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Egypt kick-starts anti-Turkey campaign in North Africa
Head of Egypt’s spy agency Abbas Kamel embarked Monday on a tour of North African countries, including the eastern region in Libya, to curb Turkey’s influence in the region. The Egyptian official’s tour is aimed at building “intelligence cooperation among North African government” and ways “to confront terrorism in the region,” reports Middle East Monitor […]
Nigeria targets $2bln World Bank loan
Africa’s most populous nation is eying a $2 billion World Bank loan to help address pressing challenges and back up hard currency reserves, the government said. The country qualifies for the financing and has the support of other regional banks such as the African Development Bank, Nigerian finance minister Wale Edun said on the sidelines […]
Casablanca stock exchange nears historic record following benchmark rate cut
Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]



