Paris_Abdelhamid-abaaoud

Egypt: Dwindling reserves leading to Pound devaluation

The devaluation of the Egyptian pound seems more and more probable after foreign reserves dropped for the third consecutive month, as shown by the Central Bank data. The foreign reserves have fallen from $20 billion in June to $16 billion in September according to the central bank. The current amount could cover only 3.3 months […]

The Bridge to the Bridge: The Western Balkans and Turkey

Gallia Lindenstrauss and Iftah Celniker Croatia’s expected entry into the European Union as its 28th member in July 2013 is yet another reminder that Turkey, who started formal accession talks at the same time as Croatia, is still in line waiting. Along with Turkey, other actors in the Western Balkans are aspiring to become member […]

BMI-Fitch cuts Morocco’s growth forecast to 4.8% despite recovery signs

International research firm BMI, a Fitch Solutions subsidiary, has revised Morocco’s 2025 economic growth forecast downward to 4.8%, from a previous estimate of 5%. The adjustment reflects cautious optimism amid an uncertain agricultural recovery and mixed signals in public and private investment. The revision follows Morocco’s High Commission for Planning data showing real GDP growth […]