Algeria’s President Tebboune has sought to play down the dire financial and monetary conditions in the country as the currency plunged to a historic low, trading at 290 dinars per euro on the informal market. This collapse signals a deeper structural crisis in an economy crippled by hydrocarbon dependency, corruption, and chronic mismanagement. The dinar’s […]
Libya’s incumbent Prime Minister Abdelhamid Dbeibah Sunday told supporters that “the patriot parliament members” will ruin the confidence-granting session expected this Monday in the country’s legislature to inaugurate the cabinet of rival Fathi Bashagha, reports say. An unspecified number of demonstrators protested in capital Tripoli to demand elections after the scheduled Dec. 24 failed to […]
Banknbox, a financial technology (fintech) firm based in the Egyptian capital of Cairo, announced the opening of its $10 million regional headquarters in Egypt to provide an integrated platform of banking solutions, electronic payments, smart transportation tech, and digital government payment solutions, among others. Banknbox CEO and Managing Director Basem Mahmoud said the company chose […]
