, Al-Sisi will meet with Erdogan to discuss bilateral relations as well as regional developments, the reports add. The upcoming visit is coming amid an outstanding […]

Morocco revises downward 2019 growth to 2.9 pct

Morocco said its economy will grow by 2.9% in 2019 after 3% in 2018 as the economy continues to be affected by agricultural output, according to finance minister Mohamed Benchaaboun. Rainfall was about 23% less this year compared with 2018, so cereals yield was down 50% compared to a year earlier further deepening the trade […]