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MENA Region: Economies expected to grow by 5.5% in 2022 – World Bank
The economies of the Middle East and North Africa (MENA) region are expected to grow by 5.5% this year —the fastest rate since 2016—followed by a slowing of growth to 3.5% in 2023, the World Bank says. Yet this growth is uneven across the region, as countries, still struggling to overcome the lasting effects of […]
Egypt: Bankruptcy evident if situation continues
President Morsi’s outstanding powers has led to demonstrations in the streets demanding him to relinquish them and it has made it effects on Egypt’s benchmark stock index is as it fell by almost 10% in the first trading session since the presidential decrees. The ongoing political tensions in an already paralyzed economy spread swiftly through […]
Fresh Clashes Force Over 10,000 to Flee in Western and Southern Sudan
More than 10,000 people have been displaced from North Darfur and South Kordofan within three days following a renewed surge in violence, according to the UN migration agency. The International Organization for Migration (IOM) said on Sunday, December 28, that over 7,000 residents fled the towns of Kernoi and Oum Barou in North Darfur between […]



