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Morocco’s Central Bank lowers key rate to 2.5 %; expects growth to rebound to 3.9 in 2025 & 2026
Morocco’s Central Bank has decided to reduce key rate by 25 basis points to 2.50 percent as inflation continues to evolve at low levels and is expected to end the year with an average of 1% compared to 6.1% in 2023. The decision was made by the Board of the Bank during its latest quarterly […]
Rolling Plus signs deal with Egypt to set $1bln tire factory in SCZONE
Rolling Plus Chemical Industries will set up in Egypt’s Suez Canal Economic Zone a factory to produce tires with a total investment of above $1 billion, as part of the North African country’s automotive strategy aiming at developing the local car industry in order for the country to become a regional manufacturing hub. Rolling Plus […]
Turkey: Erdogan Quizzes West’s Allegiance after Coup
President Erdogan claimed that foreign parties were involved in last month’s failed coup against his government stating that it “was not just an event planned from the inside.” “The actors inside acted out a scenario for a coup written from the outside,” he said, before scolding the West for “supporting terror and standing by the […]



