Egypt recorded its highest-ever monthly inflow of U.S. dollars in July 2025, reaching a staggering $8.5 billion, as announced by Prime Minister Mostafa Madbouly. This figure, which excludes volatile “hot money” investments, reflects robust economic confidence and includes a notable contribution from remittances—Egyptians working abroad sent over $3.6 billion in July alone. The surge in […]
International media watchdogs criticized Algeria’s repressive measures to intimidate journalists and demanded the immediate release of journalist and fixer Saïd Chitour who has been held in pretrial detention on allegations of spying for over a month. Reporters without Borders (RSF) released a statement denouncing as “excessive” the pretrial detention of Chitour, and expressing concern over […]
Morocco’s mining leader Managem said it has produced a first gold bar at its Tri-K mine in Guinea, where it started gold production on June 23. Managem expects to produce 130,000 ounces of gold annually. The company has announced earlier this year that it will start production at the mine where reserves exceed 1.56 million […]
