Trade between Libya and Italy fell sharply in the first half of 2025, with total exchanges amounting to €4.76 billion, down from €6.02 billion in the same period last year — a 21% decline, according to data from the Italian Trade Agency cited by Nova News Agency. The downturn was primarily driven by a 25.3% […]
Cairo announced Sunday it received $1.5 billion from Saudi Arabia earmarked for development projects in underprivileged Sinai. The Saudi kingdom has already donated Egypt several billion dollars destined to shore up Egyptian battered economy and finance. The new amount, donated by the Saudi Development Fund, will finance the building of a university, 26 residential complexes, […]
The political and economic crisis is worsening in Kais Saied’s Tunisia. The uncertainties and fears over the collapse of this country has pushed Fitch agency to downgrade its Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘CCC+’. The downgrade of Tunisia’s IDRs, which is becoming a failed state, comes after failure of Tunisia’s authorities […]
