Features Headlines Tunisia

Tunisia’s incumbent President Saied set to win presidential election

The Independent High Authority for Elections (ISIE) has announced that the preliminary results of the 2024 presidential election will be released today, Monday, October 7, 2024, at 7 p.m. during a press conference at the media center in the Palais des Congrès. In compliance with Article 144 of the Electoral Law, the ISIE will display […]

Business Egypt Headlines

Suez Canal revenue more than halved due to Houthi attacks on vessels

Egypt said its revenue from the Suez Canal shrunk by 60% as the Yemeni Houthi rebels continue targeting vessels. “We have lost more than 50-60% of the revenue from the Suez Canal, and over the past 7-8 months, we have lost more than $6 billion,” Egyptian President Abdel Fattah el-Sissi said, warning of the repercussions […]

Features Headlines Libya

Four Bangladeshi people freed after being kidnapped by gang in south Tripoli

The Security Directorates Support Apparatus in the Regions has reported the successful release of four Bangladeshi nationals who were held captive in a house along Airport Road, south of Tripoli. The individuals had been kidnapped after leaving a mosque in an undisclosed Libyan city, though the exact date and location of the abduction were not […]

Business Columns Emerging Markets Europe Headlines International Morocco

Morocco well-placed to diversify markets in response to EU’s judicial uncertainties

A politically-motivated ruling by the European Court of Justice could push Morocco towards seeking alternative markets for its fresh produce and fisheries to avoid the legal uncertainties in an EU market where international deals are now led by biased judges disconnected from reality rather than diplomats and politicians. The final ruling declared the EU trade […]

Egypt Features Headlines

Egypt has launched a trial passenger train service on the newly rebuilt Sinai railway line

For the first time in years, a passenger train has crossed into Sinai as part of Egypt’s ongoing efforts to modernize its transportation network. The Ministry of Transport has initiated a trial run of the 100-kilometer Al-Fardan–Bir al-Abd railway line in Sinai, a significant milestone in the region’s rail infrastructure development. Deputy Prime Minister for […]

Africa Algeria Headlines International

Nigeria, Algeria struggle with cholera outbreak

Southern Algeria and northern Nigeria continue to struggle to contain a cholera outbreak amid floods and insecurity. In Algeria’s south, cholera and diphtheria spread among a late reaction from health authorities leading to over 23 deaths. Videos shared on social media showed congested hospitals in the impoverished Algerian south with patients lying on the ground […]

Africa Headlines International

Rwanda starts administering Marburg jabs

Rwanda said it unrolled a Marburg vaccination campaign after some 21 people were killed by the virus. Vaccination would at first focus on medics combating the disease and those most vulnerable, Health Minister Sabin Nsanzimana told reporters. On October 4, The United States government completed an initial shipment of vaccine doses and therapeutic drugs for […]

Business Egypt Features Finance Headlines

Egypt: FRA reveals size of non-banking financing in July 2024

The Financial Regulatory Authority (FRA) reported a notable increase in non-banking financing across various sectors in July 2024. According to the latest figures, the number of consumers benefiting from consumer finance rose to 2.127 million in July 2024, up from 1.986 million in July 2023. The total volume of outstanding loans for micro, small, and […]

Columns Features Headlines Morocco

The Renaissance of Toumliline Monastery in Morocco, a Beacon of Interfaith Dialogue Reborn

In the serene Middle Atlas Mountains near Azrou, Morocco, a quiet revolution in interfaith understanding is taking place. The historic Toumliline Monastery, once a thriving centre of dialogue and cultural exchange, is experiencing a remarkable rebirth. This restoration project not only preserves a significant piece of Morocco’s diverse heritage but also revives its spirit of […]

Africa Finance International

Ghana seeks $3bln loan from the IMF

Ghana and the IMF reached a staff level agreement for a loan worth $3 billion, an inroad in the West African country’s efforts to improve its public finances. Ghana is on a debt-restructuring program after it defaulted on most of its $30 billion international debt in 2022. “Performance under the IMF-supported program has been generally […]