gpi

Mauritania : ruling UPR dominates parliament

The ruling UPR party has emerged victorious in the second round of the legislative elections after winning more than 50% of the parliamentary seats. The elections have been criticized in several quarters and some opposition political parties preferred to boycott it. Tawassoul, a party participating for the first time, won majority of the seats among […]

World Bank highlights resilience of Morocco’s financial sector to drought

Despite consecutive dry years, Morocco’s banking sector has shown resilience and stability, the World Bank said. “Stress tests in Colombia, Morocco, and Mexico indicate that overall physical risks such as droughts and floods as well as transition risks are relatively benign for the financial system as a whole,” the World Bank said in its “Finance […]

Libya: Tripoli-based government rejects Egypt’s hosting of rival PM, expels two diplomats

Tripoli has decided to expel two Egyptian diplomats, giving them three days to evacuate Libyan territory, triggering a diplomatic crisis between Tripoli and Cairo. The decision was made following Mohamad Hamad’s first trip to Egypt as Prime minister of the Benghazi-installed parallel government. The Prime minister of eastern Libya, whose government is chosen by Parliament […]