Egypt’s Highest Administrative Court Tuesday ruled as “unconstitutional” the Government’s April decision to transfer two Red Sea Islands to Saudi Arabia and the cabinet announced that it would appeal the decision. The court indicated that the decision was illegal and violated the Egyptian constitution, ordering that the islands of Tiran and Sanafir should remain part […]
The opposition calls for the resignation of president Morsi on the June 30 and organize a rally in Cairo today. The Islamist parties have also decided to organize a rally under the banner a “million-man march to protect the revolution”. A statement released by the headquarters of the Muslim brotherhood referred to it as a […]
The European Bank for Reconstruction & Development has approved a €9.7 Million loan to Fondation Albaraka, one of the largest microfinance institutions in Morocco for on-lending to local micro enterprises. Access to finance through banks remains extremely limited for micro, small and medium-sized enterprises (MSMEs) in Morocco. The EBRD funds will offer much-needed support for […]
